Consider the following balance sheet and income statement Information to answer questions 3-6: $ 9,000 20,000 5,000 Current assets Net income $ 8,000 4,000 40,000 30,000 Stockholders equity Total liabilities Current liabilities Average assets Total assets Average common shares outstanding was 10,000 3. What is the total amount of working capital? a. $1,000 b. $7,000 c. $2,000 d. $4,000 year 4. What is the current ratio? a. 1.75 : 1 b. 1.4 : 1 C. 0.57 : 1 d. 2 : 1 dic thatre 5. What is the earnings per share? $2.70 $3.00 $.90 а. b. С. d. $.50 6. What is the debt to total assets? a. 12.5 percent b. 20 percent с. 75 рercent d. 16.7 percent
Consider the following balance sheet and income statement Information to answer questions 3-6: $ 9,000 20,000 5,000 Current assets Net income $ 8,000 4,000 40,000 30,000 Stockholders equity Total liabilities Current liabilities Average assets Total assets Average common shares outstanding was 10,000 3. What is the total amount of working capital? a. $1,000 b. $7,000 c. $2,000 d. $4,000 year 4. What is the current ratio? a. 1.75 : 1 b. 1.4 : 1 C. 0.57 : 1 d. 2 : 1 dic thatre 5. What is the earnings per share? $2.70 $3.00 $.90 а. b. С. d. $.50 6. What is the debt to total assets? a. 12.5 percent b. 20 percent с. 75 рercent d. 16.7 percent
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.3.1P: Effect of transactions on current position analysis Data pertaining to the current position of...
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