Question
I just need some examples of how to prepare these statements to prepare my project a. Prepare a full set of financial statements for the
I just need some examples of how to prepare these statements to prepare my project
a. Prepare a full set of financial statements for the company using the trial balance this means a Balance Sheet as of December 31, 20XX, as well as an Income Statement, Statement of Stockholders Equity, and Statement of Cash Flows for the year ended December 31, 2019.
b. Prepare the following ratios based on companys final balances, and prepare brief comments on what these ratios mean:
c. Return on Equity
d. Debt to Equity
e. Current Ratio
f. Net Operating Profit Margin
g. Gross Profit Margin
h. Times interest earned
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