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XYZ Inc. provided the following balance sheet data as of December 31, 2023: Assets Amount ($) Cash and Cash Equivalents 200,000 Accounts Receivable 150,000 Inventory
XYZ Inc. provided the following balance sheet data as of December 31, 2023:
Assets | Amount ($) |
Cash and Cash Equivalents | 200,000 |
Accounts Receivable | 150,000 |
Inventory | 250,000 |
Property, Plant, and Equipment | 500,000 |
Total Assets | 1,100,000 |
Liabilities and Shareholders' Equity | Amount ($) |
Accounts Payable | 100,000 |
Long-term Debt | 300,000 |
Shareholders' Equity | 700,000 |
Total Liabilities and Equity | 1,100,000 |
Requirements:
- Calculate the current ratio.
- Determine the debt-to-equity ratio.
- Compute the working capital.
- Evaluate the liquidity position of XYZ Inc.
- Analyze the leverage situation of XYZ Inc.
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