100% Mi 2-34 pm via Archivo Edicin Visualizacin Herramientas Ventana Ayuda 7ef46317-69ce-40-44-35041330c2.JPG (3 documentos, 3 pginas en total) Moving to the next question prevents changes to this answer JPG Question 3 Selected information from the financial statements of Volman Company for the year ended December 31, 2003, appears below: 2003 Current as $ 350,000 JPG Current label Total assets 140,000 Net sales 1,200,000 Long-term liabilities 1,500,000 400,000 Gross profit 600,000 Net Income 4.JPG 150.000 Instructions Answer the following questions relating to the year ended December 31, 2003. The ending balance for Total Assets for 2002 was $800,000. Show compte The current ratio for 2003 is The debt to total assets ratio for 2003 is The profit margin ratio for 2003 is the return on assets ratio for 2003 is A Moving to the next question prevents changes to this answer Question a Selected information from the financial statements of Volman Company for the year ended December 31, 2003, appears below 2003 Current Current liabile $ 350,000 Total assets 140,000 Net sales Gross profit 150,000 1.200,000 Long-term liabilities 1,500,000 400,000 600,000 Net Income Instructions Answer the following questions relating to the year ended December 31, 2003. The ending balance for Total Assets for 2002 was $800,000. Show com 1. The current ratio for 2003 is 2 The debt to total assets ratio for 2003 is 3. The profit margin ratio for 2003 is The return on assets ratio for 2003 is