A skeleton of Pro Country Florist Limited's balances sheet appears as follows (amounts in thousands)...
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A skeleton of Pro Country Florist Limited's balances sheet appears as follows (amounts in thousands) (Click the icon to view the balance sheet.) Use the following ratio data to complete Pro Country Florist's balance sheet: a. Debt ratio is 0.53 b. Current ratio is 1.60. c. Acid-test ratio is 0.70. (Round to the nearest thousand.) Pro Country Florist Limited Balance Sheet (in thousands) $ Cash $ 330 $ 1,210 Receivables Inventones Total current liabilities Long-term debt Other long-term liabilities 630 860 Prepaid expenses Total current assets Common shares 185 2,804 Property, plant, and equipment Retained earnings Other assets 1,300 Total liabilities and $ Total assets 6,360 shareholders' equity Florist's balang Data Table - X Balance Sheet Cash $ $ 330 Total current liabilities 1,210 st Limited housands) (a) Receivables Inventories Long-term debt Other long-term liabilities (e) 860 al current liabilit 630 (b) g-term debt er long-term lie Prepaid expenses Total current assets (c) Common shares 185 Property, plant, and equipment net Retained earnings 2,804 (d) 1,300 nmon shares Other assets Total liabilities and ained earnings Total assets $ 6,360 shareholders' equity $ (0) al liabilities and shareholders' Print Done
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