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please solve Required information The following information applies to the questions displayed below.) Income statement and balance sheet data for Great Adventures, Incorporated, are provided

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Required information The following information applies to the questions displayed below.) Income statement and balance sheet data for Great Adventures, Incorporated, are provided below. GREAT ADVENTURES, INCORPORATED Income Statement For the Year Ended December 31, 2025 Net sales revenues $ 180,870 Interest revenue 280 Expenses Cost of goods sold $ 39,300 Operating expenses 61, 160 Depreciation expense 18,050 Interest expense 8,780 Income tax expense 15,300 expenses 142,590 Net income $ 38,560 GREAT ADVENTURES, INCORPORATED Balance Sheets December 31, 2025 and 2024 2025 2024 Assets Current assets Cash Accounts receivable Inventory Other current assets Long-term assets Land Buildings Equipment $ 248,936 49,040 8,600 1,060 $ 64,660 0 0 5,140 660,000 840,000 78,480 NA 0 0 48,000 SA GREAT ADVENTURES, INCORPORATED Balance Sheets December 31, 2025 and 2024 2025 2024 $ 248,936 49,040 8,600 1,060 $ 64,660 0 0 5,140 660,000 840,000 78,480 (26,850) $ 1,859,266 0 0 48,000 (8,400) $ 109,400 Assets Current assets: Cash Accounts receivable Inventory Other current assets Long-term assets: Land Buildings Equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Other current liabilities Notes payable (current) Notes payable (long-term) Stockholders' equity: Common stock Paid-in capital Retained earnings Treasury stock Total liabilities and stockholders' equity $ 22,400 1,150 15,300 25,800 64,178 623,348 $ 3,120 830 14,160 0 0 31,600 136,000 1,049,600 59,490 (138,000) $ 1,859,266 25,440 0 34,250 0 $ 109,400 As you can tell from the financial statements, 2025 was an especially busy year. Tony and Suzie were able to use the money received from borrowing and the issuance of stock to buy land and begin construction of cabins, dining facilities, ropes course, and the outdoor swimming pool. They even put in a baby pool to celebrate the birth of their first child, O Capital Retained earnings Treasury stock 59,490 (138,000) 34,250 0 Total liabilities and stockholders' equity $ 1,859,266 $ 109,400 As you can tell from the financial statements, 2025 was an especially busy year. Tony and Suzie were able to use the money received from borrowing and the issuance of stock to buy land and begin construction of cabins, dining facilities, ropes course, and the outdoor swimming pool. They even put in a baby pool to celebrate the birth of their first child. Required: 1. Calculate the following risk ratios for 2025. (Use 365 days in a year. Round your intermediate calculations and final answers to 1 decimal place.) a. Receivables tumover ratio. (Hint: Use net sales revenues for net credit sales.) times b. Average collection period. days c. Inventory turnover ratio. times d. Average days in inventory. days e. Current ratio. f. Acid-test ratio. (Hint: There are no current investments.) g. Debt to equity ratio. % h. Times interest earned ratio. times

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