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< Previous Q Question 10 Next > Given the following Year 9 selected balance sheet data: Assets Cash on Hand Total Current Assets Total
< Previous Q Question 10 Next > Given the following Year 9 selected balance sheet data: Assets Cash on Hand Total Current Assets Total Fixed Asset Investments Total Assets Liabilities and Shareholder Equity Accounts Payable Overdraft Loan Payable 1-Year Bank Loan Payable Current Portion of Long-Term Loans Total Current Liabilities $116,000 235,000 230,000 $465,000 $ 56,000 0 17,000 73,000 Long-Term Bank Loans 46,000 Total Liabilities 119,000 Year 8 Year 9 Shareholder Equity: Balance Change Common Stock (at a par value of $0.50 per share 10,050 0 10,050 Additional Capital 81,500 0 81,500 Retained Earnings 162,450 92,000 254,450 Total Shareholder Equity 254,000 +92,000 346,000 Total Liabilities and Shareholder Equity $465,000 Based on the above figures and the definition of the debt:equity percentages (or OR 202 Privac =
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