Calculate Select Ratios - Excel 4 FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Calibri 11 ' ' % Paste Clipboard BIU Alignment Number Formatting Conditional Format as Cell Table Styles Cells Editing EI Font G Styles A1 Sign In fx Condensed financial statements for Games Galore are summarized below: A B C 1 Condensed financial statements for Games Galore are summarized below: 2 3 Balance Sheet 4 Cash 5 Accounts Receivable, Net 6 Inventory 7 Prepaid Insurance 2016 2015 $ 185,000 $ 143,000 80,000 59,000 104,000 134,000 11,900 5,880 8 Total Current Assets 380,900 341,880 9 Property and Equipment, Net 10 Total Assets 11 12 Current Liabilities 13 Long-term Liabilities 514,500 407,000 $ 895,400 $ 748,880 $ 85,300 $ 96,800 284,000 224,000 14 Total Liabilities 369,300 320,800 15 Contributed Capital 299,000 299,000 16 Retained Earnings 227,100 129,080 17 Total Stockholders' Equity 526,100 428,080 18 Total Liabilities and Stockholders' Equity $ 895,400 $ 748,880 19 D