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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.

    $2.19

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