The current asset section of the Excalibur Tire Company’s balance sheet consists of cash, marketable securities, accounts receivable, and inventory. The December 31, 2021, balance sheet revealed the following:           Inventory $ 840,000   Total assets $ 2,800,000   Current ratio   2.25   Acid-test ratio   1.2   Debt to equity ratio   1.8     Required: Determine the following 2021 balance sheet items:   1.Current assets 2.Shareholders' equity 3.Long-term assets

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Q: 123,200  49,000      Inventory 112,500  57,900

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.