$1)$ Create a balance sheet for a company of your choosing.

$2)$ Your balance sheet must contain the following:

$($a$)5$ current assets

$($b$)4$ fixed assets

$($c$)3$ current liabilities

$($d$)2$ non$-$current liabilities.

$3)$ Your balance sheet must also contain a minimum of $1$ marketable security.

$4)$ Create a current ratio, quick ratio, and debt ratio for your balance sheet.

$5)$ Based on the output of ratios, explain if they are positive or negative ratios for your company. If they are positive explain why. If they are negative explain how you will fix them.

Answer rating: 100% (QA)

1 Balance Sheet for Company XYZ Assets Current Assets 1 Cash and Cash Equivalents 100000 2 Accounts ... View the full answer