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Prepare an income statement, a statement of returned income, and a balance sheet. Also calculate profit margin, current ratio, working capital, assets turnovers and debt
Prepare an income statement, a statement of returned income, and a balance sheet. Also calculate profit margin, current ratio, working capital, assets turnovers and debt ratio. Prepare an Income Statement,statement of Retained Earnings and a Balance Sheet. Also caleulate profit margin, current ratio, working capital, assets turnover and debt ratio. Problem # 4 Cash Supplies Equipment Accounts payable. 3,270 5,060 1,500 6,400 1,000 845 7,000 3,000 5,205 Retained earings.. Service fees eamed.. Salaries Insurance expense 2,900 62.400 expense 33400 4,700 ..3,250 720 630
Prepare an income statement, a statement of returned income, and a balance sheet. Also calculate profit margin, current ratio, working capital, assets turnovers and debt ratio.
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