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pdt 5 points Assets 2018 Liabilities 2018 Cash and Cash Equivalents 63,000 3,000 21,000 20,000 Current...
Assets 2018 Liabilities 2018 Cash and Cash Equivalents 63,000 Current Liabilities 40,000 Short-term Investments 3,000 Long-term...
Assets 2018 Liabilities 2018 Cash and Cash Equivalents 63,000 Current Liabilities 40,000 Short-term Investments 3,000 Long-term Liabilities 120,000 Inventory 21,000 Total Liabilities 160,000 Accounts Receivables 20,000 Total Current Assets 107,000 Total Owners' Equity 597,000 Fixed Assets 650,000 Total Assets 757,000 What is the firm’s current ratio and quick ratio in this order? 1.58; 2.68 2.68; 1.58 1.58; 2.15 2.68; 2.15
Assets 2017 2018 Current assets Cash Accounts receivable Inventory JUST DEW IT CORPORATION 2017 and 2018...
Assets 2017 2018 Current assets Cash Accounts receivable Inventory JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 15,120 Accounts payable $ 61,600 25,200 Notes payable 14,400 89,040 $ 7,400 23,400 76,200 $ 62,160 18,240 Total $ 107,000 $ 129,360 Total $ 76,000 $ 80,400 $ 48,000 $ 36,000 Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings $ 60,000 216,000 $ 60,000 303,600 Net plant and equipment $293,000...
JUST DEW IT CORPORATION . 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017...
JUST DEW IT CORPORATION . 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 39,040 48,720 17,280 $ 4,000 11.280 20,400 90,480 $80,800 122,160 Cash Accounts Accounts payable Notes payable 14,880 12,960 receivable Inventory 61,920 Total $52.000 66,000 $ 48,000 36,000 Total Long-term debt Owners' equity surplus Common stock and paid-in $60,000 60,000 160,000 318,000 $220,000 $378.000 Total liabilities and owners' $320,000 $480,000 Retained earnings Net plant and equipment $239,200...
Chapter 3 Assignment 2018 Assets 2017 $ 53,000 147 points $ Current assets Cash Accounts receivable...
Chapter 3 Assignment 2018 Assets 2017 $ 53,000 147 points $ Current assets Cash Accounts receivable Inventory 6,560 16,160 61,280 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 I Current liabilities $ 8,600 Accounts payable $ 51,840 22,600 Notes payable 21,600 74,600 $105,800 Total $ 73,440 Long-term debt $ 32,000 eBook Total $ 84,000 $ 76,600 $30,000 References Owners' equity Common stock and paid-in $ 40,000 surplus Retained earnings 174,560 $ 40,000 253,400...
Assets 2017 2017 2018 $ Current assets Cash Accounts receivable Inventory 4,000 14.880 61.920 points 2017...
Assets 2017 2017 2018 $ Current assets Cash Accounts receivable Inventory 4,000 14.880 61.920 points 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 Current liabilities $ 11,280 Accounts payable $ 39,040 20.400 Notes payable 12.960 90.480 $ 122,160 Total $ 52,000 Long-term debt $ 48,000 $ 48,720 17.280 Total $ 80.800 $ 66,000 $ 36,000 eBook Print Owners' equity Common stock and paid-in s 60.000 surplus Retained earnings 160,000 $ 60.000 318,000 References Net plant and equipment $239,200...
JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners’ Equity 2017 2018...
JUST DEW IT CORPORATION 2017 and 2018 Balance
Sheets
Assets
Liabilities and Owners’ Equity
2017
2018
2017
2018
Current assets
Current liabilities
Cash
$
11,250
$
19,440
Accounts payable
$
30,600
$
49,200
Accounts receivable
11,850
16,080
Notes payable
24,900
31,200
Inventory
39,150
60,240
Total
$
62,250
$
95,760
Total
$
55,500
$
80,400
Long-term debt
$
27,000
$
24,000
Owners’ equity
Common stock and paid-in
surplus
$
48,000
$
48,000
Retained earnings
169,500
327,600
Net plant and equipment
$...
Assets $ Liabilities $ Current Assets Current Liabilities Cash 12,000 Accounts payable 28,500 Cash at bank...
Assets $ Liabilities $ Current Assets Current Liabilities Cash 12,000 Accounts payable 28,500 Cash at bank 7,000 Wages payable 7,000 Accounts receivable 35,000 Taxes payable 12,000 Inventory 30,500 Interest payable 15,000 Prepayments 3,300 Total current assets 87,800 Total current liabilities 62,500 Investments 25,000 Long-Term Liabilities Bank loan 335,000 Notes payable 15,000 Long-term liabilities 350,000 Property, Plant, and Equipment Total Liabilities 412,800 Land and building 156,000 Equipment 1,85,000 Less: Depreciation (63,000) 278,000 Stockholders’ Equity Intangible Assets Common stock 100,000 Goodwill 120,000...
2017 and 2018 Partial Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current...
2017 and 2018 Partial Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets $ 1,212 $ 1,315 Current liabilities $ 489 $ 547 Net fixed assets 4.980 5.999 Long-term debt 2,639 2,807 $ 15,346 PARROTHEAD ENTERPRISES 2018 Income Statement Sales Costs 7,144 Depreciation 1,369 Interest paid 392 a. What is owners' equity for 2017 and 2018? (Do not round intermediate calculations.) b. What is the change in net working capital for 2018? (Do not round intermediate...
Saved ment Assets 2017 2018 Current assets Cash Accounts receivable Inventory JUST DEW IT CORPORATION 2017...
