Question

9 00:47:46 Required Information [The following information applies to the questions displayed below) Marshall Company has been in business for several years now. Marshall Company's year-end balance sheets follow. At December 31 Current Ye 1 YE Ago 2 Yes Ago Assets Cash $ 33,240 $ 38,469 41,291 Accounts receivable, net 93,477 67,321 52,895 Merchandise Inventory 121,127 90,739 58,644 Prepaid expenses 10,704 10,300 4,363 plant assets, not 299,257 274,037 251,707 Total assets $557,805 $ 480,866 $ 408,900 Liabilities and Equity Accounts payable $141,671 $ 82,079 $ 52,895 Long-tern notes payable secured by mortgages on plant assets 101,721 110,599 90,367 Compon stock, $10 per value 162,500 162,500 162,500 Retined earnings 151.913 125,61 103.138 Total liabilities and equity $557,805 $ 480,866 $408.900 Marshall Company's income statements for the Current Year and 1 Year Ago, follow Tor Year Ended December 31 Sales Coat of goods sold Other operating expenses Interest expense Income tax expense alte Current Yr $725,147 $442.340 224,796 12,327 9,427 KRAR 1 Yr o $572,231 $371,950 144,794 13,161 8,583 SIR

Answer 1

Choose Numerator Total Liabilities 243392 / / / / Debt to Equity Ratio Choose Numerator Total Stockholders Equity 314413 288188 Debt to Equity ratio Debt to Equity ratio 0.77 tol 0.067 to 2 Current year 1 Year ago 192678

Total Liabilities Account Payable Long term notes payable Total Liabilities Current year 1 Year ago 141671 101721 243392 82079 1105991 192678 162500 162500 Total stockholders equity Common Stock Retained earnings Total stockholders equity 151913 314413 125688 288188