NAME Due January 22nd Given the balance sheet for Julia's Knitting Mill shown below, 1) What is the percentage change in net working capital from 2018 to 2019? 2018.4620 1650 -0.4673 1530 O.42 100= or 0.478/00=49% PRCENT Chango = 5% 2) What is the cash ratio in 2019? $90 7826 8%) 3) What is the debt-equity ratio in 2018? 2=2140 , 250-110 T:0250 DER= O.56/1-56 0.56 TPR= 250 O.56 ০. पप :1.27 ($ Thousands) 2018 2019 2019 2018 Current Liabilities Current Assets $ 90 $ 100 Cash $ 40 $ 55 70 60 $110 $115 Accounts Payable 60 70 Accounts Receivable Notes Due 80 80 Inventory Sub-total 250 $230 Sub-total Fixed Assets $850 $700 Long-term Debt $1,400 $1,300 $1,650 $1,530 Total Liabilities Plant & Equipment $960 $815 Total Assets: $690 $715 Owners' Equity
NAME Due January 22nd Given the balance sheet for Julia's Knitting Mill shown below, 1) What is the percentage change in net working capital from 2018 to 2019? 2018.4620 1650 -0.4673 1530 O.42 100= or 0.478/00=49% PRCENT Chango = 5% 2) What is the cash ratio in 2019? $90 7826 8%) 3) What is the debt-equity ratio in 2018? 2=2140 , 250-110 T:0250 DER= O.56/1-56 0.56 TPR= 250 O.56 ০. पप :1.27 ($ Thousands) 2018 2019 2019 2018 Current Liabilities Current Assets $ 90 $ 100 Cash $ 40 $ 55 70 60 $110 $115 Accounts Payable 60 70 Accounts Receivable Notes Due 80 80 Inventory Sub-total 250 $230 Sub-total Fixed Assets $850 $700 Long-term Debt $1,400 $1,300 $1,650 $1,530 Total Liabilities Plant & Equipment $960 $815 Total Assets: $690 $715 Owners' Equity
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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I did this for hw I just wanted to see if my answers where correct and if not can show me what the right way to get the right answer? Thank you. This will help me study.
Transcribed Image Text:NAME
Due January 22nd
Given the balance sheet for Julia's Knitting Mill shown below,
1) What is the percentage change in net working capital from 2018 to
2019?
2018.4620
1650
-0.4673
1530
O.42 100=
or
0.478/00=49%
PRCENT Chango = 5%
2) What is the cash ratio in 2019?
$90
7826
8%)
3) What is the debt-equity ratio in 2018?
2=2140
,
250-110
T:0250
DER= O.56/1-56
0.56
TPR=
250
O.56
০. पप
:1.27
($ Thousands)
2018 2019
2019
2018
Current Liabilities
Current Assets
$ 90
$ 100
Cash
$ 40 $ 55
70 60
$110 $115
Accounts Payable
60
70
Accounts Receivable
Notes Due
80
80
Inventory
Sub-total
250 $230
Sub-total
Fixed Assets
$850 $700
Long-term Debt
$1,400 $1,300
$1,650 $1,530 Total Liabilities
Plant & Equipment
$960 $815
Total Assets:
$690 $715
Owners' Equity
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