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. |
Calculate the number of days' sales in accounts receivable. Use 365 days of the year. (Round your answer to 1 decimal place.)____________ The answer is NOT: 111 / 3.58 / 3.578
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.)______________ The answer is NOT: .56
Calculate the Debt/equity ratio. (Round your answer to 1 decimal place.)______________The answer is NOT: 1.28 / 1.21 / 1.406
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): ___________ The answer is NOT: 7300 / 500 / 10500
PLEASE HELP!!! I AM SO CONFUSED
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