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i need an answer now please (2004) (2003) Cash $8,173 $12,597 64,778 Property and Equipment 27,559 4,900 3,267 Inventory Notes payable 4,200 4,752 Long-term debt
i need an answer now please
(2004) (2003) Cash $8,173 $12,597 64,778 Property and Equipment 27,559 4,900 3,267 Inventory Notes payable 4,200 4,752 Long-term debt 50,000 20,000 Account Receivables 2,315 3,750 Other Current Assets 3,103 3,250 Other Current Liabilities 6,965 5,871 Other Fixed Assets 1,636 4,798 375 15 Account Payable 237,800 256,500 Cost of Goods Sold Sales 339,490 302,503 Depreciation 5,775 4,321 10,000 5,700 Other expenses 5,000 4,980 Interest expenses Dividends 19,000 17,500 (Note: Tax Rate is 27%) attempt=1930878 cmid=162392&page=1 Account Payable 375 Cost of Goods Sold 237,800 Sales 339,490 Depreciation 5,775 Other expenses 10,000 Interest expenses 5,000 Dividends 19,000 (Note: Tax Rate is 27%) Q.1 What is the current ratio for 2004? Q.2 What is the cash ratio for 2004? Q.3 What is the debt ratio for 2004? Q.4 What is the days sales in invetory ratio for 2004? Q.5 What is the net return on asset ratio for 2004? Answer: The tax rates are as shown. Nevada Mining currently has taxable income of $97,800. How much additional tax will the firmowelt taxable income increases by $21,000? Taxable Income Tax Rate 0 - 50,000 15% 50,001 - 75,000 25% 75,001 - 100,000 34% 100,001 - 335,000 39% Select one: O a. $8,130 O b. $8,155 O c $8,170 d. $8,190 O e. $8,080 Given the tax rates as shown, what is the average tax rate for a firm with taxable income of $128,890 Step by Step Solution
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