SET D

Assets Liabilities and Shareholder’s Equity

Current asset Current liabilities
Cash Accounts Payables
Accounts receivables
Inventory Total current liabilities
Total current assets Long-term Debt 128,000

Non-current assets Total Liabilities

Fixed assets Shareholder’s Equity

Total assets Total Liabilities and Shareholder’s Equity

Ratios:
Current ratio 1.5 Profit 980,000
Debt ratio 0.49
Total asset turnover 1.25