i need help finding the current ratio SalesLabor and MaterialsFactory OverheadSelling and General ExpensesEarnings Before TaxesTaxes (30%)Net IncomeAssetsCashAccounts ReceivablesInventoriesFixed AssetsLiabilitiesAccount PayableNotes PayableLong-term DebtStockholders' EquityCapital StockRetained EarningsIncome StatementAssets$$$Balance SheetTotal AssetsLiabilities20202019$1,468,800 $1,728,000Total Liabilities& Equity$$$$$$$$$$$$12/31/2020 12/31/2019 12/31/2018$$$638,550 $ 725,625 $ 580,500250,000 $ 250,000 $250,000308,448 $ 328,320 $ 162,0002018$1,350,000271,802 $424,055 $ 357,50081,541 $ 127,217 $ 107,250190,261 $ 296,839 $ 250,25044,064 $ 138,240 $ 67,500411,264 $ 120,960 $ 108,000102,816 $86,400 $54,000210,000 $ 227,500 $ 160,000768,144 $573,100 $ 389,500378,143 $131,300 $15,756 $525,199 $50,000 $192,945 $768,144 $132,062 $73,32589,142 $33,520108,951 $ 102,655330,155 $ 209,50050,000 $50,000192,945 $ 130,000573,100 $ 389,500

Current ratio is the measure which is determined by the entity to know the liquidity position. It is…

Sales Labor and Materials Factory Overhead Selling and General Expenses Earnings Before Taxes Taxes (30%) Net Income Assets Cash Accounts Receivables nventories Fixed Assets Liabilities Account Payable Notes Payable Long-term Debt Stockholders' Equity Capital Stock Retained Earnings Income Statement Total Assets $ $ $ Balance Sheet Assets Liabilities 2020 2019 2018 $1,468,800 $1,728,000 $1,350,000 638,550 $ 725,625 $ 580,500 250,000 $ 250,000 $250,000 308,448 $ 328,320 $ 162,000 Total Liabilities & Equity $ $ $ 12/31/2020 12/31/2019 12/31/2018 $ $ $ $ $ 271,802 $ 424,055 $357,500 81,541 $ 127,217 $ 107,250 190,261 $ 296,839 $ 250,250 $ $ $ $ 44,064 $ 138,240 $ 67,500 411,264 $ 120,960 $ 108,000 102,816 $ 86,400 $ 210,000 $ 227,500 $ 768,144 $ 573,100 $ 389,500 378,143 $ 131,300 $ 15,756 $ 525,199 $ 54,000 160,000 132,062 $ 73,325 89,142 $ 33,520 108,951 $ 102,655 330,155 $ 209,500 $ 50,000 $ 50,000 $ 50,000 $ 192,945 $ 192,945 $ 130,000 $ 768,144 $ 573,100 $ 389,500

Sales Labor and Materials Factory Overhead Selling and General Expenses Earnings Before Taxes Taxes (30%) Net Income Assets Cash Accounts Receivables nventories Fixed Assets Liabilities Account Payable Notes Payable Long-term Debt Stockholders' Equity Capital Stock Retained Earnings Income Statement Total Assets $ $ $ Balance Sheet Assets Liabilities 2020 2019 2018 $1,468,800 $1,728,000 $1,350,000 638,550 $ 725,625 $ 580,500 250,000 $ 250,000 $250,000 308,448 $ 328,320 $ 162,000 Total Liabilities & Equity $ $ $ 12/31/2020 12/31/2019 12/31/2018 $ $ $ $ $ 271,802 $ 424,055 $357,500 81,541 $ 127,217 $ 107,250 190,261 $ 296,839 $ 250,250 $ $ $ $ 44,064 $ 138,240 $ 67,500 411,264 $ 120,960 $ 108,000 102,816 $ 86,400 $ 210,000 $ 227,500 $ 768,144 $ 573,100 $ 389,500 378,143 $ 131,300 $ 15,756 $ 525,199 $ 54,000 160,000 132,062 $ 73,325 89,142 $ 33,520 108,951 $ 102,655 330,155 $ 209,500 $ 50,000 $ 50,000 $ 50,000 $ 192,945 $ 192,945 $ 130,000 $ 768,144 $ 573,100 $ 389,500

Fundamentals of Financial Management (MindTap Course List)

15th Edition

ISBN:9781337395250

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter4: Analysis Of Financial Statements

Section: Chapter Questions

Problem 24P: Income Statement for Year Ended December 31, 2018 (Millions of Dollars) Net sales 795.0 Cost of...

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