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Use the following balance sheet form to enter amounts you identify from the computations on the Liquidity and Solvency Measures panel. You will identify other

Use the following balance sheet form to enter amounts you identify from the computations on the Liquidity and Solvency Measures panel. You will identify other amounts for the balance sheet on the Profitability Measures panel. If you have a choice of two amounts, assume the first amount in the ratio is for the end of the year. Compute any missing amounts.

Balance Sheet

December 31, 20Y6

1

Assets

2

Current assets:

3

Cash

$823,000.00

4

Marketable securities

5

Accounts receivable (net)

6

Inventory

7

Prepaid expenses

8

Total current assets

9

Long-term investments

10

Property, plant, and equipment (net)

11

Total assets

12

Liabilities

13

Current liabilities

14

Long-term liabilities

15

Total liabilities

16

Stockholders Equity

17

Preferred stock, $10 par

18

Common stock, $5 par

19

Retained earnings

20

Total stockholders equity

21

Total liabilities and stockholders equity

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