Homework Answers
Equity Multiplier = Average Total assets / Average Shareholders Equity
Average total assets = (6665+6900)/2 = 6872.5
Average Shareholders Equity = [ (3300+910) + (3110+1160) ] /2 = 4240
Equity Multiplier = 6872.5 / 4240 = 1.62087
Add Answer to:
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands)...
Use the following information to answer this question Bayside, Inc. 2017 Income Statement ($ in thousands)...
Use the following information to answer this question Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $5,790 4,150 325 $1,315 27 $1,288 386 $ 902 Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 2016 Cash Accounts rec. Inventory Total Net fixed assets Total assets 2017 $1,385 $1,335 540 3,190 3,210 810 1,060 $80 $ 185 Accounts payable...
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands)...
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $6,170 4,440 380 $1,350 38 $1,312 459 $ 853 Cash Accounts rec. Inventory Total Net fixed assets Total assets Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 $ 130 S 235 Accounts payable 1,070 912 Long-term debt 1,745 2,108 Common stock...
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands)...
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $6,220 4,540 390 $1,290 42 $1,248 437 $ 811 Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 2017 $1,685 $1,735 670 3,360 3,340 940 1,190 2016 Cash Accounts rec. Inventory Total Net fixed assets Total assets $ 140 $ 245 Accounts...
What is the return on equity for 2017? the following information to answer this question. Bayside,...
What is the return on equity for 2017?
the following information to answer this question. Bayside, Ind. 2017 Income Statement ( in thousands) $6,190 4,650 445 et sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $1,095 40 $1,055 317 $ 738 Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 $1,805$1,825 900700 3,420 3,370 970 1,220 2016 2017 s 160 265 Accounts payable Cash Accounts rec Inventory...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions)...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $10,300 8,100 425 $ 1,775 106 $ 1,669 584 $ 1,085 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 300 $ 330 Accounts payable 1,170 1,070 Long-term debt 1,840 1,800...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions)...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 9200 Cost of goods sold 7390 Depreciation 305 Earnings before interest and taxes $ 1505 Interest paid 87 Taxable income $ 1418 Taxes 425 Net income $ 993 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $ 240 $ 255 Accounts payable $ 1380 $ 1315 Accounts rec. 1020 730 Long-term debt 1130 1400...
please help Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($...
please help
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net Income $9, 780 8,040 480 $1,260 116 $1,144 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 280 S 310 Accounts payable 1,100 1,000 Long-term debt 1,970 1,760 Common stock...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement (S in millions)...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement (S in millions) $10,060 8,240 500 $1,320 124 1,196 Net sales Cost of goods sold Depreciation Eniglst and taxes Interest paid Taxable income Taxes Net income Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 51750?035 1210 1.355 3,560 3,110 700 950 2016 2017 S 320 350 Accounts payable Cash Accounts rec Inventory Total Net fixed assets Total assets 1,180 1,080 Long-term debt 2,090...
Use the following information to answer this question Windswept, Inc. 2017 Income Statement ($ in millions)...
Use the following information to answer this question Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods Sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $8,600 7,290 400 $ 910 80 $ 830 291 $539 Windswept, Inc. 2016 and 2017 Balance Sheets (ş in millions) 2017 2016 $ 140 $ 175 Accounts payable 2017 $1,150 $1,205 990 1,255 3,190 2,890 700 2016 Cash Accounts rec. Inventory Total Net fixed assets...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions)...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 10,500 Cost of goods sold 8,200 Depreciation 495 Earnings before interest and taxes $ 1,805 Interest paid 110 Taxable income $ 1,695 Taxes 593 Net income $ 1,102 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $ 330 $ 365 Accounts payable $ 1,760 $ 2,030 Accounts rec. 1,210 1,110 Long-term debt 1,120...
Use the following information to answer this question Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $5,790 4,150 325 $1,315 27 $1,288 386 $ 902 Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 2016 Cash Accounts rec. Inventory Total Net fixed assets Total assets 2017 $1,385 $1,335 540 3,190 3,210 810 1,060 $80 $ 185 Accounts payable...
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $6,170 4,440 380 $1,350 38 $1,312 459 $ 853 Cash Accounts rec. Inventory Total Net fixed assets Total assets Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 $ 130 S 235 Accounts payable 1,070 912 Long-term debt 1,745 2,108 Common stock...
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $6,220 4,540 390 $1,290 42 $1,248 437 $ 811 Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 2017 $1,685 $1,735 670 3,360 3,340 940 1,190 2016 Cash Accounts rec. Inventory Total Net fixed assets Total assets $ 140 $ 245 Accounts...
What is the return on equity for 2017?
the following information to answer this question. Bayside, Ind. 2017 Income Statement ( in thousands) $6,190 4,650 445 et sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $1,095 40 $1,055 317 $ 738 Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 $1,805$1,825 900700 3,420 3,370 970 1,220 2016 2017 s 160 265 Accounts payable Cash Accounts rec Inventory...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $10,300 8,100 425 $ 1,775 106 $ 1,669 584 $ 1,085 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 300 $ 330 Accounts payable 1,170 1,070 Long-term debt 1,840 1,800...
please help
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net Income $9, 780 8,040 480 $1,260 116 $1,144 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 280 S 310 Accounts payable 1,100 1,000 Long-term debt 1,970 1,760 Common stock...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement (S in millions) $10,060 8,240 500 $1,320 124 1,196 Net sales Cost of goods sold Depreciation Eniglst and taxes Interest paid Taxable income Taxes Net income Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 51750?035 1210 1.355 3,560 3,110 700 950 2016 2017 S 320 350 Accounts payable Cash Accounts rec Inventory Total Net fixed assets Total assets 1,180 1,080 Long-term debt 2,090...
Use the following information to answer this question Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods Sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $8,600 7,290 400 $ 910 80 $ 830 291 $539 Windswept, Inc. 2016 and 2017 Balance Sheets (ş in millions) 2017 2016 $ 140 $ 175 Accounts payable 2017 $1,150 $1,205 990 1,255 3,190 2,890 700 2016 Cash Accounts rec. Inventory Total Net fixed assets...
Most questions answered within 3 hours.
-
Let X be a continuous random variable whose PDF is Let X be a
continuous random...
asked 1 minute ago -
Martinez Company’s relevant range of production is 7,500 units
to 12,500 units. When it produces and...
asked 50 seconds from now -
A football with a mass of 1.2 kg is kicked from ground level to
a height...
asked 4 minutes ago -
Remember: Changes in supply determinants shift supply, and
changes in demand determinants shift demand. We say...
asked 3 minutes ago -
Why is the answer b), for this question? I came up with C) for
my incorrect...
asked 9 minutes ago -
Suppose that you know that in the population of full-time
employees in the United States, the...
asked 31 minutes ago -
This experiment was designed originally to sample various meat and carcass quality
aspects of Ontario pigs...
asked 31 minutes ago -
Dopamine Hydrochloride: draw the structure And Show the
functional groups in different colors and label the...
asked 24 minutes ago -
A rope supports a 10 kg dumbbell hanging from it. What is the
tension in the...
asked 23 minutes ago -
) Raw materials are studied for contamination. Suppose that
the number of particles of contamination per...
asked 46 minutes ago -
After running a regression analysis we calculated an F test and
the significance level was 0.15....
asked 41 minutes ago -
----Can someone please help me solve this one using JAVA
----I thank you in advance
Create...
asked 46 minutes ago