Question
1.If current assets are $33,000 and total assets are $224,000, what percentage of total assets are current assets? (Answer as a percentage to 1 decimal
1.If current assets are $33,000 and total assets are $224,000, what percentage of total assets are current assets? (Answer as a percentage to 1 decimal point with no % sign needed, e.g. xx.x or 12.3)
2.A company's net income before income tax is $72,000. Income tax for the year was $5,000. Dividend requirements for preferred stock are $20,000. There are 20,000 shares of common stock outstanding. Earnings per common stock are: (Answer to the nearest $0.01, w/ no $ sign needed, e.g. x.xx or 1.23)
3.Jack and Jill Corporation's year-end 20xx balance sheet lists current assets of $225,000, fixed assets of $965,000, current liabilities of $149,000, and long-term debt of $215,000. What is Jack and Jill's total stockholders' equity? (Answer in whole $s, with no $ sign or commas, e.g. xxxxxx, or 123000)
4.Billy Bob, Inc.'s 201x income statement lists the following income and expenses: EBIT = $838,000, interest expense = $90,000, and net income = $612,000. What are the 201x taxes reported on the income statement? (Answer in whole $s with no $ sign or commas needed, e.g. xxx000, or 123000)
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