 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
how to determine total assets with only current assets given
I already have Total Current Assets = $2,678
Total Revenues=10,281 Net Income=291.06 here are the ratios given: Acid-Test ratio 0.671 Current Ratio 1.172 Inventory Turnover 10.005 Days' receivables 39.66 Gross Margin % 15.12 Profit Margin % 2.831 Invested Capital Turnover 2.091 Debt/equity Ratio 62.15 Return on shareholders equity is a ? I can't solve for the TA, TL, TOE, and the cost and expenses. Help! please! |
||||
Check out some similar questions!
How do you compute 1. Current assets. 2. Long-term assets. 3. Current liabilities. 4. Long-term liabilities. 5. Stockholders' equity. In my balance shee I have four entries. Land, Cash, Building, Accounts payable, Notes Payable (short terms) and equipment, capital stock, retained...
Cash and cash equivalents $ 5,000 Accounts receivable (net) 20,000 Inventories 60,000 Property, plant, and equipment (net) 120,000 Accounts payable 44,000 Wages payable 15,000 Paid-in-capital 100,000 How do you compute total current assests?
Determine the amount of total assets, current assets, and noncurrent assets at the end of the period, given the following data: Current liability, ending balance $50,000 Current ratio, ending 1:6:1 Owners’ equity, beginning balance $120,000 Inventory, beginning balance $ 35,000 ...
The current asset section of the balance sheet consists of cash, marketable securities, accounts receivables, and inventories. The December 31 balance sheet revealed the following: Inventories $ 840,000 Total Assets $2,800,000 Current Ratio 2.25 Acid-Test Ratio 1.2 Debt to...
Total current assets
View more questions Search
| Question Tools | Search this Question |
Add your answer here.
|
