1.)Two Company Comparison CONSOLIDATED BALANCE SHEETS Fiscal Year-End -20xx Fiscal Year - 20xx Company A Company B ASSETS Current assets: Cash $163,231 $127,376 Accounts Receivable $110,464 $99,444 Inventory $74,483 $197,270 Prepaid insurance $185,620 $141,088 Prepaid rent $168,684 $102,387 Other $71,364 $152,693 Total Current Assets Non-Current Assets Land $161,182 $53,053 Equipment $141,889 $145,342 Notes receivable $57,512 $161,198 Total Assets Liabilities Current Liabilities Accounts payable $175,321 $55,562 Accrued payroll and benefits $81,236 $121,622 Other $71,364 $152,693 Total Current Liabilities Non-Current Liabilities Long Term debt $66,033 $156,342 Other Long Term debt $144,664 $98,624 Total Non-Current Liabilities Shareholders Equity Common Shares Total Shareholders Equity Liabilities & Sharehoders Equity Find the Quick Acid Test Ratio for Company A. 2.). Two Company Comparison CONSOLIDATED BALANCE SHEETS Fiscal Year-End -20xx Fiscal Year - 20xx Company A Company B ASSETS Current assets: Cash $66,813 $137,595 Accounts Receivable $63,165 $86,815 Inventory $52,248 $186,383 Prepaid insurance $172,027 $108,183 Prepaid rent $139,398 $113,438 Other $161,514 $187,656 Total Current Assets Non-Current Assets Land $196,090 $168,275 Equipment $184,218 $91,168 Notes receivable $52,157 $109,333 Total Assets Liabilities Current Liabilities Accounts payable $100,175 $81,948 Accrued payroll and benefits $116,656 $70,539 Other $161,514 $187,656 Total Current Liabilities Non-Current Liabilities Long Term debt $167,384 $35,277 Other Long Term debt $190,112 $87,048 Total Non-Current Liabilities Shareholders Equity Common Shares Total Shareholders Equity Liabilities & Sharehoders`Equity Find the Current Ratio for Company A. 3.). Two Company Comparison CONSOLIDATED BALANCE SHEETS Fiscal Year-End -20xx Fiscal Year - 20xx Company A Company B ASSETS Current assets: Cash $180,580 $50,627 Accounts Receivable $149,676 $130,743 Inventory $113,540 $124,516 Prepaid insurance $132,408 $192,055 Prepaid rent $118,200 $163,790 Other $96,508 $186,048 Total Current Assets Non-Current Assets Land $61,390 $159,480 Equipment $188,590 $160,724 Notes receivable $113,087 $62,098 Total Assets Liabilities Current Liabilities Accounts payable $116,573 $156,281 Accrued payroll and benefits $179,524 $79,964 Other $96,508 $186,048 Total Current Liabilities Non-Current Liabilities Long Term debt $151,992 $89,180 Other Long Term debt $52,351 $163,681 Total Non-Current Liabilities Shareholders Equity Common Shares Total Shareholders Equity Liabilities & Sharehoders`Equity Find the Debt Ratio for Company B. 4.) Two Company Comparison CONSOLIDATED BALANCE SHEETS Fiscal Year-End -20xx Fiscal Year - 20xx Company A Company B ASSETS Current assets: Cash $53,317 $141,782 Accounts Receivable $188,211 $94,144 Inventory $138,011 $72,553 Prepaid insurance $147,185 $113,552 Prepaid rent $86,329 $187,978 Other $87,897 $190,741 Total Current Assets Non-Current Assets Land $82,674 $173,993 Equipment $197,456 $119,759 Notes receivable $159,596 $94,764 Total Assets Liabilities Current Liabilities Accounts payable $169,097 $188,933 Accrued payroll and benefits $193,962 $161,922 Other $87,897 $190,741 Total Current Liabilities Non-Current Liabilities Long Term debt $138,215 $55,201 Other Long Term debt $176,954 $58,981 Total Non-Current Liabilities Shareholders Equity Common Shares Total Shareholders Equity Liabilities & Sharehoders`Equity Find the Quick Acid Test Ratio for Company B. 5.) Two Company Comparison CONSOLIDATED BALANCE SHEETS Fiscal Year-End -20xx Fiscal Year - 20xx Company A Company B ASSETS Current assets: Cash $135,095 $179,602 Accounts Receivable $188,048 $67,326 Inventory $188,861 $97,617 Prepaid insurance $115,957 $189,304 Prepaid rent $199,660 $93,045 Other $114,436 $153,204 Total Current Assets Non-Current Assets Land $170,893 $184,271 Equipment $157,020 $138,365 Notes receivable $62,464 $106,548 Total Assets Liabilities Current Liabilities Accounts payable $52,956 $119,564 Accrued payroll and benefits $146,959 $137,058 Other $114,436 $153,204 Total Current Liabilities Non-Current Liabilities Long Term debt $160,542 $156,885 Other Long Term debt $69,282 $97,930 Total Non-Current Liabilities Shareholders Equity Common Shares Total Shareholders Equity Liabilities & Sharehoders`Equity Find the Current Ratio for Company B. 6.) Two Company Comparison CONSOLIDATED BALANCE SHEETS Fiscal Year-End -20xx Fiscal Year - 20xx Company A Company B ASSETS Current assets: Cash $188,537 $65,605 Accounts Receivable $130,264 $188,963 Inventory $105,818 $71,773 Prepaid insurance $145,940 $55,750 Prepaid rent $99,175 $97,037 Other $149,954 $161,888 Total Current Assets Non-Current Assets Land $107,742 $160,785 Equipment $59,777 $92,527 Notes receivable $176,314 $136,857 Total Assets Liabilities Current Liabilities Accounts payable $68,282 $91,606 Accrued payroll and benefits $192,313 $59,422 Other $149,954 $161,888 Total Current Liabilities Non-Current Liabilities Long Term debt $90,326 $57,175 Other Long Term debt $53,393 $119,636 Total Non-Current Liabilities Shareholders Equity Common Shares Total Shareholders Equity Liabilities & Sharehoders`Equity Find the Debt Ratio for Company A