Q Analysis of Financial Statement: The Balance Sheet Decent Limiled of December, 31 , 2017 on Assets $60,000 Cash Marketable Securities Account seceivable Merchandise inventory Land OFFICE ap uiment lNet 90,000 150,000 100, 000 250,000 350,000 Total Assets $1,000,000 Equites Noles payable Reat payable Accounts payable Bonds payable Shore Capital ($10) Share premium Retained Eanings General Reserve q 90,000 60,000 SO,000 100,000 400,000 100,000 I50,000 50,000 Total Equities $1,000,000

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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QAnalysis
of Financial Statement:.
The Balance Sheet
of
Decent Limiled
on December 131, 2017
Assets
$60,000
Cash
Marketable Securities
Account seceivable
Merchandise inventory
Land
OFFICE equiment (Net)
90,000
150,000
100,000
250,000
350,000
Total Assets
$1,000,000
Equites
Noles payable
Reat payable
Accounts payable
Bonds payable
Share Capital ($10)
Share premium
Retained Earnings
General Reservě
9 90,000
60,000
So,000
100,000
400,000
100,000
150,000
50,000
Total Equities
$1,000,000
Transcribed Image Text:QAnalysis of Financial Statement:. The Balance Sheet of Decent Limiled on December 131, 2017 Assets $60,000 Cash Marketable Securities Account seceivable Merchandise inventory Land OFFICE equiment (Net) 90,000 150,000 100,000 250,000 350,000 Total Assets $1,000,000 Equites Noles payable Reat payable Accounts payable Bonds payable Share Capital ($10) Share premium Retained Earnings General Reservě 9 90,000 60,000 So,000 100,000 400,000 100,000 150,000 50,000 Total Equities $1,000,000
During
earned a gOs
2017, the Compainy
$900,00
the
gross prepit
on Sales of .
Receivable inventory and
relaitively
す
$1:500,0000. Accounts
plant asset
remained Constant _durirg
the year . Fxom this
compute the Dellaving:-
inpormation
Current RaTio
Acid Test Ratio
Debt Ratio
Eqjui ty Ratio
Accounts Receivable
Inventory tusn over
Days in Operating Cycle
Book Value
Turn Over
per
Share.
Net Credit Sales for the year
$ 1ş00,000 and Cost af goods sdd
for the year is $900,000
is
Required-
Prepare a classiried balame
Sheet in' good m
ied balance
Yay Compuiting
missing values.
Transcribed Image Text:During earned a gOs 2017, the Compainy $900,00 the gross prepit on Sales of . Receivable inventory and relaitively す $1:500,0000. Accounts plant asset remained Constant _durirg the year . Fxom this compute the Dellaving:- inpormation Current RaTio Acid Test Ratio Debt Ratio Eqjui ty Ratio Accounts Receivable Inventory tusn over Days in Operating Cycle Book Value Turn Over per Share. Net Credit Sales for the year $ 1ş00,000 and Cost af goods sdd for the year is $900,000 is Required- Prepare a classiried balame Sheet in' good m ied balance Yay Compuiting missing values.
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