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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.)
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.)
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 $24.463 % Accounts receivable $123,762 % Inventory $ 200211 % Total current assets $348,436 % Gross plant and equipment $ % Less: accumulated depreciation $313,000 % Net plant and equipment $ % Total assets $735,436 100.0 % Liabilities Accounts payable $ % Notes payable $26,442 % Total current liabilities $ % Long-term debt $247,775 % Total liabilities $390,587 % Common stock ($0.01 par, 450,000 shares) $4,500 % Paid-in capital $224,809 % Retained earnings $ % Total stockholders' equity $344,849 % Total liabilities and equity $ 100.0 %Step by Step Solution
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