Homework Answers
| 2018 | 2019 | Better or Worse | 2019 Industry | Good Or Bad | |
| Profit Margin | 0.16 | 0.15 | Worse | 0.11 | Good |
| Current Ratio | 1.82 | 1.78 | Worse | 1.90 | Bad |
| Quick Ratio | 0.68 | 0.70 | Better | 0.66 | Good |
| Return On Assets | 0.32 | 0.31 | Worse | 0.28 | Good |
| Debt to Assets | 0.58 | 0.55 | Worse | 0.50 | Good |
| Receivables Turnover | 20.00 | 19.44 | Worse | 18.00 | Good |
| Avg Collection Period | 18.00 | 18.51 | Better | 15.50 | Good |
| Inventory Turn over | 8.00 | 8.08 | Better | 9.25 | Bad |
| Return on Equity | 0.77 | 0.68 | Worse | 0.55 | Good |
| Times Interest Earned | 12.50 | 12.37 | Worse | 13.20 | Bad |
| Profit Margin | |||||
| Net Income / Sales | |||||
| Current Ratio | |||||
| Current Assets/ Current Liabilities | |||||
| Quick Ratio | |||||
| Current Assets - Inventory/ Current Liabilities | |||||
| Return On Assets | |||||
| Net Income / Total Assets | |||||
| Debt to Assets | |||||
| Total Debt /Total Assets | |||||
| Receivables Turnover | |||||
| Sales /Acount Receivables | |||||
| Avg Collection Period | |||||
| 365 / Receivable Turn Over | |||||
| Inventory Turn over | |||||
| Sales / Inventory | |||||
| Return on Equity | |||||
| Net Income / Equity | |||||
| Times Interest Earned | |||||
| EBIT / Interest | |||||
Add Answer to:
BUSI 320 Comprehensive Problem 1 Spring 2020 Use the following information to answer the questions below:...
L M N BUSI 320 Comprehensive Problem 1 Spring 2020 Use the following information to answer...
L M N BUSI 320 Comprehensive Problem 1 Spring 2020 Use the following information to answer the questions below: note: all sales are credit sales Income Stmt info: Sales $ less Cost of Goods Sold: Gross Profit 2018 1,000,000 $ 400,000 600,000 2019 1,050,000 432,000 618,000 Compute each of the following ratios for 2018 and 2019 and indicate whether each ratio was getting "better" or "worse" from 2018 to 2019 and was "good" or "bad" compared to the Industry Avg...
Use the following information to answer the question below: note all sales are credit sales. Compute...
Use the following information to answer the question
below: note all sales are credit sales.
Compute each of the following ratios for 2018 and 2019
and indicate whether each ratio was getting "better" or "worse"
from 2018 to 2019 and was "good" or "bad" compared to the industry
Avg. 2019 (round all numbers to 2 digits past the decimal
place).
Income Stmt info: 2018 2019 Sales $ 1,000,000 $ 1,050,000 less Cost of Goods Sold: - 400,000 _ 432.000 Gross...
Please provide step by step explanation for answer. BUSI 320 Comprehensive Problem 1 Version FALL Use...
Please provide step by step explanation for answer.
BUSI 320 Comprehensive Problem 1 Version FALL Use the following information to answer the questions below: note: all sales are credit sales Income Stmt info: Sales $ less Cost of Goods Sold: Gross Profit Operating Expenses Earnings before Interest & Taxes Interest exp earnings before Taxes Taxes Net Income $ 2019 800,000 $ 220.000 580,000 480.000 100,000 25,000 75,000 25.000 50,000 $ 2020 880,000 240.000 640,000 505.000 135,000 25.000 110,000 30.000 80,000...
U Format BUSI 320 Comprehensive Problem 1 Summer 1 2Use the following Information to answer the...
