What is the owner's equity for the BlueDragon company for accounting period 2020? note: write the number with at most 2 decimal places (eg. 95.17) Balance Sheet items at the end of Dec. 31, 2020 (in thousand Php) Total Current Assets 110 Total Non-current assets 332 Long term Liabilities 193 Total Current Liabilities 154

What is the owner's equity for the BlueDragon company for accounting period 2020? note: write the number with at most 2 decimal places (eg. 95.17) Balance Sheet items at the end of Dec. 31, 2020 (in thousand Php) Total Current Assets 110 Total Non-current assets 332 Long term Liabilities 193 Total Current Liabilities 154

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter16: Retained Earnings And Earnings Per Share

Section: Chapter Questions

Problem 3MC: Prince Corporations accounts provided the following information at December 31, 2019: What should be...

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Following are the current asset and current liability sections of the balance sheets for Freedom Inc. at January 31, 2020 and 2019 (in millions): Current Assets Cash Accounts receivable Inventories Total current assets Current Liabilities Note payable Accounts payable Other accrued liabilities Total current liabilities January 31, 2020 Working capital Current ratio 6 EL EL $ 21 $ 15 January 31, 2019 01/31/2020 01/31/2019 9 18 $ 25 Required: a. Calculate the working capital and current ratio at each balance sheet date. (Enter "Working capital" in millions of dollars (1.e.. 10,000,000 should be entered as 10). Round your "Current ratio" to 2 decimal places.) $12 b. Evaluate the firm's liquidity at each balance sheet date. Based on the working capital and current ratio measures, the firm has become more liquid over the 2-year period. O Based on the working capital and current ratio measures, the firm has become less liquid over the 2-year period. c. Assume that the firm operated at a loss…
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