You are the finance manager of Adventure Tourist Ltd. The following data is available for the company as of 31 June 2021: Current assets of $253,950 Current liabilities $178,700 Total assets $795,500 Equity $405,890 Calculate non-current assets, non-current liabilities and build a balance sheet for the company? Calculate the return on assets (ROA) of the company given that return on equity (ROE) is 35%? Adventure Tourist Ltd. has net credit sales of $1,476,000. Calculate the accounts receivable turnover of the company, given average accounts receivable is $128,500
You are the finance manager of Adventure Tourist Ltd. The following data is available for the company as of 31 June 2021: Current assets of $253,950 Current liabilities $178,700 Total assets $795,500 Equity $405,890 Calculate non-current assets, non-current liabilities and build a balance sheet for the company? Calculate the return on assets (ROA) of the company given that return on equity (ROE) is 35%? Adventure Tourist Ltd. has net credit sales of $1,476,000. Calculate the accounts receivable turnover of the company, given average accounts receivable is $128,500
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter9: Long-term Liabilities
Section: Chapter Questions
Problem 89E: Ratio Analysis Rising Stars Academy provided the following information on its 2019 balance sheet and...
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You are the finance manager of Adventure Tourist Ltd. The following data is available for the company as of 31 June 2021:
Current assets of $253,950
Current liabilities $178,700
Total assets $795,500
Equity $405,890
Calculate non-current assets, non-current liabilities and build a balance sheet for the company?
Calculate the return on assets (ROA) of the company given that return on equity (ROE) is 35%?
Adventure Tourist Ltd. has net credit sales of $1,476,000. Calculate the
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