SUBMIT ANSWERS HERE: 2019 2018 (in thousands) 2019 2018 CURRENT RATIO QUICK RATIO PROFIT MARGIN RATIO DEBT TO ASSETS RATIO $ Studio Company LO Balance Sheets 11 June 30 12 13 Assets 14 Current assets 15 Cash 16 Short-term investments 17 Accounts receivalbe 18 Inventory 19 Prepaid expenses 20 Total current assets 1 Property, plant and equipment 22 Intangibles 23 Total assets 950.00 $ 11,000.00 $ 1,000.00 $ 900.00 800.00 650 900.00 1000 200.00 225 3850.00 13775.00 690.00 315 875.00 1000 $ 5,415.00 $ 15,090.00 24 25 Liabilities and Owners' Equity 26 Current liabilities 27 Long-term liabilities 28 Stockholders' equity 29 Total liabilities and SE $ 1,540.00 $ 11,300.00 2225.00 2000 1650.00 1790 $ 5,415.00 $ 15,090.00 (in thousands) 2019 2018 $ 11,000.00 $ 19,000.00 30 1 Studio Company 32 Income Statements 33 June 30 34 35 36 Sales revenue 37 Costs and expenses 38 Cost of goods sold 39 Selling and administrative expenses 10 Interest expense 11 Total costs and expenses 12 Income before income taxes 13 Income tax expense 14 Net income 15 16 17 -900 -5100 -10 7009 550 260 290.00 -840 -4950 -9 13201.00 610.00 230.00 380.00 $ $