Example Company Balance Sheet December 31, 2012 LIABILITIES ASSETS Current asset Petty cash Temporary investments Accounts receivabinet inventory Supplies Prepaid insurance Total current asset 2,100 100 10,000 40,500 31,000 3.000 1,500 0.000 Current liabilities Notas payable Accounts payable Wages payable Interest payable Taxes payable Warranty liability Uneamed revenues Total current is $ 5,000 35.000 8,500 2.000 0,100 1.100 1.500 81.000 investments 30 000 Long-term liabilities Notes payable Bonds payable Total long-term liabilities 20.000 400 000 420 000 Property, plant & equipment Land Land improvements Buildings Equipment Les com depreciation Prop. plant & up.net 5.500 8.500 180.000 201 000 56 000) 3.000 40 000 Intangible assets STOCKHOLDERS' EQUITY Trade names 105,000 200.000 305.000 Coronto Retained ning Le Tour stock Total scheiden quity 110,000 229 000 60.000 29.000 3.000 20.000 Total tias & stockholders equity S og Towale balance she have been omitted compute the following ratios (4pts): 1. Current Ratio: 2. Quick ratio: 3. Debt ratio: 4. Debt to Net worth Ratio: Interpret this company's performance based on the sample Commy Balane Decem, A According to the balance sheet above, please w compute the following ratios (4pts): 1. Current Ratio: 2. Quick ratio: 3. Debt ratio: 4. Debt to Net worth Ratio: Interpret this company's performance based on the four financial ratios above (hint: use the Rule of thumb that we learned in Chapter 11) (4pts): HTML