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Kids R Kids Company
Selected data from the comparative financial statements are provided below:
-Refer to Kids R Kids Company.
A)The total liabilities at December 31, 2020, are (in thousands):
B)The debt-to-equity ratio at December 31, 2020, is:
Work in Process Inventory
Goods and materials that are in the process of being manufactured but are not yet finished products.
Custom-made Furniture
Furniture specifically designed and built to meet the unique requirements and preferences of an individual customer.
Training Films
Educational movies or videos designed to improve knowledge and skills in a specific area.
Finished Goods Inventory
Products that have completed the manufacturing process and are ready for sale, representing a component of a company's current assets.
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