Question

The following data (dollar amounts in millions) are taken from the financial statements of Number 1 Industries, Inc.:
Total liabilities................................. $12,500
Total current assets.......................... $13,500
Accumulated depreciation................$ 1,600
Debt ratio......................................... 50%
Current ratio.................................... 1.50

Requirement
1. Complete the following condensed balance sheet. Report amounts to the nearest milliondollars.


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  • CreatedJuly 25, 2014
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