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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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EXERCISE 2
Alfa Srl is a company with the following Balance Sheet at 31/12/2019 (data expressed in Euro).
ASSETS
Land
Intangible assets
Fixed assets
Raw materials
Inventories
2019
600.000
300.000
500.000
200.000
LIABILITIES
Capital stock
Retained earnings
Net income
TFR fund
2019
340.000
300.000
550.000
45.000
315.000
850.000
200.000
350.000
Credit risk fund
Short-term bank debt
Accounts receivables
Cash
900.000
Current liabilities
650.000
Total assets
3.050.000
Total liabilities
3.050.000
on this Balance Sheet, calculate and comment current ratio, Acid Test, debt'equity Ratio
202
Based
01oty
2751 w
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 Intangible assets Fixed assets Raw materials Inventories 2019 600.000 300.000 500.000 200.000 LIABILITIES Capital stock Retained earnings Net income TFR fund 2019 340.000 300.000 550.000 45.000 315.000 850.000 200.000 350.000 Credit risk fund Short-term bank debt Accounts receivables Cash 900.000 Current liabilities 650.000 Total assets 3.050.000 Total liabilities 3.050.000 on this Balance Sheet, calculate and comment current ratio, Acid Test, debt'equity Ratio 202 Based 01oty 2751 w
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