View the step-by-step solution to:

Asset $172,149.00 cash $3,278.00 AR $6,954.00 INVT $17,417.00 PE $144,500.00 Liability $89,810.00 AP $9,250.00 WAGE $1,110.00 TAX $3,650.00 DEBT...

Screen Shot 2018-05-07 at 3.24.50 PM.pngCalculate the current ration and the total debt to total assets ratio for 2010 and 2011.

Screen Shot 2018-05-07 at 3.24.50 PM.png

Asset $172,149.00
cash $3,278.00 AR $6,954.00
INVT $17,417.00
PE $144,500.00 Liability $89,810.00
AP $9,250.00
WAGE $1,110.00
TAX $3,650.00
DEBT $75,800.00 Equity $82,339.00
$32,339.00 Total $1 72, 149. 00 Vertical Analysis M
1.90%
4.04% 10.12% 83.94% 100.00%
10.30%
1.24%
4.06%
84.40% 100.00%
100.00% 2011 Verticalmsis, Horizontal Analysis $181,979.00
$1,844.00
$11,807.00
$9,628.00
$158,700.00 $111,020.00
$13,446.00
$650.00 $4, 124.00
$92,800.00 $70,959.00
$70,959.00 $181,979. 00 100.00% 1.01%
6.49%
5.29%
87.21% 100.00% 12.11%
0.59%
3.71% 83.59% 100.00%
100.00% 5.71%
—43.75%
69.79%
-44.72%
9.83% 23.62%
45.36%
-41.44%
12.99%
22.43% -13.82% 5.71% 2. Calculate the current ratio and the total debtto total assets ratio for 201 0 and 2011.

Top Answer

2010 Current ratio = 1.97 2011 Current... View the full answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online