Homework Answers
For Net Working Capital
Net working Capital = Current Asset - Current Liabilities
= $1200 - $200
= $1000
Ans For A $1000
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%) Problem 3-14 (similar to (Working with financial statements) Given the balance sheet, E3, EEB, for...
2015 to compare 4-9. (Ratio analysis) The financial statements and industry norms are shown be for...
2015 to compare 4-9. (Ratio analysis) The financial statements and industry norms are shown be for Pamplin, Inc.: a. Compute the financial ratios for Pamplin for 2014 and for 2015 to com both against the industry norms. b. How liquid is the firm? c. Areits managers generating an adequate operating profit on the firm's d. How is the firm financing its assets? e. Are its managers generating a good return on equity? INDUSTRY NORN 5.00 3.00 2.20 90.00 0.33 Current...
(Interpreting financial statements and measuring cash flows) Given the information for Pamplin Inc. in the hyperlinks...
(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...
Just Dew It Corporation reports the following balance sheet information for 2014 and 2015. JUST...
Just Dew It Corporation reports the following balance sheet information for 2014 and 2015. JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Assets Liabilities and Owners’ Equity 2014 2015 2014 2015 Current assets Current liabilities Cash $ 4,000 $ 11,280 Accounts payable $ 39,040 $ 48,720 Accounts receivable 14,880 20,400 Notes payable 12,960 17,280 Inventory 61,920 90,480 Total $ 80,800 $ 122,160 Total $ 52,000 $ 66,000 Long-term debt $ 48,000 $ 36,000 Owners’ equity Common stock and...
Just Dew It Corporation reports the following balance sheet information for 2014 and 2015. JUST...
Just Dew It Corporation reports the following balance sheet information for 2014 and 2015. JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Assets Liabilities and Owners’ Equity 2014 2015 2014 2015 Current assets Current liabilities Cash $ 11,000 $ 14,250 Accounts payable $ 54,000 $ 63,750 Accounts receivable 27,000 36,750 Notes payable 14,800 20,500 Inventory 75,000 96,250 Total $ 113,000 $ 147,250 Total $ 68,800 $ 84,250 Long-term debt $ 50,000 $ 40,000 Owners’ equity Common stock and...
Just Dew It Corporation reports the following balance sheet information for 2014 and 2015. Prepare the...
Just Dew It Corporation reports the following balance sheet
information for 2014 and 2015.
Prepare the 2015 combined common-size, common–base year balance
sheet for Just Dew It. (Do not round intermediate
calculations. Round your answers to 4 decimal places, e.g.,
32.1616.)
Any help is appreciated :)
JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 2014 2015 Current assets Current liabilities Cash Accounts receivable Inventory $ 6,560 16,160 61,280 $ 8,600 22,600 74,600...
Birtle Corporation reports the following statement of financial position information for 2014 and 2015 Birtle CORPORATION...
Birtle Corporation reports the following statement of financial position information for 2014 and 2015 Birtle CORPORATION 2014 and 2015 Statement of Financial Position Assets Liabilities and Owners' Equity 2014 2015 2014 2015 Current assets Current liabilities $ 41,060 Cash Accounts receivable Inventory $ 9,279 23,683 42,636 $11,173 25,760 46,915 Accounts payable Notes payable $43,805 16,843 16,157 57217 $ 40,000 50,000 Total $ 75,598 $ 83,848 Total $ 60,648 $ 35,000 $ 50,000 Long-term debt Owners' equity Common stock and paid-in...
Some recent financial statements for Smolira Golf Corp. follow GOLF C 2014 and 2015 Balance Sheets...
Some recent financial statements for Smolira Golf Corp. follow GOLF C 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2014 Assets 2015 2014 2015 Current assets Current liabilities Accounts payable Notes payable Other $ 24,284 13,000 12,671 28,200 11,900 19,900 $ 23,056 13,548 26,982 25,200 16,300 28,200 Accounts receivable 49,955 60,000 $ 80,000 92,000 Total S 63,586 69,700 Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained eamings 60,000 $ 60,000 222,000 209,326 Fixed assets Net...
(Ratio analysis) The financial statements and industry norms for Pamplin Inc. are shown in the popup window: a. Comp...
(Ratio analysis) The financial statements and industry norms for Pamplin Inc. are shown in the popup window: a. Compute the ratios in the popup window,, for 2017 and 2018 to compare both against the industry norms. b. How liquid is the firm? c. Are its managers generating an adequate operating profit on the firm's assets? d. How is the firm financing its assets? e. Are its managers generating a good return on equity? Note: 15% of sales are cash sales,...
Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2014 and 2015 Balance...
Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 2014 Current assets Current liabilities Cash Accounts receivable Inventory $ 24,236 14,348 27,892 $ 26,000 17,100 29,000 Accounts payable Notes payable Other $ 25,084 19,000 13,471 $ 29,000 12,700 18,300 Total $ 66,476 $ 72,100 Total 57,555 $ 60,000 $ 88,000 $ 99,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings 45,000...
Prepare a statement of cash flows based on the following financial statements: Balance Sheet 2017 2018...
Prepare a statement of cash flows based on the following
financial statements:
Balance Sheet 2017 2018 Assets Current assets Cash $5,000 $6,500 Accounts receivable $31,500 30,000 $42,000 Inventory 40,000 Total $75,000 $80,000 Fixed assets Net plant and equipment $393,750 375,000 $450,000 Total assets $473,750 Liabilities and Owners Equity Current liabilities Accounts payable $50,000 $53,750 Notes payable 25,000 $26,250 Total $75,000 $80,000 Long-term debt Owners' equity $85,000 $89,250 Common stock $60,000 $63,000 Accumulated retained 241,500 230,000 earnings Total $290,000 $304,500 Total...
2015 to compare 4-9. (Ratio analysis) The financial statements and industry norms are shown be for Pamplin, Inc.: a. Compute the financial ratios for Pamplin for 2014 and for 2015 to com both against the industry norms. b. How liquid is the firm? c. Areits managers generating an adequate operating profit on the firm's d. How is the firm financing its assets? e. Are its managers generating a good return on equity? INDUSTRY NORN 5.00 3.00 2.20 90.00 0.33 Current...
(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...
Just Dew It Corporation reports the following balance sheet
information for 2014 and 2015.
Prepare the 2015 combined common-size, common–base year balance
sheet for Just Dew It. (Do not round intermediate
calculations. Round your answers to 4 decimal places, e.g.,
32.1616.)
Any help is appreciated :)
JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 2014 2015 Current assets Current liabilities Cash Accounts receivable Inventory $ 6,560 16,160 61,280 $ 8,600 22,600 74,600...
Birtle Corporation reports the following statement of financial position information for 2014 and 2015 Birtle CORPORATION 2014 and 2015 Statement of Financial Position Assets Liabilities and Owners' Equity 2014 2015 2014 2015 Current assets Current liabilities $ 41,060 Cash Accounts receivable Inventory $ 9,279 23,683 42,636 $11,173 25,760 46,915 Accounts payable Notes payable $43,805 16,843 16,157 57217 $ 40,000 50,000 Total $ 75,598 $ 83,848 Total $ 60,648 $ 35,000 $ 50,000 Long-term debt Owners' equity Common stock and paid-in...
Some recent financial statements for Smolira Golf Corp. follow GOLF C 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2014 Assets 2015 2014 2015 Current assets Current liabilities Accounts payable Notes payable Other $ 24,284 13,000 12,671 28,200 11,900 19,900 $ 23,056 13,548 26,982 25,200 16,300 28,200 Accounts receivable 49,955 60,000 $ 80,000 92,000 Total S 63,586 69,700 Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained eamings 60,000 $ 60,000 222,000 209,326 Fixed assets Net...
(Ratio analysis) The financial statements and industry norms for Pamplin Inc. are shown in the popup window: a. Compute the ratios in the popup window,, for 2017 and 2018 to compare both against the industry norms. b. How liquid is the firm? c. Are its managers generating an adequate operating profit on the firm's assets? d. How is the firm financing its assets? e. Are its managers generating a good return on equity? Note: 15% of sales are cash sales,...
Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 2014 Current assets Current liabilities Cash Accounts receivable Inventory $ 24,236 14,348 27,892 $ 26,000 17,100 29,000 Accounts payable Notes payable Other $ 25,084 19,000 13,471 $ 29,000 12,700 18,300 Total $ 66,476 $ 72,100 Total 57,555 $ 60,000 $ 88,000 $ 99,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings 45,000...
Prepare a statement of cash flows based on the following
financial statements:
Balance Sheet 2017 2018 Assets Current assets Cash $5,000 $6,500 Accounts receivable $31,500 30,000 $42,000 Inventory 40,000 Total $75,000 $80,000 Fixed assets Net plant and equipment $393,750 375,000 $450,000 Total assets $473,750 Liabilities and Owners Equity Current liabilities Accounts payable $50,000 $53,750 Notes payable 25,000 $26,250 Total $75,000 $80,000 Long-term debt Owners' equity $85,000 $89,250 Common stock $60,000 $63,000 Accumulated retained 241,500 230,000 earnings Total $290,000 $304,500 Total...
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