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A skeleton of Kimball Country Florist Limited's balances sheet appears as follows (amounts in thousands) (Click the icon to view the balance sheet.) Use the
A skeleton of Kimball Country Florist Limited's balances sheet appears as follows (amounts in thousands) (Click the icon to view the balance sheet.) Use the following ratio data to complete Kimball Country Florist's balance sheet: a. Debt ratio is 0.57 b. Current ratio is 1.40 c. Acid-test ratio is 0.75 (Round to the nearest thousand.) Cash Kimball Country Florist Limited Balance Sheet (in thousands) 290 Total current liabilities Long-term debt 570 Other long-term liabilities Receivables 1,160 Inventories 860 Prepaid expenses Total current assets Common shares Property, plant, and equipment Retained earnings 185 2.541 Score: 0 of 10 points Data Table - X Balance Sheet Cash $ 1,160 Receivables Inventories 290 Total current liabilities (a) Long-term debt 570 Other long-term liabilities (b) (e) 860 Prepaid expenses Total current assets (c) Common shares Property, plant, and equipment, net Other assets Retained eamings (d) 1.250 185 2,541 Total liabilities and Total assets $ 6.340 shareholders' equity S (0) Print Done
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