ASSETS Current assets Cash Petty cash Temporary investments Accounts receivable - net Inventory Supplies Prepaid insurance Total current assets Investments Property, plant & equipment: Land Land improvements Burrberry Company Balance Sheet December 31, 2017 $ LIABILITIES Current liabilities 2,100 Notes payable 100 Accounts payable 10,000 Wages payable 40,500 Interest payable $ 5,000 35,900 8,500 2,900 31,000 Taxes payable 6,100 3,800 Warranty liability 1,100 1,500 Unearned revenues 1,500 89,000 Total current liabilities 61,000 36,000 Long-term liabilities Notes payable 20,000 Bonds payable 400,000 5,500 Total long-term liabilities 420,000 6,500 Buildings Equipment Less: accum depreciation 180,000 201000 Total liabilities 481,000 -56,000 Prop, plant & equip - net Intangible assets: Goodwill Trade names 337,000 STOCKHOLDERS' EQUITY 105,000 Common stock 110,000 200,000 Retained earnings 220,000 Total intangible assets 305,000 Accum other comprehensive income 9,000 Less: Treasury stock -50,000 Other assets Total assets The notes to the sample balance sheet have been omitted. 3,000 Total stockholders' equity 289,000 $770,000 Total liabilities & stockholders' equit $770,000 Calculate ratios for the company: a) liquidity b) Efficiency c) Solvency d) Profitability e) Market prospects