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Question 12 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 12 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 $23,824 3.2 % Accounts receivable $123,250 % Inventory 27.3 % Total current assets $347,281 % Gross plant and equipment 95.3 % $ Less: accumulated depreciation $313,000 42.6 % Net plant and equipment % $ Total assets $734,281 100.0 % Liabilities Accounts payable $ 16.0 % Notes payable $27,054 3.7 % Total current liabilities % $ Long-term debt $247,833 33.8 % Total liabilities $392,473 % $4,500 0.6 % Common stock ($0.01 par, 450,000 shares) Paid-in capital $221,371 30.1 % Retained earnings $ % Total stockholders' equity $341,808 46.6 % Total liabilities and equity 100.0 % $
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