Reference no: EM132790770
Cane company show the following data.
2014 2013
Long term liabilities. 2,000,000 1,500,000
Owners equity. 1,500,000 800,000
Non-current assets. 2,500,000 1,250,000
Inventory. 500,000 300,000
Cash. 200,000 50,000
Marketable securities. 900,00 1,000,000
Receivables. 500,000 75,000
Problem a. Compute for the current ratio of cane company for 2014.
Problem b. Compute for the wuick ratio of cane company for 2014.
Problem c. Assuming a net income 200,000 for 2014
1. Compute for return on assets.
2. Compute for return on equity.