Presented below are a number of balance sheet items for Tamarisk, Inc. for the current year, 2020. Goodwill Payroll Taxes Payable Bonds payable Discount on bonds payable Cash Land Notes receivable Notes payable (to banks) Accounts payable Retained earnings Income taxes receivable Notes payable (long-term) $ 128,190 Accumulated Depreciation-Equipment Inventory 303,190 Rent payable (short-term) Income taxes payable Rent payable (long-term) Common stock, $1 par value Preferred stock, $10 par value Prepaid expenses Equipment Debt investments (trading) Accumulated Depreciation-Buildings Buildings 180,781 15,170 363,190 483,190 448,890 268,190 493,190 ? 100,820 1,603,190 $ 292,170 242,990 48,190 101,552 483,190 203,190 153,190 91,110 1,473,190 124,190 270,370 1,643,190 Prepare a classified balance sheet in good form. Common stock authorized was 400,000 shares, and preferred stock authorized was 20,000 shares. Assume that notes receivable and notes payable are short-term, unless stated otherwise. Cost and fair value of debt investments (trading) are the same. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment.)

The balance sheets for Mary Company showed the following information. Additional information concerning transactions and events during 2021 are presented below. Mary CompanyBalance Sheet     December 31     2021     2020   Cash   $ 31,209     $ 10,302   Accounts receivable (net)   43,733     20,503   Inventory   35,350     42,420   Long-term investments   0     15,150   Property, plant & equipment   238,865     151,500   Accumulated depreciation   (38,077)   (25,250)     $311,080     $214,625                 Accounts payable   $ 17,170     $ 26,765   Accrued liabilities   21,210     17,170   Long-term notes payable   70,700     50,500   Common stock   131,300     90,900   Retained earnings   70,700     29,290       $311,080     $214,625     Additional data: 1.   Net income for the year 2021, $61,610. 2.   Depreciation on plant assets for the year, $12,827. 3.   Sold the long-term…

Diligent Company reported the following account balances on December 31, 2020: Accounts payable - 1,900,000; Bonds payable - 3,400,000; Discount on bonds payable - 200,000; Share dividend payable - 500,000; Withholding taxes payable - 900,000. On December 31, 2000, what total amount should be reported as current liabilities?

Based on the following information as of December 31,2020, compute the company’s debt-equity ratio. Assume current liabilities are all interest-bearing. Round to nearest two decimal places. Current assets: 15 Non-current assets: 12 Current Liabilities: 22 Non-current Liabilities: 4 Debt to Equity Ratio = ?