Essay
The following data are taken from the financial statements of Rosen, Inc. as of the end of the year 2014. The data are in alphabetical order. Additional information: The average common shares outstanding during the year was 40,000.
Instructions
Compute the following:
(a) Current ratio. (c) Earnings per share.
(b) Working capital. (d) Debts to assets ratio.
Correct Answer:

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(a) Current ratio = Current assets ÷ Cur...View Answer
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