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please help me how to get these answers. Succeed's Companies Pty Ltd, a home in (Click the icon to view the income st i X
please help me how to get these answers.
Succeed's Companies Pty Ltd, a home in (Click the icon to view the income st i X Data Table Requirements 1. Calculate the debt ratio and the del 2. Is Succeed's ability to pay its liabilit| Succeed's Companies Pty Ltd Requirement 1. Calculate the debt ratio Income statement Succeed's debt ratio is 52.4 %. (Enter yo for the years ended 31 August 2016 and 2015 Succeed's debt to equity ratio is 1.1.(E/ 2016 2015 $ Net sales 51 700 000 $ 38 800 000 Requirement 2. Is Succeed's ability to pa Cost of sales 20 600 000 29 300 000 The company's ability to pay its liabilities Interest expense 200 000 140 000 Income tax expense 4 500 000 1 400 000 All other expenses 5 900 000 7 100 000 $ 20 500 000 $ 860 000 Profit This question is complete. Move your Print Done All parts showing i X Data Table Succeed's Companies Pty Ltd, a home in 3(Click the icon to view the income st Requirements 1. Calculate the debt ratio and the deb 2. Is Succeed's ability to pay its liabiliti Succeed's Companies Pty Ltd Balance sheet Requirement 1. Calculate the debt ratio as at 31 August 2016 and 2015 Succeed's debt ratio is 52.4 %. (Enter ya Assets 2016 2015 Liabilities 2016 2015 Cash 2 100 000 $ 1 800 000 Total current liabilities $ 33 000 000 $ 13 100 000 Succeed's debt to equity ratio is 1.1. (Er Short-term investments 12 500 000 28 000 000 9 000 000 Non-current liabilities 11 900 000 Requirement 2. Is Succeed's ability to pa Accounts receivable 7 500 000 5 400 000 Total liabilities 45 500 000 || $ 25 000 000 The company's ability to pay its liabilities Inventory 7 200 000 8 200 000 Shareholders' equity Other current assets 9 000 000 1 700 000 Share capital $ 8 000 000 || $ 8 000 000 33 300 000 Total current assets $ 53 800 000 $ 18 100 000 26 100 000 Retained earnings All other assets 33 000 000 25 000 000 Total equity 41 300 000 $ 26 100 000 $ 86 800 000 $ 51 100 000 86 800 000 $ 51 100 000 Tatalonnata Tatal liabilities and anuits This question is complete. Move your d Print DoneStep by Step Solution
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