SlideShare a Scribd company logo
DO ITI 14.3 (LO 3), AP The condensed financial statements of Murawski Company for the
years 2021 and 2022 are presented as follows. (Amounts in thousands.)
Compute the following ratios for 2022 and 2021. a. Current ratio. b. Inventory turnover.
(Inventory on 12/31/20 was $340.) c. Profit margin. d. Return on assets. (Assets on 12/31/20
were $1,900.) e. Return on common stockholders' equity. (Stockholders' equity-common on
12/31/20 was $900.) f. Debt to assets ratio. g. Times interest earned.

More Related Content

More from alexleather

Drag and drop the terms associated with hemostasis to match their bes.pdf
 Drag and drop the terms associated with hemostasis to match their bes.pdf Drag and drop the terms associated with hemostasis to match their bes.pdf
Drag and drop the terms associated with hemostasis to match their bes.pdf
alexleather
 
Dynamics inventory, purchases, and sales for April follow. The compa.pdf
 Dynamics inventory, purchases, and sales for April follow. The compa.pdf Dynamics inventory, purchases, and sales for April follow. The compa.pdf
Dynamics inventory, purchases, and sales for April follow. The compa.pdf
alexleather
 
Due to a recession, expected inflation this year is only 2.75. Howev.pdf
 Due to a recession, expected inflation this year is only 2.75. Howev.pdf Due to a recession, expected inflation this year is only 2.75. Howev.pdf
Due to a recession, expected inflation this year is only 2.75. Howev.pdf
alexleather
 
Dr. Mike Douvas is opening a new sports dinic and is wondering how to.pdf
 Dr. Mike Douvas is opening a new sports dinic and is wondering how to.pdf Dr. Mike Douvas is opening a new sports dinic and is wondering how to.pdf
Dr. Mike Douvas is opening a new sports dinic and is wondering how to.pdf
alexleather
 
Does the Public Support Sin Taxes A survey of 1000 adults in the US .pdf
 Does the Public Support Sin Taxes A survey of 1000 adults in the US .pdf Does the Public Support Sin Taxes A survey of 1000 adults in the US .pdf
Does the Public Support Sin Taxes A survey of 1000 adults in the US .pdf
alexleather
 
Distinguish between mineralocorticoid and glucocorticoid hormones. Mi.pdf
 Distinguish between mineralocorticoid and glucocorticoid hormones. Mi.pdf Distinguish between mineralocorticoid and glucocorticoid hormones. Mi.pdf
Distinguish between mineralocorticoid and glucocorticoid hormones. Mi.pdf
alexleather
 
DO ITI 11.2 (LO 2), AP The standard cost of product 777 includes 2 un.pdf
 DO ITI 11.2 (LO 2), AP The standard cost of product 777 includes 2 un.pdf DO ITI 11.2 (LO 2), AP The standard cost of product 777 includes 2 un.pdf
DO ITI 11.2 (LO 2), AP The standard cost of product 777 includes 2 un.pdf
alexleather
 
Dexter Company uses the direct write-off method. Harch 11 Dexter dete.pdf
 Dexter Company uses the direct write-off method. Harch 11 Dexter dete.pdf Dexter Company uses the direct write-off method. Harch 11 Dexter dete.pdf
Dexter Company uses the direct write-off method. Harch 11 Dexter dete.pdf
alexleather
 
Do all of the partners in a limited partnership have joint and severa.pdf
 Do all of the partners in a limited partnership have joint and severa.pdf Do all of the partners in a limited partnership have joint and severa.pdf
Do all of the partners in a limited partnership have joint and severa.pdf
alexleather
 
