The following data are taken from the financial statements of Rosen, Inc. as of the...
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The following data are taken from the financial statements of Rosen, Inc. as of the end of the year 2027. The data are in alphabetical order. Accounts payable Accounts receivable Cash Gross profit Income before income taxes (a) (b) (c) Current ratio Working capital Debt to assets ratio $28,000 $ 66,000 24,000 160,000 54,000 Net income Other current liabilities Salaries and wages payable Additional information: The average common shares outstanding during the year was 40,000. Compute the following: (Round current ratio to 1 decimal place, e.g. 1.5:1.) Total assets Total liabilities 2,7 :1 40,000 0,7 $48,000 17,000 % 5,000 250,000 175,000
The tonowing data are taken trom the tinanciarstatements of Rosen, inc as of the end of the year 2027. he datarare in alphabetical order. Additional information: The average common shares outstanding during the year was 40,000 . Compute the following: (Round current ratio to 1 decimal place, es 1.5:1) (a) Current ratio :1 (b) Working capital (c) Debt to assets ratio
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