Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Analyse year 16, financial management Year 16 Revenue $394,717 Expense $132,882 Net Profit $41,053 Cash on hand $0 Long-term loans $20,700 Dividends $1.00 Current ratio
Analyse year 16, financial management
Year 16 | |
Revenue | $394,717 |
Expense | $132,882 |
Net Profit | $41,053 |
Cash on hand | $0 |
Long-term loans | $20,700 |
Dividends | $1.00 |
Current ratio | 0.38 |
Interest coverage | 4.06 |
Debt to assets | 0.33 |
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