Homework Answers
| Answer | |
| a. Current Ratio | = Total Current assets / Total Current liabilities |
| = (66000 + 24000) / (28000 + 17000 + 5000) | |
| = 1.80 | |
| b. Working Capital | = Total Current assets - Total Current liabilities |
| = (66000 + 24000) - (28000+ 17000 + 5000) | |
| = $ 40000 | |
| c. EPS | = Net Income / Outstanding Average Common Shares |
| = $ 48000 / 40000 | |
| = 1.20 | |
| d. Debt to Asset Ratio | = Total Liabilities / Total assets |
| = 175000 / 250000 | |
| = 0.70 | |
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The following data are taken from the financial statements of Rosen, Inc. as of the end...
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acct hw help QUESTION 30 At December 1, 2014, Orear Company's Accounts Receivable balance was $4,500....
acct hw help
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acct hw help
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