[dianalouderback]

Inventories 840,000
Total assets 2,800,000
Current ratio 2.25
Acid-test ratio 1.2
Debt to equity ratio 1.8

Determine the following 2013 balance sheet items

Current assets
Shareholder's equity 1,000,000 I got this one
Noncurrent assets
Long-term liabilities.

I don't understand how to back into the numbers and the post before this didn't help could you please clarify

[paraclete]

the current ratio is the relationship between current assets and current liabilities

You know the value of inventory so therefore you know the value of liquid assets

The acid test ratio is the relationship between liquid assets and current laibilities

If you know the value of total assets and current assets you can calculate the value of non current assets

The debt to equity ratio is the relationship of total liabilities to equity as you have already calculated the value of current liabilities you can now calculate the value of long term liabilities

If you know the value of equity and the value of total assets then you can calculate the value of total liabilities