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
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