Homework Answers
E. 15
Inventory turnover ratio = Cost of goods sold / Inventory = $1,200,000 / $80,000 = 15
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QUESTION 41 Balance Sheet Cash & MS Receivables Inventones Fixed Assets 20,000 Accruals 30,000 Accounts Payable...
Pt 2 what is the inventory turnover? QUESTION 41 1 pa Balance Sheet 20,000 Accruals Cash...
Pt 2 what is the inventory turnover?
QUESTION 41 1 pa Balance Sheet 20,000 Accruals Cash & WS Receivables Fixed Assets Total Assets Annual Sales$1,500,00 ccounts Payable Notes Payable Inventones Net Income $60,000 Stock price = $60 What is the total asset turnover ratio of the firm/ tuse a 360-day year) 0.55 0.75 O 1.05 1.57 O 3.0 L Cuhmit to saue and submit. Click Save All Ans
Balance Sheet Accruals Cash& MS Receivables Inventories Fixed Assets 30,000 50,000 Accou Common Equity Annual Sales$1,500,000...
Balance Sheet Accruals Cash& MS Receivables Inventories Fixed Assets 30,000 50,000 Accou Common Equity Annual Sales$1,500,000 Net Income $60,000 Cost of Goods Sold-$1,200,000 Number of Shares Outstanding-20,000 OC What is the P/E multiple? O 9.5 O 11.1 15.0 18.0 20.0 QUESTION 48
Pt 2 what is the profit margin? QUESTION 43 1 points Balance Sheet Cash &Ms Receivables...
Pt 2 what is the profit margin?
QUESTION 43 1 points Balance Sheet Cash &Ms Receivables Inventories ts Payable 80,000 Notes Payable Fixed Assets otal Assets Annual Sales$1,500,000 ies Common Equity 280,000 ot Cost of Goods Sold-$1.200,000 Number of Shares Outstanding 20 000 Net Income $60,000 What is the days sales outstanding (DSO) of the firm? (Use a 360-day year.) O 12.0 days O 13.2 days 16.5 days O 22 days O 30.5 days Click Save and Submit to sawe...
For the next 6 questions suppose the following data Cash & M/S Receivables Inventories Fixed Assets...
For the next 6 questions suppose the following data Cash & M/S Receivables Inventories Fixed Assets Total Assets Balance Sheet 30,000 Accruals 70,000 Accounts Payable 120,000 Notes Payable 480,000L-TLiabilities 700,000 Common Equity 20,000 60,000 80,000 140,000 400 700 Total Annual Sales $1,400,000 Net Income$63,000 Number of Shares Outstanding 30 000 ost of Goods Sold $960,000 What is the current ratio of the firm? 1.225 O 1.375 O 1.875 O 1.905 O 2.145 We were unable to transcribe this imageWe were...
Remalning Time: 2 hours, 33 minutes, 36 seconds. Question Completion Status: For the next 6 questions...
Remalning Time: 2 hours, 33 minutes, 36 seconds. Question Completion Status: For the next 6 questions suppose the following data: Balance Sheet 30,000 Accruals 70,000 Accounts Payable Cash & MS Receivables Inventories Fixed Assets Total Assets 120,000 Notes Payable 480,000L-T Liabilities 700,000 Common Equity 20,000 60,000 80,000 140,000 400,000 700,000 Total Annual Sales $1,400,000 Cost of Goods Sold $960,000 Net Income$63,000 Number of Shares Outstanding 30,000 What is the current ratio of the firm? ○ 1225 0 1.375 O 1.875...
A firm has the following balance sheet: Assets Liabilities and Equity Cash 20,000 Accounts payable 20,000...
A firm has the following balance sheet: Assets Liabilities and Equity Cash 20,000 Accounts payable 20,000 Accounts receivable 163,000 Long-term debt 117,000 Inventory 75,000 Common stock ($10 par 30,000 3,000 shares outstanding) Plant and equipment 210,000 Additional paid-in capital 158,000 Retained earnings 143,000 $468,000 $468,000 a. Construct a new balance sheet showing the impact of a three-for-one split. If the current market price of the stock is $53, what is the price after the split Round the par value and...
A firm has the following balance sheet: Assets Liabilities and Equity Cash $ 20,000 Accounts payable...
A firm has the following balance sheet: Assets Liabilities and Equity Cash $ 20,000 Accounts payable 20,000 Acctunts receivable 163,000 Long-term debt Common stock ($10 par 117,000 Inventory 75,000 30,000 3.000 sharea outstanding) Additonal paid-in capital Retaned eamings Plant and equipment 210,000 158,000 143.000 $460,000 $468,000 a. Construct a new balanoe sheet showing the impact of a three for-ane splt. f the ourrent market price of the stock is $53, what the price after the split? Round the par value...
Landsbury Inc. Balance Sheet December 31, 2016 Assets Liabilities and Stockholders’ Equity Cash $20,000 Accounts payable...
Landsbury Inc. Balance Sheet December 31, 2016 Assets Liabilities and Stockholders’ Equity Cash $20,000 Accounts payable $30,000 Accounts receivable 21,200 Notes payable (long-term) 41,000 Investments 32,000 Common stock 100,000 Plant assets (net) 81,000 Retained earnings 23,200 Land 40,000 $194,200 $194,200 Lansbury Inc. sold part of its debt investment portfolio for $15,000. This transaction resulted in a gain of $3,400 for the firm. The company classifies its investments as available-for-sale. 2. A tract of land was purchased for $18,000 cash. 3....
Balance Sheet as of December 31, 2010 Cash Receivables Inventories S 180,000 Accounts payable 360,000Notes payable...
