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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Use your knowledge of balance s'eeb and common-size statements to fill in the mising dollar armounts. (Ro
Cash
$23,637
3.2 %
Accounts receivable
$124,937
Inventory
27.2 %
Total curent assets
$348,801
%
Gross plant and equipment
95.1 %
Less: accumulsted depredistion
$313,000
42.5%
Net plant and equipment
Total assets
$735,801
100.0 %
Liabilities
Accounts payable
15.9 %
Notes payable
326,574
3.6 %
Total current liabilities
Long-term debt
$247,711
33.7 %
Total liabilities
3391,283
Common stock ($0.01 par, 450,000 zheres)
$4,500
0.6 %
Paid-in capital
3223,017
30.3%
Retained earnings
Total stockhplders equity
E344,518
46.3 %
Total liabilities and equity
Po 0'00
Transcribed Image Text:Use your knowledge of balance s'eeb and common-size statements to fill in the mising dollar armounts. (Ro Cash $23,637 3.2 % Accounts receivable $124,937 Inventory 27.2 % Total curent assets $348,801 % Gross plant and equipment 95.1 % Less: accumulsted depredistion $313,000 42.5% Net plant and equipment Total assets $735,801 100.0 % Liabilities Accounts payable 15.9 % Notes payable 326,574 3.6 % Total current liabilities Long-term debt $247,711 33.7 % Total liabilities 3391,283 Common stock ($0.01 par, 450,000 zheres) $4,500 0.6 % Paid-in capital 3223,017 30.3% Retained earnings Total stockhplders equity E344,518 46.3 % Total liabilities and equity Po 0'00
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