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Balance Sheet - JR Wholesales, Inc. Item 2019 2020 Cash $154 $213 Total Assets $8,595 $14,591 Inventory $5,738 $8,424 Accounts Payable $643 $2,491 Other
Balance Sheet - JR Wholesales, Inc. Item 2019 2020 Cash $154 $213 Total Assets $8,595 $14,591 Inventory $5,738 $8,424 Accounts Payable $643 $2,491 Other Current Assets $406 $742 Current Assets $7,776 $11,009 Short term debt $1,955 $2,597 Current Liabilities $2,871 $5,982 Equipment, Real Estate $1,056 $3,043 Net Equipment, Real Estate $686 $2,428 Other Assets $133 $1,514 Long Term Debt $90 $480 Common Stock $14 $15 Retained Earnings $3,138 $4,456 Total Net Worth $5,634 $8,129 Accounts Receivable Unk Unk Other Current Liabilities Unk Unk Depreciation Unk Unk Total Liabilities Unk Unk Paid In Capital Unk Unk 1. Develop the actual balance sheet for Years 2019 and 2020 with entries in the correct order and solve for the unknown values, also for both years, then answer the following questions, providing values for both years. 2. What is working capital? 3. Debt Ratio? 4. Debt to Worth ratio? 5. Current Ratio? 6. Quick Ratio?
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