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Question 6 Use your knowledge of balance sheets and common-size statements to fill in the missing dollar amounts. (Round percentage answers to 1 decimal place,
Question 6 Use your knowledge of balance sheets and common-size statements to fill in the missing dollar amounts. (Round percentage answers to 1 decimal place, e.g. 527.5.) Assets Cash $23,086 3.1 % Accounts receivable $123,957 % Inventory 27.4 % $ Total current assets $348,319 % Gross plant and equipment 95.2 % $ Less: accumulated depreciation $313,000 42.6 % Net plant and equipment % $ $735,319 100.0 % Total assets Liabilities Accounts payable 16.1 % $ Notes payable $26,809 3.6 % Total current liabilities % $ Long-term debt $246,993 33.6 % Total liabilities $392,434 % 0.6 % Common stock ($0.01 par, 450,000 shares) Paid-in capital $4,500 $221,083 30.1 % Retained earnings % $ Total stockholders' equity $342,885 46.6 % Total liabilities and equity 100.0 % $
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