Use your knowledge of balance s'ees and common-size statements to fill in the missing dollar amounts. Assets Cash $23,637 3.2 % Accounts receivable $124,937 Inventory 27.2 % Total curent assets $348,801 % Gross plant and equipment 95.1 % 24 Less: accumulsted depreciation $313,000 42.5 % Net plant and equipment 0% Total assets $735,801 100.0 % Liabilities Accounts pay=ble 15.9 % Notes payable $26,574 3.6 % Total current liabilities Long-term debt $247,711 33.7 % Total liabilities $391,283 % Common stock ($0.01 par, 450,000 shares) $4,500 0.6% Paid-in capital $223,017 30.3 % Retained earnings Total stockholders equity $344,518 46.8 % Total liabilities and equity 100.0 %
Use your knowledge of balance s'ees and common-size statements to fill in the missing dollar amounts. Assets Cash $23,637 3.2 % Accounts receivable $124,937 Inventory 27.2 % Total curent assets $348,801 % Gross plant and equipment 95.1 % 24 Less: accumulsted depreciation $313,000 42.5 % Net plant and equipment 0% Total assets $735,801 100.0 % Liabilities Accounts pay=ble 15.9 % Notes payable $26,574 3.6 % Total current liabilities Long-term debt $247,711 33.7 % Total liabilities $391,283 % Common stock ($0.01 par, 450,000 shares) $4,500 0.6% Paid-in capital $223,017 30.3 % Retained earnings Total stockholders equity $344,518 46.8 % Total liabilities and equity 100.0 %
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.23E: Unusual income statement items Assume that the amount of each of the following items is material to...
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