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what is the current ratio, operating cost ratio, and debt to equity ratio? ETS Current assets: Cash Accounts receivable Less: Allowance for doubtful accounts Inventory
what is the current ratio, operating cost ratio, and debt to equity ratio?
ETS Current assets: Cash Accounts receivable Less: Allowance for doubtful accounts Inventory Supplies Prepaid insurance Prepaid rent Prepaid advertising 440,518 42,172 40,485 10,005 924 650 3,370 402 96,354 an Total current assets Long-term assets: Equipment Less: Accumulated depreciation 19,600 18,783 515,137 Total long-term assets TOTAL ASSETS LIABILITIES Current Liabilities: Accounts payable Interest payable Salaries payable Dividends payable 1,540 3,000 4,500 750 9,790 Total Current Liabilities Long-Term Liabilities Bonds payable Less: Unamortized bond discount(7,305) 100,000 0:505) 92,695 102,485 Total Liabilities STOCKHOLDERS' EQUITY Common Stock 395,000 17,652 412,652 Retained Earnings Total Stockholders' Equity TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 515,137 Step by Step Solution
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