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can you kindly assist me with the correct answer. Also i would really appreaciate if you can provide me with the solution in an excel
can you kindly assist me with the correct answer. Also i would really appreaciate if you can provide me with the solution in an excel sheet and share the link with me . Thank you so so much
Altoid Co. Balance Sheet At December 31, 2013 Cash Short-term investments Accounts receivable (net) Inventories Property, plant, and equipment (net) Total assets Assets: $ 150 200 300 450 1.100 $2.200 Liabilities and shareholders' equity Current liabilities Long-term liabilities Paid-in capital Retained earnings Total liabilities and shareholders' equity $ 450 600 150 1.000 $2.200 Selected 2013 income statement information for Altoid Co. includes: Net sales Operating expenses Income before interest and taxes Interest expense Income tax expense Net income $7,700 7.110 5901 90 150 350 Required: SHOW ALL WORKINGS Total of 15 pts Compute the following financial statement ratios for 2013: a) Altoid Company's current ratio. Round your answer to two decimal places. (4 points) b) Altoid Company's acid-test ratio. Round your answer to two decimal places (4 points) c) Altoid Company's debt to equity ratio. Round your answer to two decimal places. (4 points) d) Altoid Company's earnings per share if there were 2 million common shares outstanding during the year. Round your answer to two decimal places. (3 points)Step by Step Solution
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