Excelsior Corporation reported the following status (in thousands of dollars) as of December 31, 2012: accounts payable of $150; accounts receivable of $250; cash of $150; inventory of $200; long-term debt of $260; net plant and equipment of $500; notes payable during 2013 or $250; and stockholders’ equity of $440

(a) Prepare a balance sheet as of 12/31/12, and

(b) calculate as many financial ratios as you can with the information provided.

Answer rating: 100% (QA)

a Balance sheet account receivable 250 Cash 150 inventory 200 total current asset 600 net plant an... View the full answer