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 $ 10, 620 $ 13,275 Accounts payable $ 52, 560 $ 60, 750 Accounts receivable 21, 420 29, 925 Notes payable 19, 260 24,075 Inventory 67, 860 82, 575 Total $ 99, 900 $ 125,775 Total $ 71,820 $ 84, 825 Long-term debt $ 36,000 $ 27,000 Owners' equity Common stock and paid - in surplus $ 45,000 $ 45,000 Retained earnings 207, 180 293, 175 Net plant and equipment $ 260, 100 S 324, 225 Total $ 252, 180 $ 338, 175 Total assets $ 360,000 $ 450,000 Total liabilities and owners' equity S 360,000 $ 450,000 For each account on this company's balance sheet, show the change in the account during 2021 and note whether this change was a source or use of cash. (If there is no action select "None" from the dropdown options. Leave no cells blank - be certain to enter "0" wherever required. A negative answer should be indicated by a minus sign.) 2020 Sources/Uses 2021 Assets Current assets Cash $10, 620 S 13,275 Accounts receivable 21, 420 29, 925 Inventory 67, 860 82,575 Total $99,900 $125,775 Fixed assets Net plant and equipment $260, 100 $324, 225 Total assets $360,000 $450, 000 Liabilities and Owners' Equity Current liabilities Accounts payable $52, 560 $60, 750 Notes payable 19, 260 24,075 Total $71, 820 $84, 825 Long-term debt $36,000 $27,000 Owners' equity Common stock and paid - in surplus $45,000 $45,000 Retained earnings 207, 180 293, 175 Total $252, 180 $338, 175 Total liabilities and owners' equity $360,000 S 450,000

An extract from a computer company's 2021 financial statements follows: Balance sheet As of December 31, 2021 As of December 31, 2020 Total assets 57,699 54,013 Total liabilities 37,682 37,919 Total stockholders' equity 20,017 16,096 What was the company's debt-to- equity ratio for 2021? OA. 2.5 OB. 1.6 O C. 0.9 O D. 1.9

Subject: acounting

Which of the following statements is TRUE about Verizon's financial statements? verizon Consolidated Balance Sheets (In millions of dollars) As of As of Dec 31, 2020 $ 22,171 Dec 31, 2019 $ 2,594 ASSETS Cash and cash equivalents Accounts receivable 23,917 25,429 Inventories 1,796 1,422 Prepaid expenses and other current assets 6,710 8,028 Total current assets 54,594 37,473 Property and equipment, net Intangible assets Other long-term assets 94,833 91,915 152,814 151,640 10,699 $ 291,727 14,240 Total assets $ 316,481 LIABILITIES & EQUITY Debt maturing within one year $ 5,889 $ 10,777 Accounts payable and accrued liabilities 20,658 21,806 Other current liabilities 13,113 12,285 Total current liabilities 39,660 44,868 Long-term debt 123,173 100,712 Other long-term liabilities 84,376 83,312 Total liabilities 247,209 228,892 Common stock and additional paid in capital 13,833 13,858 Retained earnings 60,464 53,147 Accumulated other comprehensive income (5,025) (4,170) Total shareholders'…

The current assets and liabilities sections of the comparative balance sheets of Regent Inc., a private entity reporting under ASPE, at December 31 are presented below, along with the income statement: REGENT INC. Comparative Balance Sheet Accounts 2024 2023 Cash $27,720 $29,400 Accounts receivable 17,920 11,480 Inventory 9,100 12,880 Prepaid expenses 2,100 1,624 Accounts payable 12,040 10,080 Accrued expenses payable 1,400 2,240 Dividends payable 6,720 4,760 Income tax payable 1,904 3,304 REGENT INC. Income Statement Year Ended October 31, 2024 Sales $175,000 Cost of goods sold 109,200 Gross profit 65,800 Operating expenses $24,640 Depreciation expense 6,440 Loss on sale of equipment 2,240 33,320 Profit before income tax 32,480 Income tax expense 8,120 Profit for the year $24,360 Instructions Prepare the operating section of the cash flow statement using the direct method.

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The following are the summarised financial information of Ting Ltd for the two financial years ended 31 October 2020 are as follows:2019 2020£ million £ millionEquity 2,460.8 1,732.8 Non-current liabilities (Loans) 640.0 800.0 Current liabilities 654.4 1,020.5 Non-current assets 2,804.8 2,367.2 Current assets 950.4 962.4 Revenue 1,601.6 1,509.6 Total expenses 1,444.0 1,492.8 Required:(a) Calculate the following financial ratios for the two years: 2019 and 2020:(i) Current ratio (ii) Capital gearing ratio (iii) Profit margin (b) Comment briefly on the ratios of the company, computed in part (a) over the two year period from 2019 to 2020. (c) Provide any two (2) recommendations on how the company may improve these ratios in the futur.

Consider the following financial data for Smith Corp.:     Balance Sheet as of December 31, 2019               Cash $ 195,000   Accounts payable $ 94,000 Receivables   185,500   Short-term bank note   119,500 Inventories   214,500   Accruals   71,000   Total current assets $ 595,000     Total current liabilities $ 284,500         Long-term debt   462,500 Net plant & equip.   621,500   Common equity   469,500 Total assets $ 1,216,500   Total liab. & equity $ 1,216,500               Profit & Loss Statement for 2019   Industry Average Ratios               Net sales $ 1,265,000   Current ratio 1.9× Cost of sales   986,500   Quick ratio 1.2× Gross profit $ 278,500   Days sales outstanding 64 days Operating expenses   166,500   Inventory turnover 3.3×   EBIT $ 112,000   Total asset turnover 0.7× Interest expense   32,000   Net profit margin 9.1%   Pre-tax income $ 80,000…

A). Long term debt for zooey corporation in 2020 b.) total assets for zooey corporation in 2020 c.net fixed assets for zooey corporation in 2020

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