Tardis, Inc. has total current assets of $800,000; total current liabilities of $450,000; long-term assets of $300,000; and long-term debt of $200,000. How much is Tardis’s total equity? Format your answer with no $ symbols or commas
Ans 450000
Tardis’s total equity = Current Assets + Long Term Assets - Long Term Debt - Current Liabilities
= 800000 + 300000 - 200000 - 450000
= 450000
Tardis, Inc. has total current assets of $800,000; total current liabilities of $450,000; long-term assets of...
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Calculate the current ratio, quick ratio, long-term debt/total
assets, times interest earned, and fixed cost coverage using the
picture below.
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ANSWER MUST BE IN EXCEL FORMULA FORMAT
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