Donnelly consulting inc.'s comparative balance sheet and additional data are shown below (attached). create a statement of cash flows for the year ended december 31, 2017 create a retained earnings statement calculate the following ratios for the company: a. current ratio b. cash ratio c. debt ratio d. debt to equity ratio e. earnings per share f. price/earnings ratio g. rate of return on common stockholder's equity

  

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Using the browser's print willdaddydable print-out. Use the Print item from the "Question Help" menu to get a better print 8Hparative Balance Sheet December 31, 2017 and 2016 Current Assets: Cash Accounts Receivable Office Supplies Long-Term Assets: Plant Assets Accumulated Depreciation-Plant Assets Total Assets Current Liabilities: Accounts Payable Salaries Payable Unearned Revenue Interest Payable Long-Term Liabilities: Notes Payable Bonds Payable Discount on Bonds Payable Total Liabilities Assets Common Stock, no par Retained Earnings Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ 1,329,376 $ 33,500 1,950 $ 2017 $ 106,000 (2,120) 1,468,706 $ 7,750 $ 3,500 0 20,000 400,000 900,000 (92,744) 1,238,506 110,200 120,000 230,200 1,468,706 $ 2016 32,740 2,500 250 6,000 (100) 41,390 4,150 750 1,800 0 0 0 0 6,700 200 34,490 34,690 41,390 Using the browser's print willdaddydable print-out. Use the Print item from the "Question Help" menu to get a better print 8Hparative Balance Sheet December 31, 2017 and 2016 Current Assets: Cash Accounts Receivable Office Supplies Long-Term Assets: Plant Assets Accumulated Depreciation-Plant Assets Total Assets Current Liabilities: Accounts Payable Salaries Payable Unearned Revenue Interest Payable Long-Term Liabilities: Notes Payable Bonds Payable Discount on Bonds Payable Total Liabilities Assets Common Stock, no par Retained Earnings Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ 1,329,376 $ 33,500 1,950 $ 2017 $ 106,000 (2,120) 1,468,706 $ 7,750 $ 3,500 0 20,000 400,000 900,000 (92,744) 1,238,506 110,200 120,000 230,200 1,468,706 $ 2016 32,740 2,500 250 6,000 (100) 41,390 4,150 750 1,800 0 0 0 0 6,700 200 34,490 34,690 41,390

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To create a statement of cash flows calculate a retained earnings statement and compute various financial ratios well need to carefully analyze the provided comparative balance sheet and the additiona... View the full answer