The simplified balance sheet for the French manufacturer Rensselaer Felt is as follows:

Cash and marketable securities C 2,300 Short-term debt C 76,400 Accounts receivable 120, 800 Accounts payable 62,800 Inventory 125, 800 Current liabilities C 139, 200 Current assets C 248,900 Property, plant, and equipment 212,800 Long-term debt 209, 400 Deferred taxes 45,800 Other assets 88, 200 Shareholders' equity 247, 100 Total C 595, 700 Total C 595, 700