Direct Materials Purchases Budget Lorenzos Frozen Pizza inc. has det.pdf
 Direct Materials Purchases Budget Lorenzos Frozen Pizza inc. has det.pdf Direct Materials Purchases Budget Lorenzos Frozen Pizza inc. has det.pdf
Direct Materials Purchases Budget Lorenzos Frozen Pizza inc. has det.pdf
alexleather
 
dobinico meve ir 2007 ir s ralkd feube Dwith Asirer i Actinty teased .pdf
 dobinico meve ir 2007 ir s ralkd feube Dwith Asirer i Actinty teased .pdf dobinico meve ir 2007 ir s ralkd feube Dwith Asirer i Actinty teased .pdf
dobinico meve ir 2007 ir s ralkd feube Dwith Asirer i Actinty teased .pdf
alexleather
 
Discussion Question(s) After reading the assigned chapter provide so.pdf
 Discussion Question(s) After reading the assigned chapter provide so.pdf Discussion Question(s) After reading the assigned chapter provide so.pdf
Discussion Question(s) After reading the assigned chapter provide so.pdf
alexleather
 
Discuss why the pancreas, ovaries, testes, thymus gland, digestive or.pdf
 Discuss why the pancreas, ovaries, testes, thymus gland, digestive or.pdf Discuss why the pancreas, ovaries, testes, thymus gland, digestive or.pdf
Discuss why the pancreas, ovaries, testes, thymus gland, digestive or.pdf
alexleather
 
Do interest rates fluctuate in response to the Bank of Canadas actio.pdf
 Do interest rates fluctuate in response to the Bank of Canadas actio.pdf Do interest rates fluctuate in response to the Bank of Canadas actio.pdf
Do interest rates fluctuate in response to the Bank of Canadas actio.pdf
alexleather
 
Direct costs are defined as Expenditures directly associated with the.pdf
 Direct costs are defined as Expenditures directly associated with the.pdf Direct costs are defined as Expenditures directly associated with the.pdf
Direct costs are defined as Expenditures directly associated with the.pdf
alexleather
 
Directions Complete this chart by writing your answers in the correc.pdf
 Directions Complete this chart by writing your answers in the correc.pdf Directions Complete this chart by writing your answers in the correc.pdf
Directions Complete this chart by writing your answers in the correc.pdf
alexleather
 
Dinero ps 50,000 Hanly, capital(30) ps 4,000 .pdf
 Dinero ps 50,000  Hanly, capital(30) ps 4,000 .pdf Dinero ps 50,000  Hanly, capital(30) ps 4,000 .pdf
Dinero ps 50,000 Hanly, capital(30) ps 4,000 .pdf
alexleather
 
Determine which of the following statements are true and false. Insut.pdf
 Determine which of the following statements are true and false. Insut.pdf Determine which of the following statements are true and false. Insut.pdf
Determine which of the following statements are true and false. Insut.pdf
alexleather
 
Develop a three-period moving average forecast for April 2019 through.pdf
 Develop a three-period moving average forecast for April 2019 through.pdf Develop a three-period moving average forecast for April 2019 through.pdf
Develop a three-period moving average forecast for April 2019 through.pdf
alexleather
 
Determine whether each statement is true or false. Provide a brief ju.pdf
 Determine whether each statement is true or false. Provide a brief ju.pdf Determine whether each statement is true or false. Provide a brief ju.pdf
Determine whether each statement is true or false. Provide a brief ju.pdf
alexleather
 

More from alexleather (20)

Drag and drop the terms associated with hemostasis to match their bes.pdf
 Drag and drop the terms associated with hemostasis to match their bes.pdf Drag and drop the terms associated with hemostasis to match their bes.pdf
Drag and drop the terms associated with hemostasis to match their bes.pdf
 
Dynamics inventory, purchases, and sales for April follow. The compa.pdf
 Dynamics inventory, purchases, and sales for April follow. The compa.pdf Dynamics inventory, purchases, and sales for April follow. The compa.pdf
Dynamics inventory, purchases, and sales for April follow. The compa.pdf
 
Due to a recession, expected inflation this year is only 2.75. Howev.pdf
 Due to a recession, expected inflation this year is only 2.75. Howev.pdf Due to a recession, expected inflation this year is only 2.75. Howev.pdf
Due to a recession, expected inflation this year is only 2.75. Howev.pdf
 
