Homework Answers
how many dollars of sales are being generated from every dollar of fixed assets
Fixed asset turnover ratio = Net sales / Net Fixed assets
Fixed asset turnover ratio = 6220 / 3620 = 1.7182
For every 1 dollar of Fixed assets the firm generated 1.72 dollars of sales
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Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands)...
Use the following information to answer this question Bayside, Inc. 2017 Income Statement ($ in thousands)...
Use the following information to answer this question Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $5,790 4,150 325 $1,315 27 $1,288 386 $ 902 Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 2016 Cash Accounts rec. Inventory Total Net fixed assets Total assets 2017 $1,385 $1,335 540 3,190 3,210 810 1,060 $80 $ 185 Accounts payable...
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands)...
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $6,920 4,390 370 $2,160 36 $2,124 743 $1,381 Bayside, Inc 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 2017 $1,615 $1,990 640 3,300 3,110 910 1,160 2016 Cash Accounts rec. Inventory Total Net fixed assets Total assets $125 $ 230 Accounts payable 1,050...
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands)...
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $6,170 4,440 380 $1,350 38 $1,312 459 $ 853 Cash Accounts rec. Inventory Total Net fixed assets Total assets Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 $ 130 S 235 Accounts payable 1,070 912 Long-term debt 1,745 2,108 Common stock...
What is the return on equity for 2017? the following information to answer this question. Bayside,...
What is the return on equity for 2017?
the following information to answer this question. Bayside, Ind. 2017 Income Statement ( in thousands) $6,190 4,650 445 et sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $1,095 40 $1,055 317 $ 738 Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 $1,805$1,825 900700 3,420 3,370 970 1,220 2016 2017 s 160 265 Accounts payable Cash Accounts rec Inventory...
Previous NextOptions v Use the following information to answer this question. Bayside, Inc. 2010 Income Statement...
Previous NextOptions v Use the following information to answer this question. Bayside, Inc. 2010 Income Statement ($ in thousands et sales ess: Cost of goods sold $6,270 4,790 Less: Depreciation arnings before interest and taxes ess: Interest paid axable Income ess: Taxes Net income 1,06 S 1,01 $ 658 35 Bayside, Inc. 2009 and 2010 Balance Sheets ($ in thousands) 2009 2010 2009 2010 Cash Accounts rec nventory $ 16 5 $ 270Accounts payable 1,210 1.88 1,810 $ 1,910 1050...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions)...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 10,500 Cost of goods sold 8,200 Depreciation 495 Earnings before interest and taxes $ 1,805 Interest paid 110 Taxable income $ 1,695 Taxes 593 Net income $ 1,102 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $ 330 $ 365 Accounts payable $ 1,760 $ 2,030 Accounts rec. 1,210 1,110 Long-term debt 1,120...
Use the following information to answer this question Windswept, Inc. 2017 Income Statement (ş in millions)...
Use the following information to answer this question Windswept, Inc. 2017 Income Statement (ş in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $10,050 7,950 370 $ 1,730 100 $ 1,630 489 $ 1,141 Windswept, Inc. 2016 and 2017 Balance Sheets (ş in millions) 2017 2016 2017 $1,570 $1,852 1,070 1,258 3,360 3,030 900 2016 Cash Accounts rec. Inventory Total Net fixed assets Total assets $ 280 $...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions)...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $9, 100 7,500 365 $1,235 95 $1,140 399 $ 741 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 180 $ 210 Accounts payable 1, 000 900 Long-term debt Cash Accounts rec. < Prev 39 of 50 ! Next acer Taxes...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions)...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes $10,020 8,110 500 $ 1,410 118 $ 1,292 452 $ 840 Net income Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 300 $ 330 Accounts payable 1,140 1,040 Long-term debt 2,020 1,800...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions)...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $10,500 8,200 435 $ 1,865 110 $ 1,75!5 614 $ 1,141 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2017 2016 2016 2017 $1,780 $2,037 1,120,433 3,460 3,080 950 $ 320 $ 350 Accounts payable Cash Accounts rec. Inventory Total Net fixed assets...
Use the following information to answer this question Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $5,790 4,150 325 $1,315 27 $1,288 386 $ 902 Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 2016 Cash Accounts rec. Inventory Total Net fixed assets Total assets 2017 $1,385 $1,335 540 3,190 3,210 810 1,060 $80 $ 185 Accounts payable...
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $6,920 4,390 370 $2,160 36 $2,124 743 $1,381 Bayside, Inc 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 2017 $1,615 $1,990 640 3,300 3,110 910 1,160 2016 Cash Accounts rec. Inventory Total Net fixed assets Total assets $125 $ 230 Accounts payable 1,050...
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $6,170 4,440 380 $1,350 38 $1,312 459 $ 853 Cash Accounts rec. Inventory Total Net fixed assets Total assets Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 $ 130 S 235 Accounts payable 1,070 912 Long-term debt 1,745 2,108 Common stock...
What is the return on equity for 2017?
the following information to answer this question. Bayside, Ind. 2017 Income Statement ( in thousands) $6,190 4,650 445 et sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $1,095 40 $1,055 317 $ 738 Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 $1,805$1,825 900700 3,420 3,370 970 1,220 2016 2017 s 160 265 Accounts payable Cash Accounts rec Inventory...
Previous NextOptions v Use the following information to answer this question. Bayside, Inc. 2010 Income Statement ($ in thousands et sales ess: Cost of goods sold $6,270 4,790 Less: Depreciation arnings before interest and taxes ess: Interest paid axable Income ess: Taxes Net income 1,06 S 1,01 $ 658 35 Bayside, Inc. 2009 and 2010 Balance Sheets ($ in thousands) 2009 2010 2009 2010 Cash Accounts rec nventory $ 16 5 $ 270Accounts payable 1,210 1.88 1,810 $ 1,910 1050...
Use the following information to answer this question Windswept, Inc. 2017 Income Statement (ş in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $10,050 7,950 370 $ 1,730 100 $ 1,630 489 $ 1,141 Windswept, Inc. 2016 and 2017 Balance Sheets (ş in millions) 2017 2016 2017 $1,570 $1,852 1,070 1,258 3,360 3,030 900 2016 Cash Accounts rec. Inventory Total Net fixed assets Total assets $ 280 $...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $9, 100 7,500 365 $1,235 95 $1,140 399 $ 741 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 180 $ 210 Accounts payable 1, 000 900 Long-term debt Cash Accounts rec. < Prev 39 of 50 ! Next acer Taxes...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes $10,020 8,110 500 $ 1,410 118 $ 1,292 452 $ 840 Net income Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 300 $ 330 Accounts payable 1,140 1,040 Long-term debt 2,020 1,800...
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $10,500 8,200 435 $ 1,865 110 $ 1,75!5 614 $ 1,141 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2017 2016 2016 2017 $1,780 $2,037 1,120,433 3,460 3,080 950 $ 320 $ 350 Accounts payable Cash Accounts rec. Inventory Total Net fixed assets...
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