The following data (dollar amounts in thousands) are from the financial statements of
Joachim's Equipment Manufacturing Ltd.
Total liabilities ...........................................................................$29,204
Preferred shares ....................................................................................0
Total current assets ....................................................................$24,498
Accumulated amortization .........................................................$ 7,854
Debt ratio ....................................................................................55.312%
Current ratio .................................................................................1.75:1
Required
Complete the following condensed balance sheet. Report amounts to the nearest thousand dollars:
Current assets.............................................................................$?
Property, plant, and equipment .................................................$?
Less accumulated amortization ................................................? ?
Total assets ................................................................................$?
Current liabilities ......................................................................$?
Long-term liabilities ...................................................................?
Shareholders'equity ....................................................................?
Total liabilities and shareholders' equity .................................$?