Question: Arrange the provided data in the table below for the ABC company in a balance sheet and: a) Using the Industry average; Current Ratio of

Arrange the provided data in the table below for the ABC company in a balance sheet and: a) Using the Industry average; Current Ratio of 2 and Debt to Equity Ratio of 85% evaluate and comment on the performance of the ABC company b) Calculate the Net Tangible Assets Short-term investments $43,000 Preferred stock Other stockholder equity $2,141,000 Short/current long-term debt $18,000 Deferred long-term liability charges $300,000 Long term investments $43.000 Inventory $897,000 Treasury stock $1,790,000 Long-term debt $4,072,000 Goodwill $3,637,000 Net receivables $1,100,000 Deferred long-term assets charges Intangible assets $1,461,000 Other liabilities $1574.000 Retained earnings $4836.000 Cash and cash equivalents $255,000 Capital surplus S438,000 Other assets $351 000 Accumulated amortization Property plant and equipment $2.933.000 Other current liabilities $1,012.000 Account payable $2 522.000 Common stock S105.000 Other current assets $226,000
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