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Name: Twin Pines Farm 1/01/2020 12/31/2020 Ending Beginning Average Assets Current assets Fixed assets $600,000 $2,000,000 $540,000 $2,100,000 $570,000 $2,050,000 Total farm assets $2,600,000 $2,640,000

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Name: Twin Pines Farm 1/01/2020 12/31/2020 Ending Beginning Average Assets Current assets Fixed assets $600,000 $2,000,000 $540,000 $2,100,000 $570,000 $2,050,000 Total farm assets $2,600,000 $2,640,000 [Q30] Liabilities Current liabilities Fixed liabilities $250,000 $395,000 $200,000 $385,000 $225,000 $390,000 Total liabilities $645,000 $585,000 $615,000 Net Worth $1,955,000 $2,055,000 [Q31] Value (3 pts) Score (W, F, S) (1 pt) [Q33] [Q35] Current ratio, beginning Debt-to-asset ratio, beginning Equity-to-asset ratio, beginning Debt-to-equity ratio, beginning [Q32] [Q34] [Q36] [Q37] [038] [Q391

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