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The following ratios and other information are based on a company's comparative financial statements for a two-year period: 2019 2020 Current ratio 1.50 2.00 Quick
The following ratios and other information are based on a company's comparative financial statements for a two-year period: 2019 2020 Current ratio 1.50 2.00 Quick ratio 1.00 0.60 Debt to total assets ratio 0.20 0.50 Debt to equity ratio 0.25 1.00 Earnings per share 0.15 0.35 Gross profit margin 30% 45% Total assets $2,125,000 $3,510,000 Current assets $979,500 $1,506,000 What is the amount of current liabilities at the end of 2019 & 2020? Current Liabilities LA $ 2019 +A $ 2020 What is the amount of total debt at the end of 2019 & 2020? Total Debt $ eTextbook and Media 2019 2020 LA $ What is the total shareholders' equity at the end of 2020? Total shareholders' equity +A $ 2019 $ 2020 If the company has 1,506,000 common shares outstanding for all of 2019 & 2020 and has issued no other shares, what were its net earnings for 2019 & 2020? Net Earnings $ 2019 $ 2020
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