Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 14 Aug 2017 My Price 6.00

Bryan Corporation

Financial management The balance sheet for the Bryan Corporation is shown below. Sales for the year were $3,040,000, with 75 percent of sales sold on credit. BRYAN CORPORATION Balance Sheet 201X Assets Liabilities and Stockholders Equity CashAc€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦ $ 50,000 Accounts payableAc€¦Ac€¦Ac€¦Ac€¦Ac€¦.. $220,000 Accounts receivableAc€¦... 280,000 Accrued taxesAc€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦ 80,000 InventoryAc€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦ 240,000 Bonds payable (long-term)Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦ 118,000 Plant and equipmentAc€¦... 380,000 Common stockAc€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦.. 100,000 Paid-in capitalAc€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦ 150,000 Retained earningsAc€¦Ac€¦Ac€¦Ac€¦Ac€¦.. 282,000 Total assetsAc€¦Ac€¦Ac€¦... $950,000 Total liabilities and stockholders equityAc€¦ $950,000 Compute the following ratios: a. Current ratio. b. Quick ratio. c. Debt-to-total-assets ratio. d. Asset turnover. e. Average collection period. Also I have to show for a 360 day year. please show the formulas im confused with these.

Answers

(5)
Status NEW Posted 14 Aug 2017 02:08 PM My Price 6.00

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