Problem:
| Assets |
|
|
|
Liabilities & Owners' Equity |
|
|
|
2001 |
2002 |
|
|
2001 |
2002 |
|
|
|
|
|
|
|
| Cash & Marketable Sec. |
60 |
49 |
|
Accounts Payable |
350 |
384 |
| Accts. Receivable |
406 |
448 |
|
Notes Payable |
138 |
108 |
| Inventory |
600 |
640 |
|
Accruals |
30 |
30 |
| Total Current Assets |
1,066 |
1,137 |
|
Total Current Liab. |
518 |
522 |
|
|
|
|
Long-Term Debt |
838 |
813 |
| Fixed Assets |
|
|
|
Total Liabilities |
1,356 |
1,335 |
| Gross Fixed Assets |
1,130 |
1,280 |
|
Common Stock |
150 |
150 |
| Less:Acc. Depreciation |
307 |
384 |
|
Paid In Capital |
200 |
200 |
| Net Fixed Assets |
823 |
896 |
|
Acc. Retained Earning |
183 |
348 |
| Total Assets |
1,889 |
2,033 |
|
Total Owners' Equity |
533 |
698 |
|
|
|
|
Total Liab. & Owners' Equity |
1,889 |
2,033 |
In 2002, net sales of $3,200, cost of goods sold of $2,048, depreciation expense of $77, interest expense of $74, net income of $275, and paid dividends of $110.
What is the Quick Ratio for 2002?
What is the debt ration for 2002?
What is the Return on Equity for 2002?