The comparative balance sheet of Livers Inc. for December 31, 20Y3 and 20Y2, is as follows:   1   Dec. 31, 20Y3 Dec. 31, 20Y2 2 Assets     3 Cash $155,000.00 $150,000.00 4 Accounts receivable (net) 450,000.00 400,000.00 5 Inventories 770,000.00 750,000.00 6 Investments 0.00 100,000.00 7 Land 500,000.00 0.00 8 Equipment 1,400,000.00 1,200,000.00 9 Accumulated depreciation-equipment (600,000.00) (500,000.00) 10 Total assets $2,675,000.00 $2,100,000.00 11 Liabilities and Stockholders’ Equity     12 Accounts payable (merchandise creditors) $340,000.00 $300,000.00 13 Accrued expenses payable (operating expenses) 45,000.00 50,000.00 14 Dividends payable 30,000.00 25,000.00 15 Common stock, $4 par 700,000.00 600,000.00 16 Paid-in capital in excess of par—common stock 200,000.00 175,000.00 17 Retained earnings 1,360,000.00 950,000.00 18 Total liabilities and stockholders’ equity $2,675,000.00 $2,100,000.00       The income statement for the year ended December 31, 20Y3, is as follows:   1 Sales   $3,000,000.00 2 Cost of goods sold   (1,400,000.00) 3 Gross profit   $1,600,000.00 4 Operating expenses:     5 Depreciation expense $100,000.00   6 Other operating expenses 950,000.00   7 Total operating expenses   (1,050,000.00) 8 Operating income   $550,000.00 9 Other income:     10 Gain on sale of investments   75,000.00 11 Income before income tax   $625,000.00 12 Income tax expense   (125,000.00) 13 Net income   $500,000.00       Additional data obtained from an examination of the accounts in the ledger for 20Y3 are as follows:   a. The investments were sold for $175,000 cash.   b. Equipment and land were acquired for cash.   c. There were no disposals of equipment during the year.   d. The common stock was issued for cash.   e. There was a $90,000 debit to Retained Earnings for cash dividends declared.   Prepare a statement of cash flows, using the direct method of presenting cash flows from operating activities. Be sure to complete the heading of the statement. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Enter amounts that represent cash outflows as negative numbers using a minus sign.

what is the debt to equity ratio rounded to 2 decimal places? i keep getting 0.83 but it’s not correct.

The following items are reported on a company's balance sheet: Cash $295,700 Marketable securities 231,000 Accounts receivable (net) 265,300 Inventory 132,000 Accounts payable 330,000 Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio b. Quick ratio

Use the following balance sheet data to compute the net operating working capital. Cash Accounts Receivable Inventory Current Assets Net fixed assets Total assets $60 160 200 $420 $700 $1,120 Account payable Accruals Notes payable Current liabilities Long-term debt Common equity Retained earnings Total liabilities and equity $180 110 200 $490 250 160 220 $1,120

The following data apply to the next six problems. Consider Fisher & Company's financial data as follows (unit: millions of dollars except ratio figures):Cash and marketable securities             $100Fixed assets                                            $280Sales                                                       $1,200Net income                                             $358Inventory                                                 $180Current ratio                                            3.2Average collection period                       45 daysAverage common equity                         $500Find Fisher's accounts receivable.(a) $147.95 (b) $127.65(c) $225.78 (d) $290.45

Data pertaining to the current position of Forte Company follow:Cash                                                                         $412,500Marketable securities                                                187,500Accounts and notes receivable (net)                          300,000Inventories                                                                 700,000Prepaid expenses                                                         50,000Accounts payable                                                       200,000Notes payable (short-term)                                        250,000Accrued expenses                                                       300,000 Instructions1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios in parts b through j to one decimal place.2. List the following captions on a sheet of paper:Transaction        Working Capital            Current Ratio        Quick Ratio Compute the working capital, the…

Am. 359.

Victor Corporation's comparative balance sheet for current assets and liabilities was as follows: Line Item Description Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable $13,400 $12,800 Inventory 57,300 58,000 Accounts payable 13,600 11,800 Dividends payable 29,000 27,000 Adjust net income of $123,400 for changes in operating assets and liabilities to arrive at net cash flows from operating activities.fill in the blank 1 of 1$

The comparative balance sheet of Livers Inc. for December 31, 20Y3 and 20Y2, is shown as follows:   1   Dec. 31, 20Y3 Dec. 31, 20Y2 2 Assets     3 Cash $155,000.00 $150,000.00 4 Accounts receivable (net) 450,000.00 400,000.00 5 Inventories 770,000.00 750,000.00 6 Investments 0.00 100,000.00 7 Land 500,000.00 0.00 8 Equipment 1,400,000.00 1,200,000.00 9 Accumulated depreciation-equipment (600,000.00) (500,000.00) 10 Total assets $2,675,000.00 $2,100,000.00 11 Liabilities and Stockholders’ Equity     12 Accounts payable (merchandise creditors) $340,000.00 $300,000.00 13 Accrued expenses payable (operating expenses) 45,000.00 50,000.00 14 Dividends payable 30,000.00 25,000.00 15 Common stock, $4 par 700,000.00 600,000.00 16 Paid-in capital in excess of par—common stock 200,000.00 175,000.00 17 Retained earnings…

From the following details prepare a summarized balance sheet of Anitha and Company as on 31.12.2018. Fixed assets to net-worth: 0.75:1 Current ratio 2:1 Liquid ratio 3:2 Reserves included in Proprietors" Fund 1:4 07 Page 2 of 4 Current Liabilities Rs.2, 00, 000 Cash and bank balancesRs .10,000 Fixed Assets Rs.6,00,000.