(Learning Objective 4: Using ratio data to reconstruct a balance sheet) A skeleton of Athol Country Florists...
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(Learning Objective 4: Using ratio data to reconstruct a balance sheet) A skeleton of Athol Country Florist’s balance sheet appears as follows (amounts in thousands):
Use the following ratio data to complete Athol Country Florist’s balance sheet:
a. Debt ratio is 0.50.
c. Acid-test ratio is 0.40.
b. Current ratio is 1.30.
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Related Book For 
Financial Accounting International Financial Reporting Standards
ISBN: 9780273777809
1st Global Edition
Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy
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