← → CdoctorsChapter 2 Homework: Riley Slo x WP NWP Assessment Player Ul Ap x A Playereducation.wiley.com/was/ui/v2/assessment-player/index.html?launchid=4131ffcd-b4b1-4c03-9899-2873266f84cf#/question/9BARb bartleby w wiley connect MYOCCICPO →bofa workjam (ulta)workjam← Chapter 2 HomeworkQuestion 10 of 10 < >Current assetsTotal assetsCurrent liabilitiesLong-term liabilitiesSelected information from the financial statements of Sheridan's Coffee Brewers for the year ended December 31, 2014, appears below:Sales revenue(ulta) schoolschool b bartlebyDividendsNet income$165,600506,00069,00082,800800,40055,200123,2801. The current ratio for 2014 is2. The debt to assets ratio for 2014 is3. The working capital for 2014 isCalculate the amounts indicated below relating to the year ended December 31, 2014. The number of shares outstanding at the end of theyear was 36,800. Show computations. (Round "Current ratio" and "Earnings per share" to 2 decimal places, e.g. 52.75.)$4. The earnings per share for 2014 is $.2457960003.7timesX%+per sharezoom a quizletgoogle docs0/1 =google slidesQuesAccourQuestAccountQuestAccountiQuestiAccountinQuestioAccountinQuestioAccountingQuestionAccountingQuestionAccountingViewing CAccounting D

CURRENT RATIO Current ratio is the Ratio between Current Assets & Current Liabilities. DEBT TO…

Question 10 of 10 Current assets Total assets Selected information from the financial statements of Sheridan's Coffee Brewers for the year ended December 31, 2014, appears below: Current liabilities Long-term liabilities Sales revenue Dividends < Net income > $165,600 506,000 69,000 82,800 800,400 55,200 123,280 Calculate the amounts indicated below relating to the year ended December 31, 2014. The number of shares outstanding at the end of the year was 36,800. Show computations. (Round "Current ratio" and "Earnings per share" to 2 decimal places, e.g. 52.75.) 1. The current ratio for 2014 is 2. The debt to assets ratio for 2014 is 3. The working capital for 2014 is $ 4. The earnings per share for 2014 is $ .24 57 96000 3.7 times 0/1 = : % per share Ques Accour Quest Account Quest Accounti Questi Accountin Questic Accountin Questio Accounting Question Accounting Question Accounting Viewing C Accounting D

Question 10 of 10 Current assets Total assets Selected information from the financial statements of Sheridan's Coffee Brewers for the year ended December 31, 2014, appears below: Current liabilities Long-term liabilities Sales revenue Dividends < Net income > $165,600 506,000 69,000 82,800 800,400 55,200 123,280 Calculate the amounts indicated below relating to the year ended December 31, 2014. The number of shares outstanding at the end of the year was 36,800. Show computations. (Round "Current ratio" and "Earnings per share" to 2 decimal places, e.g. 52.75.) 1. The current ratio for 2014 is 2. The debt to assets ratio for 2014 is 3. The working capital for 2014 is $ 4. The earnings per share for 2014 is $ .24 57 96000 3.7 times 0/1 = : % per share Ques Accour Quest Account Quest Accounti Questi Accountin Questic Accountin Questio Accounting Question Accounting Question Accounting Viewing C Accounting D

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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You have been provided with the following extracts of the financial statements of Provision Ltd for the year ended 31 December 2018. Statement of financial position for the year ended 31 December 2018 Non-current assets Current assets Inventories Trade receivables Cash Total assets Equity and Liabilities Shareholders equity and reserves Contributed equity (ordinary shares) Retained income Preference shares - Non-current liabilities Loan Current liabilities Trade payables Dividends payable Inland Revenue Total equity and liabilities Note 1 S S SSS S $ SSS S SSS S S S 2018 328,000 S 498,000 S 170,000 S 90,000 $ 62,000 $ 55,000 18,000 $ 5,000 $ 2017 80,000 $ 48,000 $ 12,000 $ 20,000 $ 286,000 170,000 110,000 418,000 $ 290,000 170,000 $ 198,000 $ 50,000 $ S S 456,000 110,000 130,000 50,000 100,000 66,000 44,000 10,000 12,000 498,000 S 456,000 Extract from the statement of profit and loss for the year ended 31 December 2018: Gross revenue S 375,000 Cost of sales $ 217,000 S 158,000 Net…
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