Use the Following Data to Calculate the Current Ratio Utilize the following data to calculate the current ratioCarne Car Supplies Balance Sheet December 31 2017 Greenbacks 70000 Accounts payable 130000 Accounts receivable 100000 Salaries and wages payable 20000 Inventory 140000 Mortgage payable 180000 Prepaid insurance 80000 Total. It is easy …

Read More »## Calculate the Following Financial Ratios for Phone Corporation

Calculate the Following Financial Ratios for Phone Corporation Financial Ratios Practice Calculations Now that yous have learned well-nigh 15 of the more than common financial ratios, we want you to experience computing them by using the amounts in a corporation’s financial statements. This will deepen your agreement and will help …

Read More »## Calculate the Cost of Goods Sold Using the Following Information

Calculate the Cost of Goods Sold Using the Following Information Every business possessor wants to calculate how much turn a profit their business concern has fabricated, but before that tin can happen, you need to calculate a very important number: costs of goods sold. Cost of appurtenances sold, or COGS, …

Read More »## How to Calculate Missing Amounts on Balance Sheet

How to Calculate Missing Amounts on Balance Sheet Residue Sheet Formula(Table of Contents) Balance Sheet Formula Examples of Residual Sail Formula (With Excel Template) Balance Sheet Formula Calculator Balance Canvas Formula The balance canvass formula is the accounting equation and information technology is the fundamental and most basic part of …

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