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5. Assumptions: .Cash and Cash Equivalents = $ 165,000 Operating Expenses = $ 225,000 Number of...
What is the Return on Assets Ratio, Current Ratio, Days Cash on Hand and Average Collection...
What is the Return on Assets Ratio, Current Ratio, Days
Cash on Hand and Average Collection Period / Days in Accounts
Receivable for Jackson Hospital in 2018?
Please look at the images and also the options that are
available for answers
Return on Assets Ratio
A: 1.6%
B: 3.2%
C: 8.40%
D: 13.36%
Current Ratio
A: 1.7 times
B: 2.8 %
C: 1.9 times
D: 2.4 times
Days Cash on Hand
A: 12.1 days
B: 18.9 days
C: 35.00 days...
operating activities ✓ Net cash flow from operating activities, $225,000 PR 13-2A Statement of cash flows-indirect...
operating activities ✓ Net cash flow from operating activities, $225,000 PR 13-2A Statement of cash flows-indirect method Obj. 2, 3, 4,5 the comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 2018 and 2017 is as follows: Dec. 31, 20Y8 Dec 31, 2017 Assets Cash.**** SHOW ME HOW TCL TEMPLATE $ 80,000 275,000 510,000 15,000 1,070,000 (200,000) $1,750,000 $100,000 300,000 400,000 10,000 750,000 (160,000) $1,400,000 Accounts receivable (net)..... Inventories... Prepaid expenses ...... Equipment..... Accumulated depreciation equipment.. Total assets....
Calculate the number of equivalents in each of the following: A.) 5 moles of K+ B.)...
Calculate the number of equivalents in each of the following: A.) 5 moles of K+ B.) 2 moles of OH− C.) 5 moles of Ca2+ D.) 4 moles of CO2−3
Operating Expenses and Cash Payments Operating expenses and other cash payments for the company during the...
Operating Expenses and Cash Payments Operating expenses and other cash payments for the company during the quarter include the following. ALBENIZ CORPORATION BUDGETED OPERATING EXPENSES AND OTHER CASH PAYMENTS FOR FIRST QUARTER OF 20X6 (a) Sales commissions are paid to salesmen in the amount of 5% of sales. Sales commissions are paid in the month following the sale. (b) Salaries and wages are $55,000 per month. (c) Rent expense is $4,500 per month. (d) Office supplies are estimated at 2%...
2018 2017 Assets Cash and equivalents Accounts receivable Inventories Total current assets 999 991 Net plant...
2018 2017 Assets Cash and equivalents Accounts receivable Inventories Total current assets 999 991 Net plant and equipment Total assets Liabilities and Equity 8 Accounts payable $ 11,000 8 Accruals 7,600 Notes payable 6,000 Total current liabilities Long-term bonds Total liabilities 99% 318 88 44,500 40,000 49,955 Common stock (4,000 shares) Retained earnings 40,000 49,955 35,100 Common equity $ 89,955 $75.100 Total liabilities and equity $134,555 $115,000 Income Statement for Year Ending December 31, 2018 Sales $225,000 Operating costs excluding...
Abbreviated income statements for Pop co. follow: 2018 2017 Sales 210,000 165,000 COGS 149,000 105,000 Operating...
Abbreviated income statements for Pop co. follow: 2018 2017 Sales 210,000 165,000 COGS 149,000 105,000 Operating Expense 27,500 18,000 Income Tax Expense 10,800 11,100 Net Income 22,700 30,900 Using Vertical analysis , which of the following is true? a. 2018 operating Expenses as a percent of Sales is 4.91% b. 2017 Net incom as a percent of sales is 4.91% c. Both a,b are true. d. Nethier a, nor b are true. H2O Corporation had sales of $547,000 cost of...
As of December 31, Year 1, Moss Company had total cash of $165,000 notes payable of...
As of December 31, Year 1, Moss Company had total cash of $165,000 notes payable of $86,500, and common stock of $53,300. During Year 2. Moss earned $45,000 of cash revenue, paid $24.500 for cash expenses, and paid a $3.900 cash dividend to the stockholders. Required a. Determine the amount of retained earnings as of December 31 Year 1. Rotained earnings nces b.& c. Create an accounting equation and record the beginning account balances, revenue expense and dividend events under...
(In millions) Year Ended December 31, 2018 2017 Cash flows from operating activities Net income $ ...
