Current assets-current liabilities-debt-equity


You are given the following selected financial information:

Income Statement: Balance Sheet:

COGS $750 Cash $250

Net Income $160 Net fixed assets $850

Ratios
ROS 10%
Current Ratio 2.3
Inventory Turnover 6.0 x
ACP 45 days
Debt Ratio 49.12%

Calculate accounts receivable, inventory, current assets, current liabilities, debt, equity, ROA and ROE.

Solution Preview :

Prepared by a verified Expert
Finance Basics: Current assets-current liabilities-debt-equity
Reference No:- TGS01809471

Now Priced at $20 (50% Discount)

Recommended (99%)

Rated (4.3/5)