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The following data (dollar amounts in millions) are taken from the financial statements of Form 1 Industries Inc.: (Click the icon to view the
The following data (dollar amounts in millions) are taken from the financial statements of Form 1 Industries Inc.: (Click the icon to view the data.) Required Complete the following condensed balance sheet. Report amounts to the nearest million dollars. Current assets.. (Millions) 10600000 - Data table Property, plant, and equipment.. 1100000 Less: Accumulated depreciation Total assets .... Current liabilities. Long-term liabilities. Shareholders' equity. Total liabilities and shareholders' equity ... Total liabilities 12,000 Preferred shares. 0 Total current assets.. $ 10,600 Accumulated depreciation $ 1,100 Debt ratio...... 62% Current ratio 1.10 Print Done
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