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Prepare a balance sheet from the following information. What is the 4 net working capital and debt ratio PROBLEM 3-3 WORKNG WITH BALANCE SKEET Prepare
Prepare a balance sheet from the following information. What is the 4 net working capital and debt ratio
PROBLEM 3-3 WORKNG WITH BALANCE SKEET Prepare a balance sheet from the following information. is the net working capital and debt ratio? DATA Account rec eivables Accounts payable Shon-tenn notes Inv es Gross fixed assets able 42,700 szooo Other cutyent assets Accumulated d Long-term debt Common stock Other assets Retain ed eamin s SOLUTION Balance Sheet: Accounts receivable Inv es Other cutyent assets Total cutyent assets Gross fixed assets Accumulated depreciation Net fixed assets Other assets Total assets Notes payable Acco unts payable Total cutyent liabdities Long-term debt Total liabdities Common stock Retained eamin s Total equity Total liabdities and equity N et Workin Debt Ratio
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