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YH 0.16 2-12 Using ratios to reconstruct a balance sheet Walsham Mills's balance sheet appears as follows (amounts in thousanda): Learning Objective 4 for Shine's

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YH 0.16 2-12 Using ratios to reconstruct a balance sheet Walsham Mills's balance sheet appears as follows (amounts in thousanda): Learning Objective 4 for Shine's WALSHAM MILLS Balance Sheet December 31, 2016 ng. Assets Liabilities Cash 60 Total Curent Liablities 5 1,800 Accounts Receivables (e) a) Long-term Note Payable Other Long-term Liabilities Merchandise inventory 725 770 Prepaid Expenses (b) Total Liabilities Total Current Assets (c) Plant Assets, Net (d) Stockholders' Equity 2,675 Other Assets 2,000 Stockholders' Equity (g) $6,500 Total Liabilities and Stockholders' Equity Total Assets complete Walsham Mills's balance sheet. to Use the following ratio data Current ratio is 0.86 a. Learning Object b. Acid-test ratio is 0.40

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