Question: can you please help me solve the attached problem! Homework: HW3 Save Score: 0 of 1 pt 4 of 5 (0 complete) HW Score: 0%,

can you please help me solve the attached problem!

can you please help me solve the attached problem! Homework: HW3 Save

Homework: HW3 Save Score: 0 of 1 pt 4 of 5 (0 complete) HW Score: 0%, 0 of 5 pts Instructor-created question Question Help (Interpreting financial statements and measuring cash flows) Given the information below for Pamplin Inc.: How much is the firm's net working capital and what is the debt ratio for 2010? Pamplin Inc. Balance Sheet at 12/31/2009 and 12/31/2010 Pamplin Inc. Income Statement for Years Ending 12/31/2009 and 12/31/2010 - X a. How much is the firm's net working capital and what is the debt ratio? i Definition The net working capital is $]. (Round to the nearest dollar.) The debt ratio is %%. (Round to one decimal place.) Pamplin Inc. Balance Sheet at 12/31/2009 and 12/31/2010 ASSETS 2009 2010 Cash $200 $150 Accounts receivable 450 425 Inventory 550 625 Current assets 1,200 $1,200 i Definition - X Plant and equipment $2.200 $2.600 Less accumulated depreciation - 1,000 - 1,200 Net plant and equipment $1,200 $1,400 Total assets $2.400 $2.600 Pamplin Inc. Income Statement for Years Ending 12/31/2009 and 12/31/20108 LIABILITIES AND OWNERS' EQUITY 2009 2010 2009 2010 Sales $1,200 $1,450 Cost of goods sold 700 850 Accounts payable $200 $150 Notes payable--current (9%) 150 Gross profit $500 $600 Current liabilities $200 $300 Selling, general and administrative expenses $30 $40 200 Bonds $600 Depreciation 220 $600 250 240 Operating income $250 $360 Owners' equity 50 Common stock $900 $900 Interest expense 64 700 800 Net income before taxes $200 Retained earnings $296 Total owners' equity $1,700 Taxes (40%) 118 $1,600 $2.400 $2.600 Net income Total liabilities and owners' equity $120 $178 Print Done Print Done Enter your answer in the edit fields and then click Check

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