Lopez 0414xx cash 270 ar lifetime 270 recived payment

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lopez04/14/xxCash270A/R Lifetime270Recived payment04/14/xxAccount Payable Lopez800Cash800paid Lopez04/14/xxA/R Artwork1296Sales1296sold Artwork04/15/xxGoodwill285.24cASH285.24Purchased shelving
04/19/xxOwner withdraw2000cash2000Took cash 04/19/xxUtilities Expense500cash500Paid bill04/21/xxCash2700A/Rkevin270004/24/xxA/R Prints1026Sales1026sold 04/25/xxA/R art Display1080Sales1080Sold art Display04/30/xxExpenses12.5Cash12.5Bank fees04/30/xxExpenses775.25Cash775.25Paid sales tax04/30/xxTax Expenses110.75Cash110.7504/30/xxRent expense1000Cash1000Paid Rent check #100504/30/xxUtilities Expense3524.33Cash3524.33Paid Bill check #1006Total22877.9122877.91
FINANCIAL RATIOSLIQUIDITY RATIOS: Quick Ratio = (Cash + Current Receivable)/Current Liability3.131546Current Ratio = (Current Assets)/Current Liability3.819454Solvency Ratios:Debt To Equity = Total Liability/Total Equity0.264369Debt Ratio = Total Liability/Total Assets0.209092Equity Ratio = Total Equity/Total Assets0.790908Efficiency Ratios:A/R Turnover = NetCredit Sales/Average A/R26.97632Asseta Turnover = Net Sales/Average Assets1.410535Inventory Trunover = Cost Of Good Sold/Average Inventory0.041885Profitability Ratios:Return on Assets = Net Income /average Total Assets0.602039Profit Margin = Net Income/Net Sales0.426816

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