Question 2
Using the financial information below, calculate company XYZ's 2017 Liabilities to Shareholder Equity ratio. Enter your answer as a decimal with four places of precision (i.e. 0.1234).
Liabilities to shareholders equity ratio = Total liabilities / Total Equity
From the given data Total liabilities = Account Payable+ Deferred Revenue+Net note payable
Total Equity = Common Stock + Retained Earnings
Total Liabilities = 5000+1000+ 10000-800 = 15200
Total Equity = 12,000+4,800 = 16,800
Ratio = 15,200 / 16,800 = .9047
Question 2 Using the financial information below, calculate company XYZ's 2017 Liabilities to Shareholder Equity ratio....
Question 9 Using the financial information below, calculate company XYZ's 2017 Liabilities to Assets ratio. Enter your answer as a decimal with three places of precision (i.e. 0.123).
Question 11 Using the financial information below, calculate company XYZ's ROA (adjusted for debt financing). Enter your answer as a decimal with four places of precision (i.e. 0.1234).
Question 8 Using the financial information below, calculate company XYZ's asset turnover. Enter your answer as a number with two places of precision (i.e. 1.23).
Using the financial information below, calculate company XYZ's Altman Z score. Enter your answer as a number with three decimal places of precision (i.e. 1.234).
NWC ratio and Debt-equity ratio?
Birtle Corporation reports the following statement of financial position information for 2017 and 2018. Assets 2018 Current assets Cash Accounts receivable Inventory Total $ 43,805 16,843 BIRTLE CORPORATION 2017 and 2018 Statement of Financial Position Liabilities and Owners' Equity 2017 2018 2017 Current liabilities $ 9,279 $ 11,173 Accounts payable $ 41,060 23,683 25,760 Notes payable 16,157 42,636 46,915 $ 75,598 $ 83, 848 Total $ 57,217 Long-term debt $ 40,000 Owners' equity $272,047 $297,967...
Assets 2017 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities 12.750 Accounts payable $ 50,000 14,250 Notes payable 19,000 95,250 $ Current assets Cash Accounts receivable Inventory $ 6,600 12,200 78,200 $ 68,750 35,500 Total $ 97,000 $ 122,250 Total $ 69,000 $ 48,000 $ 104,250 $ 45,000 Long-term debt Owners' equity Common stock and paid-in $ 50.000 surplus Retained earnings 233,000 $ 50,000 300,750 Total $ 97,000 $ 122,250...
Birtle Corporation reports the following statement of financial position information for 2017 and 2018. Assets 2017 2017 2018 S Current assets Cash Accounts receivable Inventory Total $ 43, 805 16, 843 9, 279 23, 683 42.636 $ 75,598 BIRTLE CORPORATION 2017 and 2018 Statement of Financial Position Liabilities and Owners' Equity 2018 Current liabilities $ 11, 173 Accounts payable $ 41,060 25, 760 Notes payable 16, 157 46, 915 $ 83, 848 Total $ 57, 217 Long-term debt $ 40,000...
Sandhill Supply Company Balance Sheet as of June 30, 2017($ thousands) Assets: Liabilities and Equity: Cash and marketable $396,000 Accounts payable $820,000 109,000 41,300 $970,300 1,177,000 $2,147,300 1,318,000 819,100 $2,137,100 $4,284,400 securities Accounts receivable Inventory Other current assets 711,200 Notes payable 1,156,000Accrued income taxes 42,200 Total current liabilities Total current assets $2,305,400 Long-term debt Net plant and equipment Total liabilities Common stock Retained earnings 1,979,000 Total common equity Total assets $4,284,400 Total liabilities and equity Using the 2017 data for...
The financial information below presents selected information from the financial statements of Pelican Company. Sales revenue during the current year was $13,300,300 and cost of goods sold was $8,915,195. All of Pelican's sales are made on account and are due within 30 days. Current Year Prior Year Cash and cash equivalents 639,780 572,330 Accounts receivable 4,750,000 3,820,000 940,360 1,283,440 8,180,100 11,000,000 6,176,000 8,280,700 Inventory Total current assets 8,200,030 11,120,020 7,900,300 8,469,900 Total assets Total current liabilities Total liabilities Calculate the...
Korbin Company
Required information [The following information applies to the questions displayed below.] Selected comparative financial statements of Korbin Company follow: KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2017, 2016, and 2015 2017 2016 2015 Sales Cost of goods sola Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income taxes Net income $ 410,810 247,308 163,502 58,335 36,973 95,308 68,194 12,684 $ 55,510 314,714 $ 218,400 139,776 78,624 28,829 18,127 46,956 31,668 6,429 34,777$...