all parts please okere assignments&takeAssignmentSessionLocatora; assignment tak

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all parts please

okere assignments&takeAssignmentSessionLocatora; assignment take&inprogress-false; The Cash and Accounts Receivable end-of-year balances for a company are provided below Prior Year $65,300 72,000 Current Year Cash Accounts receivable (net) Based on this information, what is the amount and percentage of increase or decrease that would be a minus sign before the amount and the percentage Account Cash Accounts Receivable increase,decrease $85,543 43,920 shown with horizontal analysis? Enter a decrease using Dollar Change Percent Change (Pre

Explanation / Answer

Account Dollar change % change

Cash $20243 31% Increase

Accounts receivable $28080 39% Decrease

Current ratio = Current assets / Current liabilities

= ($224900+81800+241300+185700) / 290000

= $733700/$290000

= 2.53

Quick ratio = (Current assets - inventory) / Current liabilities

= ($733700-185700)/ 290000

= 1.89

Times interest earned ratio = Ebit / interest expense

= ($288960 + 51600) / 51600

= 6.6 times

Earnings per share = (Net income - preferred dividend)/ number of common share

= ($389040 - $28820) / 31000

= $11.62

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