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I've posted this multiple times. I need help please Problem 19-1 Use the financial statements of Heifer Sports Inc. to find the information below for
I've posted this multiple times. I need help please
Problem 19-1 Use the financial statements of Heifer Sports Inc. to find the information below for Heifer. (Use 365 days a year. Round all answers to 2 decimal places except $ amounts.) Income Statemernt 2017 $ 5,780,00 3,062,000 304,500 1,630,000 783,500 Sales Cost of goods sold Depreciation Selling & admin. expenses EBIT Interest expense Taxable income 179,000 604,500 Taxes 276,200 Net income 328,300 Balance Sheet, Year-End Assets Cash 2017 2016 100,000 1,735,500 1,207,300 $ 3,042,800 7,140,N 10,182,800 40,000 582,000 432,100 $1,054,100 2,788,000 Accounts recefvable Inventory Total current assets Fixed assets 3,842,100 Total assets Liabilities and Stockholders Equity Accounts payable Shart-term debt 309,200 1,248,000 1,534,300 $ 2,782,300 6,132,500 se6,000 817,200 1,688,600 $ 2,505,800 Total current liabilities Long-term bonds Tatal liabilities 8,914,800 $ Camon stock 314,800 1,021,s00 $ 1,336,300 314,800 Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 953,200 $ 1,268,000 3,842,100 $ 10,182,800 e. Asset turnover ratio f. Interest coverage ratio gOperating profit margin h. Retun on equity j.Compound lewerage ration k. Net cash provided by operating activities Step by Step Solution
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