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Below are the balance sheets for companies X and Y. ($ thousands) ASSETS Cash, cash equivalents, marketable securities 1,800 3,000 Accounts receivable 700 1,100 Inventory
Below are the balance sheets for companies X and Y. ($ thousands) ASSETS Cash, cash equivalents, marketable securities 1,800 3,000 Accounts receivable 700 1,100 Inventory 200 800 Total current assets 2,700 4,900 Property, plant, and equipment, net 1,780 6,050 Total assets 4,480 10,950 LIABILITIES AND EQUITY Accounts payable 600 1,800 Total current liabilities 600 1,800 Long-term bonds payable 1,000 7,000 Total liabilities 1,600 8,800 Total shareholders' equity 2,880 2,150 Total liabilities and shareholders' equity 4,480 10,950 Present the balance sheets in vertical common size form. TT T Arial 3 (12pt) T. E.S.O's
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