Homework Answers
Answer:
i.Current Ratio = Current Assets / Current Liabilities
Garth Ltd. = 606 /140 = 4.33
James Ltd. = 548 /302 = 1.81
Garth's Current ratio is very high which shows current liabilities can be easily handled
ii.Quick Ratio = Quick Assets / Current Liabilities
Garth Ltd. = 330 /140 = 2.36
James Ltd. = 214 /302 = 0.71
Quick Ratio indicates Garth has enough liquid assets to handle working capital
iii.Receivables Collection Period = 365 / (Sales / Accounts Receivable)
Garth Ltd. = 365 / (1192 / 138 ) = 365 / 8.637 = 42.26 Days
James Ltd. = 365 / ( 1356 / 196 ) = 365 / 6.918 = 52.76 Days
With lower collection days Garth is in much better position in terms of liquidity
iv.Return on Capital Employed = Net Income / (Equity + Non Current Liabilities)
Garth Ltd. = 198 / 1080 = 18.33%
James Ltd. = 48 / ( 1938 + 160 ) = 48 / 2098 = 2.29%
Garth is using its capital efficiently to generate good profits
v.Gross Profit Percentage = Gross Profit / Sales Revenue
Garth Ltd. = 404 /1192 = 33.89%
James Ltd. = 304 /1356 = 22.42%
Manufacturing costs are efficiently controlled by Garth to earn bigger profits on sales
vi.Net Profit Percentage = Net Income / Sales Revenue
Garth Ltd. = 198 / 1192 = 16.61%
James Ltd. = 48 / 1356 = 3.54%
Operating expenses are efficiently controlled by Garth to earn excellent profits on sales
Add Answer to:
Question 4 Daniel, an investor is considering purchasing shares in either Garth Ltd & James Ltd....
PLEASE DO THE ABOVE QUESTION SIMILAR TO THIS : Question 3 The recent financial statements for the Royal Caribbean Com...
PLEASE DO THE ABOVE QUESTION SIMILAR TO THIS
:
Question 3 The recent financial statements for the Royal Caribbean Company are given below: 2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10% bonds payable Total liabilities $200,000 $300,000 $500,000 $290,000...
DO NOT WRITE ANSWERS !! PLEASE TYPE ANSWERS SO THEY CAN LOOK SIMILAR TO THIS :...
DO NOT WRITE ANSWERS !! PLEASE TYPE ANSWERS SO THEY CAN
LOOK SIMILAR TO THIS :
AGAIN PLEASE TYPE ANSWERS SO THEY CAN LOOK SIMILAR TO
THE ABOVE PHOTO !!
Balance Sheet for the period ending June 30 Assets 2006 2005 Current assets $21,000 $160,000 $300,000 $24,000 $162,000 $315,000 Cash Accounts receivables Inventories $9,000 $490,000 $810,000 $10,000 $511,000 Prepaid expenses Total current assets $700,000 $1,211,000 Property and equipment $1,300,000 Total assets Liabilities and shareholders equity Liabilities $200,000 $290,000 Current liabilities...
RATIO ANALYSIS PLEASE ANSWER THIS USING A COMPUTER , TYPE ANSWERS ON A COMPUTER !! DO...
RATIO ANALYSIS
PLEASE ANSWER THIS USING A COMPUTER , TYPE ANSWERS ON A
COMPUTER !! DO NOT WRITE !! I WOULD LIKE ANSWERS TO LOOK SIMILAR TO
THIS LAYOUT :
2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10% bonds...
PLEASE TYPE ANSWERS. DO NOT WRITE ! IT SHOULD LOOK SIMILAR TO THIS (SEE IMAGE BELOW):...
PLEASE TYPE ANSWERS. DO NOT WRITE ! IT SHOULD LOOK
SIMILAR TO THIS (SEE IMAGE BELOW):
2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10% bonds payable Total liabilities $200,000 $300,000 $500,000 $290,000 $275,000 $565,000 Shareholders equity Common stock $5...
PLEASE TYPE THIS ON A COMPUTER SO IT CAN BE NEAT LIKE THE IMAGE BELOW !!...
