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Page 1:1Page 2:2age 3:3e 4:5:Cesh$40,000Accounts recelvable80000inventor90.000Now plent and egulpment220,000 Total Assete 410.000LABILITIES AND SHAR HOLDERS BOUTACcounte peyeble$60.00040,000Accrued expensesLong-term debt130,000Common stock80.000 Retained earrings100,000 Total Liabllites and Shareholders Equity $110,000 MEGAFRAME COMPUTER COMPANYIncome StatementFor the year ended December 31. 20 X6$700.000Sales (ell on credit)400,000Cest of goode sold200000Gross profit1000Selling and administrative expenseOperating profit1010200,000 Interest expense40,000159000 Taxes (50%6)80,900Net income80.000What is Megaframe Computer's total asset turnover? 1.71x13. 68x3.18x2.00x/SUE

Page 1:1Page 2:2age 3:3e 4:5:Cesh$40,000Accounts recelvable80000inventor90.000Now plent and egulpment220,000 Total Assete 410.000LABILITIES AND SHAR HOLDERS BOUTACcounte peyeble$60.00040,000Accrued expensesLong-term debt130,000Common stock80.000 Retained earrings100,000 Total Liabllites and Shareholders Equity $110,000 MEGAFRAME COMPUTER COMPANYIncome StatementFor the year ended December 31. 20 X6$700.000Sales (ell on credit)400,000Cest of goode sold200000Gross profit1000Selling and administrative expenseOperating profit1010200,000 Interest expense40,000159000 Taxes (50%6)80,900Net income80.000What is Megaframe Computer's total asset turnover? 1.71x13. 68x3.18x2.00x/SUE

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Page 1:1Page 2:2age 3:3e 4:5:Cesh$40,000Accounts recelvable80000inventor90.000Now plent and egulpment220,000 Total Assete 410.000LABILITIES AND SHAR HOLDERS BOUTACcounte peyeble$60.00040,000Accrued expensesLong-term debt130,000Common stock80.000 Retained earrings100,000 Total Liabllites and Shareholders Equity $110,000 MEGAFRAME COMPUTER COMPANYIncome StatementFor the year ended December 31. 20 X6$700.000Sales (ell on credit)400,000Cest of goode sold200000Gross profit1000Selling and administrative expenseOperating profit1010200,000 Interest expense40,000159000 Taxes (50%6)80,900Net income80.000What is Megaframe Computer's total asset turnover? 1.71x13. 68x3.18x2.00x/SUE
Transcribed Image Text:Page 1:1Page 2:2age 3:3e 4:5:Cesh$40,000Accounts recelvable80000inventor90.000Now plent and egulpment220,000 Total Assete 410.000LABILITIES AND SHAR HOLDERS BOUTACcounte peyeble$60.00040,000Accrued expensesLong-term debt130,000Common stock80.000 Retained earrings100,000 Total Liabllites and Shareholders Equity $110,000 MEGAFRAME COMPUTER COMPANYIncome StatementFor the year ended December 31. 20 X6$700.000Sales (ell on credit)400,000Cest of goode sold200000Gross profit1000Selling and administrative expenseOperating profit1010200,000 Interest expense40,000159000 Taxes (50%6)80,900Net income80.000What is Megaframe Computer's total asset turnover? 1.71x13. 68x3.18x2.00x/SUE
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