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Analyzing short- and long-term financial strength Click here to view the instructions in a separate window. If these instructions block your workspace, you can
Analyzing short- and long-term financial strength Click here to view the instructions in a separate window. If these instructions block your workspace, you can adjust your display. Without closing the Instructions window, navigate to the app dock to the right. Click on the "Full Book" app and your screen will automatically readjust to include a horizontal and vertical scroll bar, facilitating navigation within the activity. Note: As a reminder, to ensure correct grading it is important to enter calculations in the order that they are presented in the Instructions. Total current assets Total quick assets Current Year Prior Year $1,210,000.00 $1,100,000.00 603,750.00 544,000.00 Total assets 1,837,500.00 1,537,500.00 Total current liabilities 465,000.00 308,000.00 Total liabilities 1,185,000.00 732,000.00 Total stockholders' equity 652,500.00 805,500.00 Total interest expense 22,600.00 16,750.00 Total federal income tax 26,440.00 26,181.00 Net income 99,466.00 98,490.00 Shares of common stock outstanding 90,000 84,750 Shares of preferred stock outstanding, $100 par 1,300 1,200 1., 2.
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