Pages • 1
Poco Loco Inc. Essay Preview: Poco Loco Inc. Report this essay Solutions to End-of-Chapter Three Problems3-1 From the data given in the problem, we know the following:Current assets $ 500,000c Accounts payable and accruals $ 100,000eNet plant and equipment 2,000,000 Notes payable 150,000 Current liabilities $ 250,000d Long-term debt 750,000 Total common equity 1,500,000Total assets $2,500,000 Total liabilities and equity $2,500,000bNote: Superscripts correspond to.