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from Question 8-18 Thank you
-Test (Quick Ratio d. Selling Expenses Horizontal comment one or two...
from 13-20 Thank you Apperciate it they choos htsP wy ate oe Prie Eamnge Ratio Page...
from 13-20 Thank you Apperciate it
they choos htsP wy ate oe Prie Eamnge Ratio Page 2 of s Comparative financial statements for ABC, a merchandising company for the calendar year ended 12/31/18 are below. The Company did not issue any new common stock during the year. A total of 800,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%o, the income tax rate was 40% and the dividend per share of common stock...
thank you i reslly apperciate it!! Page 2 of s Graded problem Chapter 14- Financial Accounting...
thank you i reslly apperciate it!!
Page 2 of s Graded problem Chapter 14- Financial Accounting Comparative financial statements for ABC, a merchandising company for the calendar year ended 12/31/18 are below. The Company did not issue any new common stock during the year. A total of 800,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%, the income tax rate was 40% and the dividend per share of common stock was $.40. The...
f.Briefly comment on your results in d. and e. ABC COMPANY Comparative Balance Sheet (dollars in...
f.Briefly comment on your results in d. and e. ABC COMPANY Comparative Balance Sheet (dollars in thousands) Last Year This Year Assets Current assets: 1,560 1,280 Cash 12,300 9,100 8,200 2,100 Accounts receivable, net 9,700 Inventory Prepaid expenses 1,800 20,960 Total current assets 25,080 Property and equipment: 6,000 Land 6,000 19,000 Buildings and equipment, net 19,200 25,000 Total property and equipment 25,200 Total assets 45,960 50,280 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 9,500 8,300 Accrued liabilities 600...
prepaid expenses = $50,000 Problem 3 Calculate the following information: 1. Quick ratio 2. Accounts receivable...
prepaid expenses = $50,000
Problem 3 Calculate the following information: 1. Quick ratio 2. Accounts receivable turnover ratio 3. Net return on total assets 4. Total liabilities to total assets ratio 5. Times interest earned ratio 6. Return on sales 7. Return on equity Sales: $750,000 Cash: $50,000 Inventory: $150,000 Common Stock: $100,000 Accounts Payable: $100,000 Prepaid expenses: $50,000 Long term debt: $200,000 Land and Building: $500,000 Operating Income: $450,000 Taxes: $200,000 Accounts Receivable: $70,000 Retained Earnings: $400,000 Cost of...
(prepaid expenses are $50,000) Problem 3 Calculate the following information: 1. Quick ratio 2. Accounts receivable...
(prepaid expenses are $50,000)
Problem 3 Calculate the following information: 1. Quick ratio 2. Accounts receivable turnover ratio 3. Net return on total assets 4. Total liabilities to total assets ratio 5. Times interest earned ratio 6. Return on sales 7. Return on equity Sales: $750,000 Cash: $50,000 Inventory: $150,000 Common Stock: $100,000 Accounts Payable: $100,000 Prepaid expenses: $50,000 Long term debt: $200,000 Land and Building: $500,000 Operating Income: $450,000 Taxes: $200,000 Accounts Receivable: $70,000 Retained Earnings: $400,000 Cost of...
Required: 1. Calculate the following six (6) ratios: Current Ratio, Quick Ratio, Receivables Turnover Ratio, Inventory...
Required: 1. Calculate the following six (6) ratios: Current Ratio, Quick Ratio, Receivables Turnover Ratio, Inventory Turnover Ratio, Profit Margin Ratio and Debt to Assets Ratio. Be sure to show the actual calculation as well as your final answer You are only required to calculate the ratios for 2017, however, for two of the ratios (Receivables Turnover Ratio and Inventory Turnover Ratio), you will need data from 2016 for the formula When calculating the Quick Ratio, please note that Short-Term...
Problem 3 Calculate the following information: 1. Quick ratio 2. Accounts receivable turnover ratio 3. Net...
Problem 3 Calculate the following information: 1. Quick ratio 2. Accounts receivable turnover ratio 3. Net return on total assets 4. Total liabilities to total assets ratio 5. Times interest earned ratio 6. Return on sales 7. Return on equity Sales: $750,000 Cash: $50,000 Inventory: $150,000 Common Stock: $100,000 Accounts Payable: $100,000 Prepaid expenses: $30,000 so, sou Long term debt: $200,000 Land and Building: $500,000 Operating Income: $450,000 Taxes: $200,000 Accounts Receivable: $70,000 Retained Earnings: $400,000 Cost of Sales: $300,000...
Long-term debt ratio Times interest earned Current ratio Quick ratio Cash ratio Inventory turnover Average collection...
Long-term debt ratio Times interest earned Current ratio Quick ratio Cash ratio Inventory turnover Average collection period 0.6 5.0 73 days Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Turnover and the average collection period are calculated using start-of-year, not average, values. (Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal places.) INCOME STATEMENT (Figures in $ millions) Net sales...
calculate ROA ROE gross profit margin quick ratio debt to equity ratio inventory turnover calculate 2018...
calculate
ROA
ROE
gross profit margin
quick ratio
debt to equity ratio
inventory turnover
calculate 2018 and 2019
1. ROA 2.DE 3. Groos profit 4. Quick ratio. 5. Debt to equity ratio: 6. Inventory turnover. nogin Eligibler Net Income = Total Revene- Total Expense. Total Assets = Liabilities + Owner's Equity Gross protit margin = (sales - rest of guels sodel/sales. 1. ROA 2. ROE 4. Quick ratio. 5. Debt to equity ratio. 6. Inventay turnover. 3. Gross protit Margin...
Sales revenue Cost of goods sold Gross profit Selling, general, and administrative expenses Loss on sales...
