Question
Computer services revenue Net sales (of goods) Total sales and revenue Cost of goods sold Net income Quick assets $ 26,050 21,396 47,446 12,584 20,814
Computer services revenue Net sales (of goods) Total sales and revenue Cost of goods sold Net income Quick assets $ 26,050 21,396 47,446 12,584 20,814 89,984 Current assets 96,520 Total assets 123,624 Current liabilities 1,010 Total liabilities Total equity 1,010 122,614 Required: 1. Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. 2. Compute the current ratio and acid-test ratio. 3. Compute the debt ratio and equity ratio. 4. What percent of its assets are current? What percent are long term? Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3 Req 4 Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. (Round your percentage answers to 1 decimal place.) With Service Revenue Gross margin ratio % Net profit margin ratio % Without Service Revenue % Complete this question by Req 1 Req 2 Compute the current ratio and a Current ratio Acid-test ratio Complete this question by entering yo Req 1 Req 2 Req 3 Compute the debt ratio and equity ratio. (R Debt ratio % Equity ratio % Complete this question by entering your answers in Req 1 Req 2 Req 3 Req 4 What percent of its assets are current? What percent are lo Current assets % Long-term assets %
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