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Answer the following questions using the financial statements that are presented for each problem and the additional information that is provided. Includes formula used and
Answer the following questions using the financial statements that are presented for each problem and the additional information that is provided. Includes formula used and calculations. You must fill in each highlighted space with the correct figure or answer
Complete EnergyCorp's balancesheet,given the following information
In addition, the following information is provided:
- Debt ratio = 40%
- DSO = 39 days
- Costs of goods sold = $1.6875 million
- Sales = $2.25 million
- Inventory turnover ratio = 3.375
- Current ratio = 1.5
- For the year that ends June 30, 2018, Northern Air Cooling Corporation has:
- Total assets = $87,631,181
- ROA = 11.67 %
- ROE = 21.19 %
- Net profit margin = 11.59 %
Determine the following(3 puntos):
- Net income: _____________
- Sales: _____________
- Debt-to-equity ratio: _____________
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