Question
VWX Enterprises provides the following financial figures: Cash and cash equivalents: $90,000 Accounts payable: $65,000 Total equity: $550,000 Net income: $140,000 Total revenues: $800,000 Total
VWX Enterprises provides the following financial figures:
- Cash and cash equivalents: $90,000
- Accounts payable: $65,000
- Total equity: $550,000
- Net income: $140,000
- Total revenues: $800,000
- Total expenses: $660,000
Find out: a) Cash ratio b) Receivables turnover c) Return on sales d) Operating cash flow ratio
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
