SDJ, Inc., has net working capital of $1,730, current liabilities of $5,140, and inventory of$2,170.Requirement 1:What is the current ratio? (Do not round intermediate calculations. Round your answerto 2 decimal places (e.g., 3.16).)Current ratio|timesRequirement 2:What is the quick ratio? (Do not round intermediate calculations. Round your answer to2 decimal places (e.g., 3.16).)Quick ratio| times

Name: SDJ, Inc., has net working capital of $1,730, current liabilities of
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Description: SDJ, Inc., has net working capital of $1,730, current liabilities of $5,140, and inventory of$2,170.Requirement 1:What is the current ratio? (Do not round intermediate calculations. Round your answerto 2 decimal places (e.g., 3.16).)Current ratio|ti

Calculation of Current Ratio and Quick Ratio:The current ratio is 1.34 times and quick ratio is 0.91…

Answered: SDJ, Inc., has net working capital of…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Prepare a horizontal analysis of both the balance sheet and income statement. Complete this question by entering your answers in the tabs below. Analysis Bal Sheet Analysis Inc Stmt Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).) THORNTON COMPANY Horizontal Analysis of Balance Sheets Year 4 Year 3 % Change Assets Current assets Cash $ 17,200 $ 12,200 % Marketable securities 21,600 6,800 Accounts receivable (net) 55,800 46,600 Inventories 135,100 143,000 Prepaid items 26,700 11,700 Total current assets 256,400 220,300 Investments 27,700 21,700 Plant (net) 271,900 256,700 Land 30,600 25,800 Total long-term assets 330,200 304,200 Total assets $ 586,600 $ 524,500 Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable $ 15,300 $ 4,900 Accounts payable 112,900 98,300 Salaries payable 20,900 13,300 Total current liabilities…
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7. Problem 3-08 (Profit Margin and Debt Ratio) Profit Margin and Debt Ratio eBook Profit margin: Assume you are given the following relationships for the Haslam Corporation: Sales/total assets Return on assets (ROA) Return on equity (ROE) Calculate Haslam's profit margin and liabilities-to-assets ratio. Do not round intermediate calculations. Round your answers to two decimal places. Liabilities-to-assets ratio: % % 3 Problem Walk-Through % 1.1 4% 6% Suppose half of its liabilities are in the form of debt. Calculate the debt-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places.
Old Oak Winery sold inventory for $330,000, terms 4/10, n/30. Cost of goods sold was $153,000. How much sales revenue will Old Oak Winery report from the sale? (Assume the company records sales at the net amount.) OA. $316,800 O B. $153,000 O C. $177,000 O D. $330,000 C
Hello, how do I solve this problem? I attached the bottom part of the question and what it's asking for since it wouldn't fit in the screenshot. Assuming that total assets were $3,112,000 at the beginning of the current fiscal year, determine the following. When required, round to one decimal place. a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity c. Asset turnover d. Return on total assets % e. Return on stockholders’ equity % f. Return on common stockholders' equity %
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Cricket Training Company has a current ratio of 0.80 to 1, based on current assets of $6.64 million and current liabilities of $8.30 million. 1. How, if at all, will a $880,000 cash purchase of inventory affect the current ratio? 2. How, if at all, will a $880,000 purchase of inventory on account affect the current ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 How, if at all, will a $880,000 cash purchase of inventory affect the current ratio? The current ratio will Required 1 Next > ********* Check my • Coom

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