Question: QUESTION 3 A partial balance sheet for Captain D's Sportswear is shown below. dollars in thousands) Liabilities: $60 Accounts payable 170 Other liabilities Assets: Cash

QUESTION 3 A partial balance sheet for Captain D's Sportswear is shown below. dollars in thousands) Liabilities: $60 Accounts payable 170 Other liabilities Assets: Cash Accounts receivable $240 80 (net) Investments nventory Prepaid rent 50 Total current liabilities 320 110 430 200 Long-term liabilities 25 Total liabilities Total current assets 505 Stockholders' equity: Property & 255 Common stock 150 Equipment, (net) Retained earnings Total stockholders $760 Total liabilities and The acid-test ratio is (rounded to two decimal places) 330 UI Total assets 760 equity 0.25. O0.88. 1.58

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