FIN 401 Anywhere Start Here/newtonhelp.com
For more course tutorials visit www.newtonhelp.com By monday, February 23, 2015 solve the problem below, calculate the ratios, interpret the results against the industry average, and fill in the table on the worksheet. Then, provide an analysis of how those results can be used by the business to improve its performance. Balance Sheet as of December 31, 2010 Gary and Company Cash $45 Accounts payables $45 Receivables 66 Notes payables 45 Inventory 159 Other current liabilities 21 Marketable securities 33 Total current liabilities $111 Total current assets $303 Net fixed assets 147 Long Term Liabilities Total Assets $450 Long-term debt 24 Total Liabilities $135
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