Sales revenue Cost of goods sold Gross profit Selling, general, and administrative expenses Loss on sales of securities Income before interest and taxes Interest expense Income before taxes Income tax expense Net income Retained earnings, January 1, 2017 $542,825 (435,550) $107,275 $(65,830) (310) $41,135 (9,220) $31,915 (12,766) $19,149 58,615 $77,764 (12,149) $65,615 Dividends paid on common stock Retained earnings, December 31, 2017 December 31, 2016 Heartland Inc. Comparative Statements of Financial Position (thousands omitted) December 31, 2017 Assets Current assets:...
from 13-20 Thank you Apperciate it
they choos htsP wy ate oe Prie Eamnge Ratio Page 2 of s Comparative financial statements for ABC, a merchandising company for the calendar year ended 12/31/18 are below. The Company did not issue any new common stock during the year. A total of 800,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%o, the income tax rate was 40% and the dividend per share of common stock...
thank you i reslly apperciate it!!
Page 2 of s Graded problem Chapter 14- Financial Accounting Comparative financial statements for ABC, a merchandising company for the calendar year ended 12/31/18 are below. The Company did not issue any new common stock during the year. A total of 800,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%, the income tax rate was 40% and the dividend per share of common stock was $.40. The...
f.Briefly comment on your results in d. and e. ABC COMPANY Comparative Balance Sheet (dollars in thousands) Last Year This Year Assets Current assets: 1,560 1,280 Cash 12,300 9,100 8,200 2,100 Accounts receivable, net 9,700 Inventory Prepaid expenses 1,800 20,960 Total current assets 25,080 Property and equipment: 6,000 Land 6,000 19,000 Buildings and equipment, net 19,200 25,000 Total property and equipment 25,200 Total assets 45,960 50,280 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 9,500 8,300 Accrued liabilities 600...
prepaid expenses = $50,000
Problem 3 Calculate the following information: 1. Quick ratio 2. Accounts receivable turnover ratio 3. Net return on total assets 4. Total liabilities to total assets ratio 5. Times interest earned ratio 6. Return on sales 7. Return on equity Sales: $750,000 Cash: $50,000 Inventory: $150,000 Common Stock: $100,000 Accounts Payable: $100,000 Prepaid expenses: $50,000 Long term debt: $200,000 Land and Building: $500,000 Operating Income: $450,000 Taxes: $200,000 Accounts Receivable: $70,000 Retained Earnings: $400,000 Cost of...
(prepaid expenses are $50,000)
Problem 3 Calculate the following information: 1. Quick ratio 2. Accounts receivable turnover ratio 3. Net return on total assets 4. Total liabilities to total assets ratio 5. Times interest earned ratio 6. Return on sales 7. Return on equity Sales: $750,000 Cash: $50,000 Inventory: $150,000 Common Stock: $100,000 Accounts Payable: $100,000 Prepaid expenses: $50,000 Long term debt: $200,000 Land and Building: $500,000 Operating Income: $450,000 Taxes: $200,000 Accounts Receivable: $70,000 Retained Earnings: $400,000 Cost of...
Required: 1. Calculate the following six (6) ratios: Current Ratio, Quick Ratio, Receivables Turnover Ratio, Inventory Turnover Ratio, Profit Margin Ratio and Debt to Assets Ratio. Be sure to show the actual calculation as well as your final answer You are only required to calculate the ratios for 2017, however, for two of the ratios (Receivables Turnover Ratio and Inventory Turnover Ratio), you will need data from 2016 for the formula When calculating the Quick Ratio, please note that Short-Term...
Problem 3 Calculate the following information: 1. Quick ratio 2. Accounts receivable turnover ratio 3. Net return on total assets 4. Total liabilities to total assets ratio 5. Times interest earned ratio 6. Return on sales 7. Return on equity Sales: $750,000 Cash: $50,000 Inventory: $150,000 Common Stock: $100,000 Accounts Payable: $100,000 Prepaid expenses: $30,000 so, sou Long term debt: $200,000 Land and Building: $500,000 Operating Income: $450,000 Taxes: $200,000 Accounts Receivable: $70,000 Retained Earnings: $400,000 Cost of Sales: $300,000...
Long-term debt ratio Times interest earned Current ratio Quick ratio Cash ratio Inventory turnover Average collection period 0.6 5.0 73 days Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Turnover and the average collection period are calculated using start-of-year, not average, values. (Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal places.) INCOME STATEMENT (Figures in $ millions) Net sales...
calculate
ROA
ROE
gross profit margin
quick ratio
debt to equity ratio
inventory turnover
calculate 2018 and 2019
1. ROA 2.DE 3. Groos profit 4. Quick ratio. 5. Debt to equity ratio: 6. Inventory turnover. nogin Eligibler Net Income = Total Revene- Total Expense. Total Assets = Liabilities + Owner's Equity Gross protit margin = (sales - rest of guels sodel/sales. 1. ROA 2. ROE 4. Quick ratio. 5. Debt to equity ratio. 6. Inventay turnover. 3. Gross protit Margin...
Sales revenue Cost of goods sold Gross profit Selling, general, and administrative expenses Loss on sales of securities Income before interest and taxes Interest expense Income before taxes Income tax expense Net income Retained earnings, January 1, 2017 $542,825 (435,550) $107,275 $(65,830) (310) $41,135 (9,220) $31,915 (12,766) $19,149 58,615 $77,764 (12,149) $65,615 Dividends paid on common stock Retained earnings, December 31, 2017 December 31, 2016 Heartland Inc. Comparative Statements of Financial Position (thousands omitted) December 31, 2017 Assets Current assets:...
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