1/Janson Corporation Co.'s trial balance included the following account balances at December 31, 2018:
|Bond payable, due 2027||24,000|
|Note payable, due 2019||20,300|
|Note payable, due 2023||41,200|
What amount should be included in the current liabilities section of Janson's December 31, 2018, balance sheet?
2/ anson Corporation Co.'s trial balance included the following account balances at December 31, 2018:
|Note receivable, due 2021||51,400|
Investments consist of treasury bills that were purchased in November, 2018 and mature in January, 2019. Prepaid insurance is for two years. What amount should be included in the current asset section of Janson’s December 31, 2018, balance sheet?
3/ The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below.
|Assets||Liabilities and Equity|
|Current assets:||Current liabilities:|
|Accounts receivable (net)||174||Other liabilities||61|
|Notes receivable||63||Total current liabilities||285|
|Prepaid expenses||32||Total liabilities||384|
|Total current assets||540||Shareholders' equity:|
|Plant assets (net)||268||Capital stock||141|
|Total shareholders' equity||424|
|Total assets||$||808||Total liabilities and equity||$||808|
The acid-test ratio is (Round your answer to two decimal places.):