Assignment: GEN3005

Due date: Thursday 29/12/2022

submit in your tutorial during this week
Question 1:

Note: Show your calculations in details

Question 2:

Swell company
Balance sheet
December 31, 2010

Assets Liabilities & Owners’ equity

Liabilities

Cash Notes payable

Accounts receivable Accounts payable
Equipment Total liabilities
Land Owners’ equity
Building Capital stock
Retained earnings

Total assets Total liabilities &

Owners’ equity
Question 3:

All sales were made on account. Cash dividends declared during the year totaled $58,550.
Compute the following:
Calculate each of the following:
1. Average accounts receivable turnover
2. Average inventory turnover
3. Earnings per share of capital stock
4. Working Capital
5. Current ratio
6. Quick ratio
7. Debt ratio
8. Operating cycle
9. Return on assets
10. Return on common stockholders’ equity