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Ahmad Co.'s trial balance included the following account balances at December 31, 2013: Accounts receivable Inventories Patent Investments Prepaid insurance Note receivable, due 2016 $12,000
Ahmad Co.'s trial balance included the following account balances at December 31, 2013: Accounts receivable Inventories Patent Investments Prepaid insurance Note receivable, due 2016 $12,000 40,000 12.000 30.000 6,000 50,000 Investments consist of treasury bills that were purchased in November and mature in January. Prepaid insurance is for the next two years. What amount should be included in the current asset section of Ahmad's December 31, 2013, statement of financial position? Recent financial statement data for Sara Health Foods (HHF) is shown below. $ 180 360 540 Current liabilities: 10% Bonds, noncurrent Total liabilities Shareholders' equity: Share capital Retained earnings Total shareholders' equity Total liabilities and equity Income before interest and taxes Interest expense Income before tax Income tax Net income $ 125 36 89 27 $ 62 200 280 480 $1,020 What is Sara's times interest earned ratio is (rounded)? Recent financial statement data for Sara Health Foods (HHF) is shown below. $ 180 360 540 Current liabilities: 10% Bonds, noncurrent Total liabilities Shareholders' equity: Share capital Retained earnings Total shareholders' equity Total liabilities and equity Income before interest and taxes Interest expense Income before tax Income tax Net income $ 125 36 89 27 $ 62 200 280 480 $1,020 What is Sara's long term debt-to-equity ratio equity? Recent financial statement data for Sara Health Foods (HHF) is shown below. $ 180 360 540 Income before interest and taxes Interest expense Income before tax Income tax Net income $ 125 36 89 Current liabilities: 10% Bonds, noncurrent Total liabilities Shareholders' equity: Share capital Retained earnings Total shareholders' equity Total liabilities and equity 27 $ 62 200 280 480 $1,020 What is Sara's long term debt-to-equity ratio equity
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