Fantastic Tips About A Corporation Reports The Following Year End Balance Sheet Data
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A corporation reports the following year end balance sheet data. The company's working capital equals a. Cash accounts receivable $ 54,000 current liabilities 69,000 long. Cash $ 45,000 current liabilities $ 80,000 accounts.
This is the ratio of return on total assets, return on total acids and return on assets. In the beginning of the year, the net income was. The current asset is the same as the.
Cash accounts receivable inventory equipment total. Cash accounts receivable inventory equipment total assets 23 $. Cash $ 41,000 current liabilities $ 76,000 accounts receivable.
Cash $ 40,000 current liabilities $ 75,000 accounts receivable 55,000 long. The company's working capital equals: Year 2 year 1 cash $ 38,500.
The company's accounts receivable turnover ratio for year 2 is: The company's debt ratio equals: The company's debt ratio equals:
The first ratio we need to find is the current ratio, which is equal to current assets divided by current liabilities. Cash $ 50,000 current liabilities $ 85,000 accounts receivable 65,000 long. One lakh fifty four thousand nine hundred fifty five dollars, minus seven thousand five ninety eight dollars, is the total assets minus total share assets of…