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The financial statements for Royale and Cavalier companies are summarlzed here: Royale Company Cavalier Сompany Balance...
The financial statements for Royale and Cavalier companies are summarized here: Royale Company Cavalier Company Balance...
The financial statements for Royale and Cavalier companies are summarized here: Royale Company Cavalier Company Balance Sheet Cash $ 17,000 $ 80,000 Accounts Receivable, Net 47,000 8,000 Inventory 94,000 9,000 Equipment, Net 534,000 144,000 Other Assets 132,000 38,000 Total Assets $ 824,000 $ 279,000 Current Liabilities $ 104,000 $ 21,000 Note Payable (long-term) 174,000 39,000 Common Stock (par $20) 472,000 202,000 Additional Paid-In Capital 42,000 9,000 Retained Earnings 32,000 8,000 Total Liabilities and Stockholders’ Equity $ 824,000 $ 279,000 Income...
Chapter 13 Homework (Algo) 0 The financial statements for Royale and Cavalier companies are summarized here:...
Chapter 13 Homework (Algo) 0 The financial statements for Royale and Cavalier companies are summarized here: Royale Company Cavalier Company Dont ebook Balance Sheet Cash Accounts Receivable, Net Inventory Equipment, Net Other Assets Total Assets Current Liabilities Note Payable long-tera) Common Stock (par 520) Additional Paiden Capital Retained Tarnings Total Liabilities and Stockholders' Equity Income Statement Sales avenue Cost of Goods sold Other Expenses Net Income Other Data Por ahore price at end of year Selected Data from previous Year...
Summary information from the financial statements of two companies competing in the same industry follows. ...
Summary information from the financial statements of two companies
competing in the same industry follows.
Barco
Company
Kyan
Company
Barco
Company
Kyan
Company
Data from the current year-end balance
sheets
Data from the current year’s income
statement
Assets
Sales
$
770,000
$
880,200
Cash
$
19,500
$
34,000
Cost of goods sold
585,100
632,500
Accounts receivable, net
46,500
64,600
Interest expense
7,900
13,000
Merchandise inventory
84,440
132,500
Income tax expense
14,800
24,300
Prepaid expenses
5,000
6,950
Net income
162,200...
Barco Куan Сompany Barco Куan Сompany Сompany Сопрany Data from the current year-end balance sheets Assets Data from th...
Barco Куan Сompany Barco Куan Сompany Сompany Сопрany Data from the current year-end balance sheets Assets Data from the current year's income statement Sales $790,000 $901,200 591 100 19,000 35,000 37,400 84,340 5,800 320,000 305,400 Cash Cost of goods sold Interest expense Income tax expense Net income 640,500 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 54,400 134,500 7,600 8,500 15 185 175,215 $.48 16,000 24,879 219,821 Basic earnings per share 5.09 $466,540 $536,900 Total assets Cash dividends...
Summary information from the financial statements of two companies competing in the same industry follows. ...
Summary information from the financial statements of two companies competing in the same industry follows. Barco Company Kyan Company Barco Company Kyan Company Data from the current year-end balance sheets Data from the current year’s income statement Assets Sales $ 770,000 $ 880,200 Cash $ 19,500 $ 34,000 Cost of goods sold 585,100 632,500 Accounts receivable, net 46,500 64,600 Interest expense 7,900 13,000 Merchandise inventory 84,440 132,500 Income tax expense 14,800 24,300 Prepaid expenses 5,000 6,950 Net income 162,200...
Thor Company Gunnar Company Balance Sheet Cash $ 36,000 $ 33,000 Accounts Receivable, Net 78,000 29,000...
Thor
Company
Gunnar
Company
Balance Sheet
Cash
$
36,000
$
33,000
Accounts Receivable, Net
78,000
29,000
Inventory
156,000
32,000
Equipment, Net
772,000
194,000
Other Assets
197,000
69,400
Total Assets
$
1,239,000
$
357,400
Current Liabilities
$
170,000
$
20,000
Note Payable (long-term) (12% interest rate)
268,000
68,000
Common Stock (par $20)
673,000
253,000
Additional Paid-in Capital
71,000
5,800
Retained Earnings
57,000
10,600
Total Liabilities and Stockholders’ Equity
$
1,239,000
$
357,400
Income Statement
Sales Revenue
$
1,123,000
$
339,000
Cost...
Unit 10 - Financial Statement Analysis Following is a comparative balance sheet for Summer Days Corporation:...
Unit 10 - Financial Statement Analysis Following is a comparative balance sheet for Summer Days Corporation: Summer Days Corporation Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Current assets: Cash $ 150,000 $ 90,000 Short-term investments 90,000 80,000 Accounts receivable, net 350,000 220,000 Inventory 400,000 430,000 Prepaid expenses 30,000 30,000 Total current assets $1,020,000 $ 850,000 Property, plant, and equipment, net 750,000 500,000 Other assets 280,000 300,000 Total assets $2,050,000 $1,650,000 Current liabilities: Short-term notes payable $650,000 $670,000...
Summary information from the financial statements of two companies competing in the same industry follows. Cash...
Summary information from the financial statements of two companies competing in the same industry follows. Cash Barco Kyan Barco Kyan Company Company Company Company Data from the current year end balance sheets Data from the current year's income statesent $770,000 $880, 200 $ 19,500 $ 34,000 Cost of goods sold 585,100 532.500 Accounts receivable. net 37.400 57.400 Interest expense 7,900 13.000 Current notes receivable (trade) 9, 100 7,200 Income tax expense 14,800 24.300 Merchandise inventory 34,449 132.500 Net Income 162,200...
