Accounting: What the Numbers Mean 11th Edition by Wayne McManus,Daniel Viele,David Marshall

Exercise 11

Analytical case-complete an income statement and balance sheet using financial ratio data Partially completed financial statements for Whittaker, Inc., follow:


Required:
a. Complete the income statement and balance sheet for Whittaker, Inc. Show how each amount was determined.
b. After completing part a, use your answers to recompute each of the financial ratios provided as additional information.