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 $24,706 3.4 % Accounts receivable $123,349 % Inventory $ 27.4 % Total current assets $349,949 % Gross plant and equipment $ 95.0 % Less: accumulated depreciation $313,000 42.5 % Net plant and equipment $ % Total assets $736,949 100.0 % Liabilities Accounts payable $ 15.8 % Notes payable $28,961 3.9 % Total current liabilities $ % Long-term debt $245,383 33.3 % Total liabilities $390,893 % Common stock ($0.01 par, 450,000 shares) $4,500 0.6 % Paid-in capital $223,452 30.3 % Retained earnings $ % Total stockholders' equity $346,056 47.0 % Total liabilities and equity $ 100.0 %

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 $24,706 3.4 % Accounts...

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	$24,706	3.4	%
Accounts receivable	$123,349		%
Inventory	$	27.4	%
Total current assets	$349,949		%
Gross plant and equipment	$	95.0	%
Less: accumulated depreciation	$313,000	42.5	%
Net plant and equipment	$		%
Total assets	$736,949	100.0	%
Liabilities
Accounts payable	$	15.8	%
Notes payable	$28,961	3.9	%
Total current liabilities	$		%
Long-term debt	$245,383	33.3	%
Total liabilities	$390,893		%
Common stock ($0.01 par, 450,000 shares)	$4,500	0.6	%
Paid-in capital	$223,452	30.3	%
Retained earnings	$		%
Total stockholders' equity	$346,056	47.0	%
Total liabilities and equity	$	100.0	%

Jun 09, 2022

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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.) Assets Cash $24,706 3.4 % Accounts...

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