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FINANCIAL POSITION: RATIO 2021 2020 2019 Current ratio CR= CR= CR = (CR)= 723,796/12,281,092 1,654,084/9,359,209 7,439,245/6,149,974 Current assets / = 0.05 = 0.17 = 1.21 current liabilities (ATQR)= (23,300+193,549)/12,281 | (128,551+345,780)/9,359 (83,834+3,871,114)/ Acid – test or quick ratio (ATQR)= casbtAR/CL (ATQR)= (ATQR)= ,092 ,209 6,149,974 = 0.01 = 0.05 = 0.64 Total debt to (TDQR)= (TDQR)= (TDQR)= equity ratio (TDQR)= 12,281,092 / 7,273,605 11,417,230 / 4,797,052 6,149,974/ 4,617,406 Total debt/ total = 1.7 = 2.4 = 1.33 equity

FINANCIAL POSITION: RATIO 2021 2020 2019 Current ratio CR= CR= CR = (CR)= 723,796/12,281,092 1,654,084/9,359,209 7,439,245/6,149,974 Current assets / = 0.05 = 0.17 = 1.21 current liabilities (ATQR)= (23,300+193,549)/12,281 | (128,551+345,780)/9,359 (83,834+3,871,114)/ Acid – test or quick ratio (ATQR)= casbtAR/CL (ATQR)= (ATQR)= ,092 ,209 6,149,974 = 0.01 = 0.05 = 0.64 Total debt to (TDQR)= (TDQR)= (TDQR)= equity ratio (TDQR)= 12,281,092 / 7,273,605 11,417,230 / 4,797,052 6,149,974/ 4,617,406 Total debt/ total = 1.7 = 2.4 = 1.33 equity

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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FINANCIAL POSITION: RATIO 2021 2020 2019 Current ratio CR= CR= CR = 723,796/12,281,092 = 0.05 (CR)= 1,654,084/9,359,209 7,439,245/6,149,974 Current assets / = 0.17 = 1.21 %3D current liabilities Acid – test or (ATQR)= (ATQR)= (23,300+193,549)/12,281 | (128,551+345,780)/9,359 | (83,834+3,871,114)/ (ATQR)= quick ratio (ATQR)= casbtAR/CL ,092 ,209 6,149,974 = 0.01 0.05 0.64 Total debt to (TDQR)= (TDQR)= (TDQR)= equity ratio (TDQR)= 12,281,092 / 7,273,605 11,417,230 / 4,797,052 6,149,974/ 4,617,406 Total debt/ total = 1.7 = 2.4 = 1.33 equity
Transcribed Image Text:FINANCIAL POSITION: RATIO 2021 2020 2019 Current ratio CR= CR= CR = 723,796/12,281,092 = 0.05 (CR)= 1,654,084/9,359,209 7,439,245/6,149,974 Current assets / = 0.17 = 1.21 %3D current liabilities Acid – test or (ATQR)= (ATQR)= (23,300+193,549)/12,281 | (128,551+345,780)/9,359 | (83,834+3,871,114)/ (ATQR)= quick ratio (ATQR)= casbtAR/CL ,092 ,209 6,149,974 = 0.01 0.05 0.64 Total debt to (TDQR)= (TDQR)= (TDQR)= equity ratio (TDQR)= 12,281,092 / 7,273,605 11,417,230 / 4,797,052 6,149,974/ 4,617,406 Total debt/ total = 1.7 = 2.4 = 1.33 equity
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