Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate the following: A. Ratio of fixed assets to long term liabilities B. Ratio of liabilities to stockholders equity Facebank Group, Inc. ASSETS Current Assets

image text in transcribedCalculate the following:
A. Ratio of fixed assets to long term liabilities
B. Ratio of liabilities to stockholders equity
Facebank Group, Inc. ASSETS Current Assets Cash $7,624 Accounts Receivable $8,904 Inventory 49 Prepaid expenses 1, 396 Total current assets $17,973 335 24 1,965 Property and equipment, net Deposits Financial assets at fair value Intangible assets Goodwill Right of use assets 116,646 148,054 3,519 Total assets 288,516 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable 36,373 Accrued expenses 20,402 665 4,090 Due to related parties Note payable Notes payable-related parties Shares settles liability for intangible assets Profit share liability 368 1,000 1,971 24 Warrant liability. subsidiary Current portion of lease liability Total current liabilities 815 65,708 30,879 41 Deferred Income taxes Other long term liabilities Lease liability Long term borrowings Total abilities 2,705 43,982 145,049

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sustainability Performance And Reporting

Authors: Irene M. Herremans

1st Edition

1951527208, 9781951527204

More Books

Students also viewed these Accounting questions

Question

Explain the relationship between thoughts, feelings, and actions.

Answered: 1 week ago