The following data were taken fro Mesa company's balance sheet: Dec.31, 2019 Dec.31, 2018 Total liabilities...
The following data were taken fro Mesa company's balance sheet: Dec.31, 2019 Dec.31, 2018 Total liabilities $547,800. $518,000 Total owner's equity 415,000 370,000 a. Compare the ratio of liabilities to owners equity. b. Has the creditors risk increased or decreased from December 31, 2018 to December 31, 2019?
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The following data were taken fro Mesa company's balance sheet:
Dec.31, 2019 Dec.31, 2018 Total liabilities...
Ratio of Liabilities to Owner's Equity The following data were taken from Alvarado Company's balance sheet:...
Ratio of Liabilities to Owner's Equity The following data were taken from Alvarado Company's balance sheet: Dec. 31, 2019 Dec. 31, 2018 Total liabilities $4,085,000 $2,880,000 Total owner's equity 4,300,000 3,600,000 a. Compute the ratio of liabilities to owner's equity. Round your answers to two decimals. Ratio of Liabilities to Owner's Equity Dec. 31, 2019 Dec. 31, 2018 b. Has the creditor's risk increased or decreased from December 31, 2018, to December 31, 2019?
ities to stockholders' equity h owing data were taken from Alvarado Company's balance sheet: Dec. 31,...
ities to stockholders' equity h owing data were taken from Alvarado Company's balance sheet: Dec. 31, 2014 Dec 31, 2043 $4,200,000 $2,480,000 The stockholders' equity 4,200,000 3,100,000 a compute the ratio of liabilities to stockholders' equity for each year. Round your answers to 2 decimal places. Dec 31, 2014 Dec 31, 2013 b. Has the creditor's risk increased or decreased from Decamber 31, 2013, to December 31, 2014?
eBook Show Me How Calculator Print Item Ratio of liabilities to stockholders' equity The following data...
eBook Show Me How Calculator Print Item Ratio of liabilities to stockholders' equity The following data were taken from Alvarado Company's balance sheet: Dec. 31, 2014 Dec. 31, 20Y3 Total liabilities $4,800,000 $2,240,000 Total stockholders' equity 4,800,000 2,800,000 a. Compute the ratio of liabilities to stockholders' equity for each year. Round your answers to 2 decimal places. Dec. 31, 2014 Dec. 31, 20Y3 b. Has the creditor's risk increased or decreased from December 31, 20Y3, to December 31, 20Y4?
Bethesda Mining Company reports the following balance sheet Information for 2018 and 2019. 2018 2019 Assets...
Bethesda Mining Company reports the following balance sheet Information for 2018 and 2019. 2018 2019 Assets Current assets Cash Accounts receivable BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Llabilities and Owners' Equity Current liabilities $ 31,982 $ 41,399 Accounts payable 58,781 79,139 Notes payable $ 193,422 $ 201,111 88,520 140,088 Inventory 131,971 198,632 Total $ 281,942 $ 341,199 Total $222,734 $319,170 $244.000 $ 180,750 Long-term debt Owners' equity Common stock and pald-In surplus...
Here is selected financial statement data regarding a company's balance sheet. Dec. 31, 2018 Dec. 31,...
Here is selected financial statement data regarding a company's balance sheet. Dec. 31, 2018 Dec. 31, 2017 Assets Investments, long-term $ 14,000,000 $ 10,000,000 Liabilities and Stockholders' Equity Bonds payable $ 10,000,000 $ 4,000,000 ... Common stock 800,000 800,000 Paid-in capital in excess of par value 120,000 120,000 Retained earnings 1,800,000 1,470,000 Total stockholders' equity 2,720,000 2,390,000 During the year, the company sold investments with an original cost of $2,000,000 for $2,400,000. In the statement of cash flows, the significant...
Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. 2018 2019 BETHESDA...
Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. 2018 2019 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 26,530 $ 34,778 Accounts payable Accounts receivable 57,781 78,139 Notes payable Inventory $ 194,422 89,520 $ 202,111 141,088 134,324 201,260 Total $283,942 $ 343,199 Total $ 218,635 $ 314,177 $246,000 $ 182,750 Long-term debt Owners' equity Common stock and paid-in...
Bethesda Mining Company reports the following balance sheet Information for 2018 and 2019. 2018 2019 Assets...
Bethesda Mining Company reports the following balance sheet Information for 2018 and 2019. 2018 2019 Assets Current assets Cash Accounts receivable BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Llabilities and Owners' Equity Current liabilities $ 31,982 $ 41,399 Accounts payable 58,781 79,139 Notes payable $ 193,422 $ 201,111 88,520 140,088 Inventory 131,971 198,632 Total $ 281,942 $ 341,199 Total $222,734 $319,170 $244.000 $ 180,750 Long-term debt Owners' equity Common stock and pald-In surplus...
Brooklet Company reports the following balance sheet information for 2018 and 2019. 2018 2019 Assets Current...
Brooklet Company reports the following balance sheet information for 2018 and 2019. 2018 2019 Assets Current assets Cash Accounts receivable Inventory BROOKLET COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Liabilities and Owners' Equity Current liabilities $ 45,262 $ 57,602 Accounts payable 61,281 61,281 81,639 81,639 Notes payable 126,088 192,061 $ 190,922 $ 198,611 86,020 137,588 Total $276,942 $ 336,199 Total $ 232,631 $ 331,302 Long-term debt $239,000 $ 175,750 Owners' equity Common stock and paid-in...
12. The total Assets on the December 31, 2011 balance sheet would be $110.000 $ 101,000...
12. The total Assets on the December 31, 2011 balance sheet would be $110.000 $ 101,000 S 103,000 $ 108,000 None of the above 13. Jim Company's Retained Earnings increased by $10,000 during 2011. Net income for 2011 was $14,000 and the ending balance in Cash was $4,000. Div declared and paid during 2011 were: $24,000. $14,000 $4,000. $8,000. None of the above A transaction caused a $5,000 increase in both total assets and total owners' equity. This transaction could...
