Current Assets Cash Assets Accounts Receivable Inventory Total Total assets Just Dew It Corporation 2018 and...
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Current Assets Cash Assets Accounts Receivable Inventory Total Total assets Just Dew It Corporation 2018 and 2019 Balance Sheets 2018 2019 Liabilities and Owner's Equity 2018 2019 Current Liabilities Accounts payable $11,135 $13,407 28,419 30,915 Notes payable Total 51,163 56,295 $90,717 $100,617 Long term debt Owners' equity Net plant and equipment $326,456 $357,560 Common stock and $50,000 a. Current ratio. b. Quick ratio. c. Cash ratio. d. NWC to total assets ratio. $45,166 17,773 $62,939 paid-in surplus Retained earnings Total $44,000 $48,185 18,257 $66,442 $39,000 $50,000 260,234 302,735 $310,234 $352,735 $417,173 $458,177 Total liabilities and $417,173 $458,177 owners' equity 13. Based on the balance sheets given for Just Dew It, calculate the following financial ratios for each year: Current Assets Cash Assets Accounts Receivable Inventory Total Total assets Just Dew It Corporation 2018 and 2019 Balance Sheets 2018 2019 Liabilities and Owner's Equity 2018 2019 Current Liabilities Accounts payable $11,135 $13,407 28,419 30,915 Notes payable Total 51,163 56,295 $90,717 $100,617 Long term debt Owners' equity Net plant and equipment $326,456 $357,560 Common stock and $50,000 a. Current ratio. b. Quick ratio. c. Cash ratio. d. NWC to total assets ratio. $45,166 17,773 $62,939 paid-in surplus Retained earnings Total $44,000 $48,185 18,257 $66,442 $39,000 $50,000 260,234 302,735 $310,234 $352,735 $417,173 $458,177 Total liabilities and $417,173 $458,177 owners' equity 13. Based on the balance sheets given for Just Dew It, calculate the following financial ratios for each year:
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Related Book For
Corporate Finance
ISBN: 978-1259918940
12th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
Posted Date:
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