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Business
Accounting
2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income. Taxes Net income. Cash Accounts receivable Inventory Total Net fixed assets Total assets What is the quick ratio for 2022? $ 9,530 7,760 465 2022 $ 260 900 $ 1,305 104 $ 1,201 420 $781 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2021 $ 230 1,000 1,810 1,695. $3,040 $ 2,855 3,410 3,970 $ 6,450 $6,825 Accounts payable Long-term debt Common stock Retained earnings Total liabilities & equity Return to qu 2021 2022 $ 1,370 $ 1,385 1,100 1,300. 3,340 3,250 640 890 $ 6,450 $ 6,825

2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income. Taxes Net income. Cash Accounts receivable Inventory Total Net fixed assets Total assets What is the quick ratio for 2022? $ 9,530 7,760 465 2022 $ 260 900 $ 1,305 104 $ 1,201 420 $781 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2021 $ 230 1,000 1,810 1,695. $3,040 $ 2,855 3,410 3,970 $ 6,450 $6,825 Accounts payable Long-term debt Common stock Retained earnings Total liabilities & equity Return to qu 2021 2022 $ 1,370 $ 1,385 1,100 1,300. 3,340 3,250 640 890 $ 6,450 $ 6,825

Quickbooks Online Accounting
Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 2.1C
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Multiple Choice Sa O 84 times 2.06 times 1.87 times 82 times. 1.22 times
Transcribed Image Text:Multiple Choice Sa O 84 times 2.06 times 1.87 times 82 times. 1.22 times
2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income Cash Accounts receivable Inventory Total Net fixed assets. Total assets What is the quick ratio for 2022? 2021 $ 230 $ 260 1,000 1,8107 900 1,695 $ 3,040 $ 2,855 3,410 3,970 $ 6,450 $ 6,825 $ 9,530 7,760 465 $ 1,305 104 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2022 $ 1,201 420 $ 781 Accounts payable Long-term debt Common stock Retained earnings. Total liabilities & equity Return to question 2021 2022 $ 1,370 $ 1,385 1,100 3,340 640 1,300 3,250 890 $ 6,450 $6,825
Transcribed Image Text:2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income Cash Accounts receivable Inventory Total Net fixed assets. Total assets What is the quick ratio for 2022? 2021 $ 230 $ 260 1,000 1,8107 900 1,695 $ 3,040 $ 2,855 3,410 3,970 $ 6,450 $ 6,825 $ 9,530 7,760 465 $ 1,305 104 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2022 $ 1,201 420 $ 781 Accounts payable Long-term debt Common stock Retained earnings. Total liabilities & equity Return to question 2021 2022 $ 1,370 $ 1,385 1,100 3,340 640 1,300 3,250 890 $ 6,450 $6,825
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