Massa Company, which has been operating for three years, provides marketing consulting services worldwide for dot-com companies. You are a financial analyst assigned to report on the Massa management team's effectiveness at managing its assets efficiently. At the start of 2015 (its fourth year), Massa's T-account balances were as follows. Dollars are in thousands Assets Cash Accounts Receivable Long-Term Investments 3,900 8,500 7,000 Liabilities Accounts Payable Unearned Revenue Long-Term Notes Payable 1,600 2,000 4,800 Stockholders' Equity Common Stock ($.10 par value) Additional Paid-in Capital Retained Earnings 7,200 570 3,230 Revenues Consulting Fee Revenue Investment Income Expenses Wages Expense Travel Expense Utilities Expense Rent Expense