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momx0003
Aug 20, 2010, 02:53 PM
given inventories 840,000, total assets 2,800,000, current ratio 2.25, acid test ratio 1.2, debt to equity ratio 1.8.

need current assets, shareholders equity,noncurrent assets, and long-term liabilities

given: inventories=840,000, current ratio=2.25, acid test ratio=1.2, debt to equity ratio = 1.8, total assets= 2,800,000

find current assets, shareholders equity, non current assets, long term liabilities

Determine the following balance sheet items... current assets, shareholders equity, noncurrent assets, long term liabilities

The current asset section of balance sheet consists of cash, marketable securities, accounts receivable, and inventories. Inventories=840,000, total assets=2,800,000, current ratio=2.25, acid-test ratio=1.2, debt to equity ratio=1.8.

Required:
determine current assets, shareholders equity, noncurrent assets, and long-term liabilities

Clough
Aug 20, 2010, 05:23 PM
Determine the following balance sheet items...current assets, shareholders equity, noncurrent assets, long term liabilities

Hi, momx0003!

Other than the fact that there's no numerical information to use, are you looking for a direct answer to the problem, or for someone to come along and teach you how to come up with the correct answer yourself, please?

If the former is true, please click on the following link to read the announcement there.

https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html

Thanks!

Clough
Aug 20, 2010, 05:33 PM
given: inventories=840,000, current ratio=2.25, acid test ratio=1.2, debt to equity ratio = 1.8, total assets= 2,800,000

find current assets, shareholders equity, non current assets, long term liabilities

Hi again, momx0003!

Please read the information that you'll find via clicking on the following link before you post anymore homework questions.

https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html

Thanks!

morgaine300
Aug 20, 2010, 09:13 PM
Please do not keep posting the same question over and over as this just causes confusion for people. I've merged them all into one post in one place.