There was a bit of concern about one of RBL's newer entities - RBL Paving Company. Management wants you to review the two financial statements below and give your analysis of the company's performance. RBL Paving Company Current Assets: Cash Assets Accounts Receivable Inventory Total Current Assets Fixed Assets: Property, Plant & Equipment Less: Accumulated Depreciation Net Fixed Assets Total Assets Current Liabilities: 200,000 Accounts Payable 300,000 Notes Payable 800,000 1,300,000 Total Current Liabilities Owners' Equity: 2,200,000 Common Stock ($1 Par) 600,000 Capital Surplus 1,600,000 2,900,000 Total Owners' Equity Liabilities Sales Less: Cost of Goods Sold Retained Earnings RBL Paving Company Income Statement for Year Ending December 31, 2021 Dividends Addition to Retained Earnings Total Liabilities and Owners' Equity Less: Administrative Expenses Less Depreciation Earnings Before Interest and Taxes Less: Interest Expense Taxable Income Less: Taxes Net Income 3,400,000 2,700,000 700,000 682,000 (682,000) 120,000 (802,000) (280.000) (522,000) 0 (522,000) 700,000 600,000 1,300,000 600,000 100,000 100,000 800,000 2,900,000

The best approach to measuring liquidity takes into account changes over time in both liquidity needsand sources. A financial ratio that does this consists of _________ in period t over _________ in periodt.A. liquid assets and liabilities; estimated liquidity needsB. liquid assets; estimated liabilitiesC. estimated reserve needs; liquid assets and liabilitiesD. liabilities; estimated liquid assets

Sargassum Caribbean Incorporated Balance Sheet as at December 31, 2020 Assets Liabilities Current Assets: Current Liabilities: Cash Accounts Payable 600,000 300,000 200,000 400,000 Notes Payable 900,000 1,500,000 Total Current Liabilities Accounts Receivable Inventory Total Current Assets 900,000 Fixed Assets: Long-Term Liabilities: Property, Plant & Equipment Less: Accumulated Depreciation 1,200,000 Long-Term Debt 1,000,000 Total Long Term Liabilities 200,000 300,000 300,000 Net Fixed Assets Owners' Equity: Common Stock ($1 Par) Capital Surplus Retained Earnings Total Owners' Equity 100,000 300,000 100,000 500,000 Total Assets 1,700,000 Total Liabilities & Owners' Equity 1,700,000 Sargassum Caribbean Incorporated Income Statement for Year Ending December 31, 2020 Sales 2,500,000 800,000 100,000 104,000 1,496,000 Less: Cost of Goods Sold Less: Administrative Expenses Less Depreciation Earnings Before Interest and Тахes Less: Interest Expense 20.000 1,476,000 663,000 813,000 417,000…

Accrued revenues would appear on the balance sheet as A. assets B. liabilities C. capital D. prepaid expensses

Use the attached information to complete the ratio analysis.  The Ratio Analysis is for Profitability.

The normal balance of the Input VAT account that can be credited in the financial statements is presented at:a. Debit Balanceb. Debit Balance Sheet and Profit and Loss Debitc. Debit Profit and loss on the balance sheetd. Credit Balance

The analysis of a firm's liquidity includes all of the following except Multiple Choice Current ratio. Receivables turnover. Inventory turnover. Fixed asset turnover.

SOLVE FOR EFFICIENCY RATIOS

Which of the following is a solvency ratio?   a. Times interest earned. b. Inventory turnover ratio. c. Profit margin. d. Price-earnings ratio.

Which of the following ratios is used by the company to determine its ability to pay currently maturing obligations? a. Cash Ration b. Interest Coverage Ratio c. Equity Ratio d. Accounts Receivable turnover