Home / Expert Answers / Accounting / please-explain-step-by-step-for-each-part-thank-you-nbsp-2-nbsp-the-following-income-statement-pa952

(Solved): please explain step by step for each part.thank you  ----2  The following income statement ...



please explain step by step for each part.thank you  

The following income statement and balance sheets for Virtual Gaming Systems are provided.
Required:
Assuming that all sales were on account. calculate the following risk ratios for 2024 . (Use 365 days a year. Round
----


The following income statement and balance sheets for Virtual Gaming Systems are provided.

Earnings per share for the year ended December \( 31.2024 \). ate 5140 . The closing stock pice on December 31,2024 , is 5283
The following income statement and balance sheets for Virtual Gaming Systems are provided. Required: Assuming that all sales were on account. calculate the following risk ratios for 2024 . (Use 365 days a year. Round your final answers to 1 decimal place.) The following income statement and balance sheets for Virtual Gaming Systems are provided. Earnings per share for the year ended December \( 31.2024 \). ate 5140 . The closing stock pice on December 31,2024 , is 52830 Required: Calculate the following profitability ratios for 2024 . (Round your answers to 1 decimel place.)


We have an Answer from Expert

View Expert Answer

Expert Answer


1) Receivable Turnover ratio Receivable Turnover ratio=Net Sales / Average Accounts receivable=$3,086,00080,500=$38.34Times Average accounts receivabl
We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe