Determine Each of the Following

question 100

Essay

Determine each of the following:
If your current ratio is 2 and your current assets are $600,000 what is the amount of your current liabilities?
If your debt to equity ratio is 1.5 and your total liabilities are $200,000 what is your total stockholders' equity?
If your return on sales is 8% and your net income is $2,000,000,how much sales did you generate during the year?

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Definitions:

Substantial Risk

A significant chance or danger of damage, harm, or adverse effects.

Felony

As a general rule, all crimes punishable by death or by imprisonment in a state prison.

Misdemeanor

Any crime that is punishable neither by death nor by imprisonment in a state prison.

Serious Crime

An act, typically involving violence, regarded by society as being particularly harmful or dangerous, and punishable by severe penalties including imprisonment.