Question: Given the following Year 9 selected balance sheet data: $126,000 245,000 240,000 $485,000 $ 66,000 Assets Cash on Hand Total Current Assets Total Fixed Asset

Given the following Year 9 selected balance sheet
Given the following Year 9 selected balance sheet
Given the following Year 9 selected balance sheet data: $126,000 245,000 240,000 $485,000 $ 66,000 Assets Cash on Hand Total Current Assets Total Fixed Asset Investments Total Assets Liabilities and Shareholder Equity Accounts Payable Overdraft Loan Payable 1-Year Bank Loan Payable Current Portion of Long-Term Loans Total Current Liabilities Long-Term Bank Loans Total Liabilities Shareholder Equity: Common Stock (at a par value of $0.50 per share Additional Capital Retained Earnings Total Shareholder Equity Total Liabilities and Shareholder Equity 17,000 83,000 66,000 149,000 Year 9 Change Year 8 Balance 10,050 81,500 162,450 254,000 82,000 +82,000 10,050 81,500 244,450 336,000 $485,000 Based on the above figures and the definition of the debt:equity percentages (or debt%:equity%) presented in the Help section for p. 5 of the camera and Drone Journal, the company's debt:equity percentages (rounded to 2 decimal places) and its current ratio are 149,UUU Year 9 Change Tudi Llaunes Shareholder Equitv: Common Stock (at a par value of $0.50 per share Additional Capital Retained Earnings Total Shareholder Equity Total Liabilities and Shareholder Equity Year 8 Balance 10,050 81,500 162,450 254,000 82,000 +82,000 10.050 81,500 244,450 336,000 $485,000 Based on the above figures and the definition of the debt:equity percentages (or debt%:equity%) presented in the Help section for p. 5 of the camera and Drone Journal, the company's debt:equity percentages (rounded to 2 decimal places) and its current ratio are 38:62 and 3.12. 26:74 and 2.74. 29:71 and 2.48. 31:69 and 1.64. 31:69 and 2.95. JUUU6000000 so Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright 2020 by Glo-Bus Software, Inc.

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