A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Liabilities: Cash $68 Accounts payable $250 Accounts receivable (net) 180 Other liabilities 83 Investments 56 Total current liabilities 333 Inventory 208 Long-term liabilities 115 Prepaid rent 32 Total liabilities 448 Total current assets 544 Stockholders' equity: Property & Equipment, (net) 262 Common stock 158 Retained earnings 200 Total stockholders’ equity 358 Total assets $806 Total liabilities and equity $806 The current ratio is: (Round your answer to 2 decimal places.) Multiple Choice 1.63. 1.21. 2.62. 0.67.

A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Liabilities: Cash $68 Accounts payable $250 Accounts receivable (net) 180 Other liabilities 83 Investments 56 Total current liabilities 333 Inventory 208 Long-term liabilities 115 Prepaid rent 32 Total liabilities 448 Total current assets 544 Stockholders' equity: Property & Equipment, (net) 262 Common stock 158 Retained earnings 200 Total stockholders’ equity 358 Total assets $806 Total liabilities and equity $806 The current ratio is: (Round your answer to 2 decimal places.) Multiple Choice 1.63. 1.21. 2.62. 0.67.

Name: A partial balance sheet for Captain D's Sportswear is shown below. (do
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Description: A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Liabilities: Cash$68Accounts payable$250Accounts receivable (net)180Other liabilities83Investments56Total current liabilities333Inventory208Long-term li

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter1: Starting A Proprietorship: Changes That Affect The Accounting Equation

