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Win's Companies, a home improvement store chain, reported the following summarized figures Click the icon to view the income statement) Win's has 50,000 common shares
Win's Companies, a home improvement store chain, reported the following summarized figures Click the icon to view the income statement) Win's has 50,000 common shares outstanding during 2018 Read the ment Requirement 1. Compute Win's Companies cument ratio at May 31, 2018 and 2017 begin by selecting the formula to calculate Win's Companies' cument ratio. Then enter the amounts and calculate the cument ratio for 2018 and then 2017. (Round your answers to two decimal place XXX 2018 2017 Requirement 2. Did Wiri's Companies cument ratio inprive, deleriorate, or hold steady during 2018 Wn's Companies Balance Sheets 'C Sheet Income Statement Cost of Good B 2018 2017 2014 2017 Ca 2,000 1 24.000 1800 Cent Lis 14.000 p 3 2000 13,300 12400 11,100 Years Ed May 31/3956 2017 TAX 400 3500 24400 2018 2017 Merchand very 800 6300 21.300 41.400 24,000 One Care Asses 4000 C 600 6.300 31.000 11.00 11.000 3.000 ALAND 330 All Or Expens Print Done Done Pr Time Remang: 00:22:46 N Trump's Companie Trump's Read the requ shares outstanding during 2011 Requirement 1. Compide the debt rate and the debt gy Begin by selecting the formula to calculate Trumps Compress Trump's Corp Begin by selecting the form a Trump's Compo Income Statement Balance Sheets Cast of Goods Soid 31300 B Exper 1000 ATAND 21000 14000 P Done 18308 Income Statement Triumph's Companies Income Statement Years Ended May 31, 2018 and 2017 Net Sales Revenue Cost of Goods Sold Interest Expense All Other Expenses Net Income X Balance Sheets Triumph's Companies Balance Sheet May 31, 2018 and 2017 Assets 2018 2017 2018 2017 2018 2017 51,200 $ 42.000 Cash $ 2.300 $ 1,000 Total Cument Liabi 22,000 $ 12,900 21,200 25,500 Short-tem Investments 25,000 14.000 Long term Liabili 13.000 11.300 200 Accounts Receivable 7.200 5,700 Total Lis 35.300 24.700 6,200 140 6.500 Merchandise inventory 7,100 6.800 Stockholders' Equity $ 23,600 $ 9.000 Other Current Assets 6.000 2.400 Common Stock 13,000 13.000 Total Current Assets 47500 30.700 Retained Earnings 31.000 22.000 33,000 All Other Ass 29000 Ealy 44.900 31.000 S 80,000 59,700 $ 80,000 S 28.700 Total Liabities and Equity Print Done Print Done
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