Jennings Co. has total assets of 441.0 million. it total liabilities are 118.5 million and its equity is 322 million calculate the debit ratio round to the 1st decimal

Q: All sales were on credit. Net cash provided by operating activities for 2022 was $216,000. Capital…

A: Ratio analysis helps in measuring and analyzing the financial position of the business entity.

Q: Barts Industries, Inc., has total assets as follows: $50,000 in cash, $15,000 in short-term…

A: Solution..     Cash = $50,000  Short term investment = $15,000  Net receivable = $120,000  Inventory…

Q: The balance sheet for Fanning Corporation follows: Current assets $232,000 763,000 Long-term assets…

A: Working Capital = Current Assets - Current Liabilities Current Ratio = Current AssetsCurrent…

Q: the total current assets of Gorgan company is equal to $540,000. This includes cash of $40,000,…

A: Hence, the correct option is (D). The quick ratio is 0.73. It is obtained by dividing current assets…

Q: Compute the following. (Round "Ratios" to 1 decimal place.)   Working capital   Current ratio…

A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Presented below are summary financial data from Pompeo's annual report: Amounts in millions Balance…

A: Quick ratio = Quick assets / Current liabilities where, Quick assets = Total current assets -…

Q: Taylor Company has the following balances at the end of the current year: Total Assets $490,000…

A: Formulas: Debt to equity ratio = Total liabilities / Equity where, Equity = Total Assets - Total…

Q: D. Ernst Company's balance sheet shows total liabilities of P32,500,000, total stockholder's equity…

A: Debt ratio explains the ratio of total debt and total assets of the company . Higher the ratio more…

Q: Under Armour has the following current assets: cash, $102 million; receivables, $94 million;…

A: We have the following information: Cash: $102 million Receivables: $94 million Inventory: $182…

Q: Campbell Company has current assets of $10 million of which $3,000,000 are accounts receivable. Its…

A: Financial statements are referred as the records of the business operations and financial…

Q: Calculate the following for Co. XYZ:   c. Average collection period (365 days) d. Times interest…

A: C) Average collection period = 365Accounts receivable turnover ratioandAccounts receivable turnover…

Q: Based on the following data, what is the current ratio, rounded to one decimal point? Accounts…

A: Determine current assets.

Q: Data pertaining to the current position of Lucroy Industries Inc. follow: Cash $430,000 Marketable…

A: Accounting Ratios: The ratios are computed using the financial statement of a company and they…

Q: Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios to one…

A: Formulas: Working Capital:     = Current Assets - Current Liabilities  Current Ratio:     = Current…

Q: LoLo Lemon Company has current assets Calculating the Current Ratio and the ear equal to $500,000.…

A: Introduction: Current ratio : Division of current liabilities with current Assets derives the…

Q: FMT Co has current assets that consist of cash: $20,000, receivables: $70,000 and inventory:…

A: The ratio article examines line-item data from  the company's financial records to determine…

Q: The Lawrence Company has a ratio of long-term debt to long-term debt plus equity of .34 and a…

A: Profit Margin = Net Profit/Sales So Net Profit = Sales * Profit Margin    ROE = Net Profit/Equity So…

Q: Based on the following data, what is the current ratio, rounded to one decimal point? Based on the…

A: This numerical has covered the concept of Ratio Analysis  Current Assets are those assets which can…

Q: Effect of Transactions on Current Position Analysis Data pertaining to the current position of…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Consider the following information from an income statement and balance sheet: NOI: $323,000…

A: Net operating income = $323,000 Interest expense = $165,000 Total current assets = $98,396 Total…

Q: Hannah Company has current assets equal to $3,800,000. Of these, $1,200,000 is cash, $1,800,000 is…

A: Current ratio = Current assets / Current liabilities

Q: Current Position Analysis

A: Definition: Current position Analysis: This analysis is mainly used by the creditors to measure…

