Question: Calculate: 1) the debt to equity ratio 2) the current liabilities to equity ratio given the following financial information: Cash and Securities $643,096.4 Notes Payable

Calculate:

1) the debt to equity ratio

2) the current liabilities to equity ratio given the following financial information:

Cash and Securities $643,096.4 Notes Payable $70,310.44
Accounts Receivables $1,603,294.18 Accounts Payable $1,397,571.44
Retainage $139,684.56 Retainage (subs) $120,717.71
Underbillings $249,895.05 Overbillings $208,982
Fixed Assets $716,976.24 Fixed Liabilities $300,700.74

I need help with this!

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

Below what temperature does the Debye equation predict ferroelectric behavior for water? Use 0 = 1.86 D and /4 0 = 1.5 10 24 cm 3 .

Q:

Compute debt and equity ratio for the current year and on year ago. [ The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. At December...

Q:

appendix b appendix c Columbia Sportswear Company's financial statements are presented in Appendix B. Click here to view Appendix B. The financial statements of VF Corporation are presented in...

Q:

Columbia Sportswear Company's financial statements are presented in Appendix B. Click here to view Appendix B. The financial statements of VF Corporation are presented in Appendix C. Click here to...

Q:

Hi, Can someone please help with the following questions from my finance 100 mid term? Thank you Suppose the following rates are averages for banks in your area: interest checking accounts pay 1%,...

Q:

Required 1. Compute the following liquidity and solvency ratios for Coca-Cola. a. Current ratio b. Quick ratio c. Debt-to-equity ratio d. Times interest earned \begin{tabular}{|c|c|c|} \hline...

Q:

Q1. The CEO of High Tech International decides to change an accounting method at the end of the current year. The change results in reported profits increasing by 5%, but the company's cash flows are...

Q:

Columbia Sportswear Company's financial statements are presented in Appendix B. Click here to view Appendix B. The financial statements of VF Corporation are presented in Appendix C. Click here to...

Q:

For each company, calculate the following values for 2016. Assume Columbia's weighted- average common shares outstanding was 69,683,000, and VF's was 416,103,000. (Hint: When calculating free cash...

Q:

NPV A project has an initial cost of $59,900, expected net cash inflows of $11,000 per year for 8 years, and a cost of capital of 8%. What is the project's NPV? Construct a time line. NPVs, IRRs, and...

Q:

Balance Sheet Ratios for 2004 and 2005 Calculate the Current Ratio Calculate the Book Debt to Equity Ratio Calculate the Market Debt to Equity Ratio (Use Book Value of Debt and Market Capitalization...

Q:

Is this technique generally a good idea or a bad idea? Why is it considered good or why is it bad?

Q:

Your best friend is from another country outside the United States. One day after a particularly stimulating lecture on the meaning of ethics by your instructor, you and your friend disagree about...

Q:

Estimate the percentage of food delivery app's usage for which the number of days between orders is between 2 1 and 3 5 .

Q:

Which for the following are always true for a spontaneous process? (Choose all correct answers) OEnthalpy of the universe increases Enthalpy of the surroundings increases Entropy of the surroundings...

Q:

The records show that the lifetimes of electric bulbs manufactured in the past by BIG Corporation have a mean of 9180 hours and a standard deviation of 125. The corporation claims that the current...

Q:

Executives at The Thinking Channel have decided to test whether the educational backgrounds of the channel's viewers are different from the educational backgrounds of American adults (ages 25 and...

Q:

Suppose that a certain college class contains 36 students. Of these, 17 are juniors, 22 are social science majors, and 12 are neither. A student is selected at random from the class. (a) What is the...

Q:

Top HR/TQM Report HUMAN RESOURCES SUMMARY Andrews Baldwin Chester Digby Needed Complement 770 696 474 571 Complement 771 696 474 571 1st Shift Complement 494 403 288 386 2nd Shift Complement 277 293...

Q:

OUTCOME 2 Identify the legal framework, including the Charter and human rights legislation.

Q:

OUTCOME 4 Discuss the Employment Equity Act with respect to its origins, its purpose, and its continued enforcement and the implementation of employment equity in organizations.

Q:

OUTCOME 5 Discuss sexual harassment as an employment equity issue.