Refer to the following selected balances from the balance sheet and income statement. Cash Accounts receivable Inventory Net plant and equipment Accounts payable Notes payable Long-term debt Common stock and paid in surplus Retained earnings Sales Profit margin Calculate the following: A. Current ratio B. Quick ratio C. Debt-equity ratio D. Total Asset Turnover E. Return on equity $ 13,000 30,428 53,586 367,241 46,382 18,246 49,000 50,000 300,627 250,253 0.25

Refer to the following selected balances from the balance sheet and income statement. Cash Accounts receivable Inventory Net plant and equipment Accounts payable Notes payable Long-term debt Common stock and paid in surplus Retained earnings Sales Profit margin Calculate the following: A. Current ratio B. Quick ratio C. Debt-equity ratio D. Total Asset Turnover E. Return on equity $ 13,000 30,428 53,586 367,241 46,382 18,246 49,000 50,000 300,627 250,253 0.25

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Description: how to do Q3. Refer to the following selected balances from the balance sheet and income statement.CashAccounts receivableInventoryNet plant and equipmentAccounts payableNotes payableLong-term debtCommon stock and paid in surplusRetained earningsSale

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter9: Projecting Financial Statements

Section: Chapter Questions

Problem 3bM

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