Business, 18.06.2020 15:57 eaves001

Income Statement Balance Sheet Sales $20,000,000 Assets: Cash Marketable Securities 12,500,000 Accounts Receivable, net 2,500,000 Inventory Prepaid Expenses Plant & Equipment30000000 Cost of Goods Sold 8,000,000 $5,000,000 12,000,000 Selling and Administrative 1,600,000 Depreciation Interest Taxes (40%) Common Stock Div. 3,000,000 7,400,000 2.000,000 5,400,000 2.160,000 3,240,000 600,000 30,000,000 5,000,000 Total Assets 85,000 00 Liabilities and Equity: Accounts Payable Notes Payable Accrued Expenses Bonds Payable Common Stock Cepital in Excess of Per Retained Earnings $2,640,000 $20,000,000 5,000,000 5,000,000 25,000,000 5,000,000 10,000,000 5,000,000 Total Liabilities and Equity $85000 000 Shares outstending of common stock- 1,000,000 Market price of common stock $18. The Current Ratio is:.
A) 0.55
B) 1.83
C) 0.183
D) 0.35

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Income Statement Balance Sheet Sales $20,000,000 Assets: Cash Marketable Securities 12,500,000 Accou...

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