# Y3k Inc Homework Help

3 Liabilities and Owners’ Equity Current liabilities Accounts payable $45,166 $3,019 S $48,185 Notes payable 17,773 484 S 18,257 Total $62,939 $3,503 S $66,442 Long-term debt $44,000 $(5,000) U $39,000 Owners' equity Common stock and paid-in surplus $50,0000 $50,000 Accumulated retained earnings 260,234 42,501 S 302,735 Total $310,23 4 $42,501 S $352,735 Total liabilities and owners' equity $417,17 3 $41,004 S $458,177 The firm used $41,004 in cash to acquire new assets. It raised this amount of cash by increasing liabilities and owners’ equity by $41,004. In particular, the needed funds were raised by internal financing (on a net basis), out of the additions to retained earnings, and an increase in current liabilities. 17. Calculating Financial Ratios [LO2] Based on the balance sheets given for Just Dew It, calculate the following financial ratios for each year: a. Current ratio. = Current assets / Current liabilities Current ratio 2014 = $90,717 / $62,939 = 1.44 times Current ratio 2015 = $100,817/ $66,442 = 1.52 times b. Quick ratio. = (Current assets – Inventory) / Current liabilities Quick ratio 2014 = ($90,717 – 51,163) / $62,939 = 0.63 times Quick ratio 2015 = ($100,817 – 56,295) / $66,442 = 0.67 times c. Cash ratio. = Cash / Current liabilities Cash ratio 2014 = $11,135 / $62,939 = 0.18 times Cash ratio 2015 = $13,407 / $66,442 = 0.20 times d. NWC to total assets ratio. = NWC / Total assets NWC ratio 2014 = ($90,717 – 62939) / $417,173 = 6.66% NWC ratio 2015 = ($100,617 – 66,442) / $458,177 = 7.46%

Половина лица Хейла была залита кровью, на ковре расплылось темное пятно. Сьюзан отпрянула. О Боже. Значит, она слышала звук выстрела Хейла, а не коммандера.

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