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Please explain how you got the answers. A list of answers I tried and were wrong are below WRONG ANSWERS C.) 2015= .76, 2014= .61
Please explain how you got the answers. A list of answers I tried and were wrong are below WRONG ANSWERS C.) 2015= .76, 2014= .61 D.) 2015= 2, 2014= 2 E.) 2015= 159, 2014= 162 Financial statements for Revnik Company follow. REVNIK COMPANY Balance Sheets As of December 31 Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities 2014 16,000 12,000 6,000 20,000 46,000 54,000 135,000 143,000 25,000 10,000 250,000 217,000 20,000 27,000 270,000 255,000 24,000 29,000 $576,000 $516,000 17,000 100,000 113,800 21,000 15,000 151,800 121,000
Please explain how you got the answers. A list of answers I tried and were wrong are below
WRONG ANSWERS
C.) 2015= .76, 2014= .61
D.) 2015= 2, 2014= 2
E.) 2015= 159, 2014= 162
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