Current Liabilities and Ratios Several accounts that appeared on Kruse's 2017 balance sheet are as follows: Accounts Payable $75,000 Equipment $950,000 Marketable Securities 40,000 Taxes Payable 15,000 Accounts Receivable 74,000 Retained Earnings 250,000 Notes Payable, 12%, due in 60 days 20,000 Inventory 165,000 Capital Stock 1,150,000 Allowance for Doubtful Accounts 20,000 Salaries Payable 10,000 Land 600,000 Cash 65,000 Required: 1. Prepare the Current Liabilities section of Kruse's 2017 balance sheet. Kruse Partial Balance Sheet As Of December 31, 2017 Current liabilities: Accounts receivable Allowance for doubtful accounts Equipment Inventory al. Marketable securities Notes payable, 12%, due in 60 days 3. Compute Kruse's current ratio. Round your answer to one decimal place.

Ratio Analysis Presented below are summary financial data from Porter's annual report: Amounts in millions Balance Sheet Cash and Cash Equivalents Marketable Securities Accounts Receivable (net) Total Current Assets Total Assets Current Liabilities Long-Term Debt- Shareholders' Equity Income Statement Interest Expense Net Income Before Taxes b. Quick ratio $1,850 19,100 9,367 39,088 123,078 38,450 7,279 68,278 Calculate the following ratios: (Round to 2 decimal points) a. Times-interest-earned ratio c. Current ratio 400 14,007

Use the following information to answer the questions: Assets   Liabilities and Equity Cash 14,000   Accounts payable 16,000 Marketable securities 2,000   Notes payable 6,000 Accounts receivable 4,000   Current liabilities 22,000 Inventory 24,000   Long-term debt 95,000 Current assets 44,000   Total liabilities 117,000 Machines 34,000   Paid-in capital 20,000 Real estate 80,000   Retained earnings 21,000 Net fixed assets 114,000   Equity 41,000 Total assets 158,000   Total liab. & equity 158,000   Line item Value Sales 80,000 - Costs 65,600 - Depreciation 2,000 = EBIT 12,400 - Interest 800 = Taxable income 11,600 - Taxes 3,828 = Net income 7,772 What is the total debt ratio (including all liabilities)?

Culver Corporation had the following 2020 income statement. Revenues $94,000 Expenses 60,000 $34,000 In 2020, Culver had the following activity in selected accounts. Accounts Receivable 1/1/20 20,000 Write-offs A¹ Revenues 94,000 Collections 83,000 12/31/20 29.900 Allowance for Doubtful Accounts Write-offs 1.100 1/1/20 Bad debt expense 1.100 12/31/20 1.000 1,600 1.500

Ratio Analysis Presented below are summary financial data from Pompeo’s annual report: Amounts in millions     Balance sheet     Cash and cash equivalents   $2,712 Marketable securities   27,128 Accounts receivable (net)   14,051 Total current assets   58,632 Total assets   184,617 Current liabilities   66,017 Long-term debt   12,738 Shareholders’ equity   119,487 Income Statement     Interest expense   539 Net income before taxes   24,512 Calculate the following ratios: (round to two decimal places) a. Times-interest-earned ratio   b. Quick ratio   c. Current ratio

Culver Limited reports the following selected information at December 31, 2024: Accounts receivable $299,000 Interest income $12,200 Advances to employees 10,000 Interest receivable 8,000 Allow. for expected credit losses 15,000 Inventory 224,000 Credit losses 19,000 Notes receivable (due in 120 days) 50,000 Cost of goods sold 2,330,000 Notes receivable (due in 4 years) 152,000 Depreciation expense 100,000 Salaries expense 804,000 Income tax expense 152,000 Sales 4,200,000 Income tax receivable 14,900 Sales tax recoverable 5,000 Prepare a partial statement of financial position for Culver Ltd. (List current assets in order of liquidity.)

Given the following information, calculate the debt ratio percentage: Liabilities $24,000 Liquid assets $4,400 Monthly credit payments $300 Monthly savings $260 Net worth $72,000 Current liabilities $1,100 Take-home pay $1,800 Gross income $3,000 Monthly expenses $1,540 a) 33.3 b) 4 c) 2.86 O d) 16.67 O e) 8.67

Additional information: 2018 current ratio: 1.4:1  debt to total assets: 61.1% Question: find working capital for 2018 Additional information: 2017 current ratio 1.5:1 working capital: 214,500 Question find debt to total assets for 2017

The asset side of the 2017 balance sheet for the Corporation is below. The company reported total revenues of $37,728 million in 2017 and $37,047 million in 2016.      in millions May 31, 2017 May 31, 2016 Current assets:     Cash and cash equivalents $ 21,784 $ 20,152 Marketable securities 44,294 35,973 Trade receivables, net of allowances for doubtful accounts of $319 and $327 as of May 31, 2017 and May 31, 2016, respectively 5,300 5,385 Inventories 300 212 Prepaid expenses and other current assets 2,837 2,591 Total current assets 74,515 64,313 Non-current assets:     Property, plant and equipment, net 5,315 4,000 Intangible assets, net 7,679 4,943 Goodwill, net 43,045 34,590 Deferred tax assets 1,143 1,291 Other assets 3,294 3,043 Total non-current assets 60,476 47,867 Total assets $134,991 $112,180   How do I figure what the company’s gross amount…

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