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Please do the ratios for year 2019 a. current ratio h. Debt equity ra tio b. quick ratio i. Times Interestearned c. Cash Ratio j. Cash Coverage Ratio d. Total Assets Turnover k. Profit Margin e. Inventory Turnover return on Assets I. Receivable Turnover return on Equity m. Total debt Ratio

Please do the ratios for year 2019 a. current ratio h. Debt equity ra tio b. quick ratio i. Times Interestearned c. Cash Ratio j. Cash Coverage Ratio d. Total Assets Turnover k. Profit Margin e. Inventory Turnover return on Assets I. Receivable Turnover return on Equity m. Total debt Ratio

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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A Bi D E G H. АВС Coffee 2018 and 2019 Balance Sheet 2018 2019 2018 2019 ASSETS LIABILITIES Cash $2,060 $2,510 Account Paya ble $7,250 $5,613 Accounts Receivable $3,411 $4,288 Long Term Debt $9,800 $10,965 Inventory $18,776 $22,980 Total Current Assets $24,247 $29,778 Total Liabilities $17,050 $16,578 EQUITY Common Stock $15,000 $16,000 Net Fixed Assets $14,160 $15,500 Retained Earnings $6,357 $12,700 $21,357 $28,700 $45,278 TOTAL EQUITI ES TOTAL ASSETS $38,407 $45,278 TOTAL LIA & EQUITIES $38,407 Please do the ratios for year 2019 a. current ra tio h. Debt equity ra tio b. quick ra tio 1. Times Interest earned C. Cash Ratio J. Cash Coverage Ratio d. Total Assets Turnover k. Profit Ma rgin Inventory Turnover 1. return on Assets е. f. Receivable Turnover return on Equity m. g. Total debt Ra tio
Transcribed Image Text:A Bi D E G H. АВС Coffee 2018 and 2019 Balance Sheet 2018 2019 2018 2019 ASSETS LIABILITIES Cash $2,060 $2,510 Account Paya ble $7,250 $5,613 Accounts Receivable $3,411 $4,288 Long Term Debt $9,800 $10,965 Inventory $18,776 $22,980 Total Current Assets $24,247 $29,778 Total Liabilities $17,050 $16,578 EQUITY Common Stock $15,000 $16,000 Net Fixed Assets $14,160 $15,500 Retained Earnings $6,357 $12,700 $21,357 $28,700 $45,278 TOTAL EQUITI ES TOTAL ASSETS $38,407 $45,278 TOTAL LIA & EQUITIES $38,407 Please do the ratios for year 2019 a. current ra tio h. Debt equity ra tio b. quick ra tio 1. Times Interest earned C. Cash Ratio J. Cash Coverage Ratio d. Total Assets Turnover k. Profit Ma rgin Inventory Turnover 1. return on Assets е. f. Receivable Turnover return on Equity m. g. Total debt Ra tio
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