Page 90 Problem 3-1 Balance Sheet, The assets of Dallas & Associates consist entirely of current assets and net plant and equipment. The firm has total assets of 2.5 million and net plant and equipment equals 2 million. It has notes payable of 150000, long term debt of 750000, and total common equity of 1.5 million. The firm does have accounts payable and accruals on its balance sheet. The firm only finances with debt and common equity, so it has no preferred stock on it balance sheet. A. What is the company's total debt? B. What is the amount of total liabilities and equity that appears on the firms balance sheet? C. What is the balance of current assets on the firms's balance sheet? D. What is the liabilities on the firms balance sheet? E. What is the amount of accounts payable and accruals on this balance sheet? F What is the firms net working capital? G. What is the firms net operating capital? H. What is the explanation for the difference in your answers to part F and G?