requirement 3 choices are (improved/deteriorated) (increased/decreased/same)

Requirement 2. Determine the total current assets balance for Eagle Sporting Goods at March 31, 2013, and then compute the current ratio as of March 31, 2014 and as of March 31, 2013 Begin by determining the total current assets balance for Eagle Sporting Goods at March 31, 2013. Total current asset at March 31, 2013 amount to s After MyLab Accounting has graded your answers, you can see both correct and incorrect answers. Incorrect answers are indicated with a red triangle in the upper right corner. These cells will now show the correct answer. Hovering the mouse over the correct answer will show the incorrect answer you entered. MyLab Accounting populates the correct answer to prevent you from carrying wrong answers through a whole problem. Green instructions indicate that you need to be very careful to follow the instructions and enter your answer exactly as requested. In this case the current ratios must be entered rounded to 2 decimal places per the GREEN instructions. If you round to something other than 2 decimals using the correct answer, the system will still mark the answer wrong. Enter an incorrect answer in either of the input boxes and select the 'Check answer' button at the bottom of the screen to see how you did: Now compute the current ratio as of March 31, 2014 and as of March 31, 2013. (Round to two decimal places.) The current ratio is at March 31, 2014 and is at March 31, 2013 Notice that you are given a feedback message that points you toward incorrect answers. The feedback will not be specific enough to answer the question for you, but to point you to the first error that you have made in the problem step and, in this case, the feedback also reminds you to round your answer to two decimal places. You should enter all of the inputs for that particular step before checking your answers. Generally you will get three attempts at each step before you will be graded, although instructors can specify those settings. Requirement 3. Has the current ratio for Eagle Sporting Goods improved or deteriorated during the fiscal year ending March 31, 2014. How can you tell? You must answer both dropdowns in this step before checking your answer. To change your answer, click on the answer box and select your new answer. The amount of attempts you will receive will depend on the number of choices in the dropdowns. Eagle's current ratio during fiscal 2014. We know this because the ratio from 2013 to 2014 The learning aids will help you if you get stuck on a question. They either appear on the right as separate buttons to click on or within the Question Help menu at the top right. The available learning aids may change from question to question depending on the type of problem and if your instructor enables all of the learning aids. The possible learning aides are: Help Me Solve This helps you work through the question, using different numbers, while breaking it into smaller steps, and adding more instruction and guidance. Students can work through a Help Me Solve This question before attempting their graded homework, as it makes the successful completion of that question in one attempt much more likely. You can also toggle into the Help Me Solve This at any time while you are working through a homework or study plan question and use the skip ahead button to the exact point in the question where you are stuck. NOTE: if your instructor limits the number of attempts on questions, working through an entire Help Me Solve This question reduces the total number of attempts by 1. Click on the Help Me Solve This button or select from the Question Help menu on the right to walk through an example. The DemoDocs are Flash animations that show an entire question worked through step-by-step showing the chapter's main topic(s). The DemoDocs are like having your professor review the question over and over! The Video button (when available) allows you to view a short lesson on the concept covered in the problem. This real live professor will give you the information you need to help solve your accounting problems. The Textbook Pages link takes you right to the page in your book that covers the learning objective you're working on. The Calculator button brings up a calculator where you can check your math before entering an answer. Clicking Ask My Instructor lets you send an email to your instructor with a link to the problem you're working on. Requirement 3. Has the current ratio for Dove Sporting Goods improved or deteriorated during the fiscal year ending March 31, 2014. How can you tell? You must answer both dropdowns in this step before checking your answer. To change your answer, click on the answer box and select your new answer. The amount of attempts you will receive will depend on the number of choices in the dropdowns. Dove's current ratio V during fiscal 2014. We know this because the ratio from 2013 to 2014 The learning aids will help you if you get stuck on a question. They either appear on the right as separate buttons to click on or within the Question Help menu at the top right. The available learning aids may change from question to question depending on the type of problem and if your instructor enables all of the learning aids. The possible learning aides are: Help Me Solve This helps you work through the question, using different numbers, while breaking it into smaller steps, and adding more instruction and guidance. Students can work through a Help Me Solve This question before attempting their graded homework, as it makes the successful completion of that question in one attempt much more likely. You can also toggle into the Help Me Solve This at any time while you are working through a homework or study plan question and use the skip ahead button to the exact point in the question where you are stuck. NOTE: if your instructor limits the number of attempts on questions, working through an entire Help Me Solve This question reduces the total number of attempts by 1. Click on the Help Me Solve This button or select from the Question Help menu on the right to walk through an example. The DemoDocs are Flash animations that show an entire question worked through step-by-step showing the chapter's main topic(s). The DemoDocs are like having your professor review the question over and over! The Video button (when available) allows you to view a short lesson on the concept covered in the problem. This real live professor will give you the information you need to help solve your accounting problems. The Textbook Pages link takes you right to the page in your book that covers the learning objective you're working The Calculator button brings up a calculator where you can check your math before entering an answer. . Clicking Ask My Instructor lets you send an email to your instructor with a link to the problem you're working on. Eagle Sporting Goods Company Balance Sheets March 31 2014 2013 ASSETS Current 1,100 $ 800 Cash Accounts receivable Inventories Other current assets Total current assets Property and equipment, net Other assets 28,500 38,000 5,200 34,500 38,350 5.100 ? 72,800 7.300 26.000 6,500 40,600 106,100 S 125,850 54,000S 16,300 Total assets LIABILITIES Total current liabilities Long-term liabilities Total liabilities STOCKHOLDERS' EQUITY Common stock 62.500 17,500 70,300 80,000 25,000 10.800 24,000 21,850 Retained earnings Total stockholders' equity 35,800 45,850 $ 125,850 Total liabilities and stockholders' equity 106,100 $