The question is asking to make a balance sheet from the following information. What is the net working capital and debt ratio. I want to make sure I…

The question is asking to make a balance sheet from the following information. What is the net working capital and debt ratio. I want to make sure I am doing this correctly so far. But I am getting stuck. Also do I need to make two different balance sheets?

Here is what is given:

Cash 50,000

Accounts receivable 42,700

Accounts Payable 23,000

Short-term notes payable 10,500

Inventories 40,000

Gross fixed assets 1,280,000

Other current assets 5,000

Long term debt 200,000

Common Stock 490,000

Other assets 15,000

Accumulated depreciation 312,000

Retained earnings ?

Here is what I have so far:

Cash 50,000 100%

Accounts Receivables 42,700 3.8%

Inventories 40,000 3.6%

This is all I have so far but I do not know what to do next and I am confused.

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