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Finance Assignment | Top Essay Writing

Balance    Sheet (A-H)

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Petty Cash       Number of bills            Denomination

180                            1

210                            5

280                           20

 

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Checking Account    984,050

Accounts Receivable Customer         Amount

Sam            24,000

Shane         42,000

Sal           49,000

Sep            82,000

Scott            81,000

Inventory        Type    Quantity          Cost

Big           140            170

Medium      180           114

Small    1,000            133

PP&E           Cost       Accumulated Depreciation

2,575,000       153,000

Patents            Name   Cost

#1     16,400

#2     20,400

Accounts Payable       Supplier          Amount

X Incorp.         203,000

Y Incorp.         333,000

Z Incorp.        118,000

Accrued Vacation Pay    14,000

Long Term Debt    209,000

Paid in Capital 78,000

Additional Paid in Capital 220,000

Retained Earnings                   3,480,000

Treasury                                  -750,000

Sales                           Quantity           Price

55,000            101

Net Profit Margin       16%

  1. What is Total Assets Turnover?

Between 0.00 and 1.00

B Between 1.00 and 2.00

C Between 2.00 and 3.00

D Between 3.00 and 4.00

E Between 4.00 and 5.00

F Between 5.00 and 6.00

G Between 6.00 and 8.00

H Between 8.00 and 11.00

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  1. What was the Return on Assets?

A Between 20.00% and 24.00%

B Between 24.00% and 28.00%

C Between 28.00% and 34.00%

D Between 34.00% and 39.00%

E Between 39.00% and 45.00%

F Between 45.00% and 51.00%

G Between 51.00% and 63.00%

H Between 63.00% and 75.00%. Get Finance homework help today

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