Question: Compute the applicable ratios shown below for 2 0 2 3 . Cutrrrent ratio, total asset turnover and net profit margin others Herm and Steve

Compute the applicable ratios shown below for 2023. Cutrrrent ratio, total asset turnover and net profit margin others Herm and Steve Hargenrater began operations of their tool and die shop (H & H Tool) on January 1,1987, in adville, PA. The annual reporting period ends December 31. Assume that the trial balance on January 1,2023, was follows:
\table[[\table[[H & H Tool.],[Trial Balance on January 1,2023],[(dollars in millions, except par value)]],Debit,Credit],[Cash,6,],[Accounts receivable,5,],[Supplies,13,],[Land,,],[Equipment,78,],[Accumulated depreciation (on equipment),,8],[\table[[Other. noncurrent assets (not detailed to simplify)],[Accounts payable]],7,],[Wages payable,,],[Interest payable,,],[Dividends payable,,],[Income taxes payable,,],[Long-term notes payable,,],[Common stock (8 million shares, $0.50 par value),,4],[Additional paid-in capital,,80],[Retained earnings,,17],[Service revenue,,],[Depreciation expense,,],[Supplies expense,,],[Wages expense,,],[Interest expense,,],[\table[[Miscellaneous expenses (not detailed to simplify)],[Totals]],109,109]]
nsactions during 2023 follow. All dollars are in millions, except per share amounts:
Borrowed $15 cash on a five-year, 8 percent note payable, dated March 1,2023.
Sold 4 million additional shares of common stock for cash at $1 market value per share on January 1,2023. Purchased land for a future building site; paid cash, $13. Earned $215 in revenues for 2023, including $52 on credit and the rest in cash.
 Compute the applicable ratios shown below for 2023. Cutrrrent ratio, total

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