2) The following items were taken from the financial statements of Panda Hypermarket Company. (All dollars are in thousands.) Common stock $2,826 Prepaid expenses 1,366 Equipment 6,705 Investments- Long term 2,847 Cash $1,728 Accumulated depreciation equipment 3,547 Accounts payable 1,344 Retained earnings 6,896 Accounts receivable 1,277 I Note payable - Long term 810 Investments Short-term 1,743 Income taxes payable 243 Instructions Prepare a classified balance sheet in good form as of December 31, 2009 Q1) find the total current assets: a. 6,114. b. 4,371. c. 4,837. d. 4,748. Q2) find the total of property, plant, and equipment e. 6,705. f. 3,158. g. 3,858. h. 5,535. Q3) Long term Assets: e. 3,750. f. 2,750. g. 2,847. h. 3,500. Q4) Total Assets: e. 13,119. f. 12,590. g. 13,590. h. 12,119. Q5) Total current liability: e. 1,587. f. 1,450. g. 1,687. h. 2,000. Q6) Total long term liability e. 1,250. f. 810. I 8. 1,350. h. 1,450. Q7) Total of shareholder equity: e. 10,000. f. 8,722. 9,722 h. 7,500. Q8) Total liabilities and shareholder equity: a. 13,119. b. 12,590. c. 13,590. d. 12,119. Q9) Calculate the liquidity by using current ratio: e. 3.85. f. 0.26. g. All above. h. None above. Q10) Calculate the (Solvency ratio) debt to total assets ratio: e. 39.2% f. 35% g. 45% h. 50% For 2020 Abdullah Corporation reported net income $30,000; net sales $100,000; and average shares outstanding 5,000. There were preferred stock dividends of $5,000. What was the 2020 earnings per share? 5 19 10 15