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Land Equipment 303,000 213,000 243,000 303,000 273,000 213,000 Less: Accumulated depreciation (106,500) (73,500) (45,000) Total assets $1,036,300 $913,800 $765,360 Liabilities and Stockholders' Equity Current
Land Equipment 303,000 213,000 243,000 303,000 273,000 213,000 Less: Accumulated depreciation (106,500) (73,500) (45,000) Total assets $1,036,300 $913,800 $765,360 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $161,400 $69,000 $120,260 Interest payable 9,900 Income tax payable Long-term liabilities: Notes payable 12,300 6,600 16,500 3,300 14,300 430,000 288,000 228,000 Stockholders' equity: Common stock 303,000 303,000 303,000 Retained earnings 119,700 230,700 96,500 Total liabilities and stockholders' equity $1,036,300 $913,800 $765,360 Problem 12-6A (Algo) Part 1 Required: 1. Assuming that all sales were on account, calculate the following risk ratios for 2024 and 2025: (Round your answers to 1 decimal place.) Receivables turnover ratio Inventory turnover ratio Current ratio Debt to equity ratio 2024 2025 times times times times % %
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