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The following financial information is for Priscoll company : The following financial information is for Priscoll Company. Priscoll Company Balance Sheets December 31 Assets 2020

The following financial information is for Priscoll company :
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The following financial information is for Priscoll Company. Priscoll Company Balance Sheets December 31 Assets 2020 2019 Cash Debt investments (short-term) Accounts receivable Inventory Prepaid expenses Land Building and equipment (net) Total assets Liabilities and Stockholders' Equity Notes payable (short-term) Accounts payable Accrued liabilities Bonds payable, due 2023 Common stock, $10 par Retained earnings Total liabilities and stockholders' equity $ 106,400 83,600 158,080 349,600 38,000 197,600 395,200 $1,328,480 $ 98,800 60,800 136,800 250,800 34,960 197,600 281,200 $1,060,960 $258,400 98,800 60,800 380,000 304,000 226,480 $1,328,480 $182,400 79,040 60,800 258,400 304,000 176,320 $1,060,960 Priscoll Company Income Statement For the Years Ended December 31 2020 2019 Sales revenue Cost of goods sold Gross profit Operating expenses Net income $1,340,640 972,800 367,840 288,800 $ 79,040 $1,200,800 874,000 326,800 253,840 $ 72,960 Additional info tinni Sales revenue Cost of goods sold Gross profit Operating expenses Net Income $1,340,640 972.800 367,840 2 800 $ 79,040 31200,800 844.000 326,800 253,840 $72.960 21 Additional information: Puestion 25 16 1. Blank 207 2. 3. 4. Inventory at the beginning of 2019 was $174,800. Accounts receivable (net) at the beginning of 2019 were $130,720, Total assets at the beginning of 2019 were $1,003,200. No common stock transactions occurred during 2019 2020 All sales were on account. Blank Indicate, by using ratios, the change in liquidity and profitability of Priscoll company from 2019 to 2020. (Round Current ratio, Asset turnover and Earnings per share to 2 decimal places, 2019 2020 LIQUIDITY sessment OS sessment Current ratio :1 :1 Accounts receivable turnover times ti xercise 19-04 Exercise 100S se 19-01 times times Inventory turnover PROFITABILITY Profit margin 19.00 ab em 1.05A the back on 109 times mes Asset turnover Return on assets tion 192 the bank Earnings per share $ tes the The following the independent dat het beter to come there of December 2002 Dec 2011 places. 15 and other answers to deca place6.8 or 6.89.) (1) (2 Dette strane Price-nosrate 29,360 shares of common stock were sold at aron July 1, 2021. Ne income for 2021 was $82,000 All of the payable wereld in 2021. All other tables remained at the December 31, 2020, bevels. Mt December 31, 2021, totales were 1,000 The market price of common stock was 14 and 18 on December 31, 2020 and 2021, respectively. Net income for 2021 was 182,080 2020 2021 (3) Type here to search The following are three independent situations and a rate that may be affected for this to be on the theater places, 15% and other answers to I decimal place, ... 6.9) Return to S (1) 27.360 shares of common stock were sold at paroly 1, 2001, et income for 2013 (2) All of the notes payable were paid in 2001. All other the remained the December (5) The market price of common stock was $14 and 518 on December 31, 2020 2001.tv 2000 2021 Return on common stockholders' equity De boots ratio Pricings ratio 9

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