Question: one question multiple steps help please Computing Liquidity and Solvency Ratios The following selected year-end financial information is summarized from a recent form 10 .




Computing Liquidity and Solvency Ratios The following selected year-end financial information is summarized from a recent form 10 . of United Parcel Services linc. for the year ended December 31 ( $ millions). Compute the following ratios: a. Current ratio b. Quich ratio c. fotal liabilities-to-equity Indirect Method - Preparing a Statement of Cash Flows Kidman Corp. reported the following financial statements. Prepare the statement of cash flows for the current year ended December 31, using the indirect method to present cash flows from operating activities. -Note indude a negatve sign (-) for any amount that would be subtracted in the statement of cash flows. se was $96,000 and was reported as part of operating expenses in the income statement. Following are changes in account balarkes from last year to the current year. npary using the indirect method. cash flows. Prepare the statement of cash flows for the current year ended December 31 , using the indirect method to present cash flows from operating activities. - Note: Include a negative sign (-) for any amount that would be subtracted in the statement of eash flows. Indirect Method-Preparing the Operating Activities Section Pitt Corp. reported net income of $900,000 for the year ended December 31. Depreciation expense was $96,000 and was reported Prepare the current year's operating activities section of the statement of cash flows for Pitt Company using the indirect method. - Note: Include a negative sign ( -) for any amount that would be subtracted in the statement of cash flows
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