Answered>Order 5221
You are evaluating the firm’s financial performance based on the following data. Balance sheet items: Marketable securities=100 Non-operating long-term assets =200 Cash=100 Accounts receivable=1,000 Inventory=1,000 Operating long-term assets (net of depreciation) = 13,800 Accounts payable=880 Accrued taxes=200 Short-term debt=120 Long-term debt=5,000 (1,000 par value, 5 bonds) Equity=10,000 (10 book value per share, 1,000 shares) Market […]