Alfa Srl is a company with the following Balance Sheet at 31/12/2019 (data expressed in Euro). ASSETS 2019 600.000 LIABILITIES 2019 Capital stock Retained earnings Net income TFR fund Credit risk fund Land Intangible assets Fixed assets 340.000 300.000 550.000 300.000 500.000 Raw materials Inventories 45.000 315.000 850.000 200.000 200.000 350.000 Short-term bank debt Accounts receivables Current liabilities 650.000 Cash 900.000 Total liabilities 3.050.000 3.050.000 Total assets Based on this Balance Sheet, calculate and comment current ratio, Acid Test, debt'equity Ratio
Alfa Srl is a company with the following Balance Sheet at 31/12/2019 (data expressed in Euro). ASSETS 2019 600.000 LIABILITIES 2019 Capital stock Retained earnings Net income TFR fund Credit risk fund Land Intangible assets Fixed assets 340.000 300.000 550.000 300.000 500.000 Raw materials Inventories 45.000 315.000 850.000 200.000 200.000 350.000 Short-term bank debt Accounts receivables Current liabilities 650.000 Cash 900.000 Total liabilities 3.050.000 3.050.000 Total assets Based on this Balance Sheet, calculate and comment current ratio, Acid Test, debt'equity Ratio
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:EXERCISE 2
Alfa Srl is a company with the following Balance Sheet at 31/12/2019 (data expressed in Euro).
ASSETS
Land
2019
600.000
300.000
2019
LIABILITIES
Capital stock
Retained earnings
340.000
300.000
550.000
45.000
315 000
850.000
Intangible assets
Fixed assets
500.000
Net income
TFR fund
200.000
200.000
350.000
Raw materials
Credit risk fund
Inventories
Short-term bank debt
Accounts receivables
Current liabilities
650.000
Cash
900.000
Total liabilities
3.050.000
3.050.000
Total assets
Based on this Balance Sheet, calculate and comment current ratio, Acid Test, debt'equity Ratio
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