Question
Additional information. a)Purchased equipment for 74,000 b)Issued 10,000 shares common stock for 5$ cash per share c) Declared and paid 85,000 in cash dividend Calculate
Additional information.
a)Purchased equipment for 74,000
b)Issued 10,000 shares common stock for 5$ cash per share
c) Declared and paid 85,000 in cash dividend
Calculate the following ratios for the most recent years. Show all calculations :
1) current ratio
2)Quick ratio
3) Account Receivable Turnover
4) Inventory Turnover
5)Days Sales Uncollected
6) Days sales in Inentory
7) Total assets turnover
8)Profit margin ratio
9) Return on total assets
10) return on common equity
Assess your company's results. Would you lend this company $250,000 to buy land and a buildingfor a new location? Why or why not?
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