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%

hey there!

if she's saving for six months, let's divide the total number we need for the trip by six, dividing it into the amount that needs to be saved for each month.

500 ÷ 6 =

she needs to save at least this amount each month, so we should use this symbol: ≥

let x be the amount she saves each month.

your final answer is x ≥

hope this !

mr. flanders’ class sold 47 doughnuts and   mr. rodriquez’s class sold 38 cartons of milk

step-by-step explanation:

let x be the number of doughnuts sold by mr. flanders’ class and y be the number of cartons sold by mr. rodriquez’s class.

1. together, the classes sold 85 items, then

x+y=85.

2. both classes earn earned $104.49 for their school. if doughnuts were sold for $1.35 each, then x doughnuts costed $1.35x. if cartons of milk were sold for $1.08 each, then y cartons costed $1.08y. hence,

1.35x+1.08y=104.49.

3. solve the system of two equations: