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Selected financial information for Blossom Enterprises as at December 31, 2024, follows: Additional information: 1. All accounts have normal balances: 2. $19,400 of the mortgage
Selected financial information for Blossom Enterprises as at December 31, 2024, follows: Additional information: 1. All accounts have normal balances: 2. $19,400 of the mortgage payable will be paid before December 31,2025 . 3. The notes payable are payable on May 17.2025. Prepare a classified balance sheet. (List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land and Calculate working capital, the current ratio, and the acid-test ratio. (Round current ratio and ocld-test ratio answers to 2 decimal ploces, eg. 1.75:1. Enter negotive amounts using either a negative sign preceding the number eg. -45 or porentheses eg. (45)) Working capital Current ratio Acid test ratio :1 1 eTextbook and Media Identify the companys liquidity. The compary's liquidity is
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