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A) compute the current ratio for 2018 B) compute the operating cash flow/ current maturities of long term debt and notes payable ratio for 2018
A) compute the current ratio for 2018 B) compute the operating cash flow/ current maturities of long term debt and notes payable ratio for 2018 C) compute the operating cash flow/ total debt for 2018 D) are you concered about melvin company's ability to pay its short term and long term obligations? S 2018 625 260 s 2017 499 370 Balance Sheet December 31, 2018, and 2017 Assets Cash Marketable securities Trade accounts receivable, less allowances of 36 in 2018 and 18 in 2017 Inventories, FIFO Prepaid expenses Total current assets Investments Property, plant, and equipment: Land Buildings and improvements Machinery and equipment Less allowances for depreciation 1,080 930 200 820 870 220 52.272 SI 600 $3125 S820 S 130 760 2100 $2,990 100 $1890 1500 5035 S 227 670 400 $2,297 290 $1,307 5.50 5.5.2015 Goodwill Total assets 300 Liabilities and Shareholders' Equity Accounts payable CMLTD Notes Payable Accrued payroll Accrued taxes Total current liabilities Long-term debt Deferred income taxes Total liabilities Shareholders' equity Common stock Retained earnings Total liabilities and shareholders' equity $1.200 300 0 100 3000 $1,900 600 300 0 100 BO POR SO 250 280 12210 2002 1.000 2015 1,000 22.02 Income Statement For the Year Ended December 31, 2018 Net sales Cost of goods sold Gross profit Selling, administrative, and general expenses Operating income Interest expense Income before income taxes Income taxes Net income Net income per share Statement of Cash Flows For the Year Ended December 31, 2018 $8,000 3.900 $4,100 $2.500 $1,500 100 $1,400 400 $1.000 $ 2.00 s 869 $1,000 S210 50 (260) (60) (10) 300 20 Cash and cash of equivalents beginning of year Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation Amortization Inflow from deferred taxes Increase in accounts receivable Increase in inventories Increase in prepaid expenses Increase in accounts payable Increase in accrued payroll Increase in accrued taxes Net cash provided by operating activities Cash flows from investing activities: Outflow for investments Outflow for property, plant and equipment Net cash outflow for investing activities Cash flows from financing activities: Inflow from issuance of bonds Dividends paid Net cash outflow for investing activities Net increase in cash and cash equivalents Cash and cash equivalents end of year 370 $1,370 (220) 47931 (1,013) $250 L21 the current Ratio for 2018
A) compute the current ratio for 2018
B) compute the operating cash flow/ current maturities of long term debt and notes payable ratio for 2018
C) compute the operating cash flow/ total debt for 2018
D) are you concered about melvin company's ability to pay its short term and long term obligations?
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