Question: I need help with number 3 please. 10.00 points The 2016 balance sheet for Hallbrook Industries, Inc., is shown below. INC. Balance Sheet December 31,
10.00 points The 2016 balance sheet for Hallbrook Industries, Inc., is shown below. INC. Balance Sheet December 31, 2016 in 000s) 230 Short-term investments Accounts receivable 180 Property, plant, and equipment (net) 1,300 $2,300 Liabilities and Shareholders' Equity Current Long-term liabilities 430 Paid-in capital Total liabilities and shareholders' equity $2,300 The company's 2016 income statement reported the following amounts (S in 000s): Net sales Income tax expense 130 Calculate the aument ratio. (Round your answer to 2 decimal places) 233 ezto.mheduca
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