U Format BUSI 320 Comprehensive Problem 1 Summer 1 2Use the following Information to answer the questions below 3note: all sales are credit sales Income Stmt info: 2018 Sales S less Cost of Goods Sold: 1,100,000 1,155,000 Gross Profit 775,000 804,000 Operating Expenses 575,000 609,500 10 Earnings before Interest & Taxes Interest exp earnings before Taxes 175,000 164,500 13 Taxes 14 Net income S 98,700 15 16 Balance Sheet info: 12/31/17 12/31/18 55,000 S 17 Cash 52,250 18 Accounts Receivable...
FILL IN THE BLANKS Use the following information to answer the questions on page 2 below...
FILL IN THE BLANKS
Use the following information to answer the questions on page 2 below Note: all sales are credit sales Income Stmt info: 2017 2018 less Cost of Goods Sold: Gross Profit Operating Expenses Earnings before Interest & Taxes Interest exp earnings before Taxes Taxes Net Income Sales 1,000,000 $1,100,000 424,000 676,000 365,750 310,250 25,500 284,750 113,900 170,850 400,000 600,000 350,000 250,000 25,000 225,000 90,000 135,000 $ 12/31/ Balance Sheet info: Cash Accounts Receivable Inventory Total Current Assets...
Use the following information to answer the questions below: note: all sales are credit sales Income...
Use the following information to answer the questions below: note: all sales are credit sales Income Stmt info: 2017 2018 less Cost of Goods Sold: Gross Profit Operating Expenses Earnings before Interest & Taxes Interest exp earnings before Taxes Taxes Sales 1,000,000 1,100,000 424,000 676,000 365,750 310,250 25,500 284,750 113,900 400,000 600,000 350,000 250,000 225,000 90,000 Net Income S 135,000 170,850 12/31/18 30,000 51,000 125,000 131,250 200,000 212,250 300,000 S315,000 500,000 527,250 12/31/17 Balance Sheet info: Cash Accounts Receivable Inventory...
E ry es. Save inkedi. St Auto inkedi. inkedi A B D 1 BUSI 320 Comprehensive...
E ry es. Save inkedi. St Auto inkedi. inkedi A B D 1 BUSI 320 Comprehensive Problem 1 Version FALL 2 Use the following information to answer the questions below: 3 note: all sales are credit sales 4 5 Income Stmt info: 2019 2020 6 Sales S 800,000 $ 880,000 7 less Cost of Goods Sold: 220,000 240,000 8 Gross Profit 580,000 640,000 9 Operating Expenses 480,000 505,000 10 Earnings before Interest & Taxes 100,000 135,000 11 Interest exp 25,000...
Cell Styles Office Update To keep up-to-date with security updates, fixes, and impro... Che C37 Income...
Cell Styles Office Update To keep up-to-date with security updates, fixes, and impro... Che C37 Income Stmt info: less Cost of Goods Sold: Gross Profit Operating Expenses Earnings before Interest & Taxes Interest exp earnings before Taxes Taxes Sales 1,000,000$ 1,100,000 424,000 676,000 65,750 310,250 25,500 284,750 600,000 350,000 250,000 25,000 12 225,000 13 Net Income 135,000$ 170,850 15 16 17 18 19 Inventory 20 Total Current Assets 21 Fixed Assets (Net) 22 Total Assets Balance Sheet info Cash Accounts...
Cell Styles Office Update To keep up-to-date with security updates, fixes, and impro... Che C37 Income...
Cell Styles Office Update To keep up-to-date with security updates, fixes, and impro... Che C37 Income Stmt info: less Cost of Goods Sold: Gross Profit Operating Expenses Earnings before Interest & Taxes Interest exp earnings before Taxes Taxes Sales 1,000,000$ 1,100,000 424,000 676,000 65,750 310,250 25,500 284,750 600,000 350,000 250,000 25,000 12 225,000 13 Net Income 135,000$ 170,850 15 16 17 18 19 Inventory 20 Total Current Assets 21 Fixed Assets (Net) 22 Total Assets Balance Sheet info Cash Accounts...
