Question: This is the follow up question c Silver Tone Partners, Inc. BALANCE SHEETS As of December 31 2016 & 2015 Current Assets Total Current Assets
c Silver Tone Partners, Inc. BALANCE SHEETS As of December 31 2016 & 2015 Current Assets Total Current Assets ProperF,fr Plant & Equi ment Total Prop Other Assets Plant & Total Other Assets TOTAL ASSETS LIABILITIES & STOCKHOLDER'S E@UITY Current Liabilities Total Current Liabilities Long Term Lia>ilities Tpt4Lorpg Term Liabilities Total Liabilities Total *pckholder's Equi TOTAL LIABILITIES & STOCKHOLDER'S EQUITY A. Please prepare the Balance Sheets & Variance column for the comparative ears b . 1. Typing the necessary account names from the Working Trial Balance. 2. Linking by formula the dollar amounts for the comparative years from the Working Trial Balance. 13. Creating the necessary formulas to foot and cross foot all colurnp> ensurin Ithe figures mathematicall adgpqpg reconcile. Create formulas for each ratio listed below to properly compute the ratios; Working Capital Current Ratio IQuick Ratio 1 Debt Ratio /EquiW Ratio Assetto Equi Debtto Equi ICash Ratio
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
