Example Corporation Balance Sheet December 31, 2020 LIABILITIES ASSETS $ $ Current assets Cash and cash oqulvalents Short-term investments Accounts receivable - net Other receivables Inventory Supplies Prepaid expenses Total current assets 2.200 10.000 39.500 1.000 31.000 3,800 1.500 89.000 Current liabilities Short-term loans payablo Current portion of long-term dobt Accounts payable Accrued compensation and benefits Income taxes payablo Other accrued liabilities Deferred revenues Total current liabilities 5,000 15.000 20.900 8.800 6,100 4.000 1.500 e 1.000 Investments 36.000 Property, plant & equipment - net Land Land improvements Buildings Equipment Less: accumulated depreciation Property, plant & equipment - net Long-term liabilities Notes payable Bonds payable Deferred Income taxes Total long-term liabilities 5.500 6.500 180.000 201.000 (56.000) 337 000 20.000 375.000 25.000 420.000 Total liabilities 481.000 Commitments and contingencies (see notes) Intangible assets Goodwill Other intangible assets Total intangible assets STOCKHOLDERS' EQUITY 105.000 200.000 305,000 Other assets 3 000 Common stock Retained earnings Accum other comprehensive income Less Treasury stock Total stockholders' equity Total liabilities & stockholders equity 110.000 220.000 9 000 (50.000) 289.000 5 770 000 Total assets 5770.000 The accompanying to an gral part of the water From the above the balance sheet calculate 11. Current Ratio. 2. Debt-to-asset ratio. 3. Debt to Equity Ratio. 4. Quick Ratio