not use ai please RIVERBED COMPANYBalance SheetDecember 31, 2025Cash$39,800Accounts payable$80,000Receivables73,800Mortgage payable132,950Inventory108.000Common stock ($1 par)149,700Plant assets (net)204,300Retained earnings63,250$425,900$425,900The net income for 2025 was $21,295. Assume that total assets are the same in 2024 and 2025.Compute each of the following ratios. (Round answers to 2 decimal places, e.g. 1.59 or 45.87%.)(a)Current ratio(b) Acid-test ratio(c)Debt to assets ratio(d)Return on assets1.04%%do

Step 1: Current ratio Current assets = Cash + Receivables + InventoryCurrent assets = $39,800 +…

Answered: RIVERBED COMPANY Balance Sheet December…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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