Using the Following Financial Data Given Below,fill in the Appropriate
Question 85
Question 85
Essay
Using the following financial data given below,fill in the appropriate ratios in the table provided. ASSETS: Cash Accounts Rec. Inventory Fixed Assets Total Assets $2,2504,1251,8759,000$17,250 LIABILITIES & STOCKHOLDERS EQUTTY: Current liabilities Long-term debt Common stock at par Paid in capital in excess of par Retained earnings Total Liabilities & Stockholder Equity 4,5002,2501,5003,0006,000$17,250Income before fixed charges and taxesInterest paymentsLease paymentsTaxes ( 45% tax rate)Net income after taxes$9,0001,1251,3502,936$3,589
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