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term creating out financial statements in 5000 flo Koester Inc Comparative Income Stat For the Year Ended December 21 2000 2019 2018 Sales reve Cast
term creating out financial statements in 5000 flo Koester Inc Comparative Income Stat For the Year Ended December 21 2000 2019 2018 Sales reve Cast of good G Operating expe $5.179056 $5302756 $4000 200654 24920 2530417 2372 3410725 2013 1706329 1679,908 1643771 Operating incone 664529 730817 795710 42279 41413 Other nonoperating 1979 (2151) BAPIS Income before income tax 652049 740854 income tax expe 235030 121531 Ne 141701 5572,723 $537632 Koester, Inc. Comparative Balance Sheet As of December 31 Assets 2020 2019 Cash 5997734 $115ARIS Accounts receivable 360643 75033 Inventory 17397 Prepaid expers and other current assets 277229 Total current assets 2412.300 2637.330 Property plant,& equipm 547304 586328 Other 1412709 1332014 Total Assets $4.372313 547544 Liabilities and Stockholders Equity Short-term borrowings $117,94 $26995 Current portion of long term dite 100000 Accounts payable 265.936 348159 Accred 716472 382783 275345 1463365 1727171 Long term debe 525.000 00000 Other 282.393 24250 Total relati 307295 642500 MacBook Air Stockholders' Equity Common stock, $1.00 par value 441,369 441,369 Additional paid-in capital 1,589,281 1,594,332 Treasury stock (935,711) (473,349) Retained earnings Total stockholders' equity 1,006,794 823,460 2,101,733 2,385,812 Total Liabilities and Stockholders' Equity $4,372,313 $4,756,492 Your answer is partially correct. Assess Koester's liquidity Working capital 2019 $ 909979 2020 $ 949315 Current ratio (Round answers to 2 decimal places, eg. 52.75) 2019 153 2020 145 Acid test ratio (Round answers to 2 decimal places, eg. 52.75) 2019 111 2020 120 Accounts Receivable turnover (Round answer to 1 decimal place, 52.7) 2020 68 times Average collection period (Round answer to 1 decimal place, eg. 52.7) 2020 536 days Inventory turnover (Round answer to 1 decimal place, eg. 52.7) 2020 7.1 times Average days to sell Inventory (Round answer to 1 decimal place, eg 52.7) 2020 eTextbook and Media 517 days Attempts: unlimited Sun Awwer
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