PLEASE TYPE THIS ON A COMPUTER SO
IT CAN BE NEAT LIKE THE IMAGE BELOW !! PLEASE DO NOT WRITE. TYPE
THE ANSWER SO IT CAN BE SIMILAR TO THIS :
2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10%...
SAMSUNG 0 8 FG H KL Enter 5 >7 shift The Finance Director of Amben Ltd...
SAMSUNG 0 8 FG H KL Enter 5 >7 shift The Finance Director of Amben Ltd is concerned about rising short-term interest rates and the poor liquidity of the company. After calculating appropriate ratios (10), prepare a report that comments on the recent performance and financial health of Amben Ltd Income statements for the year ended 31 December 2016 2015 $000 $000 $000 $1000 Turnover 5,300 Cost of sales 4,330 4,000 Gross profit 1,370 1,300 Administration cost 735 620 Operating...
Cumi Ltd. and Ciki Ltd. are both computer component manufacturers in Longford. You are provided with...
Cumi Ltd. and Ciki Ltd. are both computer component manufacturers in Longford. You are provided with the following summarized information in relation to both companies. Income statements for year ended 31 March 2018 Cumi Lid. Cik Lid. AED'000 AED'000 Revenue 1.500 2000 Cost of sales 1.000 1.600 Gross profit 500 Operating expenses 150 200 Operating profit 350 200 Interest on debentures 100 50 Profit before tak 250 Tax SO Profit after tax 200 Dividends 70 Retained profits 350 30 120...
Question 2 Two companies Samsong Sdn Bhd and Huaway Sdn Bhd trade in the same market....
Question 2 Two companies Samsong Sdn Bhd and Huaway Sdn Bhd trade in the same market. Their financial statements for the year ended 30 September 2019 are summarised below: Statements of Comprehensive Income for the year ended 30 September 2019: Samsong Huaway RM'000 RM'000 Revenue 284 405 (155) (251) 129 154 Cost of sales Gross profit Administrative Distribution Depreciation Interest on loan (24) (35) (37) (53) (12) (9) Nil (5) Profit before tax 61 47 Income tax expense (10) (4)...
ABC Ltd acquired 70% of the shares in XYZ Ltd on 31st December 2015 for a cost of £4,000,000. The...
ABC Ltd acquired 70% of the shares in XYZ Ltd on 31st December 2015 for a cost of £4,000,000. The balance sheets of the two companies at 31 December 2016, and the profit and loss accounts for the year ended 31 December 2016 are as follows: Additional information: – A goodwill impairment review has been carried out and it has been determined that goodwill has been impaired by £300,000 as at 31st December 2016 – On 31st December 2016, ABC...
A) Interpret the Question 3 marks) Part A (8 marks) You are provided with the following...
A) Interpret the Question 3 marks) Part A (8 marks) You are provided with the following information for Precedent Ltd Service revenue Profit Total assets Total liabilities Current ratio 2017 S620 000 52 500 540 000 300 000 0.60 : 1 2016 $575 000 56 100 555 000 330 000 0.71:1 Required: 1) A loan agreement entered into by the entity in 2017 requires the entity to maintain a minimum return on assets ratio of 10.50%. 1) Calculate the return...
PLEASE DO THE ABOVE QUESTION SIMILAR TO THIS
:
Question 3 The recent financial statements for the Royal Caribbean Company are given below: 2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10% bonds payable Total liabilities $200,000 $300,000 $500,000 $290,000...
DO NOT WRITE ANSWERS !! PLEASE TYPE ANSWERS SO THEY CAN
LOOK SIMILAR TO THIS :
AGAIN PLEASE TYPE ANSWERS SO THEY CAN LOOK SIMILAR TO
THE ABOVE PHOTO !!
Balance Sheet for the period ending June 30 Assets 2006 2005 Current assets $21,000 $160,000 $300,000 $24,000 $162,000 $315,000 Cash Accounts receivables Inventories $9,000 $490,000 $810,000 $10,000 $511,000 Prepaid expenses Total current assets $700,000 $1,211,000 Property and equipment $1,300,000 Total assets Liabilities and shareholders equity Liabilities $200,000 $290,000 Current liabilities...
RATIO ANALYSIS
PLEASE ANSWER THIS USING A COMPUTER , TYPE ANSWERS ON A
COMPUTER !! DO NOT WRITE !! I WOULD LIKE ANSWERS TO LOOK SIMILAR TO
THIS LAYOUT :
2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10% bonds...
