Francial Statements For The Gerotron Maritturing Corporation For The Year 2020 And 2010 How Genetron Marine Corporation 1 (21.28 KiB) Viewed 22 times
Francial Statements For The Gerotron Maritturing Corporation For The Year 2020 And 2010 How Genetron Marine Corporation 2 (37.83 KiB) Viewed 22 times
Francial statements for the Gerotron Maritturing Corporation for the year 2020 and 2010 how Genetron Marine Corporation Balance Sheet 2020 2019 ASSETS 542293 $50,970 250.790 200.000 Aucts receivable Inventory Total current 503.591 Song: 203.475 702.540 Fedt 400.000 000.000 $1.208.675 $2002:54 Total LIABILITIES AND EQUITY 5172267 Acts payable 5132,621 Bank loan 90.901 Acerul 70.000 50.000 303.10 274522 Total currentbrities Long-term debt 12x 302.14 300.000 300.000 Common stock 510px Casual 45.212 45.212 Retiredning 130: 54 Total abilities & equity 5120365 $1.002.54 Genitron Manufacturing Corporation Income Statement 2020 2019 Net 55636.470 $143.470 Cost of goods sold 861282 Ger 454588 5745 Exp General and strative 150.000 550.000 150.000 Depreciation 50:29 2.29 Interest 56022 312 Earnings 201270 2070 Netcome $17,967 $146.077 ) Cute Garonis dollars of working capital har 2020 2030 Networking
a) Calculate Genatron's dollar amount of net working capital in each year, 2020 2019 Net working capital eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer (b) Calculate the current ratio and the acid-test ratio in each year. (Round answers to 2 decimal places, e.g. 52.75.) 2020 2019 Current ratio Acid-test ratio eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer (c) Calculate the average collection period and the inventory-turnover ratio in each year. (Use 365 days for calculation. Round Average collection period to 1 decimal place, e.g. 527.5 and other answers to 2 decimal places, e.s. 52.75.) 2020 2019 Average collection period days days Inventory turnover ratio
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