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A partial balance sheet for Captain D's Sportswear is shown below.(dollars in thousands) Assets: Liabilities: Cash $65 Accounts payable $247 Accounts receivable (net) 173 Other liabilities 87 Investments 59 Total current liabilities 334 Inventory 207 Long-term liabilities 117 Prepaid rent 27 Total liabilities 451 Total current assets 531 Stockholders' equity: Property & Equipment, (net) 257 Common stock 160 Retained earnings 177 Total stockholders’ equity 337 Total assets $788 Total liabilities and equity $788 The debt to equity ratio is: (Round your answer to 2 decimal places.) Multiple Choice 0.57. 1.34. 2.55. 0.99.
Presented below are a number of a balance sheet items for Al-Rasheed company for the current year 2007. Fixed Assets Furnitures 325 Cars 1100 Building 3200 Owner's equity Capital 6735 Net income 170 With drawals 200 Long term liabilities Long payable 1000 Mortgage payable 1700 Short term liabilities Notes payable 470 Account payable 550 Current Assets Cash 1425 Bank 1550 Short term investment 900 Note receivable 500 Account receivable 675 Ending inventory 750 Ins:- 2-prepare a classified balance sheet in a good format. ( used statement form )
Presented below are a number of a balance sheet items for Al-Rasheed company for the current year 2007. Fixed Assets Furnitures 325 Cars 1100 Building 3200 Owner's equity Capital 6735 Net income 170 With drawals 200 Long term liabilities Long payable 1000 Mortgage payable 1700 Short term liabilities Notes payable 470 Account payable 550 Current Assets Cash 1425 Bank 1550 Short term investment 900 Note receivable 500 Account receivable 675 Ending inventory 750 Ins:- 1-Prepare a classified balance sheet in a good format. ( used T account form )
The top part of Rammy's Incorporated's 2022 balance sheet is listed as follows (in millions of dollars). Current assets: Current liabilities: Cash and marketable securities $ 5 Accrued wages and taxes $ 6 Accounts receivable 15 Accounts payable 10 Inventory 95 Notes payable 50 Total $ 115 Total $ 66 What are Mars, Incorporated's current ratio, quick ratio, and cash ratio for 2022? Multiple Choice 1.74242, 0.30303, 0.07576 7.1875, 1.25, 0.3125 1.43939, 0.30303, 0.07576 19.16667, 3.33333, 0.83333
If a business has the following balances, what would be the amount of total liabilities?ASSETSCash $ 5000Accounts Receivable 2575Equipment 14000OWNER'S EQUITYAnne Miller, Capital 2600
Bramble Company compiled the following financial information as of December 31, 2022: Revenues $333000 Owner’s Capital (1/1/22) 149000 Equipment 79300 Expenses 249000 Cash 89300 Owner's Drawings 19200 Supplies 15800 Accounts payable 40100 Accounts receivable 69500 Bramble’s owner’s equity on December 31, 2022 is $253900. $149000. $213800. $108900.
Skysong, Inc. had the following accounts and balances: Accounts payable $31100 Equipment $35300 Accounts receivable 4500 Land 35400 Buildings ? Unearned service revenue 10500 Cash 15450 Total stockholders' equity ? If the balance of the Buildings account was $83000, what would be the total of liabilities and stockholders' equity? $173650 $121550 $169150 $132050
The following data as of May 1, 2020 were taken from the records of Bravo: Cash 21,000 Accounts Receivable 244,536 Inventories 130.035 Furniture & Fixtures 60,345 Land 613,000 Other assets 12,000 Accounts Payable 188,940 4 Notes Payable 210,000 Bravo, capital 681.976 And the following accounts and balances were taken from the records of Charlie Cash P 32.354 Accounts Receivable 577.890 Inventories 270,102 Furniture and Fixtures 44,789 Building 438.267 Other Assets 13.600 Accounts Payable 253,650 Notes Payable 355,000 Charlie, capital 768,352 Bravo and Charle agreed to form a partnership by contributing their respective assets and equities subject to the following adjustments a) Inventories of P6.500 and P6 700 are worthless in Bravo's and Charlie's respective books b) Accounts Receivable of P25,000 Bravos book and P30,000 in Charlie's book are uncollectib Other assets of P4 000 and PG.000 in Bravo and Charlie's respective books are to be written The adjustment to…
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The top part of Ramakrishnan, Inc.’s 2021 and 2020 balance sheets is listed below (in millions of dollars). 2021 2020 2021 2020 Current assets: Current liabilities: Cash and marketable securities $ 62 $ 53 Accrued wages and taxes $ 46 $ 45 Accounts receivable 157 142 Accounts payable 101 90 Inventory 220 201 Notes payable 62 54 Total $ 439 $ 396 Total $ 209 $ 189 Calculate Ramakrishnan, Inc.’s current ratio for 2021 and 2020. (Round your answers to 2 decimal places.) 2021 = _______ times 2020 = _______ times Calculate Ramakrishnan, Inc.’s quick ratio for 2021 and 2020. (Round your answers to 2 decimal places.) 2021 = _______ times 2020 = _______ times Calculate Ramakrishnan, Inc.’s cash ratio for 2021 and 2020. (Round your answers to 2 decimal places.) 2021 = ________ times 2020 = ________ times
The data shown below were taken from the financial records of Shahid Limited at the end of 2018. 1. Account Payable 50,000 2. Accrued Liabilities 33,000 3. Cash 32,000 4. Inventories (Jan 1,2018) 42,000 5. Inventories (Dec.31 2018) 38,000 6. Marketable Securities 10,000 7. Operating Expenses 120,000 8. Prepaid Expenses 25,000 9. Purchases (Net) 360,000 10. Accounts Receivable( Jan 1,2018) 61,000 11. Account Receivable (Dec.31,2018) 61,000 12. Long Term Loan 150,000 13. Plant Assets 400,000 14. Sales (All on Credit) 604,000 15. Sales Return 20,000 16. Retained Earnings 133,000 17. Share Capital (Rs. 10) ? 18. Market Price Per Share Rs. 18 Required: On the basis of above information computes the following. a) Current Ratio b) Quick Ratio c) Equity Ratio d) Debt Ratio e) Inventory Turnover f) Receivable Turnover g) Rate of Net Income on Sales h) Book value per share i) Days of operating cycle
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bartleby, a Learneo, Inc. business

Assets:		Liabilities:
Cash	$68	Accounts payable	$250
Accounts receivable (net)	180	Other liabilities	83
Investments	56	Total current liabilities	333
Inventory	208	Long-term liabilities	115
Prepaid rent	32	Total liabilities	448
Total current assets	544	Stockholders' equity:
Property & Equipment, (net)	262	Common stock	158
		Retained earnings	200
		Total stockholders’ equity	358
Total assets	$806	Total liabilities and equity	$806