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Cash $30,000 $25,000 Marketable securities 20,000 25,000 Accounts receivable (net) 40,000 25,000 Inventory 60,000 55,000 Prepaid expenses 16,000 10,000 Property, plant, and equipment 234,000 200,000
Cash | $30,000 | $25,000 | |
Marketable securities | 20,000 | 25,000 | |
Accounts receivable (net) | 40,000 | 25,000 | |
Inventory | 60,000 | 55,000 | |
Prepaid expenses | 16,000 | 10,000 | |
Property, plant, and equipment | 234,000 | 200,000 | |
Total assets | $400,000 | $340,000 | |
Liabilities and Stockholders' Equity | |||
Current liabilities | $60,000 | $50,000 | |
Long-term liabilities | 100,000 | 90,000 | |
Stockholders' equity | 240,000 | 200,000 | |
Total liabilities and stockholders' equity | $400,000 | $340,000 | |
Anders Corporation | |||
Income Statement | |||
Net sales | $250,000 | $150,000 | |
Cost of goods sold | 120,000 | 80,000 | |
Gross margin | $130,000 | $70,000 | |
Selling and administrative expenses | $16,000 | $10,000 | |
Interest expense | 8,000 | 5,000 | |
Income taxes expense | 26,000 | 15,000 | |
Net income | $ 80,000 | $ 40,000 |
What is profit margin?
What is accounts receiveable turnover
inventory turnover?
return on assets?
asset turnover?
current ratio?
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