Question: (Learning Objective 4: Using ratio data to reconstruct a balance sheet) A skeleton of Athol Country Florists balance sheet appears as follows (amounts in thousands):

(Learning Objective 4: Using ratio data to reconstruct a balance sheet) A skeleton of Athol Country Florist’s balance sheet appears as follows (amounts in thousands):

Use the following ratio data to complete Athol Country Florist’s balance sheet:

a. Debt ratio is 0.50.

c. Acid-test ratio is 0.40.

b. Current ratio is 1.30.

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