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Assets Liabilities & Stockholder's Equity Cash ? Accounts payable 300,000 Accounts receivable 80,000 Short-term debt 100,000 Inventory ? Long-term debt -? Fixed assets ? Equity

Assets Liabilities & Stockholder's Equity

Cash ? Accounts payable 300,000

Accounts receivable 80,000 Short-term debt 100,000

Inventory ? Long-term debt -?

Fixed assets ? Equity ?

Total Assets ? Total Liabilities & Shareholder's Equity 1,000,000

The net working capital is P200,000; the quick ratio is 1.0; and the debt-to-equity ratio is 2.5.

Fill in the missing figures in statement of financial position.

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