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6. (18 points total) Now that you are an expert on balance sheets ratio analysis, use your knowledge to complete the following abbreviated balance sheet.

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6. (18 points total) Now that you are an expert on balance sheets ratio analysis, use your knowledge to complete the following abbreviated balance sheet. You will have to work through the balance sheet puzzle to solve for the missing categories - all the needed information is provided. MUST SHOW ALL WORK (no work, no credit). Assets Current assets $2,000,000 Intermediate assets $4,800,000 Fixed assets (b) Liabilities Current liabilities (a) Intermediate liabilities $4,800,000 Long-term liabilities (c) Total liabilities (d) Net worth (e) Total liabilities + net worth $18,800,000 Total assets (f) The debt to asset ratio = 0.5 The current ratio = 2.0 The debt te equity ratio = 1.0 . a. Current liabilities: b. Fixed assets: c. Long-term liabilities: d. Total liabilities: e. Net worth: f. Total assets

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