The balance sheet for Rodman Company is as follows. In addition, the following information for 2012 has

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The balance sheet for Rodman Company is as follows.


Rodman Company Balance Sheet December 31, 2012 Assets Current assets: Cash (a) Accounts receivable 55,000 Total current


In addition, the following information for 2012 has been assembled:
Debt ratio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50%
Current ratio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.2
Compute the missing values (a) through(i).

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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