ACCT 504 help A Guide to career/uophelp.com ACCT 504 help A Guide to career/uophelp.com | Page 25

Instructions:
(1) Create a classified balance sheet in good form for the year ended
2013. (30 points)
(2) Calculate the current ratio and debt ratio and explain your findings.
(6 points) (Points : 36)
Question 3—Set 2
(TCO H) Corporations in need of cash can either issue stock or bonds to
raise capital. What are the differences between these two activities and
why might a company choose one over the other? (Points : 20)
Q-3 Set 3
Question 4.4. (TCO A) The following items are taken from the financial
statements of BCT Company for 2013:
Instructions:
(1) Create a classified balance sheet in good form for the year ended
2013. (30 points)
(2) Calculate the current ratio and debt ratio and explain your findings.
(6 points) (Points : 36)
Question 4. (TCO B) The Caldor Company gathered the following
condensed data for the year ended December 31, 2014:
Instructions:
(1) Prepare a multiple-step income statement for the year ended
December 31, 2014. (30 points)
(2) Compute the gross margin percentage and net profit margin ratio.
Caldor Company’s assets at the beginning of the year were $900,000,
and the assets were $950,000 at the end of the year. To qualify for full
credit, you must state the formula you are using, show your
computations, and explain your findings. (6 points) (Points : 36)