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Hi! I'm needing help... What is the Current Ratio? Time Interest Earned? Days Sales Receivable? Debt to Equity? Sales Cost of goods sold Gross profit
Hi! I'm needing help...
What is the Current Ratio?
Time Interest Earned?
Days Sales Receivable?
Debt to Equity?
Sales Cost of goods sold Gross profit Selling and administrative expenses Operating income Other expenses $ 6,126,000 $ 3,702,500 $ 2,423,500 $ 1,788,000 $ 635,500 $ 6,394,000 $ 3,812,500 $ 2,581,500 1,788,000 $ 793,500 Interest expense $ $ 43,500 43,500 S S Income before income taxes 750,000 592,000 Income taxes S $ 150,000 118,400 $ 600,000 $ 473,600 Net Income Assets Cash $ 200,000 $ 205,000 $ 160,000 Marketable securities 175,000 Accounts receivable $490,000 $ 530,000 S $ Inventory 855,000 840,000 1,720,000 Total current assets $1,735,000 Property, plant, and equipment, net 1,460,000 3,195,000 1,450,000 3,170,000 Total assets Liabilities and stockholders' equity Accounts payable and accrued expenses $ 910,000 $ 910,000 $ 975,000 $ 975,000 Total current liabilities Notes payable & long term debt Total liabilities $ $S 95,000 92,500 $1,067,500 1,005,000 Common stock, $10 par value Additional paid-in capital Retained earnings Total stockholders' equity $ 65,000 55,000 100,000 $ 90,000 2,000,000 2,165,000 1,982,500 $ 2,127,500 Total liabilities and stockholders' equity 3,170,000 3,195,000
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