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REM Industries gathered the following year-end data (in thousands) for 2020: Amount (in thousands) Cash $200 Accounts Receivable $100 Prepaid Insurance $ 45 Long-Term Assets
REM Industries gathered the following year-end data (in thousands) for 2020:
Amount (in thousands) | |
Cash | $200 |
Accounts Receivable | $100 |
Prepaid Insurance | $ 45 |
Long-Term Assets | $790 |
Accounts Payable | $280 |
Long-Term Liabilities | $410 |
Stockholders Equity | $4,445 |
Net Sales | $830 |
Gross Profit | $375 |
Net Income | #120 |
The current ratio at the end of 2020 is:
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