the firm's concern. EXAMPLE 3.2 Constructing a Balance Sheet Given the information below for Menielle, Inc., construct a balance sheet and a common-sized balance sheet. As a percent of assets, what are the firm's largest investments and sources of financing? Gross fixed assets Cash $75,000 Accounts receivable $50,000 $10,000 Long-term bank note $ 5,000 Other assets Ca Accounts payable $15,000 Mortgage $20,000 $40,000 Common stock $100,000 Retained earnings $15,000 Accumulated deprecation Inventories $70,000 $20,000 Short-term notes $20,000 STED 32E Myfirand