Business, 10.10.2019 01:00, Citatstuo

Sprague company has been operating for several years, and on december 31, 2017, presented the following balance sheet. sprague company balance sheet december 31, 2017 cash $40,000 accounts payable $80,000 receivables 75,000 mortgage payable 140,000 inventory 95,000 common stock ($1 par) 150,000 plant assets (net) 220,000 retained earnings 60,000 $430,000 $430,000 the net income for 2017 was $25,000. assume that total assets are the same in 2016 and 2017. compute each of the following ratios. (round answers to 2 decimal places, e. g. 1.59 or 45.87%.) (a) current ratio (b) acid-test ratio (c) debt to assets ratio % (d) return on assets %

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 00:50, abcdefg87

Consider each of the following cases: case accounting break-even unit price unit variable cost fixed costs depreciation 1 127,400 $ 38 $ 25 $ 711,000 ? 2 124,000 ? 41 2,500,000 $ 900,000 3 5,753 117 ? 171,000 100,000 required: (a) find the depreciation for case 1. (do not round your intermediate calculations.) (b) find the unit price for case 2. (do not round your intermediate calculations.) (c) find the unit variable cost for case 3. (do not round your intermediate calculations.)

Answers: 2

continue

Business, 22.06.2019 06:40, Amber423

As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget

Answers: 3

continue

Business, 22.06.2019 07:30, QueenNerdy889

1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war? 1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war?

Answers: 1

continue

Business, 22.06.2019 11:30, bluella

11. before adding cream to a simmering soup, you need to a. simmer the cream. b. chill the cream. c. strain the cream through cheesecloth. d. allow the cream reach room temperature. student d incorrect which answer is right?

Answers: 2

continue

Do you know the correct answer?

Sprague company has been operating for several years, and on december 31, 2017, presented the follow...