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

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter8: Budgets And Bank Reconciliations
Section: Chapter Questions
Problem 2.7C
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Receivable turnover, total debt ratio, time interest earned ratio and cash coverage ratio

Bookl - Excel
?
FILE
HOME
INSERT
PAGE LAYOUT
FORMULAS
DATA
REVIEW
VIEW
Sign in
V Ruler
M Formula Bar
- Split
O View Side by Side
FO
Hide
EBİ Synchronous Scrolling
Normal Page Break Page Custom O Gridlines V Headings
Zoom 100% Zoom to
New Arrange Freeze
Switch
Macros
BB Reset Window Position
Preview Layout Views
Panes - OUnhide
Selection Window
All
Windows -
Workbook Views
Show
Zoom
Window
Маcros
S25
fx
A
C
E
H.
I
J
K
N
Q
R
1
2
Kinabalu Travel Corporation
Kinabalu Travel Corporation
3
RM
RM
RM
RM
Current Assets
Sales
4053
Cash
215
Cost of goods sold
(2780)
6.
Account receivable
310
Depreciation
(550)
Earning before interest and taxes
Interest paid
7
Inventory
328
853
723
8.
502
Fixed Assets
Taxable income
221
10
Net plant and equipment
6527
Taxes (34%)
75
11
Total Assets
7380
Net income
146
12
13
Current Liabilities
Dividend
47
14
Account payable
298
Addition to retain earnings
99
15
Notes payable
1427
1725
16
17
Long term debt
2308
Please calculates:
18
Current ratio
19
Owners' equities
Quick ratio
Common stock and paid-in surplus
II
20
1000
Inventory turnover
21
Retained earnings
2347
Receivable turnover
22
Total Liabilities and owners' equities
7380
Total debt ratio
23
Time interest earned ratio
24
Cash coverage ratio
25
Tzaan Fly's screen
150%
Transcribed Image Text:Bookl - Excel ? FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign in V Ruler M Formula Bar - Split O View Side by Side FO Hide EBİ Synchronous Scrolling Normal Page Break Page Custom O Gridlines V Headings Zoom 100% Zoom to New Arrange Freeze Switch Macros BB Reset Window Position Preview Layout Views Panes - OUnhide Selection Window All Windows - Workbook Views Show Zoom Window Маcros S25 fx A C E H. I J K N Q R 1 2 Kinabalu Travel Corporation Kinabalu Travel Corporation 3 RM RM RM RM Current Assets Sales 4053 Cash 215 Cost of goods sold (2780) 6. Account receivable 310 Depreciation (550) Earning before interest and taxes Interest paid 7 Inventory 328 853 723 8. 502 Fixed Assets Taxable income 221 10 Net plant and equipment 6527 Taxes (34%) 75 11 Total Assets 7380 Net income 146 12 13 Current Liabilities Dividend 47 14 Account payable 298 Addition to retain earnings 99 15 Notes payable 1427 1725 16 17 Long term debt 2308 Please calculates: 18 Current ratio 19 Owners' equities Quick ratio Common stock and paid-in surplus II 20 1000 Inventory turnover 21 Retained earnings 2347 Receivable turnover 22 Total Liabilities and owners' equities 7380 Total debt ratio 23 Time interest earned ratio 24 Cash coverage ratio 25 Tzaan Fly's screen 150%
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