Balance Sheet:Assets and Liabilities: what were total current assets?

 Balance Sheet

Create a balance sheet of your own business and Respond to one or more question(s) from each of the three categories below.
Category: Assets and Liabilities

1.  What were total current assets?

2.  What were total current liabilities?

3.  What was total assets and total stockholder’s equity (deficit)?

Category: Analysis

1.  Calculate the following ratios for the most recent year, and interpret/comment on what those results of your ratio analysis indicate about the financial aspect measured. Show your calculations.

a.  Current ratio

b.  Quick ratio

c.  Debt to assets