1 TE22 DE DE &a...EEEEEEEEE Income Stmt info: 2018 2017 Sales $ 900,000 $ 990,000 less...
1 TE22 DE DE &a...EEEEEEEEE Income Stmt info: 2018 2017 Sales $ 900,000 $ 990,000 less Cost of Goods Sold: 325,000 346,125 Gross Profit 575,000 643,875 Operating Expenses 450,000 477,000 Earnings before Interest & Taxes 125,000 166,875 Interest exp 25,000 31,000 earnings before Taxes 100,000 135,875 Taxes 40,000 54,350 Net Income $ 60,000 $ 81,525 12/31/2018 63,600 89,600 Balance Sheet info: Cash Accounts Receivable Inventory Total Current Assets Fixed Assets (Net) Total Assets 12/31/2017 60,000 80,000 110,000 250,000 300,000 550,000...
L M N BUSI 320 Comprehensive Problem 1 Spring 2020 Use the following information to answer the questions below: note: all sales are credit sales Income Stmt info: Sales $ less Cost of Goods Sold: Gross Profit 2018 1,000,000 $ 400,000 600,000 2019 1,050,000 432,000 618,000 Compute each of the following ratios for 2018 and 2019 and indicate whether each ratio was getting "better" or "worse" from 2018 to 2019 and was "good" or "bad" compared to the Industry Avg...
Use the following information to answer the question
below: note all sales are credit sales.
Compute each of the following ratios for 2018 and 2019
and indicate whether each ratio was getting "better" or "worse"
from 2018 to 2019 and was "good" or "bad" compared to the industry
Avg. 2019 (round all numbers to 2 digits past the decimal
place).
Income Stmt info: 2018 2019 Sales $ 1,000,000 $ 1,050,000 less Cost of Goods Sold: - 400,000 _ 432.000 Gross...
Please provide step by step explanation for answer.
BUSI 320 Comprehensive Problem 1 Version FALL Use the following information to answer the questions below: note: all sales are credit sales Income Stmt info: Sales $ less Cost of Goods Sold: Gross Profit Operating Expenses Earnings before Interest & Taxes Interest exp earnings before Taxes Taxes Net Income $ 2019 800,000 $ 220.000 580,000 480.000 100,000 25,000 75,000 25.000 50,000 $ 2020 880,000 240.000 640,000 505.000 135,000 25.000 110,000 30.000 80,000...
U Format BUSI 320 Comprehensive Problem 1 Summer 1 2Use the following Information to answer the questions below 3note: all sales are credit sales Income Stmt info: 2018 Sales S less Cost of Goods Sold: 1,100,000 1,155,000 Gross Profit 775,000 804,000 Operating Expenses 575,000 609,500 10 Earnings before Interest & Taxes Interest exp earnings before Taxes 175,000 164,500 13 Taxes 14 Net income S 98,700 15 16 Balance Sheet info: 12/31/17 12/31/18 55,000 S 17 Cash 52,250 18 Accounts Receivable...
FILL IN THE BLANKS
Use the following information to answer the questions on page 2 below Note: all sales are credit sales Income Stmt info: 2017 2018 less Cost of Goods Sold: Gross Profit Operating Expenses Earnings before Interest & Taxes Interest exp earnings before Taxes Taxes Net Income Sales 1,000,000 $1,100,000 424,000 676,000 365,750 310,250 25,500 284,750 113,900 170,850 400,000 600,000 350,000 250,000 25,000 225,000 90,000 135,000 $ 12/31/ Balance Sheet info: Cash Accounts Receivable Inventory Total Current Assets...
Use the following information to answer the questions below: note: all sales are credit sales Income Stmt info: 2017 2018 less Cost of Goods Sold: Gross Profit Operating Expenses Earnings before Interest & Taxes Interest exp earnings before Taxes Taxes Sales 1,000,000 1,100,000 424,000 676,000 365,750 310,250 25,500 284,750 113,900 400,000 600,000 350,000 250,000 225,000 90,000 Net Income S 135,000 170,850 12/31/18 30,000 51,000 125,000 131,250 200,000 212,250 300,000 S315,000 500,000 527,250 12/31/17 Balance Sheet info: Cash Accounts Receivable Inventory...
