Question: Given the following Year 9 selected balance sheet data: Assets $136,000 255,000 230,000 $485,000 Cash on Hand Total Current Assets Total Fixed Asset Investments Total

Given the following Year 9 selected balance sheet data: Assets $136,000 255,000 230,000 $485,000 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 $66,000 0 10,000 27,000 103,000 56,000 159,000 Long-Term Bank Loans Total Liabilities Year 9 Year 8 Shareholder Equity: Balance 10,050 81,500 162,450 254,000 Change 0 Common Stock (at a par value of $0.50 per share Additional Capital Retained Earnings Total Shareholder Equity Total Liabilities and Shareholder Equity 10,050 81,500 209,450 301,000 $460,000 47,000 +47,000 Based on the above figures and the definition of the debtequity 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 35:65 and 1.83 29:71 and 3.26 53:47 and 2.48. 35:65 and 2.48 31:69 and 2.74
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