AccountingAccounts payable $18,200 Accounts receivable 8,500 Accumulated depreciation—equipment 5,300 Bonds payable 17,500 Cash 25,000 Common stock 26,800 Cost of goods sold 28,800 Depreciation expense 5,000 Dividends 5,900 Equipment 45,500 Interest expense 2,300 Patents 7,260 Retained earnings, January 1, 2022 19,300 Salaries and wages expense 6,100 Sales revenue 53,800 Supplies 6,5401. Find the Current ratio2. Debt to assets ratio enter debt to assets ratio in percentages rounded to 1 decimal place%3. Working capital $enter working capital in dollars 4. Earnings per share valueplzz help me in these ratios thnx

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Answered: Accounts payable $18,200 Accounts…

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

Accounts payable		$18,200
Accounts receivable		8,500
Accumulated depreciation—equipment		5,300
Bonds payable		17,500
Cash		25,000
Common stock		26,800
Cost of goods sold		28,800
Depreciation expense		5,000
Dividends		5,900
Equipment		45,500
Interest expense		2,300
Patents		7,260
Retained earnings, January 1, 2022		19,300
Salaries and wages expense		6,100
Sales revenue		53,800
Supplies		6,540

1. Find the Current ratio

2.	Debt to assets ratio	enter debt to assets ratio in percentages rounded to 1 decimal place	%
3.	Working capital	$enter working capital in dollars
4.	Earnings per share value