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Lesson 2: Financial Statements 1) What is the proper sequence for accounts listed in the chart of accounts? Put them in order. Revenue, Assets, Expenses,

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Lesson 2: Financial Statements 1) What is the proper sequence for accounts listed in the chart of accounts? Put them in order. Revenue, Assets, Expenses, Equity, Liabilities 9.09 Points Saved 1. Liabilities 2. Revenue 3. Expenses 4. Assets 5. Equity Current Assets $1020834 Total Assets $1867680 Current Liabilities $ 376178 Total Liabilites $527216 Net Income $400019 Net Cash Provided by Operating Activities $464270 Capital Expenditures $250407 Dividends paid on Common Stock $80796 Weighted Avg shares Outstanding $216119 Please use the above information to calculate ratios below. Luidle i LIUs Velow. 2) Calculate the Current Ratio. 9.09 Points Saved 2.71 3) Calculate the Earnings Per Share. 9.09 Points 4) Calculate the Debt to Assets Ratio. 9.09 Points 5) Calculate the Free Cash Flow. 9.09 Points 6) Based on ratios calculated above is there a significant increase or decline in solvency? Please answer with either increase or decline only. 9.09 Points TUY LUSUS - 5) Calculate the Free Cash Flow. 9.09 Points 6) Based on ratios calculated above is there a significant increase or decline in solvency? Please answer with either increase or decline only. 9.09 Points 7) Calculate the Working Capital. 9.09 Points

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