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The following data are adapted from the financial statements of Vaughn's Shops, Inc.: (Click the icon to view the data.) Prepare Vaughn's condensed balance sheet
The following data are adapted from the financial statements of Vaughn's Shops, Inc.: (Click the icon to view the data.) Prepare Vaughn's condensed balance sheet as of December 31, 2018. (Round your answers to the nearest whole dollar.) Vaughn's Shops, Inc. Balance Sheet December 31, 2018 Assets Total Current Assets 1216000 i Data Table - Plant Assets Less: Accumulated Depreciation $ Total Assets 1,216,000 Total Current Assets Accumulated Depreciation Total Liabilities Liabilities 1,800,000 1,188,000 Total Current Liabilities Preferred Stock 0 Long-term Liabilities Total Liabilities Debt Ratio 54% Current Ratio 1.60 Stockholders' Equity Stockholders' Equity Print Done Total Liabilities and Stockholders' Equity
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