XYZ is a start-up Food Processing rm. It currently owns Food Processing equipment worth $130,000 and has cash on hand of $120,000 contributed by XYZ's owners. For each of the following transactions, identify the real and/or nancial assets that trade hands. Are any nancial assets created or destroyed in the transaction? XYZ takes out a bank loan. It receives $150,000 in cash and signs a note promising to pay back the loan over 5 years. XYZ uses the cash from the bank plus $120,000 of its own funds to nance the development of new Food Processing plant. XYZ sells its nal products to ABC, which will market it to the public under the ABC name. XYZ accepts payment in the form of 1,500 shares of ABC stock. XYZ sells the shares of stock for $80 per share and uses part of the proceeds to pay off the bank loan. Reconsider XYZ Products from the previous problem. Prepare its balance sheet just after it gets the bank loan. What is the ratio of real assets to total assets? Prepare the balance sheet after XYZ spends the $270,000 to develop its nal product. What is the ratio of real assets to total assets? Prepare the balance sheet after XYZ accepts the payment of shares from ABC. What is the ratio of real assets to total assets