Question: Update To keep up-to-date with security updates, fixes, and improvements, choose Cher xvfx 0 E F med poble cell 0 46 Skyler Follmer Chapter 3

Update To keep up-to-date with security updates, fixes, and improvements, choose Cher xvfx 0 E F med poble cell 0 46 Skyler Follmer Chapter 3 Extra Credit BOBCAT GOLF CORP. To complete this as 2021 Income statement Sales $ 531,750 Cost of goods sold 377 294 Depreciation 46,686 EBIT Interest paid 20.650 Taxable income Taxes Rate 25% Net income Dividends Retained earnings $ 20,000 BOBCAT GOLI 2020 and 2021 B Assets 2020 2021 Current assets Cash $ 32.653 S 39.350 Summary Sheet! E 18 20 20 GUC 18010 43 TA O Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. xfx A3 D T 46 Sky OPON Pograde BOBCAT GOLF CORP. 2020 and 2021 Balance Sheets Asses 2020 2021 Cument asses Current bites Cash Accounts receivable Inventory Total $ 32053 10.011 34.495 $ 39,360 Accounts payable 28.877 Notes payable 44.336 Other Total Liabilities and owners' equity 2020 2021 $ 34,806 44,205 18.008 18848 18871 25,019 Long-term debt 110,000 140,000 Owners' equity Common stock and paid-in surplus $ Fixed assets Accumulated retained eamings 55,000 288,343 $6,000 Net plant and equipment 441,099 502 872 Total Total assets Total liabilities and owners' equity Ratios Liquidity rabos Summary Sheett Ready Questions The DuPont the same as the Data Check for Upidem Ce Update To keep up-to-date WILIT :x fx D E ' G ned possible cell 0 46 Liquidity ratios 2020 Current ratio 2021 Current ratio - 2020 Quick ratio 2021 Quick ratio Asset utilization ratios: Total asset turnover Inventory turnover Receivables tumover Long-term solvency ratios: 2020 Total debt ratio 2021 Total debt ratio 2020 Debt-equity ratio 2021 Debt-equity ratio 2020 Equity mulitplier 2021 Equity multiplier Skylar Follmer 2021 Times interest earned ratio Profitability ratios: 2021 Summary Sheet1 ady 18 20 12 000 1000 TA 4 fi D E F G ned possible cell 0 46 2020 Total debt ratio 2021 Total debt ratio 2020 Debl-equity ratio 2021 Debt-equity ratio 2020 Equity mulitplier 2021 Equity multiplier Times interest eamed ratio Profitability ratios: Profit margin Return on assets Return on equity Summary Sheet! By Skylar Follmer 2021 18 800

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!