Dr. Mike Douvas is opening a new sports dinic and is wondering how to.pdf
 Dr. Mike Douvas is opening a new sports dinic and is wondering how to.pdf Dr. Mike Douvas is opening a new sports dinic and is wondering how to.pdf
Dr. Mike Douvas is opening a new sports dinic and is wondering how to.pdf
 
Does the Public Support Sin Taxes A survey of 1000 adults in the US .pdf
 Does the Public Support Sin Taxes A survey of 1000 adults in the US .pdf Does the Public Support Sin Taxes A survey of 1000 adults in the US .pdf
Does the Public Support Sin Taxes A survey of 1000 adults in the US .pdf
 
Distinguish between mineralocorticoid and glucocorticoid hormones. Mi.pdf
 Distinguish between mineralocorticoid and glucocorticoid hormones. Mi.pdf Distinguish between mineralocorticoid and glucocorticoid hormones. Mi.pdf
Distinguish between mineralocorticoid and glucocorticoid hormones. Mi.pdf
 
DO ITI 11.2 (LO 2), AP The standard cost of product 777 includes 2 un.pdf
 DO ITI 11.2 (LO 2), AP The standard cost of product 777 includes 2 un.pdf DO ITI 11.2 (LO 2), AP The standard cost of product 777 includes 2 un.pdf
DO ITI 11.2 (LO 2), AP The standard cost of product 777 includes 2 un.pdf
 
Dexter Company uses the direct write-off method. Harch 11 Dexter dete.pdf
 Dexter Company uses the direct write-off method. Harch 11 Dexter dete.pdf Dexter Company uses the direct write-off method. Harch 11 Dexter dete.pdf
Dexter Company uses the direct write-off method. Harch 11 Dexter dete.pdf
 
Do all of the partners in a limited partnership have joint and severa.pdf
 Do all of the partners in a limited partnership have joint and severa.pdf Do all of the partners in a limited partnership have joint and severa.pdf
Do all of the partners in a limited partnership have joint and severa.pdf
 
Direct Materials Purchases Budget Lorenzos Frozen Pizza inc. has det.pdf
 Direct Materials Purchases Budget Lorenzos Frozen Pizza inc. has det.pdf Direct Materials Purchases Budget Lorenzos Frozen Pizza inc. has det.pdf
Direct Materials Purchases Budget Lorenzos Frozen Pizza inc. has det.pdf
 
dobinico meve ir 2007 ir s ralkd feube Dwith Asirer i Actinty teased .pdf
 dobinico meve ir 2007 ir s ralkd feube Dwith Asirer i Actinty teased .pdf dobinico meve ir 2007 ir s ralkd feube Dwith Asirer i Actinty teased .pdf
dobinico meve ir 2007 ir s ralkd feube Dwith Asirer i Actinty teased .pdf
 
Discussion Question(s) After reading the assigned chapter provide so.pdf
 Discussion Question(s) After reading the assigned chapter provide so.pdf Discussion Question(s) After reading the assigned chapter provide so.pdf
Discussion Question(s) After reading the assigned chapter provide so.pdf
 
Discuss why the pancreas, ovaries, testes, thymus gland, digestive or.pdf
 Discuss why the pancreas, ovaries, testes, thymus gland, digestive or.pdf Discuss why the pancreas, ovaries, testes, thymus gland, digestive or.pdf
Discuss why the pancreas, ovaries, testes, thymus gland, digestive or.pdf
 
Do interest rates fluctuate in response to the Bank of Canadas actio.pdf
 Do interest rates fluctuate in response to the Bank of Canadas actio.pdf Do interest rates fluctuate in response to the Bank of Canadas actio.pdf
Do interest rates fluctuate in response to the Bank of Canadas actio.pdf
 
Direct costs are defined as Expenditures directly associated with the.pdf
 Direct costs are defined as Expenditures directly associated with the.pdf Direct costs are defined as Expenditures directly associated with the.pdf
Direct costs are defined as Expenditures directly associated with the.pdf
 
