Accounting essay
In the digital age, academic demands can be overwhelming, especially for nursing students who must juggle practical experiences, coursework, and exams. In such circumstances, seeking assistance from reliable online platforms becomes a viable option. One such platform that stands out is thenursingtermpaper.com. Thenursingtermpaper.com boasts of a team of qualified writers who specialize in nursing and related fields. This specialization ensures that the writers possess an in-depth understanding of nursing concepts, practices, and the latest developments in the field. Consequently, students can trust that their homework and term papers will be handled by experts with a profound knowledge of the subject matter.
Income Taxes Payable |
$471 |
Short-term Investments and Marketable Securities |
8,109 |
Cash |
8,442 |
Other non-current Liabilities |
10,449 |
Common Stock |
1,760 |
Receivables |
4,812 |
Other Current Assets |
2,973 |
Long-term Investments |
10,448 |
Other Non-current Assets |
3,585 |
Property, Plant and Equipment |
23,486 |
Trademarks |
6,527 |
Other Intangible Assets |
20,810 |
Allowance for Doubtful Accounts |
53 |
Accumulated Depreciation |
9,010 |
Accounts Payable |
8,680 |
Short Term Notes Payable |
17,874 |
Prepaid Expenses |
2,781 |
Other Current Liabilities |
796 |
Long-Term Liabilities |
14,736 |
Paid-in-Capital in Excess of Par Value |
11,379 |
Retained Earnings |
55,038 |
Inventories |
3,264 |
Treasury Stock |
35,009 |
Other information taken from the Annual Report:
Sales Revenue for 2012 |
$48,017 |
Cost of Goods Sold for 2012 |
19,053 |
Net Income for 2012 |
9,019 |
Inventory Balance on 12/31/11 |
3,092 |
Net Accounts Receivable Balance on 12/31/11 |
4,920 |
Total Assets on 12/31/11 |
79,974 |
Equity Balance on 12/31/11 |
31,921 |
Required:
1. Using the information provided prepare a Balance Sheet. Separate the current assets from non-current assets and provide a total for each. Also separate the current liabilities from the non-current liabilities and provide a total for each.
2. Using the Balance Sheet from your answer above calculate; Current Ratio, Days in Inventory, Average Collection Period, Return on Assets Ratio, Debt to Total Assets and Return on common stockholders’ equity ratio. (Make sure to show all your work)
Thenursingtermpaper.com offers custom writing services, allowing students to provide specific instructions for their term papers. This ensures that each paper is tailored to the individual’s requirements, and it reflects the student’s unique perspective on the given topic. Moreover, thenursingtermpaper.com places a high emphasis on originality, guaranteeing that all delivered work is plagiarism-free. Meeting academic deadlines is paramount for students’ success. Understanding this, thenursingtermpaper.com prides itself on delivering papers promptly. By placing an order with this platform, students can have peace of mind, knowing that their term papers will be completed within the stipulated timeframe.