The following data for spectrum is 31/12/2018 Trading ratio 3, fast ratio 2, 3.5 asset rotation, per share per share 22000, total liabilities to the right of property 77%, the carrying amount 87000, The duration of the models 8 days, the rotation of fixed assets 6, net profit 1980000 The following data is the spectrum company on 31/12/2019 Trading ratio 3, fast ratio 2, 3.5 asset rotation, per share per share 22000, total liabilities to the right of property 77%, the carrying amount is 87000 Duration of collection 8 days, fixed assets 6, net profit increased by 60% of the previous year The balance sheet is required for 2018 and 2019
The following data for spectrum is 31/12/2018 Trading ratio 3, fast ratio 2, 3.5 asset rotation, per share per share 22000, total liabilities to the right of property 77%, the carrying amount 87000, The duration of the models 8 days, the rotation of fixed assets 6, net profit 1980000 The following data is the spectrum company on 31/12/2019 Trading ratio 3, fast ratio 2, 3.5 asset rotation, per share per share 22000, total liabilities to the right of property 77%, the carrying amount is 87000 Duration of collection 8 days, fixed assets 6, net profit increased by 60% of the previous year The balance sheet is required for 2018 and 2019
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:The following data for
spectrum is 31/12/2018
Trading ratio 3, fast ratio
2, 3.5 asset rotation, per
share per share
22000, total liabilities to
the right of property
77%, the carrying
amount 87000,
The duration of the
models 8 days, the
rotation of fixed assets
6, net profit 1980000
The following data is the
spectrum company on
31/12/2019
Trading ratio 3, fast ratio
2, 3.5 asset rotation, per
share per share
22000, total liabilities to
the right of property
77%, the carrying
amount is 87000
Duration of collection 8
days, fixed assets 6, net
profit increased by 60%
of the previous year
The balance sheet is
required for 2018 and
2019
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