Solution for QID #3847: Compute and report the missing items in the Balance Sheet be | StudyHelpMe

Compute and report the missing items in the Balance Sheet below. Balance Sheet of OMCO Year-Ended 2018 Cash   Accounts payable $296,000 Accounts receivable $197.000 Notes payable   Inventory $508,000 Current liabilities $585,000 Current assets $984,000 Long-term debt       Total liabilities $1,735,000 Tangible net fixed assets $5,100,000 Shareholders' Equity   Intangible net fixed assets $847,000 Common stock $610.000     Accumulated retained earnings   Total assets   Total liabilities & owners' equity   If the company reported a net income of 1.085.090 USD over the same accounting period (i.e. 01.01.2018-31.12.2018); compute ROA, cash ratio and ROE. Comment briefly what these three financial ratios indicate in terms of the performance of the company.