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Hansons Hoses Income Statement For the Year End December 31, 2013 Net Revenues Cost of Goods Sold Gross Profit Operating Expenses Net Income Note: Hanson
Hansons Hoses Income Statement For the Year End December 31, 2013 Net Revenues Cost of Goods Sold Gross Profit Operating Expenses Net Income Note: Hanson Hoses Statement of Shareholders Equity For the Year End December 31, 2013 Balance January 1, 2012 Stock Issuance Net Income Balance December 31, 2013 Capital 100000 20000 120000 The number of shares outstanding in 2012 was: The number of shares outstanding in 2013 is: No dividends were issued in either year. 2013 600000 430000 170000 35000 135000 Retained Earnings 140000 135000 275000 2012 624000 438000 186000 40000 146000 Total 240000 20000 135000 395000 20000 2000 Current Assets Cash Accounts Recievable Inventory Investment Fund Intangibles Plant Property and Equipment Trucks Equipment Hansons Hoses Balance Sheet December 31, 2013 Land Building Patents Total Assets Current Liabilities Assets Long Term Liabilities Total Liabilities Salaries Payable Accounts Payable Current Portion of Mortgage Payable Equity Common Shares Retained Earnings Total Equity Mortgage payable Liabilities and Equity * Total Liabilities and Equity 2013 13000 26000 54000 25000 118000 22000 75000 40000 100000 237000 97000 452000 15000 19000 3000 37000 20000 57000 120000 275000 395000 452000 * Plant Property and Equipment are reported net of amortization 2012 11000 17000 43000 20000 91000 30000 70000 40000 100000 240000 6000 337000 12000 22000 3000 37000 60000 97000 100000 140000 240000 337000 Required: Complete the following ratios for the 2013 fiscal year, write the ratio calculation below the ratio name then enter calculation in the blank cell beside. These are provided s starting in cell 03: Current Ratio Quick Ratio Cash Ratio Cash Conversion Cycle Gross Profit Margin Return on Assets Return on Equity Debt to Equity Ratio Earnings per Share
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