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A skeleton of Kneedell Country Florist Limited's balances sheet appears as follows (amounts in thousands) E (Click the icon to view the balance sheet.) Use
A skeleton of Kneedell Country Florist Limited's balances sheet appears as follows (amounts in thousands) E (Click the icon to view the balance sheet.) Use the following ratio data to complete Kneedell Country Florist's balance sheet: a. Debt ratio is 0.55. b. Current ratio is 1.50 c. Acid-test ratio is 0.75 Data table Balance Sheet (Round to the nearest thousand.) $ 1,250 $ 310 Total current liabilities Cash (e) Kneedell Country Florist Limited Balance Sheet (in thousands) (a) Receivables Long-term debt Other long-term liabilities 860 $ 1,250 600 $ 310 Total current liabilities Inventories Cash (b) Prepaid expenses Receivables Long-term debt Other long-term liabilities 860 ( (C) Common shares 225 2,632 600 Total current assets Inventories Retained earnings Property, plant and equipment, net (d) 1,550 Prepaid expenses Total current assets 225 Total liabilities and Common shares Other assets $ (0) 2,632 $ 6,350 shareholders' equity Retained earnings Total assets Property, plant, and equipment 1,550 Total liabilities and Other assets $ 6,350 shareholders' equity Total assets Print Done Tim (Q) 6C Cloudy 3
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