Venus Corporation reported the following balances for the year 2015: land, $200,000; equipment, 65,000; cash, $40,000; prepaid expenses, $8,000; inventory, $15,000; and owners’ equity $115,000. Determine debt-equity ratio for the year.

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General accounting

Given answer accounting questions

Under Armour has the following current assets: cash, $102 million; receivables, $94 million; inventory, $182 million; and other current assets, $18 million. Under Armour has the following liabilities: accounts payable, $98 million; current portion of long-term debt, $35 million; and long-term debt, $23 million.   Based on these amounts, calculate the current ratio and the acid-test ratio for Under Armour.

Prepare a 2015 statement of financial position for Lowes Corp. based on the following information: cash = $195,000, patents and copyrights = $780,000, accounts payable = $405,000, accounts receivable = $137,000, tangible net fixed assets = $2,800,000, inventory = $264,000, notes payable = $160,000, accumulated retained earning = $1,934,000, long-term debt = $1,195,000. Be sure to list the accounts in order of their liquidity.

At December 31, 2016, Mendez Company has total assets of $1,800,000, total liabilities of $480,000, and total owner’s equity of $1,320,000.At December 31, 2016, Mendez Company’s debt-to-equity ratio is:

How much long-term debt did the firm have?

Charger Company's most recent balance sheet reports total assets of $30,107,000, total liabilities of $17,457,000 and total equity of $12,650,000. What is the debt to equity ratio for the period?

Home depot entered fiscal 2017 with a total capitalization of $21,940 million. In 2017 debt investors received interest income of $889 million. Net income to shareholders was $8690 million (assume a tax rate of 21%) calculate the economic value added assuming its cost of capital is 10%