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   $23,989       % Accounts receivable   $123,197       % Inventory   $        % Total current assets   $347,397       % Gross plant and equipment   $        % Less: accumulated depreciation   $313,000       % Net plant and equipment   $        % Total assets   $734,397     100.0 % Liabilities             Accounts payable   $        % Notes payable   $26,014       % Total current liabilities   $        % Long-term debt   $246,126       % Total liabilities   $389,101       % Common stock ($0.01 par, 450,000 shares)     $4,500       % Paid-in capital   $221,912       % Retained earnings   $        % Total stockholders' equity   $345,296       % Total liabilities and equity   $      100.0 %

Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter8: Investing Activities
Section: Chapter Questions
Problem 1.3AIC: Estimate the average total estimated useful life of depreciable property, plant, and equipment....
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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   $23,989       %
Accounts receivable   $123,197       %
Inventory         %
Total current assets   $347,397       %
Gross plant and equipment         %
Less: accumulated depreciation   $313,000       %
Net plant and equipment         %
Total assets   $734,397     100.0 %
Liabilities            
Accounts payable         %
Notes payable   $26,014       %
Total current liabilities         %
Long-term debt   $246,126       %
Total liabilities   $389,101       %
Common stock ($0.01 par, 450,000 shares)     $4,500       %
Paid-in capital   $221,912       %
Retained earnings         %
Total stockholders' equity   $345,296       %
Total liabilities and equity       100.0 %
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