Homework Answers
| Ans. 1 | Return on assets = Net income / Average assets * 100 | ||
| $6,510 / $35,132.50 * 100 | |||
| 18.53% | |||
| *Average assets = (Beginning assets + Ending assets) / 2 | |||
| ($30,768 + $39,497) / 2 | |||
| $35,132.50 | |||
| Ans. 2 | Cash return on assets = Operating cash flows / Average assets * 100 | ||
| $9,315 / $35,132.50 * 100 | |||
| 26.51% | |||
| Ans. 3 | Cash flow to sales ratio = Operating cash flow / Net sales * 100 | ||
| $9,315 / $23,551 * 100 | |||
| 39.55% | |||
| Ans. 4 | Assets turnover = Sales / Average assets | ||
| $23,551 / $35,132.50 | |||
| 0.67 | times | ||
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Check my worl Zoogle has the following selected data ($ in millions): (Round your answers to...
Zoogle has the following selected data ($ in millions): (Round your answers to 2 decimal place....
Zoogle has the following selected data ($ in millions): (Round your answers to 2 decimal place. Enter your answers in millions (i.e. $10,110,000 should be entered as 10.11).) $22,851 6,440 9,308 23,768 Net sales Net income Operating cash flows Total assets, beginning Total assets, ending 32,497 Required: 1. Calculate the return on assets. ($ in millions) Return on Assets Zoogle 2. Calculate the cash return on assets. ($ in millions) Cash Return on Assets Zoogle 3. Calculate the cash flow...
99 Check my work Provide the missing data in the following table for a distributor of...
99 Check my work Provide the missing data in the following table for a distributor of martial arts products: (Enter "Turnover" and "ROI" answers to 1 decimal place.) points Alpha Charlie Skipped Division Bravo $ 266,000 $ 26,600 Sales $ 34,425 Net operating income Average operating assets Margin $ 414,000 5 % 4.0 9% eBook Turnover Return on investment (ROI) 20.0% 13.5 % Hint Ask Print References
1.2. Portions of the financial statements for Peach Computer are provided below. PEACH COMPUTER Income Statement...
1.2.
Portions of the financial statements for Peach Computer are provided below. PEACH COMPUTER Income Statement For the year ended December 31, 2021 Net sales $1,775,000 Expenses: Cost of goods sold $1,040,000 Operating expenses 550,000 Depreciation expense 49,000 Income tax expense 39,000 Total expenses 1,678,000 Net income $ 97,000 PEACH COMPUTER Selected Balance Sheet Data December 31 Increase (I) or Cash Accounts receivable Inventory Prepaid rent Accounts payable Income tax payable 2021 $ 101,000 46,100 74,000 2,900 44,000 4,900 2020...
Return on Assets Ratio and Asset Turnover Ratio United Systems reported the following financial data (in...
Return on Assets Ratio and Asset Turnover Ratio United Systems reported the following financial data (in millions) in its annual report: 2018 2019 Net Income $21,500 $16,134 Net Sales 49,540 52,250 Total Assets 68,734 78,128 If the company's total assets are $65,676 in 2017, calculate the company's: (a) return on assets (round answers to one decimal place - ex: 10.7%) (b) asset turnover for 2018 and 2019 (round answers to two decimal places) 2018 2019 a. Return on Assets Ratio...
Selected financial data for Bahama Bay and Caribbean Key are as follows: ($ in millions) 2.5...
Selected financial data for Bahama Bay and Caribbean Key are as follows: ($ in millions) 2.5 points Total assets Total liabilities Total stockholders' equity Bahama Bay 2021 2020 $9,603 $9,522 8,032 7,496 1,571 2,026 Caribbean Key 2021 2020 $ 8,803 $8,842 7,473 7,463 1,330 1,379 eBook Ask Sales revenue Interest expense Tax expense Net income $5,857 195 71 319 $12,829 153 345 352 Print References Required: 1-a. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for...
Check my work 1 Provide the missing data in the following table for a distributor of...
Check my work 1 Provide the missing data in the following table for a distributor of martial arts products: (Round "Turnover" and "ROI" answers to 1 decimal place.) Division points Alpha Bravo Charlie $ 302,500 Sales еВook $ 42, $ Net operating income 68,640 Hint 425,000 Average operating assets 13 % Margin Print 5.0 Turnover References Return on investment 35.0% 26.0 % |(ROI) 10 Check my work 2 Required information [The following information applies to the questions displayed below.] Part...
value: 2.00 points Problem 11-5A Calculate and analyze ratios (LO11-4) Cyberdyne Systems and Virtucon are competitors...
value: 2.00 points Problem 11-5A Calculate and analyze ratios (LO11-4) Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data is provided below: (Enter your answers in millions rounded to 1 decimal place. (.e., $5,500,000 should be entered as 5.5.)) ($ in millions) Net sales Net income Operating cash flows Total assets, beginning Total assets, ending Cyberdyne Virtucon $ 37,905 $ 4,984 9,737 1,049 14,5651,324 57,851 14,928 72,574 14,783 Required: 1. Calculate the return on assets...
Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Net...
Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year $65,357 $408,214 45,583 304,657 15,101 79,607 707 2,065 (94) (411) 1,384 7,139 $ 2.488 $ 14,335 Net income Current assets Noncurrent assets Total assets Current liabilities Balance Sheet Data (End of Year) $18.424 $48.331 26.109 122.375 $44,533...
4. 2.77 points Easter Egg and Poultry Company has $1,810,000 in assets and $692,000 of debt....
