Prepare the Balance Sheet in the proper format 2. Solve for Net Working Capital 3. Determine the current ratio Account Debit Credit Accounts Payable $77,000 Accounts Receivable $96,900 Accrued Liabilities 91,000 Accumulated Depreciation 338,400 Additional Paid-In Capital 25,000 Building 1,786,400 Cash 47,800 Common Stock 300,000 Current Portion-Long-Term Debt 14,000 Furniture and Fixtures 275,400 Inventories 19,900 Land 115,500 Long-Term Debt 1,527,000 Other Assets 172,200 Other Current Liabilities 40,800 Prepaid Expenses 2,400 Retained Earnings 103,300

Prepare the Balance Sheet in the proper format 2. Solve for Net Working Capital 3. Determine the current ratio Account Debit Credit Accounts Payable $77,000 Accounts Receivable $96,900 Accrued Liabilities 91,000 Accumulated Depreciation 338,400 Additional Paid-In Capital 25,000 Building 1,786,400 Cash 47,800 Common Stock 300,000 Current Portion-Long-Term Debt 14,000 Furniture and Fixtures 275,400 Inventories 19,900 Land 115,500 Long-Term Debt 1,527,000 Other Assets 172,200 Other Current Liabilities 40,800 Prepaid Expenses 2,400 Retained Earnings 103,300

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter13: Financial Statement Analysis

Section: Chapter Questions

Problem 13.1P

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Using the following balance sheet, calculate net working capital: Cash Marketable Securities Accounts receivable Inventory Current assets Net fixed assets Total assets Select one: O A. $60.00 O B. $40.00 O C. $10.00 O D. $90.00 $10 Accounts payable 30 Accruals 50 Notes payable 40 Current liabilities $130 Long-term debt 100 Common equity Retained earnings $230 Total liab. & equity $20 20 50 $90 0 30 50 $230
The following information relates to Basic Lid. for the year ended 31" December 2021: Net working capital RO. 1.200.000 Fixed assets to proprietor's fund ratio 0.75 Working capital turnover ratio 5 timeg Return on Equity 15% Current liabilities RO. 400.000 Long term Debts 0 You are required to calculate: Proprietor's funds Fixed Assets Current assets Net profit ratio Current ratio
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3. Following information is available in respect of A LtdParticulars As on 31.3.2019(Rupees. In Lacs)As on 31.3.2020(Rupees. In Lacs)Investment in FinancialAssets- 100Equity Share Capital 150 160Long term Loans taken 100 200Dividend paid - 26Dividend received - 10Interest received - 15a. Prepare the cash flow from financing activities from the above information and givereasons for each element whether these elements belongs to financing activities or not. b. Calculate the relationship between the debt and equity for the year 2019 and 2020, andcomment
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bartleby, a Learneo, Inc. business

Account	Debit	Credit
Accounts Payable		$77,000
Accounts Receivable	$96,900
Accrued Liabilities		91,000
Accumulated Depreciation		338,400
Additional Paid-In Capital		25,000
Building	1,786,400
Cash	47,800
Common Stock		300,000
Current Portion-Long-Term Debt		14,000
Furniture and Fixtures	275,400
Inventories	19,900
Land	115,500
Long-Term Debt		1,527,000
Other Assets	172,200
Other Current Liabilities		40,800
Prepaid Expenses	2,400
Retained Earnings		103,300
Net Working Capital		?????