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RWP 1 2 1 ( Algo ) Great Adventures Continuing Case Skip to question [ The following information applies to the questions displayed below. ]
RWPAlgo Great Adventures Continuing Case
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The following information applies to the questions displayed below.
Income statement and balance sheet data for Great Adventures, Incorporated, are provided below.
GREAT ADVENTURES, INCORPORATED
Income Statement
For the Year Ended December
Net sales revenues $
Interest revenue
Expenses:
Cost of goods sold $
Operating expenses
Depreciation expense
Interest expense
Income tax expense
Total expenses
Net income $
GREAT ADVENTURES, INCORPORATED
Balance Sheets
December and
Assets
Current assets:
Cash $ $
Accounts receivable
Inventory
Other current assets
Longterm assets:
Land
Buildings
Equipment
Accumulated depreciation
Total assets $ $
Liabilities and Stockholders Equity
Current liabilities:
Accounts payable $ $
Interest payable
Income tax payable
Other current liabilities
Notes payable current
Notes payable longterm
Stockholders equity:
Common stock
Paidin capital
Retained earnings
Treasury stock
Total liabilities and stockholders equity $ $
As you can tell from the financial statements, was an especially busy year. Tony and Suzie were able to use the money received from borrowing and the issuance of stock to buy land and begin construction of cabins, dining facilities, ropes course, and the outdoor swimming pool. They even put in a baby pool to celebrate the birth of their first child.
RWPAlgo Great Adventures Continuing Case Part
Required:
Calculate the following risk ratios for Use days in a year. Round your intermediate calculations and final answers to decimal place.
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