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Having trouble with part 2 of this CORP A CORP B CORP C CORP D RATIOS 3/31/2012 2/28/2012 3/31/2012 3/31/2012 Current ratio 3.06 0.64 Debt
Having trouble with part 2 of this
CORP A CORP B CORP C CORP D RATIOS 3/31/2012 2/28/2012 3/31/2012 3/31/2012 Current ratio 3.06 0.64 Debt ratio 0.52 0.22 Answer the following questions using the Company Codes (A, B, C or D noted above). Which company primarily finances with liabilities? Which company primarily finances with contributed capital? Which company primarily finances with retained earnings? Which company is best able to pay their current liabilities as they come due? Which company has the higher financial risk? Question Completion Status: Company A 3/31/2012 Company B 2/28/2012 Company C 3/31/2012 Company D 3/31/2012 Amount CS% Amount CS% Amount CS% Amount CS% Current assets $ 234.9 10.8%$7,044.7 74.0% $ 3,366.9 31.1% $ 664,887.0 41.9% PPE, net 1,749.6 80.5% 1,598.4 16.8% 775.0 7.2% 0.0 0.0% Other assets 189.9 8.7% 875.1 9.2% 6,683.5 61.7% 921,314.0 58.1% TOTAL Assets $2,174.4 100.0% $9,518.2 100.0% $10,825.4 100.0% $1,586,201.0 100.0% Current liabilities 24.2 % 12.1 % 525.2 2,304.2 24.2% 1,309.4 1,036,041.0 65.3% LT liabilities 27.6 % 9.9 % 601.0 952.1 10.0% 1,070.9 435,742.0 27.5% 51.8 22 TOTAL Liab $1,126.2 % $3,256.3 34.2% $ 2,380.3 % $1,471,783.0 92.8% Cont Capital 14.9 % 1.2 404.7 18.6% 1,420.5 6,624.1 61.2% 18,174.0 49.6 % RE 7.6 1,544.1 71.0% 4,718.8 3,126.0 28.9% 120,703.0 Other SE 1.3 % -1.5 (900.6) (41.4% 122.6 (1,305.0) (12.1)% (24,459.0) 65.8 7.2 TOTAL SE $1,048.2 48.2% $6,261.9 $ 8,445.1 78.0% $ 114,418.0Step by Step Solution
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