What amount does company report for current assets

Assignment Help Accounting Basics

Reference no: EM132885995

Question 1. Is the size of your firm increasing? Determine your answer by calculating the percentage change in total assets and percentage change in net sales for the most recent year. (Calculation = (current yr-previous yr)/previous yr.)

Question 2. Is the profitability of your firm increasing? Determine your answer by calculating the percentage change in net income for the most recent year. (Calculation = (current yr-previous yr)/previous yr.)

Question 3. For the most recent year, what amount does your company report for current assets? What assets are listed as current assets? What is the ratio of current assets to total assets (current assets/ total assets)?

Question 4. For the most recent year, what amount does your company report for current liabilities? What liabilities are listed as current liabilities? What is the ratio of current liabilities to total liabilities (current liabilities/total liabilities)?

Attachment:- Total asset.zip

Reference no: EM132885995

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