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I need help figuring out how to solve the blank yellow boxes preferrably with work shown how to please. Calculate the ratios and answer the
I need help figuring out how to solve the blank yellow boxes preferrably with work shown how to please.
Calculate the ratios and answer the questions below. Add more space to the yellow boxes if you need to. Joshua \& White Technologies: December 31 Balance Sheets (Thousands of Dollars) \begin{tabular}{|l|r|r|} \hline Assets & 2019 & 2018 \\ \hline Cash and cash equivalents & $21,000 & $20,000 \\ \hline Short-term investments & 3,759 & 3,240 \\ \hline Accounts Receivable & 52,500 & 48,000 \\ \hline Inventories & 84,000 & 56,000 \\ \hline Total current assets & $161,259 & $127,240 \\ \hline Net fixed assets & 223,097 & 200,000 \\ \hline Total assets & $384,356 & $327,240 \\ \hline \end{tabular} Liabilities and equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained Earnings Total common equity Total liabilities and equity \begin{tabular}{|r|r|} \hline$33,600 & $32,000 \\ \hline 12,600 & 12,000 \\ \hline 19,929 & 6,480 \\ \hline$66,129 & $50,480 \\ \hline 67,662 & 58,320 \\ \hline$133,791 & $108,800 \\ \hline 178,440 & 178,440 \\ \hline 72,125 & 40,000 \\ \hline$250,565 & $218,440 \\ \hline$384,356 & $327,240 \\ \hline \end{tabular} Joshua \& White Technologies December 31 Income Statements (Thousands of Dollars) a. Has Joshua \& White's liquidity position improved or worsened? Explain. b. Has Joshua \& White's ability to manage its assets improved or worsened? Explain. c. How has Joshua & White's profitability changed during the last year? Calculate the ratios and answer the questions below. Add more space to the yellow boxes if you need to. Joshua \& White Technologies: December 31 Balance Sheets (Thousands of Dollars) \begin{tabular}{|l|r|r|} \hline Assets & 2019 & 2018 \\ \hline Cash and cash equivalents & $21,000 & $20,000 \\ \hline Short-term investments & 3,759 & 3,240 \\ \hline Accounts Receivable & 52,500 & 48,000 \\ \hline Inventories & 84,000 & 56,000 \\ \hline Total current assets & $161,259 & $127,240 \\ \hline Net fixed assets & 223,097 & 200,000 \\ \hline Total assets & $384,356 & $327,240 \\ \hline \end{tabular} Liabilities and equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained Earnings Total common equity Total liabilities and equity \begin{tabular}{|r|r|} \hline$33,600 & $32,000 \\ \hline 12,600 & 12,000 \\ \hline 19,929 & 6,480 \\ \hline$66,129 & $50,480 \\ \hline 67,662 & 58,320 \\ \hline$133,791 & $108,800 \\ \hline 178,440 & 178,440 \\ \hline 72,125 & 40,000 \\ \hline$250,565 & $218,440 \\ \hline$384,356 & $327,240 \\ \hline \end{tabular} Joshua \& White Technologies December 31 Income Statements (Thousands of Dollars) a. Has Joshua \& White's liquidity position improved or worsened? Explain. b. Has Joshua \& White's ability to manage its assets improved or worsened? Explain. c. How has Joshua & White's profitability changed during the last year Step by Step Solution
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