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PLEASEEEEEEEEEEE DOOO ALL OF THE CALCULATIONS FROM CURRENT RATIO ALL THE WAY THROUGH TO RETURN ON COMMON STOCKHOLDERS EQUITY PLEASEEE YOU WILL BE AMAZING Exercise

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PLEASEEEEEEEEEEE DOOO ALL OF THE CALCULATIONS FROM CURRENT RATIO ALL THE WAY THROUGH TO RETURN ON COMMON STOCKHOLDERS EQUITY PLEASEEE YOU WILL BE AMAZING

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Exercise 13-8 Liquidity analysis and interpretation LO P3 (The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes pavable secured by 2017 $ 26,305 30,748 $ 32,030 55,300 55,000 3,559 215,280 203,819 180,911 $ 450,356 388,238 $ 326,800 89,800 110,500 8,471 62,100 83,500 8,071 $ 111,017 64,956 88,402 72,380 42,706 mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 83,820 71,501 162,500 162,500 162,500 50,093 $ 450,356 388,238 $ 326,800 93,019

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