Business, 18.03.2021 01:10 ruinmylife

Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets

Assets Liabilities and Owners’ Equity
2017 2018 2017 2018
Current assets Current liabilities
Cash $10,200 $13,200 Accounts payable $46,000 $62,160
Accounts receivable 30,200 38,640 Notes payable 27,800 33,120
Inventory 74,600 87,120 Total $115,000 $138,960
Total $73,800 $95,280 Long-term debt $40,000 $36,000
Owners’ equity
Common stock and paid-in surplus $60,000 $60,000
Retained earnings 226,200 288,720 Net plant and equipment $285,000 $341,040
Total $286,200 $348,720 Total assets $400,000 $480,000
Total liabilities and owners’ equity $400,000 $480,000

Required:
Prepare the 2018 combined common-size, common-base year balance sheet for Just Dew It. (Do not round intermediate calculations and round your answers to 4 decimal places, e. g., 32.1616.)

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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. JUST DEW...

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