Exercise 11.17 – Electronic Wonders
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition and 06th Edition
Calculate cash received and cash paid.
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Calculate cash received and cash paid.
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Calculate cash received and prepare summary journal entry.
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Calculate cash paid and prepare summary journal entry.
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Calculate cash paid and prepare summary journal entry.
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Prepare a vertical analysis of the data.
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Prepare a vertical analysis for two years using a base year.
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Prepare a vertical analysis of the balance sheet data and a horizontal analysis for the second year using the first year as the base year.
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Calculate the four risk ratios. Is the company more or less risky? Explain.
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Calculate the five profitability ratios. Is the company more or less profitable than the industry average?
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Calculate the risk ratios, receivable turnover ratio, inventory turnover ratio, current ratio, acid-test ratio, and debt to equity ratio.
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