Please include the steps. (calculate for 2010 & 2011)
Homework Answers
3 a. Working Capital in 2010=Total Current Assets 2010-Total
Current Liabilities 2010 =41678-20722 =20956
Working Capital in 2011=Total Current Assets 2011-Total Current
Liabilities 2011 =44988-27970 =17018
b. Current Ratio in 2010=Total Current Assets 2010/Total Current
Liabilities 2010 =41678/20722 =2.01
Current Ratio in 2011=Total Current Assets 2011/Total Current
Liabilities 2011 =44988/27970 =1.61
c. Acid Test Ratio in 2010=(Total Current Assets
-Inventories)/Current liabilities =(41678-1051)/20722=1.96
Acid Test Ratio in 2011=(Total Current Assets -Inventories)/Current
liabilities =(44988-776)/27970=1.58
d. Accounts Receivable Turnover in 2010 =(COGS/Account Receivable
2010
Accounts Receivable Turnover in 2011 =(COGS)/Account Receivable
2011
For this income statement required
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Please include the steps. (calculate for 2010 &
2011)
Annual Datal Millions of US $ except...
Please include steps. (calculate for 2010 & 2011) E E E E E E E E...
Please include steps. (calculate for 2010 & 2011)
E E E E E E E E E E E EE E E E E Annual Data Millions of US $ except per share data 2011-09-30 2010-09-30 Cash On Hand $25,952 $25,620 Notes And Loans Receivable Inventory $776 $1,051 Other Current Assets $4,529 $3,447 Total Current Assets $44,988 $41,678 Property, Plant, And Equipment $7,777 $4,768 Long-Term Investments $55,618 $25,391 Goodwill And Intangible Assets $4,432 $1,083 Other Long-Term Assets $3,556 $2,263 Total...
Please include steps. (calculate for both 2010 & 2011) I have attached all financial statements Annual...
Please include steps. (calculate for both 2010 &
2011)
I have attached all financial statements
Annual Data 1 Millions of US $ except per share data 2011-09-30 2010-09-30 2009 Revenue Cost Of Goods Sold Gross Profit $108,249 $64,431 $43,818 $2,429 $7,599 $65,225 $39,541 $25,684 $1,782 $5,517 $74,459 $33,790 $415 $34,205 $8,283 $25,922 EEEEE EE EE E E E E E E E E E E Research And Development Expenses SG&A Expenses Other Operating Income Or Expenses Operating Expenses Operating Income...
Consolidated Statements of Earnings For Fiscal Years Ended ($ millions) February 26, 2011 February 27, 2010...
Consolidated Statements of Earnings For Fiscal Years Ended ($ millions) February 26, 2011 February 27, 2010 February 28, 2009 Revenue 50.272 $ 49,694 $ 45,015 Cost of goods sold 37 611 37,534 34,017 Restructuring charges - cost of goods sold Gross Profit 12,637 12,160 10,998 Selling general and administrative expenses 10.325 9,873 Restructuring charges Goodwill and tradename impairment Operating income 2,235 1,870 Other income (expense) Investment income and other 54 Investment impairment (111) Interest expense (94) Earnings before income tax...
Apple Inc. Apple Inc. designs, manufactures, and markets personal computers, mobile communication devices, and portable digital...
Apple Inc. Apple Inc. designs, manufactures, and markets
personal computers, mobile communication devices, and portable
digital music and video players and sells a variety of related
software, services, peripherals, and networking solutions. The
Company sells its products worldwide through its online stores, its
retail stores, its direct sales force, and third-party wholesalers,
resellers, and value-added resellers. Your parents are considering
investing in Apple Inc. common stock. They ask you, as an
accounting expert, to make an analysis of the company...
Balance Sheet Feb. 26, 2011 Feb. 27, 2010 (S millions) Cash and cash equivalents Short-term inves...
