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(6 points) Match the following: Current Ratio A. Total Liabilities divided by Total Assets _Debt Ratio B. Net Income divided by Net Sales _Profit Margin

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(6 points) Match the following: Current Ratio A. Total Liabilities divided by Total Assets _Debt Ratio B. Net Income divided by Net Sales _Profit Margin Ratio C. Current Assets divided by Current Liabilities NOTE: Place your answer in the blanks above. (10 points) Selected accounts from Jones Company's adjusted trial balance for the year ended December 31 follow. Prepare the liabilities section of its classified balance sheet. Notes payable (due in 5 years) Accounts Payable Bonds Payable (due in 10 years) Machinery Discount on Bonds Payable Wages Payable Interest Payable (due in 2 weeks) Sales Tax Payable $6,000 $1000 $20,000 $9,000 $800 $400 $200 $100 (5 Points) Bonus (Grades will not be reduced for an incorrect answer), List 3 of the Ratios used in Ratio Analysis and Reporting other than the those listed in the question above

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