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Please do this one as requested and detailed. Compute and report the missing items in the Balance Sheet below. $296,000 $585,000 $1,735,000 Balance Sheet of
Please do this one as requested and detailed.
Compute and report the missing items in the Balance Sheet below. $296,000 $585,000 $1,735,000 Balance Sheet of OMCO Year-Ended 2018 Cash Accounts payable Accounts receivable $197.000 Notes payable Inventory $508,000 Current liabilities Current assets $984,000 Long-term debt Total liabilities Tangible net fixed $5.100.000 Shareholders' Equity assets Intangible net fixed $847,000 Common stock assets Accumulated retained earnings Total assets Total liabilities & owners' equity $610.000 A. If the company reported a net income of 1.085.090 USD over the same accounting period (i.e. 01.01.2018-31.12.2018); compute ROA, cash ratio and ROE. Comment briefly what these three financial ratios indicate in terms of the performance of the company. Short Exercises 1. If Quick Ratio is 0.4 and Current Ratio is 1.6; then the value of inventory is......? The ending balance of current liabilities as disclosed in the balance sheet for XMC Itd. is 250.000 USD. 2. Based on the Inventory figure obtained above, compute days' sales in inventory. Using the income statement of the firm, we retrieve the following information: COGS = 595.085 USD. Time Value of Money You are currently 18 years old. After 2 years you get $10,000 and you deposit it in an account that pays 8% interest until it becomes $50,000. How old will you be by that timeStep by Step Solution
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