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Question 6, S12-12 (similar to) A skeleton of Krandell Corporation's balance sheet appears as follows (amounts in thousands): Click the icon to view the
Question 6, S12-12 (similar to) A skeleton of Krandell Corporation's balance sheet appears as follows (amounts in thousands): Click the icon to view the data.) HW Score: 64.06%, 25.62 of 40 points Points: 1 of 3 Save Use the following ratio data to complete Krandell's balance sheet: a. The debt ratio was 0.56. b. C. The current ratio was 1.40. The quick (acid-test) ratio was 0600 Balance Sheet $ 245 Total current liabilities $ 1,900 Long-term debt Cash Receivables Inventories Prepaid expenses Total current assets Plant assets, net Other assets Total assets 1,362 Other long-term liabilities 880 Common stock 195 2,000 Retained earnings 2,621 $ 6,400 Total liabilities and equity
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