Table 4-6 Sample Balance Sheet 2018 2019 7,000,000 9,000,000 Current assets Total fixed assets Total assets...
Table 4-6 Sample Balance Sheet 2018 2019 7,000,000 9,000,000 Current assets Total fixed assets Total assets 8,000,000 15,000,000 6,000,000 15,000,000 Current liabilities Long term debt 3,000,000 4,000,000 1,000,000 4,000,000 Owner's equity 8,000,000 10,000,000 Total liabilities & owner's equity 15.000.000 15.000.000 3.Based on the Balance Sheet Below on Table 4-6, Calculate the following for each year: 2018 Current Ratio: Debt-to-Asset Ratio: 2019 Current Ratio: Debt-to-Asset Ratio: B.Explain what each of these ratios mean. Did they improve or decline from 2018 to...
Ratio of Liabilities to Owner's Equity The following data were taken from Alvarado Company's balance sheet: Dec. 31, 2019 Dec. 31, 2018 Total liabilities $4,085,000 $2,880,000 Total owner's equity 4,300,000 3,600,000 a. Compute the ratio of liabilities to owner's equity. Round your answers to two decimals. Ratio of Liabilities to Owner's Equity Dec. 31, 2019 Dec. 31, 2018 b. Has the creditor's risk increased or decreased from December 31, 2018, to December 31, 2019?
ities to stockholders' equity h owing data were taken from Alvarado Company's balance sheet: Dec. 31, 2014 Dec 31, 2043 $4,200,000 $2,480,000 The stockholders' equity 4,200,000 3,100,000 a compute the ratio of liabilities to stockholders' equity for each year. Round your answers to 2 decimal places. Dec 31, 2014 Dec 31, 2013 b. Has the creditor's risk increased or decreased from Decamber 31, 2013, to December 31, 2014?
eBook Show Me How Calculator Print Item Ratio of liabilities to stockholders' equity The following data were taken from Alvarado Company's balance sheet: Dec. 31, 2014 Dec. 31, 20Y3 Total liabilities $4,800,000 $2,240,000 Total stockholders' equity 4,800,000 2,800,000 a. Compute the ratio of liabilities to stockholders' equity for each year. Round your answers to 2 decimal places. Dec. 31, 2014 Dec. 31, 20Y3 b. Has the creditor's risk increased or decreased from December 31, 20Y3, to December 31, 20Y4?
Bethesda Mining Company reports the following balance sheet Information for 2018 and 2019. 2018 2019 Assets Current assets Cash Accounts receivable BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Llabilities and Owners' Equity Current liabilities $ 31,982 $ 41,399 Accounts payable 58,781 79,139 Notes payable $ 193,422 $ 201,111 88,520 140,088 Inventory 131,971 198,632 Total $ 281,942 $ 341,199 Total $222,734 $319,170 $244.000 $ 180,750 Long-term debt Owners' equity Common stock and pald-In surplus...
Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. 2018 2019 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 26,530 $ 34,778 Accounts payable Accounts receivable 57,781 78,139 Notes payable Inventory $ 194,422 89,520 $ 202,111 141,088 134,324 201,260 Total $283,942 $ 343,199 Total $ 218,635 $ 314,177 $246,000 $ 182,750 Long-term debt Owners' equity Common stock and paid-in...
Bethesda Mining Company reports the following balance sheet Information for 2018 and 2019. 2018 2019 Assets Current assets Cash Accounts receivable BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Llabilities and Owners' Equity Current liabilities $ 31,982 $ 41,399 Accounts payable 58,781 79,139 Notes payable $ 193,422 $ 201,111 88,520 140,088 Inventory 131,971 198,632 Total $ 281,942 $ 341,199 Total $222,734 $319,170 $244.000 $ 180,750 Long-term debt Owners' equity Common stock and pald-In surplus...
Brooklet Company reports the following balance sheet information for 2018 and 2019. 2018 2019 Assets Current assets Cash Accounts receivable Inventory BROOKLET COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Liabilities and Owners' Equity Current liabilities $ 45,262 $ 57,602 Accounts payable 61,281 61,281 81,639 81,639 Notes payable 126,088 192,061 $ 190,922 $ 198,611 86,020 137,588 Total $276,942 $ 336,199 Total $ 232,631 $ 331,302 Long-term debt $239,000 $ 175,750 Owners' equity Common stock and paid-in...
12. The total Assets on the December 31, 2011 balance sheet would be $110.000 $ 101,000 S 103,000 $ 108,000 None of the above 13. Jim Company's Retained Earnings increased by $10,000 during 2011. Net income for 2011 was $14,000 and the ending balance in Cash was $4,000. Div declared and paid during 2011 were: $24,000. $14,000 $4,000. $8,000. None of the above A transaction caused a $5,000 increase in both total assets and total owners' equity. This transaction could...
Table 4-6 Sample Balance Sheet 2018 2019 7,000,000 9,000,000 Current assets Total fixed assets Total assets 8,000,000 15,000,000 6,000,000 15,000,000 Current liabilities Long term debt 3,000,000 4,000,000 1,000,000 4,000,000 Owner's equity 8,000,000 10,000,000 Total liabilities & owner's equity 15.000.000 15.000.000 3.Based on the Balance Sheet Below on Table 4-6, Calculate the following for each year: 2018 Current Ratio: Debt-to-Asset Ratio: 2019 Current Ratio: Debt-to-Asset Ratio: B.Explain what each of these ratios mean. Did they improve or decline from 2018 to...
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