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Help calculating these ratios (CAUSAL RATIOS) . Use Balance Sheet as well and Income Statement to calculate years 1-4. Balance Sheet Year 1 Year 2
Help calculating these ratios (CAUSAL RATIOS) . Use Balance Sheet as well and Income Statement to calculate years 1-4.
Balance Sheet Year 1 Year 2 Year 3 Year 4 Assets $121,000 $174,000$195,000 $174,800 314,000 356,000 465,000 537,000 647,000 790,000 1,008,000 973,200 1,082,000 1,320,000 1,668,000 1,685,000 462,000 586,000689,000 720,200 107,000 119,000127,000 154,400 $1,651,000 $2,025,000 $2.484,000 $2,559,600 Cash Recervables Inventory Total Current Assets Net Plant Miscellaneous Assets Total Assets Liabilities and Equity Accounts Payable Other Current Liabilities Total Current Liabilities $70,000 $152,000 $246,000$245,300 235,000 269,000350,000 367,500 305,000 421,000 596,000 612,800 124,000 287,000457,000 460,400 71,400 10,500 475,000 769,000 1,132,500 1,155,100 1,176,000 1,256,000 1,351,500 1,404,500 $1,651,000 $2,025,000 $2,484,000 $2.559,600 Long-Term Debt Deferred Taxes Other Lia bilities Total Liabilities 25,700 45,800 53,800 20,300 15,200 25,700 Net Worth Total L & EStep by Step Solution
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