A summary of Pasmore Ltd.'s balance sheet appears as follows:

Use the following ratio data to complete Pasmore Ltd.'s balance sheet:
a. Current ratio is 0.70.
b. Acid-test ratio is 0.30.

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PASMORE LTD Balance Sheet March 31,2016 Cash Receivables Inventories Prepaid expenses Total current assets Property, plant, and equipment, net Other assets Total assets s 25 Total current liabilities $1 ,050 (A) 375 Long-term note payable Other long-term liabilities 410 (D) 1,075 Shareholders' equity 1,200 $3,400 Total liabilities and equity (F