Assets Accounts 2021 2022 Cash $45.00 $50.00 A/R $29…
Assets Accounts 2021 2022 Cash $45.00 $50.00 A/R $295.00 $399.00 Inventory $190.00 $244.00 Total $530.00 $693.00 Net Fixed Assets $1,000.00 $1,200.00 Total Assets $1,530.00 $1,893.00 Liabilities Accounts 2021 2022 Accounts Payable $323.00 $142.00 Notes Payable $150.00 $125.00 Total $473.00 $267.00 Long-Term Debt $500.00 $750.00 Common Stock $400.00 $400.00 Retained Earnings $157.00 $476.00 Total Liabilities $1,530.00 $1,893.00 Sales Accounts 2021 2022 Sales $1,955.00 Cost of Goods Sold $1,564.00 Depreciation $200.00 EBIT $191.00 Interest $40.00 Taxes $76.40 Net Income $74.60 Questions What is the Current Ratio for 2022? [1] What is the Quick Ratio for 2022? [2] What is the Times Interest Earned (TIE) for 2022? [3] What is the Debt to Equity (D/E) Ratio for 2021? [4] What is the Debt to Equity (D/E) Ratio for 2022? [5] What is the Profit Margin (PM) for 2022? [6] What is the Total Asset Turnover (TAT) for 2022? [7] What is the Equity Multiplier (EM) for 2022? [8] What is the Return on Equity (ROE) for 2022? [9] What is the Return on Assets (ROA) for 2022? [10]
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