Question: plz answer thank u Financial statement analysis The financial statements of Zach Industries for the year ended December 31, 2022, follow HE a. Use the




Financial statement analysis The financial statements of Zach indugtries for the year ended Docember 31, 2022, follow a. Use the financial statements to complete the following table Assume the industry averages given in the table are applicable for both 2021 and 2022. b. Analyze Zach industries' financial condition as it is related to (1) liquidity, (2) activity, (3) debt, (4) profitability, and (5) market. Sumenarte the corripany s overalf financial condition. 2. The carront ratio is (Round to two docimal places.) Liabilities and Stockholders' Equity \begin{tabular}{lr} \hline Accounts payable & $22,200 \\ Notes payable & 46,700 \\ Total current liabilities & $68,900 \\ Long-term debt & $22,910 \\ Common stock* & $31,000 \\ Retained earnings & $26,520 \\ \hline Total liabilities and stockholders' equity & $149,330 \\ \hline \hline \end{tabular} 'The firm's 2,800 outstanding shares of common stock closed 2022 at a price of $25 per share. Financial statement analysis The financial statements of Zach indugtries for the year ended Docember 31, 2022, follow a. Use the financial statements to complete the following table Assume the industry averages given in the table are applicable for both 2021 and 2022. b. Analyze Zach industries' financial condition as it is related to (1) liquidity, (2) activity, (3) debt, (4) profitability, and (5) market. Sumenarte the corripany s overalf financial condition. 2. The carront ratio is (Round to two docimal places.) Zach Industries Balance Sheet December 31, 2022 Assets \begin{tabular}{lr} Cash & $460 \\ Marketable securities & 970 \\ Accounts receivable & 24,900 \\ Inventories & 45,700 \\ Total current assets & $72,030 \\ Land & $25,700 \\ Buildings and equipment & 89,500 \\ Less: Accumulated depreciation & 37,900 \\ \multicolumn{1}{r}{ Net fixed assets } & $77,300 \\ Total assets & $149,330 \\ \hline \end{tabular} Data table (Click the icon here in order to copy the contents of the data table below into a spreadsheet.) Liabilities and Stockholders' Equity \begin{tabular}{lr} \hline Accounts payable & $22,200 \\ Notes payable & 46,700 \\ Total current liabilities & $68,900 \\ Long-term debt & $22,910 \\ Common stock* & $31,000 \\ Retained earnings & $26,520 \\ \hline Total liabilities and stockholders' equity & $149,330 \\ \hline \hline \end{tabular} 'The firm's 2,800 outstanding shares of common stock closed 2022 at a price of $25 per share. Data table (Click the icon here in order to copy the contents of the data table below into a spreadsheet.) Zach Industries Balance Sheet December 31, 2022 Assets \begin{tabular}{lr} Cash & $460 \\ Marketable securities & 970 \\ Accounts receivable & 24,900 \\ Inventories & 45,700 \\ Total current assets & $72,030 \\ Land & $25,700 \\ Buildings and equipment & 89,500 \\ Less: Accumulated depreciation & 37,900 \\ \multicolumn{1}{r}{ Net fixed assets } & $77,300 \\ Total assets & $149,330 \\ \hline \end{tabular}
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