Saved ment Assets 2017 2018 Current assets Cash Accounts receivable Inventory JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 18,260 Accounts payable $ 58,400 23,100 Notes payable 23.400 54,780 $ 96,140 Total $ 81,800 $ 14,200 19,000 51,800 $ 61,820 25,080 $ 86,900 Total $ 85,000 $ 22,000 Long-term debt $ 32,000 Owners' equity Common stock and paid-in $ 44,000 surplus Retained earnings 242,200 $ 44,000 287,100 Total $286,200 $...
JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners’ Equity 2017 2018...
JUST DEW IT CORPORATION
2017 and 2018 Balance Sheets
Assets
Liabilities and Owners’ Equity
2017
2018
2017
2018
Current assets
Current liabilities
Cash
$
6,600
$
12,750
Accounts payable
$
50,000
$
68,750
Accounts receivable
12,200
14,250
Notes payable
19,000
35,500
Inventory
78,200
95,250
Total
$
97,000
$
122,250
Total
$
69,000
$
104,250
Long-term debt
$
48,000
$
45,000
Owners’ equity
Common stock and paid-in
surplus
$
50,000
$
50,000
Retained earnings
233,000
300,750
Net plant and equipment
$...
Assets 2017 2018 Current assets Cash Accounts receivable Inventory JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 15,120 Accounts payable $ 61,600 25,200 Notes payable 14,400 89,040 $ 7,400 23,400 76,200 $ 62,160 18,240 Total $ 107,000 $ 129,360 Total $ 76,000 $ 80,400 $ 48,000 $ 36,000 Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings $ 60,000 216,000 $ 60,000 303,600 Net plant and equipment $293,000...
JUST DEW IT CORPORATION . 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 39,040 48,720 17,280 $ 4,000 11.280 20,400 90,480 $80,800 122,160 Cash Accounts Accounts payable Notes payable 14,880 12,960 receivable Inventory 61,920 Total $52.000 66,000 $ 48,000 36,000 Total Long-term debt Owners' equity surplus Common stock and paid-in $60,000 60,000 160,000 318,000 $220,000 $378.000 Total liabilities and owners' $320,000 $480,000 Retained earnings Net plant and equipment $239,200...
Chapter 3 Assignment 2018 Assets 2017 $ 53,000 147 points $ Current assets Cash Accounts receivable Inventory 6,560 16,160 61,280 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 I Current liabilities $ 8,600 Accounts payable $ 51,840 22,600 Notes payable 21,600 74,600 $105,800 Total $ 73,440 Long-term debt $ 32,000 eBook Total $ 84,000 $ 76,600 $30,000 References Owners' equity Common stock and paid-in $ 40,000 surplus Retained earnings 174,560 $ 40,000 253,400...
Assets 2017 2017 2018 $ Current assets Cash Accounts receivable Inventory 4,000 14.880 61.920 points 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 Current liabilities $ 11,280 Accounts payable $ 39,040 20.400 Notes payable 12.960 90.480 $ 122,160 Total $ 52,000 Long-term debt $ 48,000 $ 48,720 17.280 Total $ 80.800 $ 66,000 $ 36,000 eBook Print Owners' equity Common stock and paid-in s 60.000 surplus Retained earnings 160,000 $ 60.000 318,000 References Net plant and equipment $239,200...
JUST DEW IT CORPORATION 2017 and 2018 Balance
Sheets
Assets
Liabilities and Owners’ Equity
2017
2018
2017
2018
Current assets
Current liabilities
Cash
$
11,250
$
19,440
Accounts payable
$
30,600
$
49,200
Accounts receivable
11,850
16,080
Notes payable
24,900
31,200
Inventory
39,150
60,240
Total
$
62,250
$
95,760
Total
$
55,500
$
80,400
Long-term debt
$
27,000
$
24,000
Owners’ equity
Common stock and paid-in
surplus
$
48,000
$
48,000
Retained earnings
169,500
327,600
Net plant and equipment
$...
2017 and 2018 Partial Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets $ 1,212 $ 1,315 Current liabilities $ 489 $ 547 Net fixed assets 4.980 5.999 Long-term debt 2,639 2,807 $ 15,346 PARROTHEAD ENTERPRISES 2018 Income Statement Sales Costs 7,144 Depreciation 1,369 Interest paid 392 a. What is owners' equity for 2017 and 2018? (Do not round intermediate calculations.) b. What is the change in net working capital for 2018? (Do not round intermediate...
Saved ment Assets 2017 2018 Current assets Cash Accounts receivable Inventory JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 18,260 Accounts payable $ 58,400 23,100 Notes payable 23.400 54,780 $ 96,140 Total $ 81,800 $ 14,200 19,000 51,800 $ 61,820 25,080 $ 86,900 Total $ 85,000 $ 22,000 Long-term debt $ 32,000 Owners' equity Common stock and paid-in $ 44,000 surplus Retained earnings 242,200 $ 44,000 287,100 Total $286,200 $...
JUST DEW IT CORPORATION
2017 and 2018 Balance Sheets
Assets
Liabilities and Owners’ Equity
2017
2018
2017
2018
Current assets
Current liabilities
Cash
$
6,600
$
12,750
Accounts payable
$
50,000
$
68,750
Accounts receivable
12,200
14,250
Notes payable
19,000
35,500
Inventory
78,200
95,250
Total
$
97,000
$
122,250
Total
$
69,000
$
104,250
Long-term debt
$
48,000
$
45,000
Owners’ equity
Common stock and paid-in
surplus
$
50,000
$
50,000
Retained earnings
233,000
300,750
Net plant and equipment
$...
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