What would be the classified Balance Sheet for Sandpiper as of December 31, 2020? After calculations, does the ASSETS sheet and Liabilities and Stockholders' Equity balance? Accounts Payable $34,600 Accounts Receivable $35,100 Accrued Liabilities $11,500 Accumulated Depreciation $35,600 Allowance for Doubtful Accounts $900 Bonds Payable[Long-term] $80,000 Cash and Cash Equivalents $33,600 Common Stock at par $1.50 (authorized 200,000 shares, issued xxxxx? shares, and XXXX? outstanding)-CALCULATE $75,000 Cost of goods sold $204,800 Current Portion of Long-Term Debt $5,600 Discounts on Bonds Payable $2,300 Equipment and vehicles $89,100 General and administrative expenses $92,100 Intangilbles - Net $14,300 Investments in Equity Securities[long-term] $5,000 Land[not used in operations] $25,600 Land and Building $145,300 Long-Term Debt Payable [not including current portion] $40,200 Merchandise Inventory (FIFO, Lower of Cost or Market) $28,700 Notes Payable[short-term] $6,500 Notes Receivable[short-term] $4,000 Notes Receivable[long-term] $16,500 Other Assets $3,800 Paid in Capital in Excess of Par - Common $28,500 Premium on Bonds Payable $1,500 Prepaid expenses $2,700 Provision for income taxes $26,100 Retained Earnings [12/31/2020 after closing entries] $88,470 Salaries Payable $2,800 Sales $427,800 Selling expenses $35,900 Trading Securities -at cost [current] $5,700 Treasury Stock - Common (2000 shares) $3,420 Unearned Revenues $3,300 Valuation Adjustment-Trading Securities (650) What are the following ratios to the nearest tenth? Current Ratio Quick Ratio Debt to assets ratio Ratio of fixed assets to long-term liabilities Ratio of total liabilities to stockholders' equity
What would be the classified
After calculations, does the ASSETS sheet and Liabilities and
Accounts Payable $34,600
Accrued Liabilities $11,500
Accumulated
Allowance for Doubtful Accounts $900
Bonds Payable[Long-term] $80,000
Cash and Cash Equivalents $33,600
Common Stock at par $1.50 (authorized 200,000 shares,
issued xxxxx? shares, and XXXX? outstanding)-CALCULATE $75,000
Cost of goods sold $204,800
Current Portion of Long-Term Debt $5,600
Discounts on Bonds Payable $2,300
Equipment and vehicles $89,100
General and administrative expenses $92,100
Intangilbles - Net $14,300
Investments in Equity Securities[long-term] $5,000
Land[not used in operations] $25,600
Land and Building $145,300
Long-Term Debt Payable [not including current portion] $40,200
Merchandise Inventory (FIFO, Lower of Cost or Market) $28,700
Notes Payable[short-term] $6,500
Notes Receivable[short-term] $4,000
Notes Receivable[long-term] $16,500
Other Assets $3,800
Paid in Capital in Excess of Par - Common $28,500
Premium on Bonds Payable $1,500
Prepaid expenses $2,700
Provision for income taxes $26,100
Salaries Payable $2,800
Sales $427,800
Selling expenses $35,900
Trading Securities -at cost [current] $5,700
Unearned Revenues $3,300
Valuation Adjustment-Trading Securities (650)
What are the following ratios to the nearest tenth?
Quick Ratio
Debt to assets ratio
Ratio of fixed assets to long-term liabilities
Ratio of total liabilities to stockholders' equity
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