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ID: B 19. Liquidity analysis of a company inctudes all of the following useful measures excapt for a. b. c. d. Current ratio Operating cash flow to current liabilities Quick ratio Debt-to-equity Problem 20. On January 1, 20xx, Rizzo Corporation was authorized to issue 100,000 shares of common stock, par value $5 per share, and 20,000 shares of S percent preferred stock, par value $40 per share. Prepare journal entries to record the following 20xx transactions: Issued 60,000 shares of common stock at $12 per share. Issued 12,000 shares of preferred stock at $56 per share. Declared cash dividend for prferred stockholders sufficient to meet the current-dividend preference. Declared cash dividend for common stockholders of $1 per share. a. b. c. d. 21. Identify which section of the statement of cashflows (operating, investing, finanoing) each of the following would be found: a. Cash dividonds paid b. Cash interest received c. Cash received fron customers d. Cash paid for the principal of a loan e. Cash proceeds from issuance of stock f. Cash interest paid g Cash purchase of equipment h. Cash paid to employees for wages Following is the comparative income statements for Bryant Fashions, Inc. for 20x3 and 20x4: Years ended Dec 31, Net sales Cost of goods sold Gross profit 20x4 20x3 $79,029 $91,748 51369 57,801 27,66033,947 Selling, general and administrative expense 15.806 19.267 11,854 14,680 Operating income Income taxes Net income 3.9515.505 Perform a vertical analysis by preparing a common-size income statement for both 20x3 and 20x4 fround to the nearest whole percentage)

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