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The accounting records of Compass Point Wirless include the following as December 31, 2018 Requirements : 1. Report these liabilities on the Compass Point Wireless
The accounting records of Compass Point Wirless include the following as December 31, 2018
i Data Table S 10,500 24,000 0,000 2,400 $ 71,000 Salaries Payable Accounts Payable Mortgages Payable (long-term) Interest Payable Bonds Payable (long term) Total Stockholders Equity 80,000 17,000 64,000 160,000 Bonds Payable (current portion) Premium on Bonds Payable Unearned Revenue (short-term) Compass Point Wireless Balance Sheet (Partial) December 31, 2018 Plus: Total Liabilities Current Liabilities: Long-Term Liabilities Total Current Liabilities Total Long-Term Liabilities Accounts Payable Bonds Payable Current Portion of Bonds Payable Interest Payable Mortgages Payable Premium on Bonds Payable Salaries Payable Total Stockholders' Equity LInearned Revenue -Debt to equity ratio Requirement 2. Compute Compass Point Wireless's debt to equity ratio at December 31, 2018. (Roun -Debt to equity ratio Total current liabilities Total stockholders' equity C Total liabilities iny number in the input fields and then continue to the next questior Total long-term liabilities Requirements :
1. Report these liabilities on the Compass Point Wireless balance sheet, include headings and totals for current liabilities and long-term liabilities.
2. Compute Compass Point Wirlesss debt to equity ratio at December 31, 2018
Headings to choose from:
Accounts to choose from:
Requirement 2: compute Compass Point Wirlesss debt to equity ratio at December 31, 2018. ( Round the debt to equity ratio to two decimal places. X.XX)
Options:
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