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$ 5400 7550 11,050 1000 31,600 24,500 $ 81.100 Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total assets

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$ 5400 7550 11,050 1000 31,600 24,500 $ 81.100 Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total assets Liabilities and stockholders' equity Accounts payable Salaries payable Bonds payable (due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders' equity $ 3400 6600 14,500 18,500 38,100 $ 81.10 What is the company's plant assets to long-term liabilities ratio? 2.66 02.18 1.28 None of these answers are correct

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