(In millions) Year Ended December 31, 2018 2017 Cash flows from operating activities Net income $ 22,112 $ 15,934 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 4,315 3,025 Share-based compensation 4,152 3,723 Deferred income taxes 286 (377) Other (64) 24 Changes in assets and liabilities: Accounts receivable (1,892) (1,609) Prepaid expenses and other current assets (690) (192) Other assets (159) 154 Accounts payable 221 43 Partners payable 157 95 Accrued expenses and...
statement of Cash Flows Does the ending balance of cash and cash equivalents sh with the...
statement of Cash Flows Does the ending balance of cash and cash equivalents sh with the amount reported on the balance sheet? agree AutoSave On Summer 2020 Finance Analysis Project - Saved - O Search Insert File Draw Data Page Layout Home Formulas Review View Help Calibri ν Α' Α' 2 Wrap Text Genera X cut [ Copy - Format Painter BIU a. Av Merge & Center $ Clipboard Font E Alignment 52 E F B cash 25,255 27,753 28,337...
The petty cash fund should be replenished for the a. total amount for which the account...
The petty cash fund should be replenished for the a. total amount for which the account was originally set up. b. amount of receipts plus cash on hand. c. amount needed to bring the petty cash fund back to its established amount. d. amount of expenses estimated for the next period. Cash equivalents by definition a. are a comparison of cash and liabilities. b. are expected to be converted to cash within three months. c. are long-term investments. d. will...
What is the Return on Assets Ratio, Current Ratio, Days
Cash on Hand and Average Collection Period / Days in Accounts
Receivable for Jackson Hospital in 2018?
Please look at the images and also the options that are
available for answers
Return on Assets Ratio
A: 1.6%
B: 3.2%
C: 8.40%
D: 13.36%
Current Ratio
A: 1.7 times
B: 2.8 %
C: 1.9 times
D: 2.4 times
Days Cash on Hand
A: 12.1 days
B: 18.9 days
C: 35.00 days...
operating activities ✓ Net cash flow from operating activities, $225,000 PR 13-2A Statement of cash flows-indirect method Obj. 2, 3, 4,5 the comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 2018 and 2017 is as follows: Dec. 31, 20Y8 Dec 31, 2017 Assets Cash.**** SHOW ME HOW TCL TEMPLATE $ 80,000 275,000 510,000 15,000 1,070,000 (200,000) $1,750,000 $100,000 300,000 400,000 10,000 750,000 (160,000) $1,400,000 Accounts receivable (net)..... Inventories... Prepaid expenses ...... Equipment..... Accumulated depreciation equipment.. Total assets....
Operating Expenses and Cash Payments Operating expenses and other cash payments for the company during the quarter include the following. ALBENIZ CORPORATION BUDGETED OPERATING EXPENSES AND OTHER CASH PAYMENTS FOR FIRST QUARTER OF 20X6 (a) Sales commissions are paid to salesmen in the amount of 5% of sales. Sales commissions are paid in the month following the sale. (b) Salaries and wages are $55,000 per month. (c) Rent expense is $4,500 per month. (d) Office supplies are estimated at 2%...
2018 2017 Assets Cash and equivalents Accounts receivable Inventories Total current assets 999 991 Net plant and equipment Total assets Liabilities and Equity 8 Accounts payable $ 11,000 8 Accruals 7,600 Notes payable 6,000 Total current liabilities Long-term bonds Total liabilities 99% 318 88 44,500 40,000 49,955 Common stock (4,000 shares) Retained earnings 40,000 49,955 35,100 Common equity $ 89,955 $75.100 Total liabilities and equity $134,555 $115,000 Income Statement for Year Ending December 31, 2018 Sales $225,000 Operating costs excluding...
As of December 31, Year 1, Moss Company had total cash of $165,000 notes payable of $86,500, and common stock of $53,300. During Year 2. Moss earned $45,000 of cash revenue, paid $24.500 for cash expenses, and paid a $3.900 cash dividend to the stockholders. Required a. Determine the amount of retained earnings as of December 31 Year 1. Rotained earnings nces b.& c. Create an accounting equation and record the beginning account balances, revenue expense and dividend events under...
statement of Cash Flows Does the ending balance of cash and cash equivalents sh with the amount reported on the balance sheet? agree AutoSave On Summer 2020 Finance Analysis Project - Saved - O Search Insert File Draw Data Page Layout Home Formulas Review View Help Calibri ν Α' Α' 2 Wrap Text Genera X cut [ Copy - Format Painter BIU a. Av Merge & Center $ Clipboard Font E Alignment 52 E F B cash 25,255 27,753 28,337...
The petty cash fund should be replenished for the a. total amount for which the account was originally set up. b. amount of receipts plus cash on hand. c. amount needed to bring the petty cash fund back to its established amount. d. amount of expenses estimated for the next period. Cash equivalents by definition a. are a comparison of cash and liabilities. b. are expected to be converted to cash within three months. c. are long-term investments. d. will...
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