Survey of Accounting (Accounting I)
Solutions
Survey of Accounting (Accounting I)
Twenty metrics of liquidity, solvency, and profitability
The comparative financial statements of Automotive Solutions Inc. are as follows. The market price of Automotive Solutions Inc. common stock was $119.70 on December 31, 20Y8
Instructions
Ratio of liabilities to stockholder.' equity
Concept Introduction:
Financial Statement analysis is done using the components of a financial statement. These components are Balance sheet, Income statement, Statement of Cash flows etc. Annual report of a company contains financial statement of that year and previous year for comparison. If the company has subsidiaries or segments, the financial statement shall be consolidated for the entire business of the company.
To Calculate:
The Ratio of Liabilities to stockholder's equity.
The Ratio of Liabilities to stockholder's equity is calculated as follows:
| 20Y8 | 20Y7 | |
| Total Liabilities (A) | $ 2,600,000 |
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