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Question Help > A skeleton of Athol Corporation's balance sheet appears as follows (amounts in thousands): (Click the icon to view the data.) Use the
Question Help > A skeleton of Athol Corporation's balance sheet appears as follows (amounts in thousands): (Click the icon to view the data.) Use the following ratio data to complete Athol's balance sheet: a. The debt ratio was 0.51. b. The current ratio was 1.20. C. The quick (acid-test) ratio was 0.400. Balance Sheet Data Table - Cash $ 260 Total current liabilities $ 2,210 Receivables Long-term debt Inventories 1,380 Other long-term liabilities 920 Balance Sheet Prepaid expenses Cash $ 260 Total current liabilities $ 2,210 Total current assets Receivables (e) Plant assets, net Common stock 195 Inventories (a) Long-term debt 1,380 Other long-term liabilities (b) 920 Other assets 2,200 Retained earnings 3,088 $ Prepaid expenses 6,700 Total assets Total liabilities and equity Total current assets (c) Plant assets, net 195 Other assets (d) Common stock 2,200 Retained earnings 6,700 Total liabilities and equity 3,088 $ Total assets $ (f) Print Done
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