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ID: A Namez Class: Date: Ratios Final Problem 1. Comparative information taken from the Aster Company financial statementsis the Aster Company financial statements is shown

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ID: A Namez Class: Date: Ratios Final Problem 1. Comparative information taken from the Aster Company financial statementsis the Aster Company financial statements is shown below (a) Notes receivable s 10,000 S 0- (e) Retained earnings (d) Sales (c) Operating expenses (t Income taxes payable Instructions 30,000(40,000) 830,000 750,000 170,000 200,000 25,00020,000 singzal analysis, show the perceatage change from 2007 to 2008 with 2007 as the base year. 2 The following data are taken from the balance sheet at the end of the current year. Determine the (a) working capital, (b) current ratio, and (o) Quick or acid-test ratio. Present figures used in your computations ratios to the nearest tenth. Accounts payable Accounts receivable Accrued liabilities Cash Income tax payable Inventory Marketable securities Notes payable, short-term Prepaid expenses $145,000 110,000 4,000 10,000 140,000 250,000 85,000 15,000

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