Question
Hi could you please help find current liabilities & ROE with this information? thank U Accounting Group Project Revenue for 2017 = $5,647,224 Revenue for
Hi could you please help find current liabilities & ROE with this information? thank U
Accounting Group Project Revenue for 2017 = $5,647,224 Revenue for 2016 = $5,996,458 Int. Expense for 2017 = $31,004 Int. Expense for 2016 = $29,670 Assets for 2017 = $9,972, 672 Assets for 2016 = $9,890,240 Liabilities for 2017 = $8,128,395 Liabilities for 2016 = $7,970,082 Equity for 2017 = $1,844,277 Equity for 2016 = $1,920,158 EBIT for 2017 = $891,263 EBIT for 2016 = $1,048,936 Interest coverage = earnings before interest and taxes / interest expenses
Year 2017 Year 2016 891,263/ 31,004 1,048,936/ 29,670 = 28.75 = 35.35 Debit to assets = total liabilities / total assets Year 2017 Year 2016 8,128,395/ 9,972,672 7,970,082/ 9,890,240 = 0. 82 = 0.81 Debit to equity = total liabilities / total equity Year 2017 Year 2016 8,128,395/ 1,844,277 7,970,082/ 1920,158 = 4.41 =
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