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Required information Skip to question [ The following information applies to the questions displayed below. ] Income statement and balance sheet data for The Athletic
Required information Skip to question The following information applies to the questions displayed below. Income statement and balance sheet data for The Athletic Attic are provided below. THE ATHLETIC ATTIC Income Statements For the Years Ended December Net sales $ $ Cost of goods sold Gross profit Expenses: Operating expenses Depreciation expense Interest expense Income tax expense Total expenses Net income $ $ THE ATHLETIC ATTIC Balance Sheets December Assets Current assets: Cash $ $ $ Accounts receivable Inventory Supplies Longterm assets: Equipment Less: Accumulated depreciation Total assets $ $ $ Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ $ $ Interest payable Income tax payable Longterm liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders equity $ $ $ Required: Calculate the following risk ratios for and : Round your answers to decimal place.
Required information
Skip to question
The following information applies to the questions displayed below.
Income statement and balance sheet data for The Athletic Attic are provided below.
THE ATHLETIC ATTIC
Income Statements
For the Years Ended December
Net sales $ $
Cost of goods sold
Gross profit
Expenses:
Operating expenses
Depreciation expense
Interest expense
Income tax expense
Total expenses
Net income $ $
THE ATHLETIC ATTIC
Balance Sheets
December
Assets
Current assets:
Cash $ $ $
Accounts receivable
Inventory
Supplies
Longterm assets:
Equipment
Less: Accumulated depreciation
Total assets $ $ $
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable $ $ $
Interest payable
Income tax payable
Longterm liabilities:
Notes payable
Stockholders' equity:
Common stock
Retained earnings
Total liabilities and stockholders equity $ $ $
Required:
Calculate the following risk ratios for and : Round your answers to decimal place.
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