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Balance Sheet - Fill in the Missing numbers

The bookkeeper for Lowell's Country Music Bar left this incomplete balance sheet. Lowell's working capital is 90,000 and its debt to assets ratio is 40 percent.

Complete the balance sheet by supplying the missing amounts.

(see attached)

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Dear Student,

In the attached document, I have laid out a detailed, step by ...

Solution Summary

Solution fills in missing numbers from a balance sheet by using the working capital and the debt to equity ratio. Attached as Excel.

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