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2019 Statement of Financial Position Assets L iabilities Current assets Current liabilities Cash 9,430 Accounts payable 36,789 Accounts receivable 23,789 Notes payable 14,678 Inventory 38,546

2019 Statement of Financial Position

Assets

Liabilities

Current assets

Current liabilities

Cash

9,430

Accounts payable

36,789

Accounts receivable

23,789

Notes payable

14,678

Inventory

38,546

Total

71,765

Total

51,467

Long-term debt

35,000

Fixed assets

Owners equity

Net plant and equipment

256,467

Common stock

50,000

Retained earnings

191,765

Total

241,765

Total assets

328,232

Total L and OE

328,232

Calculate

  1. The quick Ratio
  2. Debt-Equity Ratio
  3. Long-Term Debt Ratio
post work on paper

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