Directions Complete this chart by writing your answers in the correc.pdf
 Directions Complete this chart by writing your answers in the correc.pdf Directions Complete this chart by writing your answers in the correc.pdf
Directions Complete this chart by writing your answers in the correc.pdf
 
Dinero ps 50,000 Hanly, capital(30) ps 4,000 .pdf
 Dinero ps 50,000  Hanly, capital(30) ps 4,000 .pdf Dinero ps 50,000  Hanly, capital(30) ps 4,000 .pdf
Dinero ps 50,000 Hanly, capital(30) ps 4,000 .pdf
 
Determine which of the following statements are true and false. Insut.pdf
 Determine which of the following statements are true and false. Insut.pdf Determine which of the following statements are true and false. Insut.pdf
Determine which of the following statements are true and false. Insut.pdf
 
Develop a three-period moving average forecast for April 2019 through.pdf
 Develop a three-period moving average forecast for April 2019 through.pdf Develop a three-period moving average forecast for April 2019 through.pdf
Develop a three-period moving average forecast for April 2019 through.pdf
 
Determine whether each statement is true or false. Provide a brief ju.pdf
 Determine whether each statement is true or false. Provide a brief ju.pdf Determine whether each statement is true or false. Provide a brief ju.pdf
Determine whether each statement is true or false. Provide a brief ju.pdf
 

Recently uploaded

Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Akanksha trivedi rama nursing college kanpur.
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
Celine George
 
1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx
JosvitaDsouza2
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Dr. Vinod Kumar Kanvaria
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
Academy of Science of South Africa
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
TechSoup
 
JEE1_This_section_contains_FOUR_ questions
JEE1_This_section_contains_FOUR_ questionsJEE1_This_section_contains_FOUR_ questions
JEE1_This_section_contains_FOUR_ questions
ShivajiThube2
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
tarandeep35
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
Israel Genealogy Research Association
 
Multithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race conditionMultithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race condition
Mohammed Sikander
 
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdfMASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
goswamiyash170123
 
Unit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdfUnit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdf
Thiyagu K
 
The Diamond Necklace by Guy De Maupassant.pptx
The Diamond Necklace by Guy De Maupassant.pptxThe Diamond Necklace by Guy De Maupassant.pptx
The Diamond Necklace by Guy De Maupassant.pptx
DhatriParmar
 
Best Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDABest Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDA
deeptiverma2406
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
TechSoup
 
How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...
Jisc
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
Jisc
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
Nguyen Thanh Tu Collection
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
Balvir Singh
 

Recently uploaded (20)

Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
 
Model Attribute Check Company Auto Property
Model Attribute  Check Company Auto PropertyModel Attribute  Check Company Auto Property
Model Attribute Check Company Auto Property
 
1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
 
JEE1_This_section_contains_FOUR_ questions
JEE1_This_section_contains_FOUR_ questionsJEE1_This_section_contains_FOUR_ questions
JEE1_This_section_contains_FOUR_ questions
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
 
Multithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race conditionMultithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race condition
 
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdfMASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
 
Unit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdfUnit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdf
 
The Diamond Necklace by Guy De Maupassant.pptx
The Diamond Necklace by Guy De Maupassant.pptxThe Diamond Necklace by Guy De Maupassant.pptx
The Diamond Necklace by Guy De Maupassant.pptx
 
Best Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDABest Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDA
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
 
How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
 

DO ITI 14.3 (LO 3), AP The condensed financial statements of Murawski.pdf

  • 1. DO ITI 14.3 (LO 3), AP The condensed financial statements of Murawski Company for the years 2021 and 2022 are presented as follows. (Amounts in thousands.) Compute the following ratios for 2022 and 2021. a. Current ratio. b. Inventory turnover. (Inventory on 12/31/20 was $340.) c. Profit margin. d. Return on assets. (Assets on 12/31/20 were $1,900.) e. Return on common stockholders' equity. (Stockholders' equity-common on 12/31/20 was $900.) f. Debt to assets ratio. g. Times interest earned.