Inc. Follow Balance Shot Income Statement Manfield. Ine. Comparative Income Statement Year Ended December 31, 2018 and 2017 2018 2017 Manfield, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2011 2015 Assets $ 450.000 $ 423,000 240,000 217,000 23.000 95,000 $ 113,000 219.000 134.000 205.000 132.000 Current Assets Cash Accounts Receivables, Net Merchandise Inventory Prepaid Expenses Total Current Assets Property Plantandement Net 150.000 14.000 Net Sales Revenue Cost of Goods Sold Gross Pro Operating Experte Income From Operations interest Expense Income Before Income Tax Income Tax Expense Net Income 118.000 $ 500,000 160.000 205,000 9,000 74.000 85.000 14.000 380.000 17.000 372.000 212.000 181.000 71.000 9000 57.000 25.000 $ Total Assets 584,000 $ 561.000 5601,000 $ 52. $ 32,000 Liabies Total Current Long term Total Lab $ 229.000 $ 247.000 122.000 94.000 Print Done 341 000 in the input fields and then continue to the next Question Print Done MacBook Air $ % 5 & 7 3 6 8 9 E R T Y O P D G H C V B N. M command option Comparative financial statement data of Manfield, Inc. follow: Click the icon to view the income statement.) (Click the icon to view the balance sheet.) (Click the Read the requi Requirement 1a. Compute the current ratios for 2018 and 2017. Begin by selecting the formula to compute the current ratio. Current ratio Now, compute the current ratios for 2018 and 2017. (Round your answers to two decimal places, X.XX.) 2018 2017 Requirement 1b. Compute the cash ratios for 2018 and 2017. Begin by selecting the formula to compute the cash ratio Cash ratio Now, compute the cash ratios for 2018 and 2017. (Round your answers to two decimal places, XXX) 2018 2017: Requirement 1c. Compute the times interest-earned ratios for 2018 and 2017. Begin by selecting the formula to compute the times-interest-eared ratio Times-interest-eamed ratio Choose from any list or enter any number in the input fields and then continue to the next question MacBook Air esc Bo FI ODO DDD F2 F3 # 3 2 $ 4 % 5 & 7 6 (Click the icon to Comparative financial statement data of Manfield, Inc. follow Click the icon to view the income statement.) (Click the icon to view the balance sheet.) Read the requirement www Now, compute the times interest eamed ratios for 2018 and 2017. (Round your answers to two decimal places, XOX.) 2018 2017 Requirement 1d. Compute the inventory tumover ratios for 2018 and 2017 Begin by selecting the formula to compute the inventory turnover ratio. Inventory turnover ratio - Now, compute the inventory turnover ratios for 2018 and 2017. (Round your answers to wo decimal places, Xox.) 2018 2017: Requirement te. Compute the gross proft percentage for 2018 and 2017 Begin by selecting the formula to compute the gross proft percentage Gross profit percentage Now, compute the gross proft percentage for 2018 and 2017. (Round your answers to cre tenth of a percent, XX%) 2018 % 2017 5 Choose from any Ist or enter any number in the input fields and then continue to the next question MacBook Air esc 10 FI 30 F3
