Use the infomation on the financial statements to anwser the followinf questions.

this is accounting

350 Adjustments Adjusted Bal De CA D 0 9.025 0 31.400 0 1.750 300 3.300 0 0 8.000 0 100 0 0 28.500 0 225 D 0 0 9.500 0 1200 1.200 0 30.000 Cash Accounts Receivable Olfice supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Trucks Accumulated Depreciation - Truoks Accounts Payable Wageu Payable Common Stook Dividends Retained Earnings Service Revenue Nages op Truck Expense Rent pense Miscellaneous Expense notes payble salaries up blueprint supplies en HD Unadjusted Bal De CE 9,025 0 31.400 0 2.100 0 3.600 0 8.000 0 28.500 0 9.500 0 30.000 0 0 0 40.400 0 60.400 0 0 1200 0 0 100 2500 2,500 1200 1300 2.500 2.500 0 0 20825 0 20.025 5.000 5.500 5.000 5.500 1750 300 150 300 sried Total 100,525 10052 3575020500200 tions 11:255 Use the information on the financial statements to answer the following questions: 1) Was Marjorie Knaus, Inc. profitable in January 2020? From a management persepetive, what are your thoughts about the company's financial perfromance? 2) Has the stockholdery equity grown? How does stockholder's equity grow, and is this good for the business? 3) If looking for a loan, can Marjorie Knaus, Inc. expect to get the loan? Give your reasons for your response. (Hint: Caleulate some appropriate ratios, such as Current ratio, Cash Ratio, Quick ratio, Return on Assets, and Working Capital. These ratio may help.) Current Ratio Quick Ratio Cash Ratio Working Capital Return on Assets 4) If you are looking for an investment opportunity, would you invest in Marjorie Knaus, Inc.? What specifically about the company is appealing? If Marjorie Knaus, Inc. establishes another branch of the business in Venice, Italy, what accounting standards will the company use to record the accounting activities and prepare the financial statements? 11:255 RE Swed MR emained the Tui To M. S 350 Adjustments Adjusted Bal De CA D 0 9.025 0 31.400 0 1.750 300 3.300 0 0 8.000 0 100 0 0 28.500 0 225 D 0 0 9.500 0 1200 1.200 0 30.000 Cash Accounts Receivable Olfice supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Trucks Accumulated Depreciation - Truoks Accounts Payable Wageu Payable Common Stook Dividends Retained Earnings Service Revenue Nages op Truck Expense Rent pense Miscellaneous Expense notes payble salaries up blueprint supplies en HD Unadjusted Bal De CE 9,025 0 31.400 0 2.100 0 3.600 0 8.000 0 28.500 0 9.500 0 30.000 0 0 0 40.400 0 60.400 0 0 1200 0 0 100 2500 2,500 1200 1300 2.500 2.500 0 0 20825 0 20.025 5.000 5.500 5.000 5.500 1750 300 150 300 sried Total 100,525 10052 3575020500200 tions 11:255 Use the information on the financial statements to answer the following questions: 1) Was Marjorie Knaus, Inc. profitable in January 2020? From a management persepetive, what are your thoughts about the company's financial perfromance? 2) Has the stockholdery equity grown? How does stockholder's equity grow, and is this good for the business? 3) If looking for a loan, can Marjorie Knaus, Inc. expect to get the loan? Give your reasons for your response. (Hint: Caleulate some appropriate ratios, such as Current ratio, Cash Ratio, Quick ratio, Return on Assets, and Working Capital. These ratio may help.) Current Ratio Quick Ratio Cash Ratio Working Capital Return on Assets 4) If you are looking for an investment opportunity, would you invest in Marjorie Knaus, Inc.? What specifically about the company is appealing? If Marjorie Knaus, Inc. establishes another branch of the business in Venice, Italy, what accounting standards will the company use to record the accounting activities and prepare the financial statements? 11:255 RE Swed MR emained the Tui To M. S