Category. Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash ??? ??? Common Stock @ par value 37,600 42,000 COGS 131,400 178,670. Depreciation expense 21,600 22,842.C Interest expense 16,200 16,309.0 Inventories 111,600 115,200 Long-term debt 135,000 139,952. Net fixed assets 376,220.00 399,600 Notes payable 59,400 64,800 Operating expenses (excl. 50,400 60,519.0

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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#6 O
Category
Prior year
Current
year
Accounts payable
41,400
45,000
Accounts receivable
115,200
122,400
Accruals
16,200
13,500
Additional paid in capital
200,000
216,660
Cash
???
???
Common Stock @ par value
37,600
42,000
COGS
131,400
178,670.0
Depreciation expense
21,600
22,842.00
Interest expense
16,200
16,309.00
Inventories
111,600
115,200
Long-term debt
135,000
139,952.0
Net fixed assets
376,220.00
399,600
Notes payable
59,400
64,800
Operating expenses (excl.
50,400
60,519.00
depr.)
Retained earnings
122,400
136,800
Sales
255,600
337,653.0
Тахes
9,900
18,772.00
What is the current year's entry for long-term debt on a
common-sized balance sheet?
Submit
Answer format: Percentage Round to: 2 decimal places
(Example: 9.24%, % sign required. Will accept decimal
format rounded to 4 decimal places (ex: 0.0924))
unanswered
not submitted
Attempts Remaining: Infinity
Transcribed Image Text:#6 O Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash ??? ??? Common Stock @ par value 37,600 42,000 COGS 131,400 178,670.0 Depreciation expense 21,600 22,842.00 Interest expense 16,200 16,309.00 Inventories 111,600 115,200 Long-term debt 135,000 139,952.0 Net fixed assets 376,220.00 399,600 Notes payable 59,400 64,800 Operating expenses (excl. 50,400 60,519.00 depr.) Retained earnings 122,400 136,800 Sales 255,600 337,653.0 Тахes 9,900 18,772.00 What is the current year's entry for long-term debt on a common-sized balance sheet? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) unanswered not submitted Attempts Remaining: Infinity
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