Combining Tables 7.1 and 7.2, what was ECCs ROE and does that fall within the acceptable range?
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Combining Tables 7.1 and 7.2, what was ECC’s ROE and does that fall within the acceptable range?
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Table 7.1 Balance sheet Code 110 120 130 140 150 160 170 180 190 199 210 230 240 270 289 290 300 Category Assets: Current Assets: Cash Accounts Receivable Inventory Other Current Assets Total Current Assets: Fixed Assets: Land Buildings Construction Equipment Office Equipment Accumulated Depreciation Other Fixed Assets Total Fixed Assets: Total Assets: Liabilities: Current Liabilities: Accounts Payable Notes Payable Accrued Expenses/Taxes Other Current Liabilities Total Current Liabilities: Long-Term Liabilities: Long-Term Debt Evergreen Construction Company Balance Sheet Statement Date: December 31, 2020 Other Long-Term Liabilities Total Long-Term Liabilities: Total Liabilities: Owner's Equity Retained Earnings Total Liabilities and Owner's Equity: Values $250,000 $9,575,000 $0 $10,000 $9,835,000 $1,000,000 $2,800,000 $435,450 $75,677 -$1,165,050 $12,550 $3,158,627 $12,993,627 $5,550,000 $75,000 $85,000 $15,550 $5,725,550 $1,000,000 $18,077 $1,018,077 $6,743,627 $5,750,000 $500,000 $12,993,627
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Related Book For
Cost Accounting And Financial Management For Construction Project Managers
ISBN: 9781138550650
1st Edition
Authors: Len Holm
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