We were unable to transcribe this imageBalance Sheet Feb. 26, 2011 Feb. 27, 2010 (S millions) Cash and cash equivalents Short-term investments Receivables 1,103 1,826 90 2,020 2,348 5,897 1,103 10,473 Merchandise inventories Other current assets Total current assets Property and equipment Land and buildings Leasehold improvements Fixtures and equipment Property under capital lease Gross property and equipment Less accumulated depreciation Net property and equipment 5,486 1,144 10,566 766 2,318 4,701 120 7,905 4,082 3,823 2,454 133 203 328 435...
The following balance sheet information (in $ millions) comes from the Annual Report to Shareholders of...
The following balance sheet information (in $ millions) comes
from the Annual Report to Shareholders of Hotel California for the
2013 fiscal year. (Certain amounts have been replaced with question
marks to test your understanding of balance sheets.) In addition,
you’re provided with the following information from an analysis of
Hotel California’s financial position at the same date:
Current ratio = 4.78
Acid-test ratio = 0.968
Debt-to-equity ratio = 1.35
Compute the missing amounts (rounded to the nearest $ in...
create a contingency table for gpa Balance Sheet: 2011 2010 2011 2010 Cash and equivalents 9,000...
create a contingency table for gpa
Balance Sheet: 2011 2010 2011 2010 Cash and equivalents 9,000 10,800 13,000 Accounts payable 14,000 6,700 Accounts receivable 5,150 Notes payable 30,000 25,000 6,000 28.125 Inventories 7.600 21.000 Accruals 72,125 Total current assets Total current abilities 25,100 59,000 47.000 20,150 15,000 50,000 Net fixed assets 15,000 Long-term debt Total debt 40,100 35,150 Common stock 50,000 50,000 Retained earnings 32,025 20,850 Total equity 82.925 70,850 106,000 Total assets 122,125 106,000 Total liab, and equity 122,125...
SMOLIRA GOLF 2011 and 2012 Balance Sheets Liabilities and Owners' Equity 2011 Assets 2012 2012 2011...
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indings. P 8-5 Day Ko Incorporated presented the following comparative income statements for 2011 and 2010:...
indings. P 8-5 Day Ko Incorporated presented the following comparative income statements for 2011 and 2010: For the Years Ended 2011 2010 Net sales $1,589,150 22,334 1,611,484 $1,294,966 20,822 Other income 1,315,788 Costs and expenses: Material and manufacturing costs of products sold Research and development General and selling Interest Other 651,390 135,314 526,680 18,768 15,570 1,347,722 263,762 466,250 113,100 446,110 11,522 7,306 1,044,288 271,500 121,740 149,760 12,650 137,110 Earnings before income taxes and noncontrolling interest Provision for income taxes Earnings...
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As Reported Annual Balance Sheet Report Date 10/31/2011 Currency USD Audit Status Not Qualified Consolidated Yes Scale Thousands Cash & cash equivalents 80,886 Customer receivables, gross 144,364 Less: allowance for doubtful accounts 1,964 Customers receivables, net 142,400 Other receivables, net 5,740 Total receivables, net 148,140 Inventories, net 223,030 Prepaid expenses & other current assets 18,303 Deferred income taxes 62,523 Total current assets 532,882 Land & land improvements 26,776 Buildings & leasehold improvements 129,252 Machinery & equipment 434,796 Computer hardware &...
Please include steps. (calculate for 2010 & 2011)
E E E E E E E E E E E EE E E E E Annual Data Millions of US $ except per share data 2011-09-30 2010-09-30 Cash On Hand $25,952 $25,620 Notes And Loans Receivable Inventory $776 $1,051 Other Current Assets $4,529 $3,447 Total Current Assets $44,988 $41,678 Property, Plant, And Equipment $7,777 $4,768 Long-Term Investments $55,618 $25,391 Goodwill And Intangible Assets $4,432 $1,083 Other Long-Term Assets $3,556 $2,263 Total...
Please include steps. (calculate for both 2010 &
2011)
I have attached all financial statements
Annual Data 1 Millions of US $ except per share data 2011-09-30 2010-09-30 2009 Revenue Cost Of Goods Sold Gross Profit $108,249 $64,431 $43,818 $2,429 $7,599 $65,225 $39,541 $25,684 $1,782 $5,517 $74,459 $33,790 $415 $34,205 $8,283 $25,922 EEEEE EE EE E E E E E E E E E E Research And Development Expenses SG&A Expenses Other Operating Income Or Expenses Operating Expenses Operating Income...
