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es The current asset section of the Excalibur Tire Company's balance sheet consists of cash, marketable securities, accounts receivable. and inventory. The balance sheet

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es The current asset section of the Excalibur Tire Company's balance sheet consists of cash, marketable securities, accounts receivable. and inventory. The balance sheet revealed the following: Inventory Total assets Current ratio Acid-test ratio Debt to equity ratio $910,000 $ 2,500,000 2.50 1.20 1.5 Required: Determine the following balance sheet items: 1. Current assets 2. Shareholders' equity 3. Long-term assets 4. Long-term liabilities

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