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how do I formulate the question lol I'm lost DO IT! 2-2 Compute ratios and analyze. (LO 2), AP The following information is available for
how do I formulate the question lol I'm lost
DO IT! 2-2 Compute ratios and analyze. (LO 2), AP The following information is available for Nguoi Corporation. 2017 2016 s 54,000 36,000 Current assets Total assets 205,000 240,000 IC. 30,000 22,000 Current liabilities 7 100,000 72,000 Total liabilities 00 40,000 000 80,000 Net income 000 ,000 56,000 90,000 Net cash provided by operating activities 6,000 6,000 0,000 Preferred dividends 1,500 3,000 0,000 Common dividends 12,000 27,000 LO,00 5,00 Expenditures on property, plant, and equipment 30,000 40,000 Shares outstanding at beginning of year 40,000 75,000 45,0 Shares outstanding at end of year (a) Compute carnings per share for 2017 and 2016 for Nguoi, and comment on the change. Nguoi's primary competitor, Matisse Corporation, had earnings per share of $1 per share in 2017. Comment on the difference in the ratios of the two companies. (b)Compute the current ratio and debt to assets ratio for each year, and comment on the changes. (c) Compute free cash flow for each year, and comment on the changes. DO IT! 2-3 Identify financial accounting concepts and principles. (LO 3), K The following characteristics, assumptions, principles, and constraint guide the FASB when it creates accounting standards. Relevance Faithful representation 60, 120 Comparability Consistency Monetary unit assumption Economic entity assumption Periodicity assumption Going concern assumption Historical cost principle Full disclosure principle Materiality Cost constraint Match each item above with a description belowStep by Step Solution
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