Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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,
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
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started