4. 2.77 points Easter Egg and Poultry Company has $1,810,000 in assets and $692,000 of debt. It reports net income of $161,000. a. What is the firm's return on assets? (Enter your answer as a percent rounded to 2 decimal places.) Return on asset b. What is its return on stockholders' equity? (Enter your answer as a percent rounded to 2 decimal places.) Return on equity % c. If the firm has an asset turnover ratio of 1.8 times, what...
Return on Assets Ratio and Asset Turnover Ratio United Systems reported the following financial data (in...
Return on Assets Ratio and Asset Turnover Ratio United Systems reported the following financial data (in millions) in its annual report: 2018 2019 Net Income $21,500 $16,134 Net Sales 49,540 52,250 Total Assets 68,734 78,128 If the company's total assets are $65,676 in 2017, calculate the company's: (a) return on assets (round answers to one decimal place - ex: 10.7%) (b) asset turnover for 2018 and 2019 (round answers to two decimal places) 2018 2019 0 % a. Return on...
Zoogle has the following selected data ($ in millions): (Round your answers to 2 decimal place. Enter your answers in millions (i.e. $10,110,000 should be entered as 10.11).) $22,851 6,440 9,308 23,768 Net sales Net income Operating cash flows Total assets, beginning Total assets, ending 32,497 Required: 1. Calculate the return on assets. ($ in millions) Return on Assets Zoogle 2. Calculate the cash return on assets. ($ in millions) Cash Return on Assets Zoogle 3. Calculate the cash flow...
99 Check my work Provide the missing data in the following table for a distributor of martial arts products: (Enter "Turnover" and "ROI" answers to 1 decimal place.) points Alpha Charlie Skipped Division Bravo $ 266,000 $ 26,600 Sales $ 34,425 Net operating income Average operating assets Margin $ 414,000 5 % 4.0 9% eBook Turnover Return on investment (ROI) 20.0% 13.5 % Hint Ask Print References
1.2.
Portions of the financial statements for Peach Computer are provided below. PEACH COMPUTER Income Statement For the year ended December 31, 2021 Net sales $1,775,000 Expenses: Cost of goods sold $1,040,000 Operating expenses 550,000 Depreciation expense 49,000 Income tax expense 39,000 Total expenses 1,678,000 Net income $ 97,000 PEACH COMPUTER Selected Balance Sheet Data December 31 Increase (I) or Cash Accounts receivable Inventory Prepaid rent Accounts payable Income tax payable 2021 $ 101,000 46,100 74,000 2,900 44,000 4,900 2020...
Return on Assets Ratio and Asset Turnover Ratio United Systems reported the following financial data (in millions) in its annual report: 2018 2019 Net Income $21,500 $16,134 Net Sales 49,540 52,250 Total Assets 68,734 78,128 If the company's total assets are $65,676 in 2017, calculate the company's: (a) return on assets (round answers to one decimal place - ex: 10.7%) (b) asset turnover for 2018 and 2019 (round answers to two decimal places) 2018 2019 a. Return on Assets Ratio...
Selected financial data for Bahama Bay and Caribbean Key are as follows: ($ in millions) 2.5 points Total assets Total liabilities Total stockholders' equity Bahama Bay 2021 2020 $9,603 $9,522 8,032 7,496 1,571 2,026 Caribbean Key 2021 2020 $ 8,803 $8,842 7,473 7,463 1,330 1,379 eBook Ask Sales revenue Interest expense Tax expense Net income $5,857 195 71 319 $12,829 153 345 352 Print References Required: 1-a. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for...
Check my work 1 Provide the missing data in the following table for a distributor of martial arts products: (Round "Turnover" and "ROI" answers to 1 decimal place.) Division points Alpha Bravo Charlie $ 302,500 Sales еВook $ 42, $ Net operating income 68,640 Hint 425,000 Average operating assets 13 % Margin Print 5.0 Turnover References Return on investment 35.0% 26.0 % |(ROI) 10 Check my work 2 Required information [The following information applies to the questions displayed below.] Part...
value: 2.00 points Problem 11-5A Calculate and analyze ratios (LO11-4) Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data is provided below: (Enter your answers in millions rounded to 1 decimal place. (.e., $5,500,000 should be entered as 5.5.)) ($ in millions) Net sales Net income Operating cash flows Total assets, beginning Total assets, ending Cyberdyne Virtucon $ 37,905 $ 4,984 9,737 1,049 14,5651,324 57,851 14,928 72,574 14,783 Required: 1. Calculate the return on assets...
Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year $65,357 $408,214 45,583 304,657 15,101 79,607 707 2,065 (94) (411) 1,384 7,139 $ 2.488 $ 14,335 Net income Current assets Noncurrent assets Total assets Current liabilities Balance Sheet Data (End of Year) $18.424 $48.331 26.109 122.375 $44,533...
4. 2.77 points Easter Egg and Poultry Company has $1,810,000 in assets and $692,000 of debt. It reports net income of $161,000. a. What is the firm's return on assets? (Enter your answer as a percent rounded to 2 decimal places.) Return on asset b. What is its return on stockholders' equity? (Enter your answer as a percent rounded to 2 decimal places.) Return on equity % c. If the firm has an asset turnover ratio of 1.8 times, what...
Return on Assets Ratio and Asset Turnover Ratio United Systems reported the following financial data (in millions) in its annual report: 2018 2019 Net Income $21,500 $16,134 Net Sales 49,540 52,250 Total Assets 68,734 78,128 If the company's total assets are $65,676 in 2017, calculate the company's: (a) return on assets (round answers to one decimal place - ex: 10.7%) (b) asset turnover for 2018 and 2019 (round answers to two decimal places) 2018 2019 0 % a. Return on...
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