Compute D/E, Current ratio, Quick ratio:in 2020. Hint: you create profits with last year's assets. Income...

 

  

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Compute D/E, Current ratio, Quick ratio:in 2020. Hint: you create profits with last year's assets. Income Statement for 2020 Sales COGS SG&A D&A Interest Tax rate NI CL LTD 6,000 3,500 1,100 Balance Sheet Assets Cash CA PP&E Liabilities Equity Preferred Common RE 600 400 25% 2019 600 1800 3,100 1,600 1,100 100 1900 O A. (34.5%, 1.56, 0.44) B. (100%, 1.625, 0.625) O C. (93.3%, 1.56, 0.44) O D. (36.7%, 1.625, 0.625) 2020 800 2000 3000 1,800 1,000 100 1900 Compute D/E, Current ratio, Quick ratio:in 2020. Hint: you create profits with last year's assets. Income Statement for 2020 Sales COGS SG&A D&A Interest Tax rate NI CL LTD 6,000 3,500 1,100 Balance Sheet Assets Cash CA PP&E Liabilities Equity Preferred Common RE 600 400 25% 2019 600 1800 3,100 1,600 1,100 100 1900 O A. (34.5%, 1.56, 0.44) B. (100%, 1.625, 0.625) O C. (93.3%, 1.56, 0.44) O D. (36.7%, 1.625, 0.625) 2020 800 2000 3000 1,800 1,000 100 1900

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DE Total liabilitiesTotal equity 2020 Total liabilities 1800 1000 2800 Total equity 100 1900 2000 DE ... View the full answer