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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.) Assets Cash $24,005 3.3 % Accounts receivable $123,213 Inventory % 27.4 % $348,988 % 95.1 % $313,000 42.5 % % $735,988 100.0 % 16.2 % $ $27,255 3.7 % Total current assets Gross plant and equipment Less: accumulated depreciation Net plant and equipment Total assets Liabilities Accounts payable Notes payable Total current liabilities Long-term debt Total liabilities Common stock ($0.01 par, 450,000 shares) Paid-in capital Retained earnings Total stockholders' equity Total liabilities and equity % 33.6 % % $247,168 $393,361 $4,500 $222,905 0.6 % 30.3 % % $342,627 46.6% 100.0 %
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