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The current asset section of the Excalibur Tire Company's balance sheet consists of cash, marketable securities, accounts receivable, and inventory. The balance sheet revealed the

The current asset section of the Excalibur Tire Company's balance sheet consists of cash, marketable securities, accounts receivable, and inventory. The balance sheet revealed the following: Inventory Total assets Current ratio Acid-test ratio Debt to equity ratio $ 910,000 $ 3,000,000 1. Current assets 2. Shareholders' equity 3. Long-term assets 4. Long-term liabilities 2.60 1.30 1.5 Required: Determine the following balance sheet items:
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The current asset section of the Excalibur Tire Company's balance sheet consists of cash, marketable securities, accounts receivable, and inventory. The balance sheet revealed the following: Required: Determine the following balance sheet items

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