The classified balance sheet for a company reported current assets of $1,689,246, total liabilities of $816,540,...
The classified balance sheet for a company reported current assets of $1,688,830, total liabilities of $800,540, Common Stock of $1,010,000, and Retained Earnings of $131,260. The current ratio was 2.6 What is the total amount of noncurrent assets? Multiple Choice $252,970 $649,550 $547,570 $888,290
MC Qu. 2-173 The classified balance sheet for a... The classified balance sheet for a company reported current assets of $1,818,796, total liabilities of $802,540, Common Stock of $1,030,000, and Retained Earnings of $133,260. The current ratio was 2.8. Which of the following statements is not correct? Multiple Choice C) Noncurrent liabilities are $133,260. Total Stockholders' equity is $1,163,260. Total Assets are $1,965,800. o The amount or The amount of current assets is 2.8 times the amount of current liabilities.
The classified balance sheet for a company reported current assets of $1,624,125, total liabilities of $810,540, common stock of $1,110,000, and retained earnings of $141,260. The current ratio was 2.5. Which of the following statements is not correct? 1. Total Assets are $2,061,800. 2. Total Stockholders’ equity is $1,251,260. 3. Noncurrent liabilities are $141,260. 4The amount of current assets is 2.5 times the amount of current liabilities.
At the end of the current year, Leer Company reported total liabilities of $306,000 and total equity of $106,000. The company's debt ratio on the last year-end was Multiple Choice Ο 3.899 ο $412.000 ο Ο Ο < Prev 7 of 19 !!! Next >
prepare a classified balance
sheet
Classified Balance Sheet: Current Assets, PP&E (net), Total
Assets, Current Liabilities, Total Liabilities, Total Stockholders’
Equity, Total Liabilities & Stockholders’ Equity.
December 31, 2017 DEBIT CREDIT Cash Accounts Receivable Allowance for Doubtful Accounts Short term Note Receivable Interest Receivable Supplies Invento Prepaid Expenses Equipment Accumulated Depreciation Copyrights Accounts Payable Interest Payable Unearned Revenue Long Term Note Payable Common Stock Paid-in-Capital In Excess of Par - CS Retained Earnings (1/1/15) Dividends Sales Sales Returns & Allowances...
at the end of the current year, James Co. reported total
liabilities of $314,000 and total equity of $114,000. The company’s
debt ratio was:
At the end of the current year, James Co. reported total liabilities of $314,000 and total equity of $114,000. The company's debt ratio was Multiple Choice Ο Ο 2750. Ο Ο 365 Ο Ο 73 Ο Ο Ο 428,ροο
Based on the following information from Schrute Company's balance sheet, calculate the current ratio. Current assets Investments Plant assets Current liabilities Long-term liabilities Retained earnings $126,000 57,800 380,000 52,000 103,000 408,800 Multiple Choice < Prev 13 of 19 Next > OP2 _ Use CRO 4910
The balance sheet for Munoz Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity $ 235,000 762,000 $997,000 $160,000 457,000 617,000 380,000 $997,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) ace Working capital Current ratio Debt to assets ratio Debt to equity ratio
The balance sheet for Gibson Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Connon stock and retained earnings Total liabilities and stockholders' equity $ 231,000 757,eee $988, eee $156,888 459,eee 615, eee 373,600 $988,eee Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt to assets ratio Debt to equity ratio 29
At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $267,000 and Total Liabilities of $20,600 and Total Paid-in capital of $82,400. During the year, the company reported total revenues of $314,000 and expenses of $243,000. Also, dividends during the year totaled $64,000. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be: Multiple Choice $268,000 $232,000. $165,000. $168,000 $171,000