Using the information below, what is Puppy Company's debt to total assets ratio f 2019? The following financial statement accounts and balances are for Puppy Company: Cash Accounts Receivable Total Inventory Prepaid Expenses Total Current Assets Property and Equipment Total Assets Total Current Liabilities Total Debt Total Liabilities Total Shareholders' Equity Sales / Net Revenue / Net Credit Sales COGS (Cost of Goods Sold) Gross Profit 2019| 82,370 6,555 327,750 4,288 420,963 290,750 711,713 111,450 45,000 156,450 555,263 2018 71,740 5,963 364,680 5,382 447,765| 250,612 698,377 128,857 50,512 179,369 519,008 2,250,000 2,064,676| 1,370,500 1,299,092 765,584 Net Income / Profit 879,500 207,850 250,094
Using the information below, what is Puppy Company's debt to total assets ratio f 2019? The following financial statement accounts and balances are for Puppy Company: Cash Accounts Receivable Total Inventory Prepaid Expenses Total Current Assets Property and Equipment Total Assets Total Current Liabilities Total Debt Total Liabilities Total Shareholders' Equity Sales / Net Revenue / Net Credit Sales COGS (Cost of Goods Sold) Gross Profit 2019| 82,370 6,555 327,750 4,288 420,963 290,750 711,713 111,450 45,000 156,450 555,263 2018 71,740 5,963 364,680 5,382 447,765| 250,612 698,377 128,857 50,512 179,369 519,008 2,250,000 2,064,676| 1,370,500 1,299,092 765,584 Net Income / Profit 879,500 207,850 250,094
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter3: Taxes On The Financial Statements
Section: Chapter Questions
Problem 1BD
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