Consolidated Statements of Earnings For Fiscal Years Ended ($ millions) February 26, 2011 February 27, 2010 February 28, 2009 Revenue 50.272 $ 49,694 $ 45,015 Cost of goods sold 37 611 37,534 34,017 Restructuring charges - cost of goods sold Gross Profit 12,637 12,160 10,998 Selling general and administrative expenses 10.325 9,873 Restructuring charges Goodwill and tradename impairment Operating income 2,235 1,870 Other income (expense) Investment income and other 54 Investment impairment (111) Interest expense (94) Earnings before income tax...
Apple Inc. Apple Inc. designs, manufactures, and markets
personal computers, mobile communication devices, and portable
digital music and video players and sells a variety of related
software, services, peripherals, and networking solutions. The
Company sells its products worldwide through its online stores, its
retail stores, its direct sales force, and third-party wholesalers,
resellers, and value-added resellers. Your parents are considering
investing in Apple Inc. common stock. They ask you, as an
accounting expert, to make an analysis of the company...
We were unable to transcribe this imageBalance Sheet Feb. 26, 2011 Feb. 27, 2010 (S millions) Cash and cash equivalents Short-term investments Receivables 1,103 1,826 90 2,020 2,348 5,897 1,103 10,473 Merchandise inventories Other current assets Total current assets Property and equipment Land and buildings Leasehold improvements Fixtures and equipment Property under capital lease Gross property and equipment Less accumulated depreciation Net property and equipment 5,486 1,144 10,566 766 2,318 4,701 120 7,905 4,082 3,823 2,454 133 203 328 435...
The following balance sheet information (in $ millions) comes
from the Annual Report to Shareholders of Hotel California for the
2013 fiscal year. (Certain amounts have been replaced with question
marks to test your understanding of balance sheets.) In addition,
you’re provided with the following information from an analysis of
Hotel California’s financial position at the same date:
Current ratio = 4.78
Acid-test ratio = 0.968
Debt-to-equity ratio = 1.35
Compute the missing amounts (rounded to the nearest $ in...
create a contingency table for gpa
Balance Sheet: 2011 2010 2011 2010 Cash and equivalents 9,000 10,800 13,000 Accounts payable 14,000 6,700 Accounts receivable 5,150 Notes payable 30,000 25,000 6,000 28.125 Inventories 7.600 21.000 Accruals 72,125 Total current assets Total current abilities 25,100 59,000 47.000 20,150 15,000 50,000 Net fixed assets 15,000 Long-term debt Total debt 40,100 35,150 Common stock 50,000 50,000 Retained earnings 32,025 20,850 Total equity 82.925 70,850 106,000 Total assets 122,125 106,000 Total liab, and equity 122,125...
SMOLIRA GOLF 2011 and 2012 Balance Sheets Liabilities and Owners' Equity 2011 Assets 2012 2012 2011 Current liabilities Current assets Cash Accounts receivable Inventory $ 23,184 12,000 11,571 $ 27,420 10,800 15,553 $ 24.255 15,235 27,155 Accounts payable Notes payable Other 24,046 12.448 25.392 $ 66,645 $ 46,755 $ 53.773 S 61.886 Total Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 80,000 $95,000 $ 40,000 219,826 $ 40,000 243,606 Fixed assets Net plant and...
indings. P 8-5 Day Ko Incorporated presented the following comparative income statements for 2011 and 2010: For the Years Ended 2011 2010 Net sales $1,589,150 22,334 1,611,484 $1,294,966 20,822 Other income 1,315,788 Costs and expenses: Material and manufacturing costs of products sold Research and development General and selling Interest Other 651,390 135,314 526,680 18,768 15,570 1,347,722 263,762 466,250 113,100 446,110 11,522 7,306 1,044,288 271,500 121,740 149,760 12,650 137,110 Earnings before income taxes and noncontrolling interest Provision for income taxes Earnings...
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