Calculate and analyze the quick and debt, Accounting Basics

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Calculate and analyze the quick and debt

On a separate sheet of paper, or using a spreadsheet, create a balance sheet for Tropical Aquaculture, a farm for shrimp, using the information below. Calculate and analyze the quick, debt, and debt-to-equity ratios.

Cash $ 45,000
Accounts receivable $ 12,000
Shrimp feed $ 8,400
Accounts payable $ 9,700
Equipment $ 75,000
Bank loan $ 20,000
Property and ponds $124,000

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Accounting Basics: Calculate and analyze the quick and debt

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Calculate and analyze the quick and debt

Reference No:- TGS0705895

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : How much will be included in amanda current

Q : Calculate what would be the companys roi

Q : Determine rick and saras recomputed taxable income

Q : How much cash reserve should she keep in the bank

Q : Calculate and analyze the quick and debt

Q : Explain the maturity date for each of the three notes

Q : What is the required entry to record the correction to sales

Q : Prepare cash budget for january and february in columar form

Q : How much of the allowance paid

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Calculate and analyze the quick and debt

Reference No:- TGS0705895

Recent Questions Asked Accounting Basics

Q : How much will be included in amanda current

Q : Calculate what would be the companys roi

Q : Determine rick and saras recomputed taxable income

Q : How much cash reserve should she keep in the bank

Q : Calculate and analyze the quick and debt

Q : Explain the maturity date for each of the three notes

Q : What is the required entry to record the correction to sales

Q : Prepare cash budget for january and february in columar form

Q : How much of the allowance paid

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