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Chrome File Edit View History Bookmarks People Tab Window Help SF Online SF Online Grades for KEIOAN Connect The Call to Negro X eztomheducation.com/ext/map/index.html?_con conexternal

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Chrome File Edit View History Bookmarks People Tab Window Help SF Online SF Online Grades for KEIOAN Connect The Call to Negro X eztomheducation.com/ext/map/index.html?_con conexternal browser=0&launchurahttps%253A%252F%252Fims.mheducation Chapter 12 Homework 3 The balance sheets for Company B and additional information are provided below. 2 points COMPANY B Balance Sheets December 31, Year 2 nd Year 1 Year 2 Year 1 eBook $ 170,200 $ 115,000 68,000 87,000 90,000 75,000 3.500 1,500 Mets Current assets Cash Accounts receivable Inventory Investments Long-term assets Land Bent Les mulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilitless Mecounts payable Interest payable Income tax payable Long-term liabilities: Notes payable stockholders wity Constek Based carnage Total abilities and stockholder ty 430,000 430,000 740,000 620,000 278.000) (218,000) $1,123,700 $1,110,500 94,000 80,000 5,500 11,500 7,500 4,500 100,000 200,000 650.000 650.000 266.700 166.500 31.123,700 $1,110,500 Additional information for Year 2 1. Net income is $102.200 2. Sales on account are $1348.500 Me G 28 esc 90 8 F od # 59 $ 2 3 4 5 6 & 7 8 9 Q W E R T Y c con external browser-Olaunchurahttp%253A%252F%252Fims.mheducation.com Chapter 12 Homework Saved 3 $ Liabilities and Stockholders' Equity Current liabilities Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity Common stock Retained earning Total liabilities and stockholders' equity 94,000 5,500 7,500 80,000 11,500 4,500 2 points 100,000 200,000 Book 650,000 650,000 266,200 164,500 $1,123,700 $1,110,500 Het Additional information for Year 2 1. Net income is $102,200 2. Sales on account are $1348,500 3. Cost of goods sold is $1056,000 Required: 1. Calculate the following risk ratios for Year 2(Round your answers to 1 decimal place.) times Risk Ratios Rochestumover ratio b. Inventory umover ratio e Current Actes . Detta times 11 to 1 Me > 28 ic MacBook Pro So od bu S 2 3 4 % 5 6 7 8 9 Q 0 W E R T Y U 0 S D F G H

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