Question
The following data are adapted from the financial statements of Shops, Inc.: LOADING...(Click the icon to view the data.) Prepare condensed balance sheet as of
The following data are adapted from the financial statements of Shops, Inc.: LOADING...(Click the icon to view the data.) Prepare condensed balance sheet as of December 31, . (Round your answers to the nearest whole dollar.) Question content area bottom Part 1 Beth's Shops, Inc. Balance Sheet December 31, 2024 Assets Total Current Assets Plant Assets Less: Accumulated Depreciation Total Assets Liabilities Total Current Liabilities Long-term Liabilities Total Liabilities Stockholders' Equity Stockholders' Equity Total Liabilities and Stockholders' Equity
Total Current Assets
$1,050,000
Accumulated Depreciation
1,400,000
Total Liabilities
1,188,000
Preferred Stock
0
Debt Ratio
54%
Current Ratio
1.50
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