Homework 8 Chapters 13-14 TO FIN350 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.) - Correct answers are attached.

Cash $23,912 _%
Accounts receivable $124,926 _%
Inventory $_ _%
Total current assets $350,355 _%
Gross plant and equipment $_ _%
Less: accumulated depreciation $313,000 _%
Net plant and equipment $_ _%
Total assets $737,355 100.0 %

Liabilities
Accounts payable $_ _%
Notes payable $26,819 _%
Total current liabilities $_ _%
Long-term debt $246,822 _%
Total liabilities $391,195 _%
Common stock ($0.01 par, 450,000 shares) $4,500 _%
Paid-in capital $224,608 _%
Retained earnings $_ _%
Total stockholders' equity $346,160 _%
Total liabilities and equity $737,355 100.0%