Question
Gerrard Construction Co. is an excavation contractor. The following summarized data (in thousands) are taken from the December 31, 2013, financial statements: At December 31,
Gerrard Construction Co. is an excavation contractor. The following summarized data (in thousands) are taken from the December 31, 2013, financial statements: At December 31, 2012, total assets were $82,000 and total stockholders' equity was $32,600. There were no changes in notes payable or paid-in capital during 2013.
This will be the third time that I have posted this. I am hoping that someone can help me.
Calculate the number of days' sales in accounts receivable. Use 365 days of the year.
(Round your answer to 1 decimal place.)_______________
Calculate the following financial leverage measures for Gerrard Construction Co. at December 31, 2013: |
Calculate the debt ratio. (Round your answer to 1 decimal place.) ________________ Calculate the Debt/equity ratio. (Round your answer to 1 decimal place.) __________ Calculate the amount of dividends declared and paid during the year ended December 31, 2013.(Enter your answer in thousands (i.e., 20,000 should be entered as 20)) ______________ Also. The following note disclosures that should be provided by Gerrard Construction Co. Can you verify that the Bold notes SHOULD be provided. - The effects of accounting changes Pension and post-retirement plans - Contingencies and commitments - Events subsequent to the balance sheet - Change in equity Number of employees - Gross profit & Net profit - Company's effective income tax rate Details of the company's employee benefit - Significant accounting policies - Earnings per share |
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