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ACC - Compute the current ratio. Return on sales, asset turnover, and return on equity

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Question;Using the following data, compute the current ratio. Return on sales, asset turnover, and return on equity.Accounts Payable $ 3,500Accounts Receivable 6,000Building 65,000Cash 2,100Capital Stock 24,300Inventory 4,100Land 14,000Long-Term Notes Payable 32,000Market Value of Equity 103,000Net Income 10,000Retained Earnings (ending) 24,000Sales 105,000Short-Term Notes Payable 5,700Stockholders' Equity 48,300Unearned Revenue 1,700Round your answer to two decimal places.

 

Paper#40450 | Written in 18-Jul-2015

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