Answer Happy

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 $24,820 % Accounts receivable $123,167 % Inventory $ % Total current assets $348,297 % Gross plant and equipment $ % Less: accumulated depreciation $313,000 % Net plant and equipment $ % Total assets $735,297 100.0 % Liabilities Accounts payable $ % Notes payable $28,208 % Total current liabilities $ % Long-term debt $247,028 % Total liabilities $393,195 % Common stock ($0.01 par, 450.000 shares) $4,500 % Paid-in capital $220,634 % Retained earnings $ % Total stockholders' equity $342,102 % Total liabilities and equity $ 100.0 %