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ement goods atin You are an analyst reviewing Kean Company. The following data are available for your financial analysis (unless otherwise indicated, all data
ement goods atin You are an analyst reviewing Kean Company. The following data are available for your financial analysis (unless otherwise indicated, all data are as of December 31, Year 2): Current ratio Accounts receivable turnover. Beginning accounts receivable. 2 10 Days' sales in inventory. Gross profit margin ratio 30 days 50% $30,000 Expenses (excluding cost of goods sold)..$400,000 Return on end-of-year common equity... 15% Sales (all on credit). Question 23 (Exhibit 2) Find the Net Income Total debt to equity ratio $1,100,000 Noncurrent assets. $200,000 Question 24 (Exhibit 2) Find Total Equity Question 25 (Exhibit 2) Find Total Debt Question 26 (Exhibit 2) Find Total Debt Question 27 (Exhibit 2) Find Ending Balance of Accounts Receivable Question 28 (Exhibit 2) Find Ending Balance of the Inventory Question 29 (Exhibit 2) Find Current Assets Question 30 (Exhibit 2) Find Current Liabilities: Question 31 (Exhibit 2) Find Non-Current Liabilities Question 32 (Exhibit 2) Find the balance of the current asset account CASH
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