Question 4: What is the receivables turnover ratio as of December 31, Year 2? Question 5: What was Redwood ' s quick ratio? Question 6:
In JB Company ' s December 31, year five Balance Sheet, what amount should be reported as current assets?
Question 7:
In its June 30, 2004, balance sheet, what amount should Gold report as current assets?
Question 8:
In JB Company ' s December 31, year five Balance Sheet, what amount should be reported as total retained
earnings? Question 9:
In JB Company ' s December 31, Year five Balance Sheet, what amount should be reported as total assets?
Question 10:
At what amount should Mont’ s net assets be reported in the December 31, year 2 balance sheet?
Question 11: What is the current ratio as of December 31?