Question

The following data (dollar amounts in millions) are adapted from the financial statements of Meadowview, Inc.
Total Current Assets........................................................... $30,000
Accumulated Depreciation ................................................ 5,000
Total Liabilities................................................................... 45,000
Debt Ratio.......................................................................... 60%
Current Ratio...................................................................... 1.5

Requirement
1. Complete the following condensed balance sheet. Report amounts rounded to
the nearest $1 million:


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  • CreatedApril 29, 2014
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