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do not use excel urgent please 2020 Dojitec Inc. Comparative Balance Sheets April 30 Assets 2021 Current Assets Cash $67000 Short Term Investments 29500 Accounts
do not use excel urgent please 2020 Dojitec Inc. Comparative Balance Sheets April 30 Assets 2021 Current Assets Cash $67000 Short Term Investments 29500 Accounts Receivable 56900 Inventory 102,300 Long Term Assets Long term Investments 97,000 Equipment 198,000 Accumulated depreciation- (50000) equipment Total $500,700 $42980 22500 47500 90650 103000 215000 (48000) $473,630 $85,300 26700 $55400 15000 Current Liabilities Accounts Payable Accrued Expenses payable Long Term Liabilities Bonds Payable Stockholders' Equity Common Stock Retained Earnings Total 98,000 80,000 125,000 165,700 $500,700 165500 157,730 $473,630 Dojitec Inc. Income Statement For the Year Ended April 30, 2021 Sales Revenue Less: Sales Returns and Allowances Net Sales Cost of Goods Sold Gross Profit Operating Expenses excluding depreciation Depreciation Expense Income Tax Expense $298,705 35.000 263,705 111,153 152,552 71,907 30,955 28,220 13500 Interest expense Loss on disposal of plant assets Net Income 0 7970 [8] Instructions: Compute the following ratios for 2020 using the data given above. a) Current ratio b) Average Collection Period c) Debt to assets d) Asset Turnover
do not use excel
urgent please
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