Question
The Cwazy Wabbit Company Balance Sheet as of 12//31//2022 Assets Current Assets: Cash Accounts Receivable Inventory Total current Assets NET Fixed Assets Other Assets Total
The Cwazy Wabbit Company Balance Sheet as of 12//31//2022 Assets Current Assets: Cash Accounts Receivable Inventory Total current Assets NET Fixed Assets Other Assets Total Assets $10,000 40,000 75,000 $125,000 152,000 4,000 $281,000 Liabilities and Stockholders Equity Current Liabilities: Accounts Payable Notes Payable Accrued Expenses Total Current Liabilities Long Term Debt Total Debt $quad69,000 24,000 4,000 $quad97,000 $quad30,000 127,000 Owners Equity Common Stock (25,000 shares outstanding (a)$1 par) Retained Earnings Total Stockholders' Equity 25,000 Total Liabilities and Stockholders Equity 129,000_ $ 154,000 $28
Liabilities and Stockholders Equity The Cwazy Wabbitt Company Income Statement for the year 1/1/202212/31/202 30. Accounts Payable Days 31. Return on Assets 32. DuPont method for Return on Equity 33. Degree of Operating Leverage 34. Degree of Financial Leverage 35. Degree of Total Leverage 36. Contribution Margin per Unit 37. Operating Break Even (units)Step by Step Solution
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