Prepare a balance sheet from the following information. What is the net working capital and debt ratio?
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Prepare a balance sheet from the following information. What is the net working capital and debt ratio?
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Cash Accounts receivable Accounts payable Short-term notes payable Inventories Gross fixed assets Other current assets Long-term debt Common stock Other assets Accumulated depreciation Retained earnings $ 50,000 42,700 23,000 10,500 40,000 1,280,000 5,000 200,000 490,000 15,000 312,000 ?
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Answer Total Assets Total Assets Cash Accounts Receivable Inventories Other Current Assets Gross Fix...View the full answer
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Related Book For
Foundations Of Finance
ISBN: 9781292155135
9th Global Edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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