PLEASE TYPE ANSWERS. DO NOT WRITE ! IT SHOULD LOOK
SIMILAR TO THIS (SEE IMAGE BELOW):
2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10% bonds payable Total liabilities $200,000 $300,000 $500,000 $290,000 $275,000 $565,000 Shareholders equity Common stock $5...
PLEASE TYPE THIS ON A COMPUTER SO
IT CAN BE NEAT LIKE THE IMAGE BELOW !! PLEASE DO NOT WRITE. TYPE
THE ANSWER SO IT CAN BE SIMILAR TO THIS :
2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10%...
SAMSUNG 0 8 FG H KL Enter 5 >7 shift The Finance Director of Amben Ltd is concerned about rising short-term interest rates and the poor liquidity of the company. After calculating appropriate ratios (10), prepare a report that comments on the recent performance and financial health of Amben Ltd Income statements for the year ended 31 December 2016 2015 $000 $000 $000 $1000 Turnover 5,300 Cost of sales 4,330 4,000 Gross profit 1,370 1,300 Administration cost 735 620 Operating...
Cumi Ltd. and Ciki Ltd. are both computer component manufacturers in Longford. You are provided with the following summarized information in relation to both companies. Income statements for year ended 31 March 2018 Cumi Lid. Cik Lid. AED'000 AED'000 Revenue 1.500 2000 Cost of sales 1.000 1.600 Gross profit 500 Operating expenses 150 200 Operating profit 350 200 Interest on debentures 100 50 Profit before tak 250 Tax SO Profit after tax 200 Dividends 70 Retained profits 350 30 120...
Question 2 Two companies Samsong Sdn Bhd and Huaway Sdn Bhd trade in the same market. Their financial statements for the year ended 30 September 2019 are summarised below: Statements of Comprehensive Income for the year ended 30 September 2019: Samsong Huaway RM'000 RM'000 Revenue 284 405 (155) (251) 129 154 Cost of sales Gross profit Administrative Distribution Depreciation Interest on loan (24) (35) (37) (53) (12) (9) Nil (5) Profit before tax 61 47 Income tax expense (10) (4)...
A) Interpret the Question 3 marks) Part A (8 marks) You are provided with the following information for Precedent Ltd Service revenue Profit Total assets Total liabilities Current ratio 2017 S620 000 52 500 540 000 300 000 0.60 : 1 2016 $575 000 56 100 555 000 330 000 0.71:1 Required: 1) A loan agreement entered into by the entity in 2017 requires the entity to maintain a minimum return on assets ratio of 10.50%. 1) Calculate the return...
Most questions answered within 3 hours.
-
Arbitration of disputes under the purview of "lemon laws" under
state statute is:
not required by...
asked 9 minutes ago -
Describe three pieces of evidence that mitochondria and evolved
from symbiotic mutualisms between a eukaryote (or...
asked 16 minutes ago -
An AM transmitter with a carrier power of 20 kW is connected to
a 50 Ω...
asked 25 minutes ago -
JAVA
Beginnings of a paper-rock-scissors game.
Paper-rock-scissors is a game often used to make decisions.
There...
asked 29 minutes ago -
Consider a concept learning example of 5 attributes. Attributes
can take one of (5,3,2,2,6) values respectively....
asked 35 minutes ago -
Red light of wavelength 675 nm is incident on a slit of width
4.56 × 10−6...
asked 45 minutes ago -
An object 4.0 mm high is on the optical axis of two lenses with
focal lengths...
asked 42 minutes ago -
Suppose that each team in a league has a demand curve for
generic advertising (a league-wide...
asked 42 minutes ago -
1. The WJC purchases denim. The avg. daily demand of
western is 1000 yards and the...
asked 50 minutes ago -
Memory Allocation
a) Is it possible to have both internal and external
fragmentation with fixed partition...
asked 51 minutes ago -
Steven can afford car payments of $300 a month for 72 months.
The bank will lend...
asked 1 hour ago -
Embedded
System..
1.
Analyze
the instruction
sets below.
LDR R1, [R0,
#0x08]
SUB R1, R1,
R2,...
asked 1 hour ago