A B D K M P. Kinabalu Travel Corporation Kinabalu Travel Corporation RM RM RM RM Current Assets Sales 4053 Cash 215 Cost of goods sold (2780) Account receivable 310 Depreciation (550) Inventory 328 853 Earning before interest and taxes 723 Interest paid 502 Fixed Assets Taxable income 221 Net plant and equipment 6527 Taxes (34%) 75 Total Assets 7380 Net income 146 Current Liabilities Dividend 47 Account payable Notes payable 298 Addition to retain earnings 99 1427 1725 Long term debt 2308 Please calculates: Current ratio Owners' equities Quick ratio Common stock and paid-in surplus 1000 Inventory turnover Retained earnings Total Liabilities and owners' equities 2347 Receivable turnover 7380 Total debt ratio Time interest earned ratio Cash coverage ratio
A B D K M P. Kinabalu Travel Corporation Kinabalu Travel Corporation RM RM RM RM Current Assets Sales 4053 Cash 215 Cost of goods sold (2780) Account receivable 310 Depreciation (550) Inventory 328 853 Earning before interest and taxes 723 Interest paid 502 Fixed Assets Taxable income 221 Net plant and equipment 6527 Taxes (34%) 75 Total Assets 7380 Net income 146 Current Liabilities Dividend 47 Account payable Notes payable 298 Addition to retain earnings 99 1427 1725 Long term debt 2308 Please calculates: Current ratio Owners' equities Quick ratio Common stock and paid-in surplus 1000 Inventory turnover Retained earnings Total Liabilities and owners' equities 2347 Receivable turnover 7380 Total debt ratio Time interest earned ratio Cash coverage ratio
Chapter8: Budgets And Bank Reconciliations
Section: Chapter Questions
Problem 2.7C
Related questions
Question
Answer only for question
Receivable turnover, total debt ratio, time interest earned ratio and cash coverage ratio
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you