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I need help with the following: 1) Requirement 8 2) Requirement 9 3) Requirement 10 4) Requirement 11 5) Requirement 12 8 10 11 12
I need help with the following:
Please enter what each of the ratio results from Spreadsheet 11 mean for the company. REQUIREMENT \#2. Fost the Marchiournal entries to the following T-Acosounks and compute ending es. Requirement : 11: Ratios Using the data from inoome Statement and Balance Sheet prepared by you in step 7 compute the followina ratios. Current Patio Formule Curtentassers i Current Liabilities Leverage Ratio Formula A. We age Total As fets / A.verage Common Stockholders' Equity Asset Turnover Ratio Formula Ner sales average Toral issers Nex Profit Margin Ratios Finula Netincome. Preferred Dividendsi Net Sales Computation = Computation = Computation = Computation = Computation x x Computation = A B Requirement \#10: Prepare a post-closing trial balance as of March 31 in the space below. Howard's Flight Radio Management Corporation Post-Closing Trial Balance March 31 Accouni Account Balance Number Title \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Balance } \\ \hline Debif & Credit \\ \hline & \\ \hline & \\ & \\ \hline & \\ \hline \end{tabular} Requirement 38 : Ptepare the closing entries at March 31 in the General Joumal below. Hint: Use the balances for each occount which appear on the Adjusfed Trial Balance for your closing entries. Requirement *9: Post the closing entries to the T-Accounts on the General Ledger worksheet and compute ending balonces. Just odd to the odjusted balances already listed. Please enter what each of the ratio results from Spreadsheet 11 mean for the company. REQUIREMENT \#2. Fost the Marchiournal entries to the following T-Acosounks and compute ending es. Requirement : 11: Ratios Using the data from inoome Statement and Balance Sheet prepared by you in step 7 compute the followina ratios. Current Patio Formule Curtentassers i Current Liabilities Leverage Ratio Formula A. We age Total As fets / A.verage Common Stockholders' Equity Asset Turnover Ratio Formula Ner sales average Toral issers Nex Profit Margin Ratios Finula Netincome. Preferred Dividendsi Net Sales Computation = Computation = Computation = Computation = Computation x x Computation = A B Requirement \#10: Prepare a post-closing trial balance as of March 31 in the space below. Howard's Flight Radio Management Corporation Post-Closing Trial Balance March 31 Accouni Account Balance Number Title \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Balance } \\ \hline Debif & Credit \\ \hline & \\ \hline & \\ & \\ \hline & \\ \hline \end{tabular} Requirement 38 : Ptepare the closing entries at March 31 in the General Joumal below. Hint: Use the balances for each occount which appear on the Adjusfed Trial Balance for your closing entries. Requirement *9: Post the closing entries to the T-Accounts on the General Ledger worksheet and compute ending balonces. Just odd to the odjusted balances already listed 1) Requirement 8
2) Requirement 9
3) Requirement 10
4) Requirement 11
5) Requirement 12
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