Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1) What are Current Assets, Current liabilities, Total liabilities, and total owner's equity according to the picture? 2) what are the current ratio, debt to

1) What are Current Assets, Current liabilities, Total liabilities, and total owner's equity according to the picture?

2) what are the current ratio, debt to equity, Inventory Turnover according to the picture?

Please explain where did you get the numbers for 1,2.

image text in transcribed

Total net sales $ 1,390 Credit income and other 69 Total revenues 1,459 Cost of goods sold (exclusive of depreciation and amortization shown separately below) 919 Selling, general and administrative (SG&A) 470 Depreciation and amortization 161 Real estate and other, net 5 Restructuring and management transition 67 Total costs and expenses 1,612 Operating income/loss) (153) Other components of net periodic pension cost/(income) 77 (Gain)/loss on extinguishment of debt 0 Net interest expense 67 Loss due to discontinuance of hedge accounting 0 Reorganization items, net 108 Income/(loss) before income taxes (405) Income tax expense/(benefit) (7) Net income/(loss) $ (398) Earnings Per Share, Basic $ (1.23) Earnings Per Share, Diluted $ (1.23) Weighted average shares - basic 324,600 Weighted average shares - diluted 324,600 Total net sales $ 1,390 Credit income and other 69 Total revenues 1,459 Cost of goods sold (exclusive of depreciation and amortization shown separately below) 919 Selling, general and administrative (SG&A) 470 Depreciation and amortization 161 Real estate and other, net 5 Restructuring and management transition 67 Total costs and expenses 1,612 Operating income/loss) (153) Other components of net periodic pension cost/(income) 77 (Gain)/loss on extinguishment of debt 0 Net interest expense 67 Loss due to discontinuance of hedge accounting 0 Reorganization items, net 108 Income/(loss) before income taxes (405) Income tax expense/(benefit) (7) Net income/(loss) $ (398) Earnings Per Share, Basic $ (1.23) Earnings Per Share, Diluted $ (1.23) Weighted average shares - basic 324,600 Weighted average shares - diluted 324,600

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Tools For Business Decision Making

Authors: Paul D. Kimmel

3rd Canadian Edition

0470836792, 978-0470836798

More Books

Students also viewed these Accounting questions

Question

2 What are the key barriers to implementing HRM?

Answered: 1 week ago

Question

1 What are three of the formative traditions in HRM?

Answered: 1 week ago