Answer the following questions using the financial statements that are presented for each problem and...
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Accounting
Answer the following questions using the financial statements that are presented for each problem and the additional information that is provided. Includes formula used and calculations. You must fill in each highlighted space with the correct figure or answer
Complete EnergyCorp's balancesheet,given the following information
In addition, the following information is provided:
Debt ratio = 40%
DSO = 39 days
Costs of goods sold = $1.6875 million
Sales = $2.25 million
Inventory turnover ratio = 3.375
Current ratio = 1.5
For the year that ends June 30, 2018, Northern Air Cooling Corporation has:
Total assets = $87,631,181
ROA = 11.67 %
ROE = 21.19 %
Net profit margin = 11.59 %
Determine the following(3 puntos):
Net income: _____________
Sales: _____________
Debt-to-equity ratio: _____________
Energy Corp. Balance Sheet as of 12/31/2018 Liabilities and Stockholders' Equity Assets Accounts payable Cash and marketable securities Accounts receivable Inventories Total current assets Notes payable $ 300,000 $2,000,000 Net plant and equipment Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and stockholders' equity $1,250,000 Total assets $8,000,000
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