Long Term LiabilitiesLong Term DebtOther Long Term LiabilitiesShareholder's EquityCommon StockAdditional Paid in CapitalRetained EarningsTotal Liabilities and Stockholders Equity75,00099.398174,398Q SearchA75,00081,281156.2817,7877,733184.306151,107934.382 728,9991.126.475 887.8391,763.117 1.379,248REUIRED:1) Evaluate the profit performance2) Comment on the assets ,liabilities and owners equity3) Comment on the ability of the Corporation to increase its assets4) Evaluate the information from (1) two liquidity ratios (1) four debt management ratios (111) four profhps robat Reader (32-bit)elp1916 PART... xNet SalesCost of Goods Sold1 / 4Operating ExpensesEarnings Before TaxIncome TaxNet IncomeAssetsCurrent AssetsCashShort Term InvestmentAccounts ReceivbleInventoryPrepaid ExpensesTotal Current AssetsNon Current AssetsFurnitureEquipmentBuildingsAccumulated DepreciationOther AssetsTotal AssetsCurrent LiabilitiesNotes PayableAccounts PayableAccured ExpensesIncome Tax PayableAccrued WagesTotal Current LiabilitiesQ SearchOComparative Income Statement For NIKI CorporationYear 2016 Year 20153,295,679 2,960,4092,121,789 1,955,553749,002 665,015424,888 339,841166,464 129,140258,424 210,701Comparative Statement of Financial Position for NIKI CorporatiYear 2016 Year 2015460,332243,30283.47909,88615,225331,155365,69266.22971,897956.438 690,777128,670 288,219404,952 116,623556.858 490,791<350,058> <245,265>740,422 650,36866,257 38,1031,763,117 1,379,248Liabilities and Stock Holders EquityYear 2016 Year 20157,603216,664 193,375163,350 128,30170,4314,196462,24455.4%010,6242,828355,128HEs

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Description: Long Term LiabilitiesLong Term DebtOther Long Term LiabilitiesShareholder's EquityCommon StockAdditional Paid in CapitalRetained EarningsTotal Liabilities and Stockholders Equity75,00099.398174,398Q SearchA75,00081,281156.2817,7877,733184.306151,107

Ratio analysis used identify the business performance of the company.It is used to measure financial…

Answered: REUIRED: 1) Evaluate the profit…

Business

Accounting

REUIRED: 1) Evaluate the profit performance 2) Comment on the assets ,liabilities and owners equity 3) Comment on the ability of the Corporation to increase its assets

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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