Which type of ratio is best suited for an outside potential investor?Show the equations for each of your ratios, and explain why you chose them.
Balance Sheet Assets: Cash 101,800 Accounts Receivable 20,000 PP In 1,100 Supplies 2,600 Equipment 55,000 Accumulated Depreciation (500) Total Assets 180,000 Liabilities and Stockholders’ Equity Liabilities: Accounts Payable 8,000 Salaries Payable 3,000 Total Liabilities 11,000 Stockholders’ Equity: Common Stock 150,000 Retained Earnings 19,000 Total Stockholders’ Equity 169,000 Total Liabilities and Stockholders’ Equity 180,000 Perform 2 […]