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(Click the icon to view the accounts) Requirements 1. Prepare the company's classifed balance sheet at March 31, 2020. Show captions for total assets,

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(Click the icon to view the accounts) Requirements 1. Prepare the company's classifed balance sheet at March 31, 2020. Show captions for total assets, total abies, and lets and shareholders' equity 2. Evaluate Valley Haven's debt position as strong or weak, giving your mason Assess whether Valley Haver's ability to pay both sent and a dets improved or during 2020. In onder in comp and debt ratios at March 31, 2020, rounding to two decimal places. At March 31, 2018, the curent ratio was Uneamed service revenue Total current labies 2.700 20,000 Note payable, long lem 6.100 Totalbes 27,000 Shareholders' Equity Share capital Retained eaming Tetal shareholders' equity 10.850 41450 56.700 83,700 Total liabities and shareholders' equity Requirement 2. Evaluate Valley Haven's debt position as strong or weak, giving your reason Assess whether Valley Have's c Valley Haven's cument and debt ratios at March 31, 2000, munding to two decimal places. At March 31, 2013, the cument ratio w Compute Valley Haven's current ratio at March 31, 2020 20,000 Now calculate Valley Haven's debt ratio at March 31, 2020 27,000 Valley Haven Lad's debt position a Click to select your answers) and then click Check Anw Current ra

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