ADM 1340 Chapter Notes - Chapter 2: John Wiley & Sons, Big Rock Brewery, George Trenholm

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ADM 1340 Full Course Notes
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ADM 1340 Full Course Notes
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Exercise 2-1 (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) (l) (m) (n) (o) (p) (q) * note that big rock brewery uses the term amortization rather than depreciation for its property, plant, and equipment. exercise 2-3. Accumulated depreciation buildings property, plant, and equipment. Problem 2-5a (continued) (b)the income statement reports the profit or loss for the period. This figure is then used in the statement of changes in equity, along with dividends and any issues (or repurchases) of shares to calculate the balances in common shares and retained earnings at the end of the period. 827: price-earnings ratio . 82 = 11. 1 times. With a current ratio of 3. 1:1, le ch teau is less liquid than h&m but both still have strong current ratios. In addition, their current ratios are both far better than the industry which stands at 2. 3:1. H&m is more solvent than le ch teau as evidenced by its lower debt to total assets ratio.

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