question archive A) Vibrant Company's Statement of Financial Position had balances as follows: Cash 545,000 Accounts Receivables 900,000 Inventory 560,000 Prepaid Assets 80,000 Accrued liabilities 160,000 Accounts Payable 450,000 Notes payable 650,000 1
A) Vibrant Company's Statement of Financial Position had balances as follows: Cash 545,000 Accounts Receivables 900,000 Inventory 560,000 Prepaid Assets 80,000 Accrued liabilities 160,000 Accounts Payable 450,000 Notes payable 650,000 1
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A) Vibrant Company's Statement of Financial Position had balances as follows:
Cash 545,000
Accounts Receivables 900,000
Inventory 560,000
Prepaid Assets 80,000
Accrued liabilities 160,000
Accounts Payable 450,000
Notes payable 650,000
1. The debt ratio is ____
2. The debt to equity ratio is ___
3. The amount of stockholder's equity is ____
Assume the company had total net sales of P5,000,000, 45% of which is sales on credit.
4. The asset turn over ratio is ____
5. The accounts receivable turn over is ____
Assuming gross profit ratio of 48% and operating expenses of
6. The gross profit is Answer
7. The return on equity ratio is ___
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