Q: Amounts in millions Balance Sheet   Cash and Cash Equivalents $1,850 Marketable Securities 19,100…

A: Current Ratio is a measure of liquidity of the firm and whether it can meet its short term…

Q: long

A: Long term debts includes loans & liabilities that are due for more than a year. To be specific…

Q: Calculating the Current Ratio and the Quick (or Acid-Test) Ratio LoLo Lemon Company has current…

A: As first question is striked off so we are not answering . If first question is also required then…

Q: Data pertaining to the current position of Forte Company follow: Cash $412,500 Marketable securities…

A: Current liabilities=Accounts payable+Note payable+Accrued…

Q: Current position analysis The following items are reported on a company’s balance sheet: Determine…

A: Accounting's goals include keeping a systematic record of all financial transactions in a book of…

Q: Total current liabilities

A: Liability: Liability is the obligation of the company to pay which comes from a past activity done…

Q: Jones Corp. reported current assets of $201,500 and current liablities of $143,000 on its most…

A: Formula to calculate the quick ratio:

Q: Ratio Analysis Presented below are summary financial data from Pompeo’s annual report: Amounts…

A: In the context of the given question, we are required to compute the Times-interest earned ratio,…

Q: 3BB company had cash and marketable securities worth $400,134 accounts ables worth $2,490,357,…

A: Since you have posted a multiple question so we will be solving the first question for you only. if…

Q: account

A: TOTAL CURRENT LIABILITIES = fixed assets + current assets -long term debt - retained earnings -…

Q: Data pertaining to the current position of Lucroy Industries Inc. follow:Cash…

A: 1.

Q: Using the balance sheet provided, what is the decimal value for the XYZ Company Balance Sheet Assets…

A: Introduction:- Accounting equation also termed as balance sheet equation. It denotes relationship…

Q: In 2x20, ABC Company has the following data on its statement of financial position: Cash -…

A: Hi student Since there are multiple subparts, we will answer only first three subparts. If you want…

Q: Data pertaining to the current position of Forte Company follow: Cash $440,000 Marketable securities…

A: SOLUTION-   FORMULA- WORKING CAPITAL = CURRENT ASSETS - CURRENT LIABILITIES CURRENT RATIO = CURRENT…

Q: ABC has the following current assets: cash, $102 million; receivables, $94 million; inventory,…

A: The acid test ratio is a part of the liquidity ratio that indicates the firm's ability to payout its…

Q: The balance sheet for Fanning Corporation follows: $246,000 764,000 Current assets Long-term assets…

A: Ratio analysis helps for analyzing the performance of the company. The firm can also compare their…

Q: Stark Company's most recent balance sheet reported total assets of $2,000,000, total liabilities of…

A: Total assets = $ 2,000,000 Total liabilities = $ 750,000 Total equity = $ 1,250,000

Q: In a recent year’s financial statements, Home Depot reported the following: Total liabilities =…

A: Debt ratio: It can be defined as a financial ratio that assists the business in measuring the…

Q: Data pertaining to the current position of Forte Company follow: Cash $437,500 Marketable securities…

A: Working Capital: Working Capital is also known as Net Working Capital. It is the difference between…

Q: following items are reported on a company's balance sheet: $365,600 rketable securities 285,700…

A: The current ratio is a liquidity ratio that evaluates a company's ability to pay one-year or…

Q: The following information was taken from Sigmund Company’s balance sheet:Fixed assets (net)…

A: (a)Calculate ratio of fixed assets to long-term liabilities :Ratio of fixed assets to long term…

Q: 1.  Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios to…

A: Since the student has not mentioned any specific requirement, only the first one is answerable.…

Q: NNR Inc.'s balance sheet showed total current assets of $1,812,000 plus $4,379,000 of net fixed…

A: GIVEN, CURRENT ASSET 1812000 FIXED ASSET 4379000 ACCOUNT PAYABLE 498000 SHORT TERM NOTE…