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Tomson Corporation 2013 and 2014 Statement of Financial Position Assets 2013 Liabilities 2013 2014 Current Assets Cash A/R Inventory Total $ 8,436 21,530 38.760 $
Tomson Corporation 2013 and 2014 Statement of Financial Position Assets 2013 Liabilities 2013 2014 Current Assets Cash A/R Inventory Total $ 8,436 21,530 38.760 $ 68,726 $ 43,050 18.384 $ 61,434 $ 25,000 $ 46,821 17.382 $_64.203 $ 32,000 2014 Current Liabilities $ 10,157 A/P 23,406 Notes Payable 42.650 $ 76,213 Total Long-term Debt Owner's Equity Common Stock & Paid-in Surplus Retained Earnings S 248.306 Total Total Liabilities & $ 324.519 Owners Equity Net Plant & Equip Total Assets $ 226,706 $ 295,432 $ 40,000 168,998 $ 208.998 S 295,432 $ 40,000 188,316 $ 228 316 $ 324,519 1. Prepare: The 2014 combined common-size, common-base year statement of financial position for Tomson. Round your intermediate calculations to 2 decimal places and final answers to 4 decimal places. 2. Calculate 1. The current ratio for each year 2. The quick ratio for each year 3. The cash ratio for each year 4. The NWC to total assets ratio for each year 5. The debt-equity ratio and the equity multiplier for each year 6. The total debt ratio and the long-term debt ratio for each year
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