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E13-13. Compute ratios. (LO 3, AP The condensed financial statements of Ness Company for the years 2016 and 2017 are presented below. NESS COMPANY Balance

E13-13. Compute ratios. (LO 3, AP The condensed financial statements of Ness Company for the years 2016 and 2017 are presented below. NESS COMPANY Balance Sheets December 31 (in thousands) 2017 2016 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses $ 330 360 470 400 460 390 130 160 1,390 1,310 410 380 10 Total current assets Property, plant, and equipment (net) Investments 10 fonchen h-2

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