The following data (dollar amounts in millions) are taken from the financial statements of Tier Industries, Inc (Click the icon to view the data) Requirement 1. Complete the following condensed balance sheet Report amounts to the nearest million dollars Current assets Property, plant, and equipment Less Accumulated depreciation Total assets i Current abilities Long-term tablities Stockholders' equity Totai labeities and stockholders' equity Get more hein (In millions) C Data table Total liabilities Total current assets Accumulated depreciation Debt ratio Current ratio Print M $ 12.200 5 12,800 S 2,000 20% 1,60 Done X Clear all
The following data (dollar amounts in millions) are taken from the financial statements of Tier Industries, Inc (Click the icon to view the data) Requirement 1. Complete the following condensed balance sheet Report amounts to the nearest million dollars Current assets Property, plant, and equipment Less Accumulated depreciation Total assets i Current abilities Long-term tablities Stockholders' equity Totai labeities and stockholders' equity Get more hein (In millions) C Data table Total liabilities Total current assets Accumulated depreciation Debt ratio Current ratio Print M $ 12.200 5 12,800 S 2,000 20% 1,60 Done X Clear all
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:The following data (dollar amounts in millions) are taken from the financial statements of Tier Industries, Inc
(Click the icon to view the data)
Requirement
1. Complete the following condensed balance sheet Report amounts to the nearest million dollars
Current assets
Property, plant, and equipment
Less: Accumulated depreciation
Total assets i
Current abilities
Long-term liabilities
Stockholders' equity
Totai lablities and stockholders' equity
nori Get more hein.
(In millions)
CIC
Data table
Total liabilities
Total current assets
Accumulated depreciation
Debt ratio
Current ratio
Print
M
$ 12.200
5
12,800
5
2,000
20%
1,60
Done
X
Clear all
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