Question
Required information Skip to question [The following information applies to the questions displayed below.] Maben Company was started on January 1, Year 1, and experienced
Required information Skip to question [The following information applies to the questions displayed below.] Maben Company was started on January 1, Year 1, and experienced the following events during its first year of operation: Acquired $37,000 cash from the issue of common stock. Borrowed $33,000 cash from National Bank. Earned cash revenues of $55,000 for performing services. Paid cash expenses of $48,500. Paid a $1,700 cash dividend to the stockholders. Acquired an additional $27,000 cash from the issue of common stock. Paid $8,000 cash to reduce the principal balance of the bank note. Paid $60,000 cash to purchase land. Determined that the market value of the land is $84,000.
Determine the percentage of assets that were provided by investors, creditors, and earnings. (Round your answers to 2 decimal places.)
Assets
Investors %
Creditors %
Earnings %
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