Question: GNMENT RESOURCES ter 18 Homework ercise 183 teise 18.5 vercise 19.2 xercise 18-8 Cash roblem 18-2 WIEMERS CORPORATION Balance Sheets December 31 2017 $ 4,100
GNMENT RESOURCES ter 18 Homework ercise 183 teise 18.5 vercise 19.2 xercise 18-8 Cash roblem 18-2 WIEMERS CORPORATION Balance Sheets December 31 2017 $ 4,100 Accounts receivable (net) 20,900 Inventory 10,400 Land 19,900 Buildings 69,500 Accumulated depreciation-buildings (14,700) Total $110.100 Accounts payable $ 12,300 Common stock 74,500 Retained earnings 23,300 $110,100 2016 $ 4,100 23,200 7.500 26,000 69.500 (10,400) $119.900 $ 31,600 lew Score lew Results by Study ective 70.500 17,800 $119,900 Total Wiemers's 2017 Income statement included net sales of $109,000, cost of goods sold of $59,500, and net income of $14,300. Compute the following ratios for 2017. (Round answers places, e.. 1.65, or 1.65%) Current ratio Acid-test ratio Accounts receivable turnove Inventory turnover Profit margin Asset turnover Return on assets Return on common stockholders' equity Debt to assets ratio
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
