The data below are based on the financial statements of JJ Sdn Bhd for the year ended 31 December 2018. Item Amount Accounts and Notes Payable 80000 Accounts receivable 150000 30000 Prepaid insurance Cash and cash equivalents 170000 Land, Buildings and Machines 840000 Sales 1900000 Long-term Loan 450000 Inventory 51000 Total Owners' Equity X Income Taxes 270000 Cost of Sales 600000 Selling and Admin Expenses 150000 Research Expenses 50000 Interest Expense 30000 Depreciation 47000
Calculate the following and interpret your calculated figures: (Hint: Prepare the Balance Sheet & Income Statement first) (i) The debt ratio 4 38 Format : 0.84() The quick ratio Format : (iii) The Current ratio Format : 3.07(iv) The total assets turnover ratio Format : 4.641) The net profit margin on sales ratio Format: 0.4. Get Accounting homework help today
Why Homework Market
We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.
We have hired a team of professional writers experienced in academic and business writing. Most of them are native speakers and PhD holders able to take care of any assignment you need help with.
If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account.
All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. We will always strive to deliver on time.
We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text.
Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Homework Market Writing Services
No need to work on essay at night. Sleep tight, we will cover your back. We offer all kinds of essay writing services.
Essays
No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.
Admissions
An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.
Editing
Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.
Research Paper
If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied.