Following is the Balance Sheet in $ for the GTO Hotel:
Cash | 250,000 | Accounts Payable | 175,000 |
Accounts Receivable | 125,000 | Wages Payable | 145,000 |
Inventory | 235,000 | Taxes Payable | 80,000 |
Total Current Assets | 610,000 | Total Current Liabilities | 400,000 |
Equipment | 190,000 | Bank Loan | 500,000 |
Property |
| 1,250,000 |
|
Total Long-Term |
|
|
|
Assets | 2,050,000 | Total Liabilities | 900,000 |
|
| Paid-in Capital | 1,000,000 |
|
| Total Owner Equity | 1,760,000 |
Total Assets | 2,660,000 | Total Liabilities and Owner Equity | 2,660,000 |
Answer the following:
____What is the working capital amount?
____What is the total capitalization amount?
____What is the liabilities capitalization percent?
____What is the Owner Equity capitalization percent?
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