Dusing eained a gross popie on Sales o $1:500,0000. Accounts Receivable inventory and plant assets venouined rebitively Conitant duning the year Cempute the pellaving:- the year of $900, b00 to Fnom this inpornation
Dusing eained a gross popie on Sales o $1:500,0000. Accounts Receivable inventory and plant assets venouined rebitively Conitant duning the year Cempute the pellaving:- the year of $900, b00 to Fnom this inpornation
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please make solve part (g to i )
Transcribed Image Text:classipied
Duving the
year 2017, the (ompany
of
9900,000
a of $900, 000
gross piopit
$1:500,0000. Accounts
Receivable inventory and plant assets
remauned rebitively Constant duning
the year Fuom this inpormation
compute the Dalaving:-
on Sales of
Dellau
@Current RaTio
Acid Test Ratio
Debt Ratio
2 Eggui ty Ratio
Accounts Receivable Turn over
Inventory tusn over
O
ODays in Operating Cycle
Book Value Share.
per
Net Credit Sales for the year is
$1500,000 and Cost
for the year is $900,000
f goods
OReqNitied:-
Prepare a
Sheet in good orm Yoy Computing
missing values-
classipied balance
Transcribed Image Text:QAnalysis
of Financial Statement:.
The Balance Sheet
of
Decent Limiled
on December 131, 2017
Assets
$60,000
Cash
Marketable Securities
Account seceivable
Merchandise inventory
Land
OFFICE equiment (Net)
90,000
150,000
100,000
250,000
350,000
Total Assets
$1,000,000
Equites
Noles payable
Reat payable
Accounts payable
Bonds payable
Share Capital ($10)
Share premium
Retained Earnings
General Reservě
9 90,000
60,000
So,000
100,000
400,000
100,000
150,000
50,000
Total Equities
$1,000,000
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