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Calculate Plant and equipment (net) for the balance sheet

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(Base Year)
2006 2005 2004
Assets
Current assets 55,000 56,500 70,000
Plant and equipment (net) 495,000 410,000 440,000
Intangible assets (net) 20,000 27,500 40,000
Total assets 570,000 494,000 550,000

Liabilities & Stockholders' Equity
Current liabilities 40,000 35,000 32,500
Long-term liabilities 395,000 310,000 375,000
Stockholders' equity 135,000 149,000 142,500
Total liabilities & equity 570,000 494,000 550,000

In a common size balance sheet for 2005, Plant and equipment (net) is expressed as...

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Solution Summary

The expert calculates the plant and equipment net for the balance sheets. The liabilities and stockholders' equity is discussed.

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