Question
A) Using the account information to construct a Balance Sheet. Make sure to: List the appropriate account names and amounts Calculate the total current assets
A) Using the account information to construct a Balance Sheet. Make sure to:
- List the appropriate account names and amounts
- Calculate the total current assets Calculate the book value of fixed assets
- Calculate Total Assets
- Calculate Equity (Hint: The net income of the company is also equity)
B) What is the current ratio of this company?
C) What is the quick ratio of this company?
D) What is the Return on Equity (ROE) for this company?
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
