Assets Current assets: Cash... Short-term investments. Accounts receivable.. Prepaid Rent... Total current assets. Property, plant and...
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Assets Current assets: Cash... Short-term investments. Accounts receivable.. Prepaid Rent... Total current assets. Property, plant and equipment: Land and building. Machinery and equipment.. Less accumulated depreciation.... Property and equipment, net......... Long-term investments. Other assets.. Total assets. 2004 $ 12,597 $ 5,003 2,315 3,000 22,915 Balance Sheets December 31, 2004 and 2003 65,553 5,000 70,553 5,775 64,778 1,353 283 89,329 2003 8,173 3,517 3,750 3,000 18,440 28,369 3,511 31,880 4,321 27,559 4,587 211 $ 50,797 Liabilities Current liabilities: Note payable.. Accounts payable.. Accrued wages.. Taxes payable. Total current liabilities. Long-term debt.. Owner's Equity Total owners' equity....... Total liabilities and $ 2004 2) Calculate current ratio, quick ratio 3) Calculate debt ratio, debt to equity ratio and interpret the calculated values. 4,200 375 1,579 5,386 11,540 50,000 27,789 $ Requirement: 1) If this company is asking for loan amount for 8 months, which ratio bank should use to evaluate the paying abilities of this firm? 2003 4,752 15 1,149 4,722 10,638 20,000 owners' equity. $ 89,329 $ 50,797 20,159 Assets Current assets: Cash... Short-term investments. Accounts receivable.. Prepaid Rent... Total current assets. Property, plant and equipment: Land and building. Machinery and equipment.. Less accumulated depreciation.... Property and equipment, net......... Long-term investments. Other assets.. Total assets. 2004 $ 12,597 $ 5,003 2,315 3,000 22,915 Balance Sheets December 31, 2004 and 2003 65,553 5,000 70,553 5,775 64,778 1,353 283 89,329 2003 8,173 3,517 3,750 3,000 18,440 28,369 3,511 31,880 4,321 27,559 4,587 211 $ 50,797 Liabilities Current liabilities: Note payable.. Accounts payable.. Accrued wages.. Taxes payable. Total current liabilities. Long-term debt.. Owner's Equity Total owners' equity....... Total liabilities and $ 2004 2) Calculate current ratio, quick ratio 3) Calculate debt ratio, debt to equity ratio and interpret the calculated values. 4,200 375 1,579 5,386 11,540 50,000 27,789 $ Requirement: 1) If this company is asking for loan amount for 8 months, which ratio bank should use to evaluate the paying abilities of this firm? 2003 4,752 15 1,149 4,722 10,638 20,000 owners' equity. $ 89,329 $ 50,797 20,159
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ROE profit margin x asset turnover x financial leverage 2004 2003 Profit Margin Net ProfitSales 358... View the full answer
Related Book For
Managing Supply Chain and Operations An Integrative Approach
ISBN: 978-0132832403
1st edition
Authors: Thomas Foster, Scott E. Sampson, Cynthia Wallin, Scott W Webb
Posted Date:
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