Undo Clipboard Font Alignment Merge & Center $ -% Number F46 fx = A Excel for Excel Excel Excel for Excel Excel Excel for the STUD CLOTHIERS Balance Sheet 20XX Assets Liabilities and Equity Cash $60,000 Accounts payable $2,20,000 Accounts receivable Inventory Plant and equipment 2,40,000 Accrued taxes 30,000 3,50,000 Bonds payable (long term) 1,50,000 4,10,000 Common stock 80,000 Paid-in-capital 2,00,000 Retail earnings 3,80,000 $10,60,000 Total liabilities and equity $10,60,000 Total assets Compute the following ratios: a. Current ratio. b. Quick ratio. c. Debt-to-total-assets ratio