From the Following Balance Sheet for Bricks Corporation,compute the Common-Size

question 2

Essay

From the following balance sheet for Bricks Corporation,compute the common-size balance sheet amounts.(Round all percentages to nearest tenth of a percent.)
$$\begin{array} { l r l } & \text { Amount } & \text { Percent } \\\text { Current Assets } & \$ 40,000 & ---- \\\text { Plant and Equipment } & \underline { 360,000 } & ---- \\\text { Total Assets } & \underline { \underline { 400,000 } } & ---- \\& & \\\text { Current Liabilities } &\$ 100,000 & ---- \\\text { Long-term Liabilities } &180,000 & ---- \\\text { Common Stock } & 80,000 & ----\\\text { Retained Earnings } &\underline { 40,000 } &---- \\\text { Total Liabilities and } & & \\\text { Stockholders' Equity } &\underline { \$ 400,000 }&----\end{array}$$

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Definitions:

Benefits Loss

The reduction or elimination of employee benefits, which can have financial and morale implications on individuals within an organization.

Attitude Change

The process of altering one's beliefs, feelings, or intended behaviors towards a person, object, or idea.

Self-esteem Levels

The degree to which a person values themselves, which can affect their confidence, behavior, and overall mental health.

Extreme Attitudes

Highly polarized beliefs or opinions that significantly deviate from the moderate or neutral point of view.