Evoc Company Statements of Financial Position December 31 2020 2019 Intangibles and other assets Property, plant, and equipment Investments Current assets Prepaid expenses e 530 e 510 420 380 10 10 e120 €160 Inventory 430 390

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter12: Intangibles
Section: Chapter Questions
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Current ratio for the year 2020?
Evoc Company
Statements of Financial Position
December 31
2020 2019
Intangibles and other assets
Property, plant, and equipment
Investments
Current assets
€ 530
€ 510
420
380
10
10
Prepaid expenses
Inventory
Accounts receivable (net)
€120
€160
430
390
470
433
Cash and cash equivalents
330 1,350 360 1,343
€2,310
€1,020
Total assets
€2,243
Equity
€1,040
Non-current liabilities
Current liabilities
390
393
900
810
Total equity and liabilities
€2,310
€2,243
Transcribed Image Text:Evoc Company Statements of Financial Position December 31 2020 2019 Intangibles and other assets Property, plant, and equipment Investments Current assets € 530 € 510 420 380 10 10 Prepaid expenses Inventory Accounts receivable (net) €120 €160 430 390 470 433 Cash and cash equivalents 330 1,350 360 1,343 €2,310 €1,020 Total assets €2,243 Equity €1,040 Non-current liabilities Current liabilities 390 393 900 810 Total equity and liabilities €2,310 €2,243
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