Excelsior Corporation has the following headings on its December 3 1 , 2 0 1 9 Balance
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Question:
Excelsior Corporation has the following headings on its December Balance Sheet:
Total Current Assets $
Total Assets $
Total Current Liabilities $
Total Non Current Liabilities $
On January Excelsior pays off $ in long term debt by transferring title to one of its idle factories to the creditor
Required : Assume no other transaction in How much will working capital increasedecrease by when comparing December with January $
Required : The current ratio of is:
Required : Excelsior's financial leverage in is calculate it as a debt to equity ratio:
Required : Excelsior's financial leverage in is calculate the Equity Ratio and not the Equity Ratio percentage:
Required : If sales for amount to $ the working capital turnover for is:
Posted Date: