find. a) quick ratio in 2011 b) if dividends paid in 2010 were &60, the 2009 retained earnings balance was $ c) cash flow from opereation in 2011 was $ d) the company spent $ ... on fixed assets in 2011

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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find.
a) quick ratio in 2011
b) if dividends paid in 2010 were &60, the 2009 retained earnings balance was $
c) cash flow from opereation in 2011 was $
d) the company spent $ ... on fixed assets in 2011 
Item
Accounts Payable
Accounts Receivable
Accruals
Cash
Common Stock
Cost of Goods Sold
Depreciation Expense
Interest Expense
Inventory
Long Term Debt
Net Fixed Assets
Notes Payable
Operating Expense
Retained Earnings
Sales
Taxes
2010
550
510
1,000
?
2,000
4,000
200
170
3,000
1,500
2,700
750
300
710
5,000
120
2011
2.30
350
1,100
?
2,250
4,400
370
190
3,250
1,650
2,400
580
430
840
6,000
140
Transcribed Image Text:Item Accounts Payable Accounts Receivable Accruals Cash Common Stock Cost of Goods Sold Depreciation Expense Interest Expense Inventory Long Term Debt Net Fixed Assets Notes Payable Operating Expense Retained Earnings Sales Taxes 2010 550 510 1,000 ? 2,000 4,000 200 170 3,000 1,500 2,700 750 300 710 5,000 120 2011 2.30 350 1,100 ? 2,250 4,400 370 190 3,250 1,650 2,400 580 430 840 6,000 140
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