Dick's Sporting Goods, Inc. is an American sporting goods retail company, based in Pennsylvania. The statement for the company are presented below. Dick's Sporting Goods Balance Sheet At December 31, 2021 Cash $ 26,000 Notes receivable (due August 15, 2022) 43,000 Inventory Accounts receivable (net) Property, plant, and equipment (net) Intangible assets Total assets Current liabilities Bonds payable(11%) (long-term) Common stock 51,200 74,800 320,000 15,200 $530,200 $120,600 Retained earnings Total liabilities and equity 115,000 62,000 232,600 $530,200 Dick's Sporting Goods Income Statement For the Year ended December 31, 2021 Sales Cost of goods sold Gross profit Operating expenses Operating income Interest expense Income before income tax Income tax expense Net income Required: $914,000 492,400 $421,600 183,000 $238,600 12,650 $225,950 67,785 $158,165 Compute the current ratio for Dick's Sporting Goods. (Round your answer to 2 decimal places.)

Windsor Inc., a greeting card company, had the following statements prepared as of December 31, 2020. WINDSOR INC.COMPARATIVE BALANCE SHEETAS OF DECEMBER 31, 2020 AND 2019     12/31/20   12/31/19 Cash   $6,100     $7,100   Accounts receivable   62,400     51,000   Short-term debt investments (available-for-sale)   34,700     18,100   Inventory   40,400     60,300   Prepaid rent   4,900     4,000   Equipment   154,100     130,600   Accumulated depreciation—equipment   (34,900 )   (24,800 ) Copyrights   46,400     49,800   Total assets   $314,100     $296,100                 Accounts payable   $46,500     $40,200   Income taxes payable   4,000     6,000   Salaries and wages payable   8,100     4,100   Short-term loans payable   7,900     10,100   Long-term loans payable   59,600     68,400   Common stock, $10 par   100,000     100,000   Contributed…

Your answer is partially correct. Presented below are a number of balance sheet items for Pearl, Inc. for the current year, 2025. Goodwill Payroll taxes payable Bonds payable Discount on bonds payable Cash Land Notes receivable Notes payable (to banks) Accounts payable Retained earnings Income taxes receivable Notes payable (long-term) $ 128,520 Accumulated depreciation-equipment 181,111 Inventory Rent payable (short-term) Income taxes payable Rent payable (long-term) Common stock, $1 par value Preferred stock, $10 par value Prepaid expenses Equipment 303.520 15,180 363,520 483,520 449,220 268,520 493,520 ? Debt investments (trading) Accumulated depreciation-buildings 101,150 1,603,520 Buildings $ 292,180 243,320 48.520 101,882 483,520 203,520 153,520 91,440 1,473,520 124.520 270,380 1.643.520 Current Llabilitles Accounts Payable Notes Payable Rent Payable Payroll Taxes Payable Income Taxes Payable Total Current Llabilitles Long-term Llabilitles Discount on Bonds Payable Bonds Payable…

Just Dew It Corporation reports the following balance sheet information for 2020 and 2021.   JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets Assets 2020 2021 Liabilities and Owners’ Equity 2020 2021 Current assets     Current liabilities     Cash $ 7,800 $ 12,250 Accounts payable $ 46,400 $ 52,750 Accounts receivable 15,800 31,000 Notes payable 20,600 26,500 Inventory 53,400 64,250                   Total $ 77,000 $ 107,500 Total $ 67,000 $ 79,250                   Long-term debt $ 46,000 $ 40,000                   Owners’ equity           Common stock and paid-in surplus $ 50,000 $ 50,000       Retained earnings 237,000 330,750             Net plant and equipment $ 323,000 $ 392,500 Total $ 287,000 $ 380,750             Total assets $ 400,000 $ 500,000 Total liabilities and owners’ equity $ 400,000 $ 500,000               For each account on this company’s balance sheet, show the change in the account during 2021 and note whether…

subject : Accounting

A comparative balance sheet for Stokely, Inc., on December 31, 2022 and 2021, follows. Additional information about the firm’s financial activities during 2022 is also given below.   STOKELY, INC.Comparative Balance SheetDecember 31, 2022 and 2021 Assets 2022   2021   Cash $ 149,900     $ 73,500     Accounts Receivable (Net)   130,600       80,600     Merchandise Inventory   47,600       44,000     Property, Plant, and Equipment   250,000       200,000     Less: Accumulated Depreciation   (40,000 )     (20,000 )   Total Assets $ 538,100     $ 378,100     Liabilities and Stockholders' Equity                 Liabilities                 Accounts Payable   57,000       77,000     Bonds Payable   160,000       110,000     Total Liabilities $ 217,000     $ 187,000     Stockholders' Equity                 Common Stock ($1 par, 100,000 shares authorized, 60,000 shares issued in 2021 and 30,000 shares issued in 2022)   90,000       60,000     Retained Earnings…