A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Liabilities: Cash $ 65 Accounts payable $ 243 Accounts receivable (net) 171 Other liabilities 84 Investments 58 Total current liabilities 327 Inventory 202 Long-term liabilities 117 Prepaid rent 27 Total liabilities 444 Total current assets 523 Stockholders' equity: Property & Equipment, (net) 264 Common stock 152 Retained earnings 191 Total stockholders’ equity 343 Total assets $ 787 Total liabilities and equity $ 787 The current ratio is: (Round your answer to 2 decimal places.) Multiple Choice 0.66. 1.60. 2.59. 1.18.

A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Liabilities: Cash $ 65 Accounts payable $ 243 Accounts receivable (net) 171 Other liabilities 84 Investments 58 Total current liabilities 327 Inventory 202 Long-term liabilities 117 Prepaid rent 27 Total liabilities 444 Total current assets 523 Stockholders' equity: Property & Equipment, (net) 264 Common stock 152 Retained earnings 191 Total stockholders’ equity 343 Total assets $ 787 Total liabilities and equity $ 787 The current ratio is: (Round your answer to 2 decimal places.) Multiple Choice 0.66. 1.60. 2.59. 1.18.

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Description: A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Liabilities: Cash$65 Accounts payable$243 Accounts receivable (net) 171 Other liabilities 84 Investments 58 Total current liabilities 327 Inventory

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter1: Asset, Liability, Owner’s Equity, Revenue, And Expense Accounts

Section: Chapter Questions

Problem 2E: Determine the following amounts: a. The amount of the liabilities of a business that has 60,800 in...

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A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Liabilities: Cash $68 Accounts payable $250 Accounts receivable (net) 180 Other liabilities 83 Investments 56 Total current liabilities 333 Inventory 208 Long-term liabilities 115 Prepaid rent 32 Total liabilities 448 Total current assets 544 Stockholders' equity: Property & Equipment, (net) 262 Common stock 158 Retained earnings 200 Total stockholders’ equity 358 Total assets $806 Total liabilities and equity $806 The current ratio is: (Round your answer to 2 decimal places.) Multiple Choice 1.63. 1.21. 2.62. 0.67.
A partial balance sheet for Captain D's Sportswear is shown below.(dollars in thousands) Assets: Liabilities: Cash $65 Accounts payable $247 Accounts receivable (net) 173 Other liabilities 87 Investments 59 Total current liabilities 334 Inventory 207 Long-term liabilities 117 Prepaid rent 27 Total liabilities 451 Total current assets 531 Stockholders' equity: Property & Equipment, (net) 257 Common stock 160 Retained earnings 177 Total stockholders’ equity 337 Total assets $788 Total liabilities and equity $788 The debt to equity ratio is: (Round your answer to 2 decimal places.) Multiple Choice 0.57. 1.34. 2.55. 0.99.
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bartleby, a Learneo, Inc. business

Assets:			Liabilities:
Cash	$	65	Accounts payable	$	243
Accounts receivable (net)		171	Other liabilities		84
Investments		58	Total current liabilities		327
Inventory		202	Long-term liabilities		117
Prepaid rent		27	Total liabilities		444
Total current assets		523	Stockholders' equity:
Property & Equipment, (net)		264	Common stock		152
			Retained earnings		191
			Total stockholders’ equity		343
Total assets	$	787	Total liabilities and equity	$	787