Answered step by step
Verified Expert Solution
Question
1 Approved Answer
the following from dragon corporation assume all figures are fiscal year end. sales revenue 1,000,000,cost of good sold 600,000 ,net income 100,00, average inventory 200,000,total
the following from dragon corporation assume all figures are fiscal year end. sales revenue 1,000,000,cost of good sold 600,000 ,net income 100,00, average inventory 200,000,total current assets 400,000, total assets 800,000, total current liabilities 200,00, total liabilities 500,000, retained liabilities 500,000. what are the current rations for dragon?,what is the inventory turnover for dragon? what is the debt to equity ration for dragons?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started