Reference no: EM132314919
Question
1. Islander Company's 2016 financial statements contain the following selected data:
Income
Taxes $25,000
Interest Expense $20,000
Net Income $55,000
Help find Islanders's times interest earned for 2016. (Please show all work)
2. Cash is $475,000, Accounts Payable is $200,000, Accounts Receivable is $150,000, Wages Payable is $225,000, Bonds Payable is $700,000, Inventory is $750,000. Please help find the working capital?(Please show all work)
3. Cash is $475,000, Accounts Payable is $100,000, Accounts Receivable is $175,000, Wages Payable is $225,000, Bonds Payable is $217,000, Inventory is $650,000. Please help find the acid-test (quick) ratio? (Please show all work)
|
Compute suitable width of the class intervals
: MSTL-001: Basic Statistics Lab Assignment - Compute suitable width of the class intervals for both types of stimulus. Which stimulus has more average reaction
|
|
How do you determine the depletion base
: How do you determine the "depletion base" the cost basis of a natural resources and the cost per unit so you know how much to charge to depletion expense?
|
|
Discuss how a capital expenditure are treated in accounting
: Discuss how a capital expenditure (an engine overhaul, e.g.) and a revenue expenditure (oil change, e.g.) are treated in accounting?
|
|
What kind of asset is goodwill
: What kind of asset is goodwill? How do you determine the amount of goodwill? How do you treat goodwill subsequent to its acquisition?
|
|
Find the acid-test quick ratio
: Cash is $475,000, Accounts Payable is $200,000, Accounts Receivable is $150,000, Wages Payable is $225,000, Bonds Payable is $700,000, Inventory is $750,000.
|
|
Find the impact to retained earnings
: In 2016 Coulter Corporation had revenues of $625,000, expenses of $150,000, and declared dividends of $85,000. Help find the impact to Retained Earnings?
|
|
What is the total standard cost for one unit of product
: Overhead is applied at $17.00 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card?
|
|
In which section of the statement should tartech report
: Trading securities are at reported at fair value and included in net income. Collecting rent in advance will result in a deferred tax asset.
|
|
What is the name of walmarts ceo and president
: For the most recent date, what is the single largest asset (not including subtotals) and what is it as a percentage of total assets?
|