CourseLover

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About CourseLover

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Teaching Since: May 2017
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  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

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  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 15 Dec 2017 My Price 10.00

income statement and balance sheet using Accounts

Need to prepare income statement and balance sheet using Accounts receivable$270,000   Inventory$360,000    Total assets$1,800,000  

and ratios: Earnings per share$2.30   Debt-to-equity ratio 0.875   Accounts receivable turnover 14.0   Current ratio 2.75   Return on total assets 18.0%  Times interest earned ratio 6.75   Acid-test ratio 1.25   Inventory turnover 6.5

Pictures of the problem are attached.15-21.PNG15-21 Income Statement.PNG15-21 Balance Sheet.PNG

Answers

CourseLover
(12)
Status NEW Posted 15 Dec 2017 04:12 PM My Price 10.00

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