Balance Sheet as of December 31, 2010 Cash Receivables Inventories S 180,000 Accounts payable 360,000Notes payable S 360,000 156,000 180,000 720,000 Accruals $1,260,000 Total current liabilities S 696,000 1,800,000 204,000 Total liabilities and equity $2,700.00 Total current assets Fixed assets 1,440,000 Common stock Retained earnings Total assets $2,700,000 Income Statement for December 31, 2010 Sales Operating costs $3,600,000 3,279,720 S 320,280 18,280 S 302,000 120,800 S 181,200 S 108,000 EBIT Interest EBT Taxes (40%) Net income Dividends 3 9 48o...
FIN Company: Balance Sheet as of December 31 ($ million) $40 Cash Account receivables Inventories Total...
FIN Company: Balance Sheet as of December 31 ($ million) $40 Cash Account receivables Inventories Total current assets $40 $20 $100 $40 Account Payables ? Notes payable $160 Other current liabilities $310 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity $450 Total liabilities and equity $140 $114 ? Net fixed assets Total assets FIN Company: Income Statement for Year Ended December 31 ($ million) $800.0 Net sales Cost of goods sold (80% of net...
Pt 2 what is the inventory turnover?
QUESTION 41 1 pa Balance Sheet 20,000 Accruals Cash & WS Receivables Fixed Assets Total Assets Annual Sales$1,500,00 ccounts Payable Notes Payable Inventones Net Income $60,000 Stock price = $60 What is the total asset turnover ratio of the firm/ tuse a 360-day year) 0.55 0.75 O 1.05 1.57 O 3.0 L Cuhmit to saue and submit. Click Save All Ans
Balance Sheet Accruals Cash& MS Receivables Inventories Fixed Assets 30,000 50,000 Accou Common Equity Annual Sales$1,500,000 Net Income $60,000 Cost of Goods Sold-$1,200,000 Number of Shares Outstanding-20,000 OC What is the P/E multiple? O 9.5 O 11.1 15.0 18.0 20.0 QUESTION 48
Pt 2 what is the profit margin?
QUESTION 43 1 points Balance Sheet Cash &Ms Receivables Inventories ts Payable 80,000 Notes Payable Fixed Assets otal Assets Annual Sales$1,500,000 ies Common Equity 280,000 ot Cost of Goods Sold-$1.200,000 Number of Shares Outstanding 20 000 Net Income $60,000 What is the days sales outstanding (DSO) of the firm? (Use a 360-day year.) O 12.0 days O 13.2 days 16.5 days O 22 days O 30.5 days Click Save and Submit to sawe...
For the next 6 questions suppose the following data Cash & M/S Receivables Inventories Fixed Assets Total Assets Balance Sheet 30,000 Accruals 70,000 Accounts Payable 120,000 Notes Payable 480,000L-TLiabilities 700,000 Common Equity 20,000 60,000 80,000 140,000 400 700 Total Annual Sales $1,400,000 Net Income$63,000 Number of Shares Outstanding 30 000 ost of Goods Sold $960,000 What is the current ratio of the firm? 1.225 O 1.375 O 1.875 O 1.905 O 2.145 We were unable to transcribe this imageWe were...
Remalning Time: 2 hours, 33 minutes, 36 seconds. Question Completion Status: For the next 6 questions suppose the following data: Balance Sheet 30,000 Accruals 70,000 Accounts Payable Cash & MS Receivables Inventories Fixed Assets Total Assets 120,000 Notes Payable 480,000L-T Liabilities 700,000 Common Equity 20,000 60,000 80,000 140,000 400,000 700,000 Total Annual Sales $1,400,000 Cost of Goods Sold $960,000 Net Income$63,000 Number of Shares Outstanding 30,000 What is the current ratio of the firm? ○ 1225 0 1.375 O 1.875...
A firm has the following balance sheet: Assets Liabilities and Equity Cash 20,000 Accounts payable 20,000 Accounts receivable 163,000 Long-term debt 117,000 Inventory 75,000 Common stock ($10 par 30,000 3,000 shares outstanding) Plant and equipment 210,000 Additional paid-in capital 158,000 Retained earnings 143,000 $468,000 $468,000 a. Construct a new balance sheet showing the impact of a three-for-one split. If the current market price of the stock is $53, what is the price after the split Round the par value and...
A firm has the following balance sheet: Assets Liabilities and Equity Cash $ 20,000 Accounts payable 20,000 Acctunts receivable 163,000 Long-term debt Common stock ($10 par 117,000 Inventory 75,000 30,000 3.000 sharea outstanding) Additonal paid-in capital Retaned eamings Plant and equipment 210,000 158,000 143.000 $460,000 $468,000 a. Construct a new balanoe sheet showing the impact of a three for-ane splt. f the ourrent market price of the stock is $53, what the price after the split? Round the par value...
Balance Sheet as of December 31, 2010 Cash Receivables Inventories S 180,000 Accounts payable 360,000Notes payable S 360,000 156,000 180,000 720,000 Accruals $1,260,000 Total current liabilities S 696,000 1,800,000 204,000 Total liabilities and equity $2,700.00 Total current assets Fixed assets 1,440,000 Common stock Retained earnings Total assets $2,700,000 Income Statement for December 31, 2010 Sales Operating costs $3,600,000 3,279,720 S 320,280 18,280 S 302,000 120,800 S 181,200 S 108,000 EBIT Interest EBT Taxes (40%) Net income Dividends 3 9 48o...
FIN Company: Balance Sheet as of December 31 ($ million) $40 Cash Account receivables Inventories Total current assets $40 $20 $100 $40 Account Payables ? Notes payable $160 Other current liabilities $310 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity $450 Total liabilities and equity $140 $114 ? Net fixed assets Total assets FIN Company: Income Statement for Year Ended December 31 ($ million) $800.0 Net sales Cost of goods sold (80% of net...
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