Question
Siskiyou Inc. has total current assests of 1,200,000; total current liabilities of $500,000; and long-term assests of $800,000. How much is the firm's Total Liabilities
Siskiyou Inc. has total current assests of 1,200,000; total current liabilities of $500,000; and long-term assests of $800,000. How much is the firm's Total Liabilities & Equity?
a) 2,000,000
b) 1,800,000
c) 2,500,000
d) 1,300,000
Rogue Industries reported the following items for the current year. Sales=$300,000;Cost of Goods Sold =$1,500,000;DepreciationExpense=$170,000;Administrative expenses =$150,000;Interest Expense=$30,000;Marketing expenses=$80,000; and Taxes=$300,000;Rogues operating profit margin is equal to
a) 35.67%
b)50.00%
c)25.67%
d)36.67%
Please show how you got these calculatons so that I can learn how to correctly do similar problems to theses
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