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its profit Example Corporation Balance Sheet December 31, 2020 ASSETS LIABILITIES Current assets Cash and cash equivalents Short-term investments Accounts receivable - net Other receivables
its profit
Example Corporation Balance Sheet December 31, 2020 ASSETS LIABILITIES Current assets Cash and cash equivalents Short-term investments Accounts receivable - net Other receivables Inventory Supplies Prepaid expenses Total current assets $ 2,200 10,000 39,500 1,000 31,000 3.800 1,500 89,000 Current liabilities Short-term loans payable Current portion of long-term debt Accounts payable Accrued compensation and benefits Income taxes payable Other accrued liabilities Deferred revenues Total current liabilities $ 5,000 15,000 20,900 8,500 6.100 4.000 1,500 61,000 Investments 36,000 Long-term liabilities Notes payable Bonds payable Deferred income taxes Total long-term liabilities 20,000 375,000 25 000 420.000 Property, plant & equipment - net Land Land improvements Buildings Equipment Less accumulated depreciation Property, plant & equipment-net 5,500 6,500 180,000 201,000 (56.000) 337.000 Total liabilities 481.000 Commitments and contingencies we note STOCKHOLDERS' EQUITY Intangible assets Goodwill Other intangible assets Total intangible assets 105,000 200.000 305,000 Common stock Retained earnings Accum other comprehensive income Less: Treasury stock Total stockholders' equity Total liabilities & stockholders' equity Other assets 3.000 $ 770,000 110,000 220,000 9,000 (50,000) 289,000 S770.000 Total assets The companying och are segral part of the statement Required: Calculate the Profitability, Liquidity and Risk ratios and comments on the performance of the company. Example Corporation Balance Sheet December 31, 2020 ASSETS LIABILITIES Current assets Cash and cash equivalents Short-term investments Accounts receivable - net Other receivables Inventory Supplies Prepaid expenses Total current assets $ 2,200 10,000 39,500 1,000 31,000 3.800 1,500 89,000 Current liabilities Short-term loans payable Current portion of long-term debt Accounts payable Accrued compensation and benefits Income taxes payable Other accrued liabilities Deferred revenues Total current liabilities $ 5,000 15,000 20,900 8,500 6.100 4.000 1,500 61,000 Investments 36,000 Long-term liabilities Notes payable Bonds payable Deferred income taxes Total long-term liabilities 20,000 375,000 25 000 420.000 Property, plant & equipment - net Land Land improvements Buildings Equipment Less accumulated depreciation Property, plant & equipment-net 5,500 6,500 180,000 201,000 (56.000) 337.000 Total liabilities 481.000 Commitments and contingencies we note STOCKHOLDERS' EQUITY Intangible assets Goodwill Other intangible assets Total intangible assets 105,000 200.000 305,000 Common stock Retained earnings Accum other comprehensive income Less: Treasury stock Total stockholders' equity Total liabilities & stockholders' equity Other assets 3.000 $ 770,000 110,000 220,000 9,000 (50,000) 289,000 S770.000 Total assets The companying och are segral part of the statement Required: Calculate the Profitability, Liquidity and Risk ratios and comments on the performance of the company Step by Step Solution
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