Business, 18.12.2019 07:31 shortty1111
Current ratio, debt ratio, and earnings per share selected items from successive annual reports of middlebrook, inc., appear as follows. year 2 year 1 total assets (40% of which are current) $400,000 $325,000 current liabilities $ 80,000 $100,000 bonds payable, 12% 100,000 50,000 capital stock, $5 par value 100,000 100,000 retained earnings 120,000 75,000 total liabilities & stockholders’ equity $400,000 $325,000 dividends of $16,000 were declared and paid in year 2. compute the following: a. current ratio for year 2 and year 1. b. debt ratio for year 2 and year 1. c. earnings per share for year 2.
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Business, 21.06.2019 23:00
James has set the goal of achieving all "a"s during this year of school.which term best describes this goal
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Business, 22.06.2019 02:30
rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is
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Business, 22.06.2019 10:30
On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?
Answers: 2
Business, 22.06.2019 13:40
The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)
Answers: 1
Current ratio, debt ratio, and earnings per share selected items from successive annual reports of m...
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