Answer 5: e. The total debt is understated.
Explanation: Lease is consider as liability . If lease are included in notes rather than in financial statement . The total liability or debt is understated
Answer 6: c. Pension benefit obligations.
Explanation : Pension benefit obligations are liability for employer that represents a definite commitment to pay out funds in the future
Answer 7: e. revenue.
Explanation: Net profit margin = Net profit / Sales or revenue.
Answer 8:e . sales
Explanation: Asset turnover helps to analysis that how efficient a firm uses its assets to generate sales.
please help S.If a firm has substantial capital or financing leases disclosed in the notes but...
35) Which one of the following account groups normally has a debit balance? A) Habilities and revenues B) revenues and expenses C) assets and liabilities D) assets and expenses 36) The accountant for Eagle Financial Services, Inc. failed to make an adjusting entry to record $3,000 of telephone expenses incurred in the last two months of the year but unpaid at year-end. Which of the following statements is true? A) The total assets will be overstated. B) The total liabilities...
please help
14. Noncontrolling interest share of earnings is: a camings based on the percent of holdings by minority owners of consolidated subsidiaries. b. earnings based on the percent of holdings by parent company of unconsolidated subsidiaries c. the total carnings of consolidated subsidiaries. d carings based on the percent of holdings by creditors. e camings based on the percent of holdings by parent company of consolidated subsidiaries. 15. Which of the following would most likely cause a rise in...
The balance sheet and disclosure of significant accounting
policies taken from the 2017 annual report of Walmart
The balance sheet and disclosure of significant accounting policies taken from the 2017 annual report of Walmart Stores Inc. appear below. Use this information to answer the following questions: WAL-MART STORES, INC. Consolidated Balance Sheets ($ in millions except per share data) As of January 31, 2017 2016 $ 6,867 $ 8,705 5,835 5,624 43,046 44,469 1.941 1.441 57.68960, 239 179,492 (71,782) 107,71€...
Discontinued operations 10.03) 0.01 0.01 0.01 0.01 Net earnings per share $ 150 $ 1.70 $ 1.47 $ 1.38 $ 1.26 prin lease patients were all $10.000, 2010, 527,000, 2009, 528,500, 200, 50,DUDE 2007, $27.000 dollar in thousandu) P 7-11 Required Answer the following multiple choice questions: Which of the following ratios can be used as a guide to a firm's ability to carry debt from an income perspective? 1. Debt ratio 2. Debt to tangible net worth 3. Debt/equity...
The balance sheet and disclosure of significant accounting policies taken from the 2017 annual report of Walmart Stores Inc. appear below. Use this information to answer the following questions: WAL-MART STORES, INC. Consolidated Balance Sheets ($ in millions except per share data) As of January 31, 2017 2016 Book $ 6,867 $ 8, 705 5,8355 .624 43,046 44,469 1,941 1,441 57,689 60,239 erences 179, 492 (71,782) 107,710 176,958 (66,787) 110,171 Assets Current assets Cash and cash equivalents Receivables (net) Inventories...
29. Webb Bank has a composite CAMELS rating of 2, a total risk-based capital ratio of 10.2 percent, a Tier 1 risk-based capital ratio of 6.2 percent, a CET1 leverage ratio of 5.0 percent, and a Tier I leverage ratio of 4.8 percent. What deposit insurance risk category does the bank fall into, and assuming the DIF reserve ratio is currently 1.20 percent, what is the bank’s deposit insurance assessment rate? Two depository institutions have composite CAMELS ratings of 1...
Real World Case 3-7 (Static) Balance sheet and significant accounting policies disclosure; Walmart (LO3- 2, 3-3, 3-4, 3-8] The balance sheet and disclosure of significant accounting policies taken from the 2017 annual report of Walmart Stores Inc. appear below. Use this information to answer the following questions: WAL-MART STORES, INC. Consolidated Balance Sheets ($ in millions except per share data) As of January 31, 2017 2016 $ $ 6,867 5,835 43,046 1,941 8,705 5,624 44,469 1,441 60,239 57,689 179,492 (71,...
PLEASE HELP!
Problem 15-15 Comprehensive Ratio Analysis [LO15-2, LO15-3,
LO15-4, LO15-5, LO15-6]
You have just been hired as a financial analyst for Lydex
Company, a manufacturer of safety helmets. Your boss has asked you
to perform a comprehensive analysis of the company’s financial
statements, including comparing Lydex’s performance to its major
competitors. The company’s financial statements for the last two
years are as follows:
Lydex Company
Comparative Balance Sheet
This Year
Last Year
Assets
Current assets:
Cash
$
900,000
$...
capital structure. How signal 13 C UMUT 6. A relatively young firm has capital components valued at book and market and market component costs as follows. No new securities have been issued since the firm was originally capitalized. Value Component Market Book Cost Debt $42,830 $40,000 8.5% Preferred stock 10,650 10,000 10.6 Common equity 65,740 32,000 25.3 a. Calculate the firm's capital structures and WACCs based on both book and market values, ar compare the two b. What appears to...
Help on my Finance homework please! Integrative: Complete ratio analysis Given the following financial statements, historical ratios, and industry averages, calculate Sterling Company’s financial ratios for the most recent year. (Assume a 365-day year.) Sterling Company Income Statement for the Year Ended December 31, 2019 Sales revenue $10,000,000 Less: Cost of goods sold 7,500,000 Gross profits $ 2,500,000 Less: Operating expenses Selling expense $ 300,000 General and administrative expenses 650,000 Lease expense 50,000 Depreciation expense...