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On a separate sheet of paper or using a spreadsheet create a balance sheet for Tropical Aquaculture a farm for shrimp using the information below Calculate and analyze the quick debt and debt

On a separate sheet of paper, or using a spreadsheet, create a balance sheet for Tropical Aquaculture, a farm for shrimp, using the information below. Calculate and analyze the quick, debt, and debt-to-equity ratios. Cash  $ 45,000  Accounts receivable  $ 12,000  Shrimp feed  $ 8,400  Accounts payable  $ 9,700  Equipment  $ 75,000  Bank loan  $ 20,000  Property and ponds  $124,000 
 

May 01 2020 View more View Less

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