Total Liabilities and Stockholder Equity Assignment | Top Universities

Financial Statements Froadom Corperadon reported the following financial statemen

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ts EE(Click the icon to view the financial statements) share. What is Froedom's priceicamings ratio? (Round any intermediary calculations and your final answer to two decimal places. XXX1 the company has 2,300 shares of common stock outstanding and the market price is $10 Freedom Corporation Comparative Balance Sheet 4 $1.45 December 31, 2019 and 2018 B 5004 2019 201 c. 0.04 Assets 45 times Current Assets Cash and Cash Equivalents 2371 1,900 2085 Accounts Receivable 1912 Merchandise Inventory 1 102 1144 1.63 2.135 Prepaid Expenses Total Current Assets 7.436 T,135 Other Assets 25.671 5 22.750 Total Assets Liabilities Current Liabilities 7,159 S 8.392 ,74 2562 Lang-em Liabiliias 11,906 Total Liabilities 10,954 Stockholders' Equity Common Stock, no par 686 6 296 6.901 6.501 Retained Earnings 13.76. 11.790 local Sitockhoiders' Equate 22,75 25,671 Total Liabilities and Slockhoider Equity Print Done lick to select your answer Freedom Corporation reported the following financial statements: (Click the icon to view the financial statements.) Financial Statements The company has 2300 shares of common stock outstanding and the market price is $10 per share. What is Freedom's pricaleamings ratio? (Round any Intemaldary calculations and your final Liabilities Current Liability 8,392 7.159 S 2.562 O B. $0,04 O C. 0.04 O D. 145 times 4747 Long-term Liabilities Total Liabitias 1 SCe 10954 Stockholders Equity 6 PE Common Stock, no par 6296 6 SC 5,500 Retained Earrings 13,765 11,796 Total Stockholders Equity 25.671 22,750 Total Liabilities and Stockholders' Equity Freedom Corporation Income Statement Year Ended December 31, 2019, Net Sales Revenue 31,984 6,115 Cost of Goods Sold Gross Profit 25 Operating Expenses Operating Income 19 031 ore Income Texee 18815 2 980 x Expense Income 1.839 Net Income Print Done Click to select your answer. Get Accounting homework help today