Chapter 2: Presented below is information on XBRL Ltd.: Cash............ Cash provided by financing activities... Cash used in investing activities....... Common shares.... Current assets.......... Current liabilities... Dividends declared.. Long-term assets.... Price-earnings ratio.. Retained earnings.. Total liabilities....... Weighted average number of shares issued.. Instructions Calculate the following for 2023: (c) Working capital (d) Current ratio (e) Debt to total assets 2023 $ 15,000 20,000 18,000 30,000 85,000 60,000 11,000 125,000 12 60,000 110,000 1,000 2022 $ 12,000 0 7,000 30,000 75,000 45,000 15,000 110,000 14 40,000 95,000 1,000
Chapter 2: Presented below is information on XBRL Ltd.: Cash............ Cash provided by financing activities... Cash used in investing activities....... Common shares.... Current assets.......... Current liabilities... Dividends declared.. Long-term assets.... Price-earnings ratio.. Retained earnings.. Total liabilities....... Weighted average number of shares issued.. Instructions Calculate the following for 2023: (c) Working capital (d) Current ratio (e) Debt to total assets 2023 $ 15,000 20,000 18,000 30,000 85,000 60,000 11,000 125,000 12 60,000 110,000 1,000 2022 $ 12,000 0 7,000 30,000 75,000 45,000 15,000 110,000 14 40,000 95,000 1,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please do not give solution in image format thanku
Transcribed Image Text:Chapter 2:
Presented below is information on XBRL Ltd.:
Cash..
Cash provided by financing activities...
Cash used in investing activities........
Common shares..........
Current assets....
Current liabilities..
Dividends declared....
Long-term assets...
Price-earnings ratio..
Retained earnings...
Total liabilities......
Weighted average number of shares issued..
Instructions
Calculate the following for 2023:
(c) Working capital
(d) Current ratio
(e) Debt to total assets
2023
$ 15,000
20,000
18,000
30,000
85,000
60,000
11,000
125,000
12
60,000
110,000
1,000
2022
$ 12,000
0
7,000
30,000
75,000
45,000
15,000
110,000
14
40,000
95,000
1,000
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