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11 Exercise 3-18 (Algo) Calculating ratios; solve for unknowns (L03-8) The current section of the bar Tre Company's balance sheet consists of cash market ble

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11 Exercise 3-18 (Algo) Calculating ratios; solve for unknowns (L03-8) The current section of the bar Tre Company's balance sheet consists of cash market ble secues, consecev and inventory The December 31, 2021 bilance sheet revealed the following . 3, um Inventory Tutal assets Current Patio Acid-test ratio Detto equity ratio 2. 1:40 1.5 Required Determine the following 2021 balance sheet items Current 2. Shareholders Long-term assets 4 Long-term 520000 $ 1400 000 $ 1364 000

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