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HW Assignment for Week 1: Problem 1: A company has got...
Use the attached Income Statement and Balance Sheet to compute the required financial ratios for Seward...
Use the attached Income Statement and Balance Sheet to compute
the required financial ratios for Seward Inc. and compare to the
industry averages. After that, write a brief summary as to what
each ratio is measuring and how Seward compares to the industry.
For example, you may find that Seward's Inventory Turnover is not
as high as the industry average, so they are either not managing
their inventories or may be experiencing a decrease in sales.
Seward Industries a. Compute...
Please show all work. 1. Statement of Cash Flows and Standardized Financial Statements a) Net income...
Please show all work. 1. Statement of Cash Flows and Standardized Financial Statements a) Net income for your firm was $10,000 last year. The depreciation expense was $2,500; accounts receivable increased $1,250; accounts payable increased $800; and inventories increased by $2,000. Identify the sources and uses of cash • What was the total cash flow from operations for the period? Operating activities = Net Income + Depreciation + Source (inflow) - Use foutflow) b) i) Prepare the 2018 common-size Income...
FIN Company: Balance Sheet as of December 31 ($ million) $40 Cash Account receivables Inventories Total...
FIN Company: Balance Sheet as of December 31 ($ million) $40 Cash Account receivables Inventories Total current assets $40 $20 $100 $40 Account Payables ? Notes payable $160 Other current liabilities $310 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity $450 Total liabilities and equity $140 $114 ? Net fixed assets Total assets FIN Company: Income Statement for Year Ended December 31 ($ million) $800.0 Net sales Cost of goods sold (80% of net...
The balance sheet and income statement for the A. Thiel Mfg. Company are as follows. Calculate...
The balance sheet and income statement for the A. Thiel Mfg.
Company are as follows. Calculate the ratios at the
bottom.
Cash $ 500 Accounts receivable 2,000 Inventories 1,000 Current assets $3,500 Net fixed assets 4,500 Total assets $8,000 Accounts payable $1,100 Accrued expenses 600 Short-term notes payable 300 Current liabilities $2,000 Long-term debt 2,000 Owners' equity 4,000 Total liabilities and owners' equity $8,000 Income Statement ($000) Sales (all credit) $8,000 Cost of goods sold (3,300) Gross profit $4,700 Operating...
RATIO ANALYSIS Question: The balance sheet and income statement for the JP Robard mfg company areas...
RATIO ANALYSIS Question: The balance sheet and income statement for the JP Robard mfg company areas follows: Particulars Amounts Cash Account receivable Inventories Current Assets Net Fixed Assets Total Assets Account payables Accrued Expenses Short Term Notes Payables Current Liabilities Long term Debt Owners' Equity 500 2000 1000 3500 4500 8000 1000 600 300 2000 2000 4000 8000 8000 (3300) 4700 (3000) 1700 (367) 1333 (533) 800 Total Liabilities and Owners Equity Net Sales (All Credit) Cost of Goods Sold...
Make a cash flow statement using the following information below. 2017 Income Statement Sales 989 100...
Make a cash flow statement using the following information
below.
2017 Income Statement Sales 989 100 479 500 Cost of goods sold Selling and administrative 218 300 Depreciation 95 500 EBIT 195 800 Interest 33 760 EBT 162 040 Taxes 84 200 Net Income 77 840 Dividends 16 800 Additions to retained earnings 61 040 Cash $ 9 500 Accounts receivable Eumeralla Ltd Balance Sheet as at 30 June 2016 $ 13 300 Accounts payable 18 900 Notes payable 13...
1.)Company ABC has sales of $1,650,000, cost of goods sold of $600,000, EBIT of $450,000, interest...
1.)Company ABC has sales of $1,650,000, cost of goods sold of $600,000, EBIT of $450,000, interest expense of $70,000, and a tax rate of 27%. If the company paid $57,000 in dividends what is the addition to retained earnings. 2.)At the beginning of the year, a firm had current assets of $121,306 and current liabilities of $124,509. At the end of the year, the current assets were $122,418 and the current liabilities were $103,718. What is the change in net...
ASSIGNMENT 2 BUSINESS FINANCE FIN 3200 10 Points KUIPERS ENTERPRISES 2018 Income Statement ($ in millions!...
ASSIGNMENT 2 BUSINESS FINANCE FIN 3200 10 Points KUIPERS ENTERPRISES 2018 Income Statement ($ in millions! Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxas (34%) Net income Addition to retained earnings Dividends 600 $9,000 4.500 700 $3,800 600 $3,200 1,088 $2,112 $1,512 KUIPERS ENTERPRISES Balance Sheets as of December 31, 2017 and 2018 ($ in millions) 2017 2018 2017 2018 $ 650 $ 679 400 Assets Current assets Cash Receivables Inventory Total Fixed assets Net plant...
Statement of the Assignment: Please prepare a comprehensive list of financial ratios as introduced in Chapter...
