...And does the current ratio improves, deteriorate, or hold steady during 2018?

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The following condensed information is reported by Beany Baby Collectibles. Income Statement Information Sales revenue Cost of goods sold Net income Balance Sheet Information Current assets Long-term assets Total assets Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and stockholders' equity Required: 1. Calculate the following profitability ratios for 2024: 2. Determine the amount of dividends paid to shareholders in 2024. 2024 $10,440,000 6,827,760 360,000 $1,200,000 1,500,000 2023 $1,600,000 $1,500,000 2,200,000 1,900,000 $3,800,000 $3,400,000 800,000 300,000 $3,800,000 $8,400,000 5,900,000 248,000 $900,000 1,500,000 800,000 200,000 $3,400,000

The below tables shows Dynamic Mattress’s year-end 2016 and 2018 balance sheets, and its income statement for 2017. Dynamic MattressYear-End Balance Sheet for 2016(figures in $ millions) Assets       Liabilities and Shareholders’ Equity     Current Assets:       Current Liabilities:     Cash $ 22   Bank loans $ 22 Marketable securities   11   Accounts payable   80 Accounts receivable   111         Inventory   155         Total current assets $ 299   Total current liabilities $ 102               Fixed assets:             Gross investment $ 251   Long-term debt   26 Less depreciation   71   Net worth (equity and retained earnings)   351 Net fixed assets $ 180         Total assets $ 479   Total liabilities and net worth $ 479     Dynamic MattressYear-End Balance Sheet for 2017(figures in $ millions) Assets       Liabilities and Shareholders’ Equity     Current Assets:       Current Liabilities:     Cash $ 32.0   Debt due within a year (bank…

The below tables shows Dynamic Mattress’s year-end 2016 and 2018 balance sheets, and its income statement for 2017.   Dynamic MattressYear-End Balance Sheet for 2016(figures in $ millions) Assets       Liabilities and Shareholders’ Equity     Current Assets:       Current Liabilities:     Cash $ 46   Bank loans $ 46 Marketable securities   23   Accounts payable   140 Accounts receivable   123         Inventory   215         Total current assets $ 407   Total current liabilities $ 186               Fixed assets:             Gross investment $ 263   Long-term debt   38 Less depreciation   83   Net worth (equity and retained earnings)   363 Net fixed assets $ 180         Total assets $ 587   Total liabilities and net worth $ 587     Dynamic MattressYear-End Balance Sheet for 2017(figures in $ millions) Assets       Liabilities and Shareholders’ Equity     Current Assets:       Current Liabilities:     Cash $ 176.0   Debt due within a year (bank…

Can you please solve this general accounting question?

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You are given the financial statements of a company for over the 6-year periods (2016 –2021). Considering 2016 as the base year, compute the trend index for the following items:a. Revenue, cost of goods sold, total expenses and net earnings. Comment on the trends of each of the items.b. Total assets, total liabilities and shareholders’ equity. Comment on the trends of each of the items.c. Cash flow from operation, cash flow from investing, cash flow from financing and closing cash balances. Comment on the trends of each of the items.

How do I calculate the profit?