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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 $23,494 3.2 % Accounts receivable $ 124,963 % Inventory 27.2 % Total current assets $348,668 % Gross plant and equipment 95.2 % $ Less: accumulated depreciation $313,000 42.5 % Net plant and equipment 0% $ Total assets $735,668 100.0 % Liabilities Accounts payable 15.9 % Notes payable $27,775 3.8 % Total current liabilities % $ Long-term debt $246,403 33.5 % Total liabilities $391,098 % 0.6% Common stock ($0.01 par, 450,000 shares) Paid-in capital $4,500 $221,192 30.1 % Retained earnings % Total stockholders' equity $344,570 46.8 % Total liabilities and equity 100.0 % Question Attempts: 0 of 2 used SAVE FOR LATER SUBMIT AN
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