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Jordan Inc has the following balance sheet and income statement data: S14,000 Accounts payable $42,000 28,000 $70,000 140,000 280,000 $490,000 Cash 70,000 Other current liabilities

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Jordan Inc has the following balance sheet and income statement data: S14,000 Accounts payable $42,000 28,000 $70,000 140,000 280,000 $490,000 Cash 70,000 Other current liabilities 280,000 Total CL $364,000 Long-term debt 26,000 Common cquity S490,000 Total liab. and equity $280,000 Receivables Inventories Total CA Net fixed assets Total assets Sales Net income 21,000

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