Use your Balance Sheet and Ledger Cards to answer questions 10 to 19. 10. What is the balance of the Cash account? 11. What is the net realizable value of the Accounts Receivable? 12. What is the book value of the Shop Equipment? 13. What is the Total Liabilities and Stockholders' Equity? 14. To the nearest hundredth, what is the current ratio? 15. The April 1 balance of the Merchandise Inventory account was $156,850.00. To the nearest hundredth, what is the inventory turnover of the business? 16. To the nearest hundredth, compared to the June 2 balance of the Merchandise Inventory account, the Merchandise Inventory account balance has decreased by what percent? 17. What is the total of Total Plant and Equipment? 18. What is the dollar amount of working capital? 19. To the nearest hundredth, what is the debt ratio?Do not enter the percent (%) sign. Current Assets: Cash Petty Cash Accounts Receivable $ Allowance for Doubtful Accounts $ 92,401.53 150.00 55,974.02 3,832.00 Net Realizable Value of Accounts Receivable Notes Receivable Storage Fees Receivable Interest Receivable Merchandise Inventory Prepaid Insurance Prepaid Property Tax Prepaid Advertising Store and Shop Supplies 52,142.02 10,000.00 0.00 18.89 152, 275.28 2,194.00 108.00 985.00 929.42 Total Current Assets $ 311,204.14 Plant and Equipment Store Equipment and Fixtures Accumulated Depreciation 71,453.40 14,898.00 Book Value $ 56,555.40 Shop Equipment Accumulated Depreciation 35,031.00 6,474.00 Book Value $ 28,557.00 Trucks Accumulated Depreciation 55,697.00 4,481.00 Book Value $ 51,216.00 Total Plant and Equipment 136,328.40 Total Assets $ 447,532.54 ========== LIABILITIES Current Liabilities Accounts Payable Notes Payable Sales Tax Payable Dividends Payable Salaries and Wages Payable Estimated Property Tax Payable Income Taxes Payable Interest Payable Unearned Storage Fees 41,415.62 0.00 1,786.30 0.00 96.05 0.00 2,640.00 0.00 13,010.00 Total Current Liabilities $ 58,947.97 Long-term Notes Payable 10,000.00 Total Liabilities $ 68,947.97 STOCKHOLDERS' EQUITY LIABILITIES Common Stock Retained Earnings $ 225,000.00 153,584.57 Total Stockholder's Equity 378,584.57 Total Liabilities and Stockholders' Equity $ 447,532.54 ========== I TARTIITIES