QUESTION 10
A brief explanation of the remaining choices:
QUESTION 11
|
Balance sheet |
Under current assets |
|
Balance sheet |
As a reduction from gross amount of fixed assets |
|
Balance sheet |
Under property, plant & equipment |
|
Income statement |
Under non-operating expenses |
|
Balance sheet |
Under current assets |
|
Income statement |
Operating – expenses |
|
Balance sheet |
Under current liabilities |
|
Income statement |
It’s an operating item |
|
Balance sheet |
Non-current liabilities |
|
Income statement |
As a separate line item and reduced from pre-tax income |
10. Match the following definitions: (2p each, total 20p) The ability to convert an asset into...
10. Match the following definitions: (1) The ability to convert an asset into cash (2p each, total 20p) e ability to convert an asset into cash quickly without a significant loss of its value O Raw materials, work in progress and finished goods held by the form for eventue V Expenses that have been incurred but neither the related invoice received not be A noncash expense to allocate the cost of depreciable assets, such as plant and equipment, over the...
10. Match the following definitions: (l)The ability to convert an asset into cash quickly without a significant loss of its value. ry Raw materials, work in progress, and finished goods held by the firm for eventual sale. QExpenses that have been incurred but neither the related invoice received nor paid. (G)A noncash expense to allocate the cost of depreciable assets, such as plant and equipment, over the life of the asset. Money owed to suppliers for goods or services purchased...
Compute the firms Total Asset Turnover for the most recent
fiscal year.
Peer Group Average Ratios Liquidity Current Quick Cash Ratio 1/31/2019 1/31/2018 6,5036 ,423 4.292 4,200 2,223 1,718 1.718 226 234 268 271 2.503 1.619 1238 Dillard's, Inc. Income Statement Sales Cost Of Goods Gross Profit Selling & Admin Expenses Depreciation Earnings Before Interest & Taxes Non-Operating Income Interest Expense Pretax income Income Taxes Investment Gains/Losses Net Income 2.212 53 208 213 Leverage Total Debt LTD Ratio Debt-Equity Equity...
Based on the following balance sheet and income statement. Identify all financial ratios listed for each year. *Feel free to just do the first year! I need to check to make sure my answers are appropriate. Thanks! ANNUAL BALANCE SHEET ($ Thousands) 31-Dec-15 31-Dec-16 31-Dec-15 31-Dec-16 ASSETS Profitability Ratios (in %) Cash & Short-Term Investments $17.11 $25.05 Return on equity Net Receivables $1.62 $1.84 Return on assets Inventories $42.72 $39.68 Return on invested capital Prepaid Expenses $0.00 $0.00 Profit margin...
I need this info, what is the ORI, total asset turn over, fixed assets, times interest earned ratio, debt ratio, current ratio, average collection period, return on common equity, inventory turnover ratio, total asset turn over. Jones CompanyBalance Sheet For the Year Ended 12/31/2015 Assets: Cash and marketable securities $ 400,000 Accounts receivable 1,025,000 Inventories 1,937,500 Prepaid expenses 124,000 Total current assets $3,486,500 Fixed assets 2,800,000 Less: accum. depreciation (1,087,500) Net fixed assets $1,712,500 Total assets $5,199,000 Liabilities: Accounts payable $ 340,000 Notes payable...
(Computing ratios) Use the information from the balance sheet and income statement in the popup window, to calculate the following ratios: a. Current ratio b. Acid-test ratio c. Times interest earned d. Inventory turnover e. Total asset turnover f. Operating profit margin g. Days in receivables h. Operating return on assets i. Debt ratio j. Return on equity k. Fixed asset turnover a. The current ratio is X. (Round to two decimal places.) Cash Accounts receivable Inventory 99,000 31,000 50,000...
What is the Average Total Assets, Average Total Inventory,
Preferred Dividends, and Average Common Stockholders Equity ??
please show how with steps
Selected current year-end financial statements of Cabot
Corporation follow. (All sales were on credit; selected balance
sheet amounts at December 31 of the prior year were
inventory, $49,900; total assets, $229,400; common stock, $89,000;
and retained earnings, $33,215.)
Required:
Compute the following: (1) current ratio, (2) acid-test ratio, (3)
days' sales uncollected, (4) inventory turnover, (5) days' sales...
Calculate the accounts receivable turnover, average collection
period (days), inventory turnover, fixed asset turnover, and total
asset turnover for each period.
X2 X3 X4 $2,500,000 3.200,000 3,500,000 4,000,000 1.900.000 2400.0002.700.000 3200.000 800,000 400,00D 25,000 200,000 10.000 20.000 30.000 60.000 15,000 107,500 COST OF GOODS SOLD GROSS PROFIT SELLING & ADMINISTRATIVE EXPENSE DEPRECIATION LEASES MISCELLANEOUS EXPENSE 600,000 400,000 800,000 800,000 400,000 160,000 190,000 138,700 25,000 175,000 170,000 89,000 EARNINGS BEFORE INTEREST & TAXES INTEREST EARNINGS BEFORE TAXES TAXES (35%) NET INCOME...
(Interpreting financial statements and measuring cash flows) Given the information for Pamplin Inc. in the hyperlinks below: a. How much is the firm's net working capital and operating working capital, and what is the debt ratio for 2008? b. Complete a common-sized income statement and a common-sized balance sheet for 2008. c. Compute free cash flows and financing cash flows for 2008. Interpret your results. Pamplin Inc Balance Sheet at 12/31/2007 and 12/31/2008 Pamplin Inc. Income Statement for Years Ending...
Use the following information to determine:
a.) the operating return on assets (%)
b.) days in receivables ( in days)
c.) return on equity (%)
d.) total asset turnover
e.) operating profit margin (%)
f.) debt ratio (%)
g.) fixed asset turnover
Please answer each part of this question since all the
information is provided in the table. Thank you!!
Data Table ASSETS Cash Accounts receivable Inventory Prepaid expenses Total current assets Gross plant and equipment Accumulated depreciation Total assets...