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511-12 A skeleton of Hill Country Florist Limited's balance sheet appears as follows (amounts a in thousands): D B 1 Balance Sheet 2 w N
511-12 A skeleton of Hill Country Florist Limited's balance sheet appears as follows (amounts a in thousands): D B 1 Balance Sheet 2 w N $ 1,164 3 $ 253 (a) 555 (b) Total current liabilities Long-term debt Other long-term liabilities 4 826 5 6 Cash Receivables Inventories Prepaid expenses Total current assets Property, plant, and equipment, net Other assets Total assets 7 185 2,846 Common shares Retained earnings Total liabilities and shareholders' equity (d) 1,150 $ 6,315 8 9 $ 10 Use the following ratio data to complete Hill Country Florists balance sheet: a. Debt ratio is 0.52. b. Current ratio is 1.20. C. Acid-test ratio is 0.70
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