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Qpitstion 1 Calculate the common - size balance sheet from the following information for the company table [ [ Cash , 5 0 ,

Qpitstion 1
Calculate the common-size balance sheet from the following information for the company
\table[[Cash,50,000,Accts/Pay,25,800],[Acct/Rec,60,000,\table[[Accrued],[expenses]],30,000],[Inventories,200,500,Short-term N/P,9,700],[Total Current assets,310,500,\table[[Current],[liabilities]],65,500],[Net fixed assets,132,000,Long-term debt,150,000],[Total assets,442,500,Total liabilities,215,500],[,,Owner's equity,227,000],[,,\table[[Total liabilities],[and owners'],[equity]],442,500]]
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