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Question 6, S12-12 (similar to) A skeleton of Ashby Corporation's balance sheet appears as follows (amounts in thousands): BBB Click the icon to view

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Question 6, S12-12 (similar to) A skeleton of Ashby Corporation's balance sheet appears as follows (amounts in thousands): BBB Click the icon to view the data.) HW Score: 60.95%, 24.38 of 40 points O Points: 0 of 3 Save Use the following ratio data to complete Ashby's balance sheet: a. The debt ratio was 0.55. b. The current ratio was 1.40. C. The quick (acid-test) ratio was 0500 Cash Balance Sheet $ 255 Total current liabilities Long-term debt $ 1,850 Receivables Inventories Prepaid expenses Total current assets Plant assets, net Other assets Total assets 1,372 Other long-term liabilities Common stock 2,375 Retained earnings 6,600 Total liabilities and equity 900 175 2,795

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