Compute the debt-to-total-assets ratio for 2019. the C 2017 2018 2019 Current assets $4,815 $4,713 $8,003 Long-term assets 3,380 3,806 813 Total assets $8,195 $8,519 $8,816 Current liabilities $2,711 $2,639 $2,452 Long-term liabilities 1,782 2.364 2,400 Total liabilities 4,493 5,039 4,816 Stockholders' equity 3,702 3,480 4,000 Total liabilities and stockholders' $8.195 $8.519 $8,816 equity
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- How much should be reported in the December 31, 2020 balance sheet as total liabilities? *see attached picture a. P 7,210,000b. P 7,005,000c. P 6,960,000d. P 6,672,000The balance sheets for Sports Unlimited for 2021 and 2020 are provided below.SPORTS UNLIMITED Balance Sheets For the years ended December 31 2021 2020AssetsCurrent assets:Cash $ 103,500 $ 70,400Accounts receivable 46,800 32,000Inventory 44,550 71,200Prepaid rent 7,200 3,600Long-term assets:Investment in bonds 54,900 0Land 117,450 141,600Equipment 106,200 102,000Less: Accumulated depreciation (30,600) (20,800)Total…*see attached How much should be reported in the December 31, 2020 balance sheet as total liabilities?a. P 7,210,000b. P 7,005,000c. P 6,960,000d. P 6,672,000
- Use the below information to answer the following questions: 20202021Sales$11,573$12,936Depreciation 1661 1736Cost of goods sold 3979 4707Other Expenses 846 924Interest Expense 776 926Cash 6067 6466Accounts Receivables 8034 9427Short-term Notes Payable 1171 1147Long-term debt 20,320 24,696Net fixed assets 50,888 54,273Accounts Payable 4384 4644Tax rate 26% 34%Inventory 14,283 15,288Payout ratio 33% 30% A. Create the Balance Sheets for 2020 & 2021.Use the below information to answer the following questions: 20202021Sales$11,573$12,936Depreciation 1661 1736Cost of goods sold 3979 4707Other Expenses 846 924Interest Expense 776 926Cash 6067 6466Accounts Receivables 8034 9427Short-term Notes Payable 1171 1147Long-term debt 20,320 24,696Net fixed assets 50,888 54,273Accounts Payable 4384 4644Tax rate 26% 34%Inventory 14,283 15,288Payout ratio 33% 30% A. Create the Income Statements for 2020 and 2021 (including dividends paid and retained earnings).what is the net fixed assets for zooey corporation on 2020 what is the total assets for zooey corpoartions in 2020 what is the long term debt for zooey corpoartion in 2020 help me answer this thank you
- Determine Total Current Liabilities as of December 31, 2023: Select one: a. $27,300 b. $39,900 c. $144,900 d. $132,300 e. $247,350Ratio Analysis Rising Stars Academy provided the following information on its 2019 balance sheet and state mcnt of cash flows: Long-term debt S 4,400 Interest expense S 398 Total liabilities 8,972 Net income 559 Total assets 38,775 Interest payments 432 Total equity 29,803 Cash flows from operations 1.015 Operating income 1.223 Income tax expenses 266 Income taxes paid 150 Required: Calculate the following ratios for Rising Stars: (a) debt to equity, (b) debt to total assets, (c) long-term debt to equity, (d) times interest earned (accrual basis), and (e) times interest earned (cash basis). (Note: Round answers to three decimal places.) CONCEPTUAL CONNECTION Interpret these results. 3.What does it mean if a bond is callableAnalyse the Assets-to-equity ratio of 1.87 in 2019 and 1.67 in 2020 Analyse Time Interest Earned ratio in 2019 is 4.89 and 2020 is 9.9 Analyse the debt-t-equity ratio of 0.75 in 2019 and 0.61 in 2020
- In Set’ Dec. 31, 2020 statement of financial position, how much should be the accounts payable? *see attached a. P 1,410,000b. P 1,485,000c. P 1,462,500d. P 1,425,000explain each ratio of this list what happened in 2019, 2020, 2021? List Of Ratio 2019 2020 2021 Current Ratio 0.86 0.98 0.83 Quick Ratio(Acid test) 0.70 0.81 0.67 Cash Ratio 0.28 0.41 0.23 Interest Coverage Ratio 9.20 9.04 6.27 Debt-to-Equity 4.28 5.86 4.72 Debt-to-total Asset Ratio 0.41 0.48 0.44Analyse a debt ratio 2019 is 0.37 and debt ratio for 2020 is 0.40
