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Use the balance sheet above and the following additional information to answer questions A through E : 1. Cash includes $50,000 deposited in a bond
Use the balance sheet above and the following additional information to answer questions A through E : 1. Cash includes $50,000 deposited in a bond sinking fund 2. Trading securities have a cost of $15,000. 3. Management intends to hold the Equity Investments long-term 4. The note payable matures in 90 days, however, management has executed a contractual agreement to refinance and convert the debt to long-term. 5. The Bond Payable will be paid off in installments. $100,000 of the $400,000 bond is due to mature next year. (A) Geronimo's Current Assets Total: (B) Geronimo's Noncurrent Assets Total: (C) Geronimo's Current Liabilities Total: (D) Geronimo's Long-Term Liabilities Total: (E) Geronimo's Stockholders' Equity Total
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