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Posted: **Sun Jul 03, 2022 4:14 pm**

: 8 25 Points Skipped Ebook Print References Spicer Inc Showed The Following Alphabetized List Of Adjusted Account Balanc 1 (23.15 KiB) Viewed 13 times

: 8 25 Points Skipped Ebook Print References Spicer Inc Showed The Following Alphabetized List Of Adjusted Account Balanc 2 (33.23 KiB) Viewed 13 times

: 8 25 Points Skipped Ebook Print References Spicer Inc Showed The Following Alphabetized List Of Adjusted Account Balanc 3 (29.14 KiB) Viewed 13 times

: 8 25 Points Skipped Ebook Print References Spicer Inc Showed The Following Alphabetized List Of Adjusted Account Balanc 4 (20.81 KiB) Viewed 13 times

: 8 25 Points Skipped Ebook Print References Spicer Inc Showed The Following Alphabetized List Of Adjusted Account Balanc 5 (16.04 KiB) Viewed 13 times

8 25 points Skipped eBook Print References Spicer Inc. showed the following alphabetized list of adjusted account balances at December 31, 2020. Assume that the preferred shares are non-cumulative. Accounts Payable Accounts Receivable Accumulated depreciation, Equipment Accumulated depreciation, Warehouse Cash Cash Dividends Common Shares Equipment Income Tax Expense Land Notes Payable, due in 2023. Operating Expenses Preferred Shares Retained Earnings Revenue Warehouse $ 26,560 40,000 11,040 22,080 9,200 20,400 120,000 79,200 41,400 125,600 34,400 110,000 40,000 28,520 280,000 136,800 Required: Prepare a classified balance sheet at December 31, 2020. (Enter all amounts as positive values.)

8 25 points Skipped eBook Print References Required: Prepare a classified balance sheet at December 31, 2020. (Enter all amounts as positive values.) Current assets: Total current assets Property, plant and equipment: Total property, plant and equipment Total assets SPICER INC. Balance Sheet December 31, 2020 Assets $ $ 0 0 0

8 25 points Skipped eBook Print References Current liabilities: Non Current liabilities: Total liabilities Contributed Capital: Total contributed capital Total equity Total liabilities and equity Liabilities Equity $ 0 $ $ 0 0 0

8 25 points Skipped eBook Print References Mc 1. What percentage of the total assets is owned by the shareholders? (Round your final answer to the nearest whole percent.) Percentage total assets Check my % 2. What percentage of Spicer Inc. is equity financed? (Round your final answer to the nearest whole percent.) Percentage of equity financed % Percentage of financed by 3. What percentage of Spicer Inc. is financed by debt? (Round your final answer to the nearest whole percent.)

00 25 points Skipped eBook Prirt 4. What percentage of the total assets is owned by the common shareholders? (Round your final answer to the nearest whole percent.) Percentage the total assets 5. What percentage of the assets is financed by the preferred shareholders? (Round your final answer to the nearest whole percent.) Percentage the assets 6. Not available in Connect.