Buy New Liberty University BMAL 530 Quiz 3
Buy New Liberty University BMAL 530 Quiz 3
- Calculate the quick ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment =$62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal
- Calculate the equity ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal
- Calculate the time’s interest earned ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000; net sales = $325,000; interest expense $6,000; tax expense = $12,600; earnings before interest and taxes = $122,623. Round to two decimal
- Calculate the debt ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal
- The method of analysis reviews changes to an account over time and is usually expressed as a dollar change amount. For example, the sales account would be compared to the previous year’s sales, and the increase or decrease between years would be
- Calculate the current ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal
- Calculate the return on total assets ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000; net sales = $325,000; interest expense $6,000; tax expense = $12,600; earnings before interest and taxes = $122,623; the number of shares outstanding = 335,000. Round to two decimal places, and assume this is the first year of operations, so beginning total assets equal $0.
- Calculate the working capital ratio on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000.
- Calculate the profit margin ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000; net sales= $325,000; interest expense $6,000; tax expense = $12,600; earnings before interest and taxes = $122,623; the number of shares outstanding = 335,000. Round to two decimal
- Calculate the debt-to-equity ratio based on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal
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