Microsoft Excel
Not what you're looking for?
Using Microsoft Excel perform the following:
Presented below is financial information related to Vi-Gro Corporation for the year 2002. Unless otherwise stated, all balances are ending balances.
Vi-Gro Corporation had 88,000 shares of common stock outstanding for the entire year. Its effective income tax rate for state and federal income taxes combined is 35 percent.
Instructions
(a) Prepare a multiple-step income statement.
(b) Prepare a single-step income statement.
(c) Prepare a retained earnings statement.
(d) Prepare a classified balance sheet.
(e) Compute the following balance sheet relationships:
(1) current ratio.
(2) the amount of working capital.
(3) debt to total assets ratio.
What insights do these relationships provide to the reader of the financial statements?
(Please see attachment for table)
Purchase this Solution
Purchase this Solution
Free BrainMass Quizzes
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Introduction to Finance
This quiz test introductory finance topics.
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.