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The following are the assets and liabilities of Mimi Mac Realty Company, as of March 31, 2021. Also included are revenue, expense, and selected
The following are the assets and liabilities of Mimi Mac Realty Company, as of March 31, 2021. Also included are revenue, expense, and selected stockholders' equity figures for the year ended on that date (amounts in millions): (Click the icon to view the account balances.) Read the requirement. Start with the heading and then complete the rest of the statement. (Classify the balance sheet by selecting the proper title on all applicable subtotal lines. In the first part complete the assets section of the balance sheet. In the second part completa the liabilities and stockholders' equity section of the balance sheet. Enter amounts in millions to one decimal place, X.X. If an input field is not used in the balance sheet, leave the field empty, do not select a label or enter a zero.) Data table Total revenue Receivables Current liabilities SA $ 26.2 Investment assets (long-term) $ 77.4 0.4 Property and equipment, net 1.7 2.1. Other expenses 7.4 Common stock 37.5 Retained earnings, beginning 2.2 Interest expense 0.1 Retained earnings, ending ? Salary and other employee expenses 13.2 Cash 57.7 Long-term liabilities 102.1 Other assets (long-term) 10.3 Print Done - Requirement 1. Construct the balance sheet of Mimi Mac Realty Company at March 31, 2021. Use the accounting equation to compute ending retained earnings. Print Done - X
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