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Below are the account balances of SINA consulting ltd as of December 31, 2023: the company decides to distribute 10% of earning . Cash $
Below are the account balances of SINA consulting ltd as of December 31, 2023: the company decides to distribute 10% of earning . Cash $ 50,000.00 Accounts Receivable $ 30,000.00 Slow moving inventory $ 80,000.00 Fast moving inventory $ 40,000.00 Prepaid Expenses $ 5,000.00 Land $ 100,000.00 Building $ 200,000.00 Accumulated Depreciation $ 40,000.00 Accounts Payable $ 20,000.00 Notes Payable $ 60,000.00 Common Stock $ 150,000.00 Retained Earning $ 100,000.00 Sales Revenue: $ 500,000.00 Cost of Goods Sold: $ 250,000.00 Operating Expenses: $ 100,000.00 Interest Expense $ 5,000.00 Income Tax Expense: $ 15,000.00 number of outstanding shares 50,000.00 calculate the following ratios: current ratio quick ratio debt to equity ratio return on equity EPS DPS Net profit margin gross profit margin payable days receivable days inventory turnover fixed asset turnover
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