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Clouston Container Corporation reports the following data in its December 31, 2019 Financial Statements: Sales = $225,000 Current Assets = $50,000 Long-Term Assets = $130,000
Clouston Container Corporation reports the following data in its December 31, 2019 Financial Statements:
Sales = $225,000 Current Assets = $50,000
Long-Term Assets = $130,000 Current Liabilities = $33,000
Long-Term Liabilities = $52,000 Net Income = $11,250
- Compute Owners Equity_____________________________
- Compute the Current Ratio___________________________
- Complete Debt-to-Equity Ratio________________________
- Complete Return on Sales____________________________
- Complete Return on Owners Equity____________________
- Pick two of these ratios and discuss how this company is doing relative to the ratio.
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