Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Accounts payable $18,200 Accounts receivable 8,500 Accumulated depreciationequipment 5,300 Bonds payable 17,500 Cash 25,000 Common stock 26,800 Cost of goods sold 28,800 Depreciation expense 5,000
Accounts payable | $18,200 | ||
Accounts receivable | 8,500 | ||
Accumulated depreciationequipment | 5,300 | ||
Bonds payable | 17,500 | ||
Cash | 25,000 | ||
Common stock | 26,800 | ||
Cost of goods sold | 28,800 | ||
Depreciation expense | 5,000 | ||
Dividends | 5,900 | ||
Equipment | 45,500 | ||
Interest expense | 2,300 | ||
Patents | 7,260 | ||
Retained earnings, January 1, 2022 | 19,300 | ||
Salaries and wages expense | 6,100 | ||
Sales revenue | 53,800 | ||
Supplies | 6,540 |
1. Find the Current ratio
2. | Debt to assets ratio | enter debt to assets ratio in percentages rounded to 1 decimal place | % | ||
---|---|---|---|---|---|
3. | Working capital | $enter working capital in dollars | |||
4. | Earnings per share value |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started