Question

What information from the list below can I get from the Balance Sheet? to. Liquidity and...

What information from the list below can I get from the Balance Sheet?
to.
Liquidity and solvency of the business
b.
Earnings in a given period
c.
Percentage of food cost
d.
Beverage cost percentage
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Answer #1

Answer:Liquidity and solvency of the business

The balance sheet contains items such as current assets ,current liabilities that can be used in the computation of liquidity ratios like current ratio.It also contains items like debt and equity that can be used to compute solvency ratios like debt to equity ratio.

Other options explained

Earnings in a given period

False.Indicated in the income statement

Percentage of food cost

False.Not indicated in the balance sheet the inputs required for it's computation which is shown in income statement

Beverage cost percentage

False.Not indicated in the balance sheet, connected to sales which is shown in income statement.

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