E ry es. Save inkedi. St Auto inkedi. inkedi A B D 1 BUSI 320 Comprehensive Problem 1 Version FALL 2 Use the following information to answer the questions below: 3 note: all sales are credit sales 4 5 Income Stmt info: 2019 2020 6 Sales S 800,000 $ 880,000 7 less Cost of Goods Sold: 220,000 240,000 8 Gross Profit 580,000 640,000 9 Operating Expenses 480,000 505,000 10 Earnings before Interest & Taxes 100,000 135,000 11 Interest exp 25,000...
Cell Styles Office Update To keep up-to-date with security updates, fixes, and impro... Che C37 Income Stmt info: less Cost of Goods Sold: Gross Profit Operating Expenses Earnings before Interest & Taxes Interest exp earnings before Taxes Taxes Sales 1,000,000$ 1,100,000 424,000 676,000 65,750 310,250 25,500 284,750 600,000 350,000 250,000 25,000 12 225,000 13 Net Income 135,000$ 170,850 15 16 17 18 19 Inventory 20 Total Current Assets 21 Fixed Assets (Net) 22 Total Assets Balance Sheet info Cash Accounts...
Cell Styles Office Update To keep up-to-date with security updates, fixes, and impro... Che C37 Income Stmt info: less Cost of Goods Sold: Gross Profit Operating Expenses Earnings before Interest & Taxes Interest exp earnings before Taxes Taxes Sales 1,000,000$ 1,100,000 424,000 676,000 65,750 310,250 25,500 284,750 600,000 350,000 250,000 25,000 12 225,000 13 Net Income 135,000$ 170,850 15 16 17 18 19 Inventory 20 Total Current Assets 21 Fixed Assets (Net) 22 Total Assets Balance Sheet info Cash Accounts...
1 TE22 DE DE &a...EEEEEEEEE Income Stmt info: 2018 2017 Sales $ 900,000 $ 990,000 less Cost of Goods Sold: 325,000 346,125 Gross Profit 575,000 643,875 Operating Expenses 450,000 477,000 Earnings before Interest & Taxes 125,000 166,875 Interest exp 25,000 31,000 earnings before Taxes 100,000 135,875 Taxes 40,000 54,350 Net Income $ 60,000 $ 81,525 12/31/2018 63,600 89,600 Balance Sheet info: Cash Accounts Receivable Inventory Total Current Assets Fixed Assets (Net) Total Assets 12/31/2017 60,000 80,000 110,000 250,000 300,000 550,000...
Most questions answered within 3 hours.
-
What mechanisms Drive speciation??
(I.e. what was Dawins theory on the orgin of species, and how...
asked 1 hour ago -
The manager at a car assembly plant believes that the mean
assembly time for a car...
asked 2 hours ago -
Which of the following is true of electron capture?
A) It decreases the nuclide's mass number...
asked 3 hours ago -
Assuming an efficiency of 43.10%, calculate the actual yield of
magnesium nitrate formed from 114.9 g...
asked 4 hours ago -
The highly pathogenic bacterium Clostridium
perfringens causes gangrene, a disease that results in the
destruction of...
asked 5 hours ago -
In the context of situation analysis, which of the following is
a category for analysis in...
asked 5 hours ago -
In a study of the gas phase decomposition of sulfuryl chloride
at 600 K SO2Cl2(g)SO2(g) +...
asked 5 hours ago -
75 g of 2-propanol (C3H8O) and 25 g of pentane are mixed in a
200 mL...
asked 5 hours ago -
The 2800-turn coil in a dc motor has an area per turn of 1.1 ×
10-2...
asked 6 hours ago -
Draw a combinational logic circuit diagram with a symbol inside
the box for two I/P of...
asked 6 hours ago -
The cliché we use quite a lot in finance is: there is a need to
maximize...
asked 6 hours ago -
In class we discussed the addition of HCl to alpha pinene. Would
you expect one or...
asked 6 hours ago