- The Following Are Financial Statements Of Ohara Company Oharacompany Income Statement For The Year Ended December 31 20 1 (17.97 KiB) Viewed 46 times
- The Following Are Financial Statements Of Ohara Company Oharacompany Income Statement For The Year Ended December 31 20 2 (17.69 KiB) Viewed 46 times
- The Following Are Financial Statements Of Ohara Company Oharacompany Income Statement For The Year Ended December 31 20 3 (17.94 KiB) Viewed 46 times
- The Following Are Financial Statements Of Ohara Company Oharacompany Income Statement For The Year Ended December 31 20 4 (20.78 KiB) Viewed 46 times
- The Following Are Financial Statements Of Ohara Company Oharacompany Income Statement For The Year Ended December 31 20 5 (20.96 KiB) Viewed 46 times
- The Following Are Financial Statements Of Ohara Company Oharacompany Income Statement For The Year Ended December 31 20 6 (20.85 KiB) Viewed 46 times
Assets OharaCompany Balance Sheet December 31, 2022 Current assets Cash Debt investments Accounts receivable (net) Inventory Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity. Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilies $60.100 84,000 169,800 145,000 458.900 575,300 $1,034.200 $160,000 35,500 195,500 200.000
Accounts receivable (net) Inventory Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 169,000 145,000 458.900 575,300 $1.004.200 $160,000 35.500 195.500 200.000 395.500 350,000 288.700 638,700 11.034.200 0/0.01 I
Your Answer Correct Answer (Used) Compute the following values and ratios for 2022. (We provide the results from 2021 for comparative purposes) (Round Current Ratio to 2 decimal plooms, es 15.25 and Debit to as atic to 1 decimal place, eg 78.9%) 1 2 3 Your answer is partially correct (b) Working capital. (2021: $160,500) Current ratio, (2021:1.65:1) Debt to assets ratio. (2021:31.0%) eTextbook and Media Solution 263400 2:35 38.7 11 Attemptic 5 of 5 used
(b) Solution Using your calculations, discuss changes from 2021 in liquidity During 2022, the company's current ratio The company's debt toastratio pread Using your calculations, discuss changes from 2021 in solvency eTextbook and Meda from 1651 to from 31.0% in 2021 to 2411 and its working capital % in 2022 indicating that the company is from $160.500$ Attempts 5 of 5 ind In 2022 Attempts 0 of 5 used
(b) Using your calculations, discuss changes from 2021 in liquidity 24 1 and its working capital increased Using your calculations, sous changes from 2021 in solvency The company's debt to assets ratio eTextbook and Media Save for Later 80 from $160.5000$ from 31.0% in 2021 to 20 Both measures indicate % in 2022 indicating that the company is 20 De DO Attempty 5 of 5 used in 2022 Attempts 0 of 5 used A