S 17000 27500 dividends s 858 98 long term debt 22950

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S 17,000 27,500 Dividends S 858 $ 98 Long-term Debt $ 22,950 $ 28,750 Common Stock 31,500 $ Cash and Equivalents of 2012 (2 points) 31,500 a. Retained Earnings 24,750 Total Liabilities and Owners Equity 112,500 d. What is the quick ratio for 2012? (2 points) b. Accumulated Deprectation of 2012 (2 points) Retained Earnings of 2012 (4 points) c. Please find the figures for the following items on the Statement of Cash Flows: Statement of Cash Flows of 2012 Operating Activities Change in Accounts Receivable Change in Inventories Change in Accounts Payable Depreciation Expenses Change in Inventory of 2012 (2 points) e. (3,500) 11,798 Net Income $ 2,860 Net cash in operating activities 7,658 Change in Short-term Bank Notes of 2012 (2 points) f. Long-term Investing Activities Change in Land $ (6,000) Change in Buildings and Equipment Net change in investing activities $ (30,000) (36,000) Financing Activities Change in Short-term Bank Notes Change in Long-term Debt Dividend g Depreciation of 2012 (2 points) (5,800) (858) 23,342 Net cash in financing activities Net change in Cash (5,000) Based on the provided financials, the firm purchases more inventory at $ 2,000 in 2012. Assume no other financial activities taking place, what is the new quick ratio? (3 points) h
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