QUESTION 1: MODULE 6 CHAPTER 2

education.com/ext/map/index.html?_con=conolexternal_DTOV Saved vork i Required information [The following information applies to the questions displayed below] Carmen Camry operates a consulting firm called Help Today, which began operations on Decembe the company's records show the following selected accounts and amounts for the month of Decem Cash $ 25,360 Dividends $ 6, 000 Accounts receivable 22, 360 Consulting revenue 27,000 Office supplies 5,250 Rent expense 9,550 Office equipment 20,000 Salaries expense 5, 600 Land 44,000 Telephone expense 860 Accounts payable 10, 500 Miscellaneous expenses 520 Common stock 102,090 Use the above information to prepare a December 31 balance sheet for Help Today. HELP TODAYRequired information The following information applies to the questions displayed below] Carmen Camry operates a consulting firm called Help Today, which began operations on Decem the company's records show the following selected accounts and amounts for the month of Dec Cash S 25, 360 Dividends $ 6,090 Accounts receivable 22, 360 Consulting revenue 27,000 Office supplies 5, 250 Rent expense 9,550 Office equipment 20,900 Salaries expense 5, 600 Land 44, 906 Telephone expense 860 Accounts payable 10,500 Miscellaneous expenses 520 Common stock 162, 090 he above information to prepare a December income statement for the business. Answer is not complete.ezto.mheducation.com/ext/map/index.n Say Homework i Required information [The following information applies to the questions displayed below.] Carmen Camry operates a consulting firm called Help Today, which began operations on Decem the company's records show the following selected accounts and amounts for the month of Dec Cash $ 25, 360 Dividends 6,000 Accounts receivable 22,360 Consulting revenue 27, 000 Office supplies 5, 250 Rent expense 9, 550 Office equipment 20,000 Salaries expense 5, 600 Land 44,000 Telephone expense 860 Accounts payable 10, 500 Miscellaneous expenses 520 Common stock 102, 000 Use the above information to prepare a December statement of retained earnings for Help Today. The balance at December 1 was $0. Hint: Net income for December is $10,470. HELP TODAYCompany Expenses Total Assets Net Income Total Liabilities Dreamworks $22, 000 $ 40,000 $19, 000 $ 30, 000 Pixar 67,000 150, 000 27,000 147, 000 Universal 12, 000 68,000 5,000 17, 090 a. Compute the debt ratio for each of the three companies. (Round your answers to 2 decimal pl Company Debt Ratio Dreamworks Pixar Universal b. Which company has the most financial leverage? Largest financial leverage Pixar