undefined

Question 6 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 $24,531 3.3 % Accounts receivable $124,026 % Inventory 27.4 % Total current assets $350,320 % Gross plant and equipment 94.9 % $ Less: accumulated depreciation $313,000 42.5 % Net plant and equipment % $ $737,320 100.0 % Total assets Liabilities Accounts payable 16.0 % Notes payable $27,656 3.8 % Total current liabilities % $ $246,393 33.4 % $392,261 % Long-term debt Total liabilities Common stock ($0.01 par, 450,000 shares) Paid-in capital 0.6 % $4,500 $224,535 30.5 % Retained earnings % $ Total stockholders' equity $345,059 46.8 % Total liabilities and equity 100.0 % $