Statement of the Assignment: Please prepare a comprehensive list of financial ratios as introduced in Chapter 3 of the textbook. Write a brief explanation below each financial ratio, e.g. what does the financial ratio measures or what the significance of it is. For example: Current Ratio = Current Assist / Current Liabilities Current ratio measures whether our current assets, if liquidated, are sufficient to pay all of our current liabilities. A CR of 1.5, for example, shows that if we...
VillaMaria Ltd provides you the following information that has been extracted from the financial statements. Cash...
VillaMaria Ltd provides you the following information that has been extracted from the financial statements. Cash assets Marketable securities Receivables Inventories Prepaid expenses Property, plant and equipment Current liabilities Revenue (sales on credit) Cost of sales 2017 $33 100 107 000 72 500 182 000 4 200 300 000 178 200 950 600 570 700 2016 $35 900 100 300 73 900 166 800 6 300 258 700 160 500 902 900 532 800 Required 1) Calculate the following for...
Use the attached Income Statement and Balance Sheet to compute
the required financial ratios for Seward Inc. and compare to the
industry averages. After that, write a brief summary as to what
each ratio is measuring and how Seward compares to the industry.
For example, you may find that Seward's Inventory Turnover is not
as high as the industry average, so they are either not managing
their inventories or may be experiencing a decrease in sales.
Seward Industries a. Compute...
Please show all work. 1. Statement of Cash Flows and Standardized Financial Statements a) Net income for your firm was $10,000 last year. The depreciation expense was $2,500; accounts receivable increased $1,250; accounts payable increased $800; and inventories increased by $2,000. Identify the sources and uses of cash • What was the total cash flow from operations for the period? Operating activities = Net Income + Depreciation + Source (inflow) - Use foutflow) b) i) Prepare the 2018 common-size Income...
FIN Company: Balance Sheet as of December 31 ($ million) $40 Cash Account receivables Inventories Total current assets $40 $20 $100 $40 Account Payables ? Notes payable $160 Other current liabilities $310 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity $450 Total liabilities and equity $140 $114 ? Net fixed assets Total assets FIN Company: Income Statement for Year Ended December 31 ($ million) $800.0 Net sales Cost of goods sold (80% of net...
The balance sheet and income statement for the A. Thiel Mfg.
Company are as follows. Calculate the ratios at the
bottom.
Cash $ 500 Accounts receivable 2,000 Inventories 1,000 Current assets $3,500 Net fixed assets 4,500 Total assets $8,000 Accounts payable $1,100 Accrued expenses 600 Short-term notes payable 300 Current liabilities $2,000 Long-term debt 2,000 Owners' equity 4,000 Total liabilities and owners' equity $8,000 Income Statement ($000) Sales (all credit) $8,000 Cost of goods sold (3,300) Gross profit $4,700 Operating...
RATIO ANALYSIS Question: The balance sheet and income statement for the JP Robard mfg company areas follows: Particulars Amounts Cash Account receivable Inventories Current Assets Net Fixed Assets Total Assets Account payables Accrued Expenses Short Term Notes Payables Current Liabilities Long term Debt Owners' Equity 500 2000 1000 3500 4500 8000 1000 600 300 2000 2000 4000 8000 8000 (3300) 4700 (3000) 1700 (367) 1333 (533) 800 Total Liabilities and Owners Equity Net Sales (All Credit) Cost of Goods Sold...
Make a cash flow statement using the following information
below.
2017 Income Statement Sales 989 100 479 500 Cost of goods sold Selling and administrative 218 300 Depreciation 95 500 EBIT 195 800 Interest 33 760 EBT 162 040 Taxes 84 200 Net Income 77 840 Dividends 16 800 Additions to retained earnings 61 040 Cash $ 9 500 Accounts receivable Eumeralla Ltd Balance Sheet as at 30 June 2016 $ 13 300 Accounts payable 18 900 Notes payable 13...
ASSIGNMENT 2 BUSINESS FINANCE FIN 3200 10 Points KUIPERS ENTERPRISES 2018 Income Statement ($ in millions! Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxas (34%) Net income Addition to retained earnings Dividends 600 $9,000 4.500 700 $3,800 600 $3,200 1,088 $2,112 $1,512 KUIPERS ENTERPRISES Balance Sheets as of December 31, 2017 and 2018 ($ in millions) 2017 2018 2017 2018 $ 650 $ 679 400 Assets Current assets Cash Receivables Inventory Total Fixed assets Net plant...
VillaMaria Ltd provides you the following information that has been extracted from the financial statements. Cash assets Marketable securities Receivables Inventories Prepaid expenses Property, plant and equipment Current liabilities Revenue (sales on credit) Cost of sales 2017 $33 100 107 000 72 500 182 000 4 200 300 000 178 200 950 600 570 700 2016 $35 900 100 300 73 900 166 800 6 300 258 700 160 500 902 900 532 800 Required 1) Calculate the following for...
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