Provide an analysis of how those results can be used

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Reference no: EM131992795

Solve the problem below, calculate the ratios, interpret the results against the industry average, and fill in the table on the worksheet.

Then, provide an analysis of how those results can be used by the business to improve its performance.

Balance Sheet as of December 31, 2010

Gary and Company

Cash   

$45


Accounts payables   

$45

Receivables     

66


Notes payables  

45

Inventory

159


Other current liabilities  

21

Marketable securities

33


Total current liabilities

$111

Total current assets  

$303




Net fixed assets   

147


Long Term Liabilities


Total Assets   

$450


Long-term debt   

24



Total Liabilities  

$135







Owners Equity




Common stock

$114



Retained earnings

201



Total stockholders

Reference no: EM131992795

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