question archive Oriole NV's comparative statements of financial position data are presented below
Oriole NV's comparative statements of financial position data are presented below
Subject:BusinessPrice: Bought3
Oriole NV's comparative statements of financial position data are presented below. Orlole NV Statements of Financial Position December 31 2020 2019 Land €18.400 €21.840 64.400 58,800 (13,800) (8.400) Buildings Accumulated depreciation-buildings Inventory Accounts receivable 9.200 5,880 20,240 20,160 Cash 3.956 3,108 Total assets €102,396 €101.388 Share capital-ordinary €66,240 €57,960 Retained earnings 22.356 17.304 55 €66.240 Share capital-ordinary Retained earnings €57,960 22,356 17,304 Accounts payable 13.800 26,124 BE Total equity and liabilities €102.396 €101,388 Orioles 2020 income statement included net sales of €84.000, cost of goods sold of €50,694, and net income of €11.760. Compute the following ratios for 2020. (Round profit margin to O decimal places, eg. 16 or 16%. Round all other answers to 2 decimal places, 68.1.67.) Current ratio :1 b. Acid-test ratio :1 Accounts receivable turnover times d. Inventory turnover times = 135 Compute the following ratios for 2020. Round profit margin to decimal places, s. 16 or 169 Round all other answers to 2 decimal places 28. 1.67) a Current ratio :1 b. Acid-test ratio :1 c Accounts receivable turnover times d. Inventory turnover times e. Profit margin % Asset turnover times & Return on assets % h. Return on ordinary shareholders' equity % Debt to assets ratio %
