Reference no: EM132890380
Question - Balance Sheet information
Cash $300,000
Sales $5,000000
Account Payable $600,000
Long-term Debt $1,300,000
Account Receivable $700,000
Inventory $1,500,000
Long-term Investment $1,000000
Marketable Securities $200,000
Common Stock $1,900,000
Net Income $500,000
Accrued Expenses $200,000
Net Fixed Assets $2,500,000
Retained Earnings $2,200,000
Required -
1. Calculate firm's Assets, Current Liabilities, and Total Assets?
2. Calculate firm's Current Ratio, Quick Ratio, and Net Profit Margin?
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Calculate firm Assets, Current Liabilities, and Total Assets
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