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Ethan Allen Interiors, Inc. Trial Balance At September 30, 2011 (in thousands of dollars) Debit Credit Cash and cash equivalents $ 75,359 Short-term investments 15,889

Ethan Allen Interiors, Inc.

Trial Balance

At September 30, 2011

(in thousands of dollars)

Debit

Credit

Cash and cash equivalents

$ 75,359

Short-term investments

15,889

Accounts receivable

15,036

Inventories

141,692

Prepaid expenses and other current assets

20,372

Property, plant, and equipment

302,063

Intangibles

48,528

Other assets

19,506

Accounts payable

$ 26,958

Accrued expenses payable

127,639

Long-term debt (current portion, $19)

174,432

Other long-term liabilities

27,009

Common stock

500

Additional paid-in capital

360,732

Retained earnings

501,608

Other stockholders equity items

580,433

Totals

$1,218,878

$1,218,878

Required:

Prepare a classified balance sheet

Calculate current ratio

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