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calculate the 13 ratios, use 365 days in the year, round the answers in days to whole number and round the answers in dollars to
calculate the 13 ratios, use 365 days in the year, round the answers in days to whole number and round the answers in dollars to whole dollars, round all other final answers to 2 decimsl places.
i will need explanation and answer thanks.
Uping the financial statements of Jet Boat de calculate the 13 basic ratos. (Use 365 days in a year. Round the armers in days to whole number and round the ETS dollars to whole dollars. Round all other final answers to 2 decimal places) JET BOTTO Balance shut December 31, 2ex Assets Current assets! cash Marketable securities Accounts receivable (net) Inventory $ 48, Bee 85, cee 188, cee 375, eee Total current assets Not plant and equipment see, ece 680, eee Total assets $ 1,289,800 Liabilities and Shareholders' Equity current liabilities! Accounts payable Bank loans Accrued expenses $ 188,888 125.000 25,Bee 258, 608 Total current abilities Long term liabilities: Bonds payable" 500,00 Total liabilities 758,880 Shacholders equity! Como Stock Retained earnings 350,000 108,800 Total shareholders equity Total liabilities and shareholders equity $ 1.200,260 Sinding fund provision of $50,000 a year. JET BOAT LTD. Stact Yen ordine Deceber 31, 20% Se credit) Lods sold 2. De 2.455.633 Sling and adeinistratives 45.18 29. ating power ED 3.08 03 Dann beton 200 19.200 nings after (LAS) 2,112 $ Profit orgin Return on assets (Investment) Atun on quity Average daily sales Average daily 0065 Accounts payable turnover Accounts payable period Capital asset tulover Lunt ratio Quick ratio isht to total assets Tims interest rated Fixed charge coverage daysStep by Step Solution
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