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Spicer Inc. showed the following alphabetized list of adjusted account balances at December 31, 2020. Assume that the preferred shares are non-cumulative. Accounts Payable Accounts
Spicer Inc. showed the following alphabetized list of adjusted account balances at December 31, 2020. Assume that the preferred shares are non-cumulative. Accounts Payable Accounts Receivable Accumulated depreciation, Equipment Accumulated depreciation, Warehouse Cash Cash Dividends Common Shares Equipment Income Tax Expense Land Notes Payable, due in 2023 Operating Expenses Preferred Shares Retained Earnings Revenue Warehouse $ 26,660 40, 100 11, e90 22,188 9,300 20, 500 121,600 79.388 41,500 126,600 34,500 110, 100 40, 180 28,620 281,50 137.990 Required: Prepares classified balance sheet at December 31, 2020. (Enter all amounts as positive values.) PICER INC Current Tourant Portant and met Total property, plant and equipment Total Liabilities Non Current Corrado 1. What percentage of the total assets is owned by the shareholders? (Round your final answer to the nearest whole percent.) Percentage total assets 2. What percentage of Spicer Inc. Is equity financed? (Round your final answer to the nearest whole percent.) Percentage of equity financed % 3. What percentage of Spicer Inc. Is financed by debt? (Round your final answer to the nearest whole percent.) Percentage of financed by debt % 4. What percentage of the total assets is owned by the common shareholders? (Round your final answer to the nearest whole percent.) Percentage the total assets % 5. What percentage of the assets is financed by the preferred shareholders? (Round your final answer to the nearest whole percent.) Percentage the assets
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