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The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below. Assets Current assets: Liabilities and Equity Accounts payable Other
The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below. Assets Current assets: Liabilities and Equity Accounts payable Other current liabilities. Total current liabilities. Long-term liabilities Current liabilities: Cash $ 79 Accounts receivable (net) Notes receivable 190 62 Inventory 209 Prepaid expenses 43 Total current assets 583 Equipment (net) 258. Total assets $841 Total liabilities Shareholders' equity: Common stock Retained earnings $ 230 65 295 91 386 143 312 455 Total liabilities and equity $ 841 Total shareholders' equity Working capital is: Multiple Choice $288 thousand. $583 thousand.
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