Using the financial statements for the Jackson Corporation, calculate the 13 basic ratios found. JACKSON CORPORATION Balance
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Using the financial statements for the Jackson Corporation, calculate the 13 basic ratios found.
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JACKSON CORPORATION Balance Sheet December 31, 20X1 Assets Current assets: Cash. Marketable securities. Accounts receivable (net) Inventory. Total current assets Investments.. Plant and equipment... Less: Accumulated depreciation. Net plant and equipment.. Total assets... Liabilities and Stockholders' Equity Current liabilities Accounts payable. Notes payable... Accrued taxes. Total current liabilities Long-term liabilities: Bonds payable... Total liabilities... Stockholders' equity Preferred stock, $50 per value. Common stock, $1 par value $ 52,200 24,400 222,000 238,000 $536,000 65,900 615,000 (271,000) 344,000 $946.500 $93,400 70,600 17,000 181,000 $153,200 $334,200 100,000 80,000 Capital paid in excess of par. 190,000 Retained earnings........ 242,300 Total stockholders' equity. 612,300 Total liabilities and stockholders' equity. $946.500
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Jackson Corporation Profitability ratios Profit margin 14480...View the full answer
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Related Book For
Foundations Of Financial Management
ISBN: 9781264097623
18th Edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
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