Calculate the quick ratio ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment =$62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal
Calculate the equity ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal
Calculate the times interest earned ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000; net sales = $325,000; interest expense $6,000; tax expense = $12,600; earnings before interest and taxes = $122,623. Round to two decimal
Calculate the debt ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal
Themethod of analysis reviews changes to an account over time and is usually expressed as a dollar change amount. For example, the sales account would be compared to previous years’ sales, and the increase or decrease between years would be
Calculate the current ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal
Calculate the return on total assets ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000; net sales = $325,000; interest expense $6,000; tax expense = $12,600; earnings before interest and taxes = $122,623; number of shares outstanding = 335,000. Round to two decimal places, and assume this is the first year of operations, so beginning total assets equal $0.
Calculate the working capital ratio on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000.
Calculate the profit margin ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000; net sales= $325,000; interest expense $6,000; tax expense = $12,600; earnings before interest and taxes = $122,623; number of shares outstanding = 335,000. Round to two decimal
Calculate the debt to equity ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal