Reference no: EM133148736
Questions -
Q1. Jordan Artificial Foods has total assets of $789,400, long-term debt of $198,375, total equity of $364,182, net fixed assets of $512,100, and costs of goods sold of $121,500. The profit margin is 2.7 percent. What is the current ratio?
Q2. Lola Lollipops has inventory of $147,500, equity of $320,000, total assets of $800,780, and net sales of $658,800. What is the common-size percentage for the inventory account?
Q3. Jordan Artificial Foods has total assets of $789,400, long-term debt of $198,375, total equity of $364,182, net fixed assets of $512,100, and costs of goods sold of $121,500. The profit margin is 2.7 percent. What is the current ratio?
Q4. Monster Cars has total assets of $98,300, net working capital of $10,300, owners' equity of $41,600, and long-term debt of $38,600. What is the value of the current assets?
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What is the common-size percentage for the inventory account
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