Summary information from the financial statements of two companies competing in the same industry follows. Problem...
Summary information from the financial statements of two companies competing in the same industry follows. Problem 13-5A Comparative ratio analysis A1P3 T Barco Company Kyan Company Barco Сотрату Kyan Сотрату Sales Data from the current year-end balance sheets Assets Cash ... $19,500 Accounts receivable, net 37.400 Current notes receivable (trade).... 9.100 Merchandise inventory.......... 84.440 Prepaid expenses 5.000 Plant assets, net... 290,000 Total assets.. $445,440 $ 34,000 57.400 7.200 132.500 6.950 304,400 $542.450 Data from the current year's income statement $770,000...
Financial statements for Zachary Company follow. ZACHARY COMPANY Balance Sheets As of December 31 Year 4 Year 3 Asse...
Financial statements for Zachary Company follow. ZACHARY COMPANY Balance Sheets As of December 31 Year 4 Year 3 Assets Current assets Cash 25,500 $21,500 Marketable securities 21,900 7,900 Accounts receivable (net) Inventories 60,000 52,000 145,000 29,000 153,000 14,000 Prepaid items Total current assets 281,400 22,000 248,400 15,000 Investments Plant (net) 260,000 245,000 Land 29,000 24,000 $592,400 $532,400 Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities $ 39,200 $ 10,800 Notes payable Accounts payable Salaries payable 73,800 60,000 22,000 16,000...
Chapter 13 Homework (Algo) 0 The financial statements for Royale and Cavalier companies are summarized here: Royale Company Cavalier Company Dont ebook Balance Sheet Cash Accounts Receivable, Net Inventory Equipment, Net Other Assets Total Assets Current Liabilities Note Payable long-tera) Common Stock (par 520) Additional Paiden Capital Retained Tarnings Total Liabilities and Stockholders' Equity Income Statement Sales avenue Cost of Goods sold Other Expenses Net Income Other Data Por ahore price at end of year Selected Data from previous Year...
Summary information from the financial statements of two companies
competing in the same industry follows.
Barco
Company
Kyan
Company
Barco
Company
Kyan
Company
Data from the current year-end balance
sheets
Data from the current year’s income
statement
Assets
Sales
$
770,000
$
880,200
Cash
$
19,500
$
34,000
Cost of goods sold
585,100
632,500
Accounts receivable, net
46,500
64,600
Interest expense
7,900
13,000
Merchandise inventory
84,440
132,500
Income tax expense
14,800
24,300
Prepaid expenses
5,000
6,950
Net income
162,200...
Barco Куan Сompany Barco Куan Сompany Сompany Сопрany Data from the current year-end balance sheets Assets Data from the current year's income statement Sales $790,000 $901,200 591 100 19,000 35,000 37,400 84,340 5,800 320,000 305,400 Cash Cost of goods sold Interest expense Income tax expense Net income 640,500 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 54,400 134,500 7,600 8,500 15 185 175,215 $.48 16,000 24,879 219,821 Basic earnings per share 5.09 $466,540 $536,900 Total assets Cash dividends...
Thor
Company
Gunnar
Company
Balance Sheet
Cash
$
36,000
$
33,000
Accounts Receivable, Net
78,000
29,000
Inventory
156,000
32,000
Equipment, Net
772,000
194,000
Other Assets
197,000
69,400
Total Assets
$
1,239,000
$
357,400
Current Liabilities
$
170,000
$
20,000
Note Payable (long-term) (12% interest rate)
268,000
68,000
Common Stock (par $20)
673,000
253,000
Additional Paid-in Capital
71,000
5,800
Retained Earnings
57,000
10,600
Total Liabilities and Stockholders’ Equity
$
1,239,000
$
357,400
Income Statement
Sales Revenue
$
1,123,000
$
339,000
Cost...
Summary information from the financial statements of two companies competing in the same industry follows. Cash Barco Kyan Barco Kyan Company Company Company Company Data from the current year end balance sheets Data from the current year's income statesent $770,000 $880, 200 $ 19,500 $ 34,000 Cost of goods sold 585,100 532.500 Accounts receivable. net 37.400 57.400 Interest expense 7,900 13.000 Current notes receivable (trade) 9, 100 7,200 Income tax expense 14,800 24.300 Merchandise inventory 34,449 132.500 Net Income 162,200...
Summary information from the financial statements of two companies competing in the same industry follows. Problem 13-5A Comparative ratio analysis A1P3 T Barco Company Kyan Company Barco Сотрату Kyan Сотрату Sales Data from the current year-end balance sheets Assets Cash ... $19,500 Accounts receivable, net 37.400 Current notes receivable (trade).... 9.100 Merchandise inventory.......... 84.440 Prepaid expenses 5.000 Plant assets, net... 290,000 Total assets.. $445,440 $ 34,000 57.400 7.200 132.500 6.950 304,400 $542.450 Data from the current year's income statement $770,000...
Financial statements for Zachary Company follow. ZACHARY COMPANY Balance Sheets As of December 31 Year 4 Year 3 Assets Current assets Cash 25,500 $21,500 Marketable securities 21,900 7,900 Accounts receivable (net) Inventories 60,000 52,000 145,000 29,000 153,000 14,000 Prepaid items Total current assets 281,400 22,000 248,400 15,000 Investments Plant (net) 260,000 245,000 Land 29,000 24,000 $592,400 $532,400 Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities $ 39,200 $ 10,800 Notes payable Accounts payable Salaries payable 73,800 60,000 22,000 16,000...
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