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Category > Business & Finance Posted 29 Jul 2017 My Price 11.00

1. Construct a balance sheet for Galactic Enterprises given the following data:

1. Construct a balance sheet for Galactic Enterprises given the following data:

Cash balances

$25,000

Inventories

$30,000

Net plant and equipment

$140,000

Accounts receivable

$35,000

Accounts payable

$24,000

Long-term debt

$130,000

What is shareholders’ equity?

2. The following page gives abbreviated balance sheets and income statements for Estée Lauder Companies. Calculate the following ratios:

a. Return on assets.

b. Operating profit margin.

c. Sales-to-assets ratio.

d. Inventory turnover.

e. Debt–equity ratio.

f. Current ratio.

g. Quick ratio

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Status NEW Posted 29 Jul 2017 03:07 PM My Price 11.00

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