E12-22A (similar to) Question Help Evensen Furniture Company has asked you to determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2018. (Click the icon to view the financial statement data.) Read the requirement. Calculate the following ratios for 2018 and 2017. Round your answers to two decimal places, a. Net working capital Select the formula and then enter the amounts to calculate the working capital for 2018 and 2017 Current assets Current abilities Not working capital 2018 S 424.000 227.000 197.000 2017 $ 502.000 332 000 $ 170.000 b. Current ratio Choose from any list or enter any number in the input fields and then click Check Answer A parts 4 remaining Clear A Check Answer Type here to search 11:01 PM 4/13/202019 *3 14 15 16 17 18 9 'o . 1* bockas Data Table Cash. .. $ Short-term investments Net receivables.. Inventory.......... Prepaid expenses 2018 2017 22,000 $ 74,000 27,000 19,000 120,000 130,000 236,000 272,000 19,000 7,000 510,000 520,000 227,000 332,000 57,000 104,000 192,000 155,000 39,000 49,000 Total assets Total current liabilities. Long-term debt.. Income from operations Interest expense. Print Done i Requirement 1. To answer this question, calculate the following ratios for 2018 and 2017. Round your answers to two decimal places. a. Net working capital b. Current ratio C. Quick (acid-test) ratio d. Debt ratio e. Times-interest-earned ratio Summarize the results of your analysis. Print Done Clear All Evensen Furniture Company has asked you to determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2018 FTA (Click the icon to view the financial statement data.) Read the requirement Calculate the following ratios for 2018 and 2017. Round your answers to two decimal places a. Not working capital Select the formula and then enter the amounts to calculate the working capital for 2018 and 2017 Current assets Current liabilities Net working capital 2018 $ 424,000 227,000 197,000 2017 $ 502.000 332.000 170,000 b. Current ratio Choose from any list or enter any number in the input fields and then click Check Answer A parts 4 remaining Clear AL Check Answer Type here to search 1102 PM 4/13/2020 sert DSC + backspace hove E12-22A (similar to) Question Help Evensen Furniture Company has asked you to determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2018 (Click the icon to view the financial statement data) Read the requirement b. Current ratio Select the formula and then enter the amounts to calculate the current ratio for 2018 and 2017 (Round the ratios to two decimal places, XOXOC.) Current assets Current is - Current ratio 227,000 24,000 187 2018 2017 $ 502,000 $ 332.000 151 c. Quick (acid-test) ratio Select the formula and then enter the amounts to calculate the quick (acid-test) ratio for 2018 and 2017. (Abbreviations used Avg - average Cash-cash and cash equivalents. Os operations and ST short-term. Round the ratios to two decimal places, XXX) Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear All A parts 4 remaining 4/11/2020 ype here to search hp XL12 LLIURO 2018. Evensen Furniture Company has asked you to determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during Click the icon to view the financial statement data) Read the requirement. 2018 S 424,000 2017 S 502,000 $ I $ 227.000 332,000 1.51 c. Quick (acid-test) ratio. Select the formula and then enter the amounts to calculate the quick (acid-test) ratio for 2018 and 2017. (Abbreviations used Avg equivalents, Ops = operations, and ST short-term. Round the ratios to two decimal places, XXX.) average, Cash cash and cash 2018 2017 Choose from any list or enter any number in the input fields and then click Check Answer A parts Clear All Check Answer a remaining 11:03 PM 4/13/2020 te here to search (hp NEXT QUESTION Financial statement data of Greatland Engineering include the following items: (Click the icon to view the financial statement data) Read the requirements Requirement 1. Calculate Greatland's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places Start by determining the formula for each ratio, beginning with the current ratio, followed by the debt ratio, and then earnings per share Current assets Current labi Current ratio Total liabilities Total assets Debt ratio Net income Preferred dividends Common shares outstanding Earnings per share Now compute Greatland's current ratio, debt ratio, and earnings per share. (Round all ratios to two decimal places) Nort Enter any number in the edit fields and then click Check Answer b Check Answer ing Type here to search OBIS @ 39. 9 1104 PM 4/11/2020 hp QWERTYUTO PISMO ..$ Cash. Short-term investments Accounts receivable, net Inventories.... Prepaid expenses. Total assets. Short-term notes payable.. 26,000 Accounts payable ..........$ 36,000 Accrued liabilities 85,000 Long-term notes payable. 147,000 Other long-term liabilities 6,000 Net income.. 677,000 Number of common 49,000 shares outstanding 107,000 32,000 163,000 34,000 99,000 46,000 Print Done Clear All Ch chuits 1. Calculate Greatland's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. Calculate the three ratios after evaluating the effect of each transaction that follows. Consider each transaction separately. a. Borrowed $105,000 on a long-term note payable b. On January 1, Issued 40,000 shares of common stock, receiving cash of $360,000 C. Paid off short-term notes payable, $28,000 d. Purchased $43,000 of merchandise on account, debiting Inventory Received cash on account, $17,000 Print Done Clear All Financial statement data of Greatland Engineering include the following items Click the icon to view the financial statement data) Read the girements Requirement 1. Calculate Greattand's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places Start by determining the formula for each ratio, beginning with the current ratio, followed by the debt ratio, and then earnings per share. Current assets Current liabilities Current ratio Debt ratio Total assets Total liabilities Not income Preferred dividends ) Common shares outstanding - Earnings per share Now compute Greatland's current ratio, debt ratio, and earnings per share. (Round all ratios to two decimal places) Nasi minnenarcha Enter any number in the edit fields and then click Check Answer Check Answer Clear All parts 5 remaining 11:04 PM 4/11/2020 Type here to search Financial statement data of Greatland Engineering include the following items: Click the icon to view the financial statement data) Read the requirements Start by determining the formula for each ratio, beginning with the current ratio, followed by the debt ratio, and then earnings per share. Current assets Current abilities - Current ratio Debt ratio Total assets Total liabilities Net income Preferred dividends ) Common shares outstanding - Earnings por share Now compute Grand's current ratio debt ratio, and earnings per share. (Round all ratios to two decimal places) Current ratio Debt ratio Earnings per share Enter any number in the edit fields and then click Check Answer Check Answer Clear AB remaining 1104 PM 4/11/2020 Type here to search hp sert SC NEXT QUESTION Evensen Furniture Company has asked you to determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2018. Click the icon to view the financial statement data.) "Test Read the requirement. Calculate the following ratios for 2018 and 2017. Round your answers to two decimal places a. Net working capital Select the formula and then enter the amounts to calculate the working capital for 2018 and 2017 Current assets Current liabilities = Networking capital 2018 $ 424,000 $ 227.000 = $ 197,000 2017 $ 502,000 - S 332.000 - $ 170,000 b. Current ratio. Choose from any list or enter any number in the input fields and then click Check Answer. A parts 4 remaining Clear All Check Answer P12.56A similar 2012 Type here to search 11:24 PM 4/13/2020 olo 5 e backspace Cash...... $ Short-term investments ......... Net receivables. Inventory. 2018 2017 22,000 $ 74,000 27,000 19,000 120,000 130,000 236,000 272,000 19,000 7,000 510,000 520,000 227,000 332,000 57,000 104,000 192,000 155,000 39,000 49,000 mo Prepaid expenses .. Total assets .... Total current liabilities.. Long-term debt. Income from operations ... Interest expense....... umb Print Done Check Answer X S12-13 imilar to (0/5) (book/static/033/2) ORIS e @ 997 9, hp 1. To answer this question, calculate the following ratios for 2018 and 2017 Round your answers to two decimal places. a. Net working capital b. Current ratio c. Quick (acid-test) ratio d. Debt ratio e. Times-interest-earned ratio Summarize the results of your analysis. Print Done y nu Clear All Check Answer 12-13 book/static (0.33/22 A (similar to (0/5) ' o e 99+ 9 hp c. Quick (acid-test) ratio. Select the formula and then enter the amounts to calculate the quick (acid-test) ratio for 2018 and 2017 (Abbreviations used: Avg - average, Cash equivalents, Ops = operations, and ST = short-term. Round the ratios to two decimal places, XXX) cash and cash Quick ratio 2018 2017 ( ( Choose from any list or enter any number in the input fields and then click Check Answer 4 parts remaining Clear All Check Answer P12.56Asim S STZETS h ankittiin 2212 e here to search O BI e . O 1126 PM 4/13/2020 op NEXT QUESTION Financial statement data of Greatland Engineering include the following items: (Click the icon to view the financial statement data) Read the requirements Test Requirement 1. Calculate Greatland's current ratio, debt ratio, and earnings por share. Round all ratios to two decimal places Start by determining the formula for each ratio, beginning with the current ratio, followed by the debt ratio, and then earnings per share. Current assets Current liabilities Current ratio Total abities Total assets Debt ratio Not income Preferred dividends Common shares outstanding Eamings per share Now compute Gretland's current ratio, debt ratio, and earnings per share. (Round al ratios to two decimal places) Tastin E inne marchar Enter any number in the edit fields and then click Check Answer 5 parts remaining Check Answer .33/23 STATS P1256A similar ORL 2 Type here to search 199 1127 PM 4/11/2020 (hp @2 backspace Tome .. $ .$ Cash Short-term investments Accounts receivable, net Inventories Prepaid expenses. Total assets.... Short-term notes payable. 26,000 Accounts payable...... 36,000 Accrued liabilities ... 85,000 Long-term notes payable. 147.000 Other long-term liabilities 6,000 Net income .... 677,000 Number of common 49,000 shares outstanding 107,000 32,000 163,000 34,000 99,000 46,000 curre Print Done edit fi Check Answer Clear All % 12-15 33723 P12.56A (similar to o 5) & honkistatic S e 99+ hp 1. Calculate Greatland's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. 2. Calculate the three ratios after evaluating the effect of each transaction that follows. Consider each transaction separately a. Borrowed $105,000 on a long-term note payable b. On January 1, Issued 40,000 shares of common stock, receiving cash of $360,000 C. Paid off short-term notes payable, $28,000 d. Purchased $43,000 of merchandise on account, debiting Inventory e. Received cash on account, $17,000 E Print Done Clear All Check Answer 7 56A (similar to 105 o 12-13 tbrook static 0.22/21 S e 1991 hp Financial statement data of Greatland Engineering include the following items: (Click the icon to view the financial statement data.) Read the requirements Start by determining the formula for each ratio, beginning with the current ratio, followed by the debt ratio, and then earnings per share. Current assets Current liabilities Current ratio Total abilities Total assets Debt ratio Net income - Preferred dividends )! Common shares outstanding - Earnings por share Now compute Greatland's current ratio, debt ratio, and earnings per share. (Round all ratios to two decimal places) Current ratio Debt ratio Earnings per share Enter any number in the edit fields and then click Check Answer 5 parts remaining Clear All Check Answer X STZ-TS P12.56A similar to thankstation 2/ O Rise here to search A 1128 PM 4/13/2020 (hp backspace