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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
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 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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