Question: On a separate sheet of paper, or using a spreadsheet, create a balance sheet for Tropical Aquaculture, a farm for shrimp, using the information below.

On a separate sheet of paper, or using a spreadsheet, create a balance sheet for Tropical Aquaculture, a farm for shrimp, using the information below. Calculate and analyze the quick, debt, and debt-to-equity ratios. Cash $ 45,000 Accounts receivable $ 12,000 Shrimp feed $ 8,400 Accounts payable $ 9,700 Equipment $ 75,000 Bank loan $ 20,000 Property and ponds $124,000

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