can you also explain pls?

Hamilton Mills Balance Sheet Assets Cash $ December 31, 2024 (in thousands) Liabilities 55 Total Current Liabilities Long-term Note Payable 650 Other Long-term Liabilities Total Liabilities $ 2,100 700 Accounts Receivables Merchandise Inventory Prepaid Expenses Total Current Assets Plant Assets, Net Other Assets Total Assets Stockholders' Equity 2,275 Stockholders' Equity 7,500 Total Liabilities and Stockholders' Equity 2,390 $ Use the following ratio data to complete Hamilton Mills' balance sheet. a. Current ratio is 0.84. b. Acid-test ratio is 0.42. (Enter amounts in thousands as provided in the problem statement.) e Balance Sheets X Hamilton Mills Assets Balance Sheet December 31, 2024 Liabilities 55 Total Current Liabilities (a) Long-term Note Payable Cash $ $ 2.100 Accounts Receivables (e) 700 650 Other Long-term Liabilities Merchandise Inventory Prepaid Expenses Total Current Assets (b) Total Liabilities Plant Assets, Net (c) (d) 2,275 Stockholders' Equity Other Assets Stockholders' Equity 2,390 Total Assets $ 7,500 Total Liabilities and Stockholders' Equity $ (g)