ACME Widgets Unlimited 200X BALANCE SHEET ($ in millions) Assets Current Assets Cash Accounts Receivable Inventory Total

Current Assets Fixed Assets Net Plant & Equipment 480 929 850 974 2753 Long-Term Liabilities Long-Term Debt Owners' Equity Common Stock & Paid-In Surplus Retained Earnings Total Equity 1,314 438 1752 715 Liabilities & Equity Current Liabilities Accounts Payable Notes Payable Total Current Liabilities 156 610 766

TOTAL ASSETS Short-Term Solvency

3233

TOTAL LIABILITIES & EQUITY Long-Term Solvency (Leverage)

3233

3.59 2.32 1.21 0.61

0.46 0.85 1.85 0.29