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Use ratios to analyze a company's liquidity and solvency.
1 Condensed financial statements for Games Galore are summarized below: 2 3 Balance Sheet 4 Cash 2016 2015 185,000 $ 143,000 5 Accounts Receivable, Net 6 Inventory 7 Prepaid Insurance 80,000 59,000 134,000 104,000 11,900 5,880 Total Current Assets 380,900 341,880 9 Property and Equipment, Net 514,500 407,000 895,400 $ 10 Total Assets 748,880 11 12 Current Liabilities 85,300 $ 96,800 13 Long-term Liabilities 284,000 224,000 14 Total Liabilities 369,300 320,800...
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I have attached four pictures, for the one problem.
1. Use ratios to analyze a company's liquidity and solvency. ? X Calculate Select Ratios - Excel FORMULAS DATA REVIEW - Sign In FILE HOME INSERT PAGE LAYOUT VIEW Calibri |11 A A = % D E A E- Paste B I U . " A Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells - Editing Clipboard Font A1 X fic Condensed financial statements for Games Galore are...
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1. Use ratios to analyze a company's liquidity and solvency Calculate Select Ratios Excel 2 points FILE HOME INSERTP DATA PAGE LAYOUT FORMULAS REVIEW VIEW 6Calibri ED A Alignment Number Conditional Format as Cel l Editing Paste B 1 u· B-2-. Clipboard A1 N Formatting Table Styles eBook Styles Font VXfCondensed financial statements for Games Galore are summarized below: Ask 3 Balance Sheet 4 Cash 5 Accounts Receivable, Net 6 Inventory 7 Prepaid Insurance 8 Total Current Assets 9 Property...
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Calculating Select Ratios using Excel's ROUND and Basic Math Functions Games Galore has provided its condensed financial statements for the year ended December 31, 2016. The Controller has asked you to calculate liquidity, solvency, and profitability ratios that management can use decision making. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. • Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation...
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PLEASE SHOW THE FORMULA FOR EXCEL
B35 B с D $ 2016 185,000 $ 80,000 104,000 11,900 380,900 514,500 895.400 S 2015 143,000 59,000 134,000 5,880 341,880 407.000 748,880 + $ S 1 Condensed financial statements for Games Galore are summarized below: 2 3 Balance Sheet 4 Cash 5 Accounts Receivable, Net 6 Inventory 7 Prepaid Insurance 8 Total Current Assets 9 Property and Equipment, Net 10 Total Assets 11 12 Current Liabilities 13 Long-term Liabilities 14 Total Liabilities 15...
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Compute and Interpret Liquidity and Solvency
Ratios
Selected balance sheet, income statement and cash flow statement
information from Tesla, Inc. for 2017 and 2016 follows ($
thousands).
December 31
2017
2016
Cash and cash equivalents
$4,145,691
$4,170,993
Restricted cash
160,989
111,185
Net receivables
515,381
499,142
Inventory
2,263,537
2,067,454
Other current assets
268,365
194,465
Current assets
7,353,963
7,043,239
Current liabilities
7,674,670
5,827,005
Total liabilities
23,022,980
16,750,167
Stockholders' equity
6,410,169
6,691,686
Year ended December 31,
2017
Loss before income taxes
$(2,209,032)
Interest...
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2021 was 50,000. Compute selected ratios, and compare liquidity, profitability, and solvency for two companies P15.5 (LO 2) Selected financial data of Target (USA) and Wal-Mart Stores, Inc. (USA) for a recent year are presented below (in millions). Wal-Mart Target Stores, Inc. Corporation Income Statement Data for Year $476,294 358,069 91,353 $72,596 51,160 Net sales Cost of goods sold 16,816 Selling and administrative expenses Interest expense Other income (expense) Income tax expense 2,335 1,126 (410) 8,105 (391) 1,132 $ 16,022...
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Compute and Interpret Coverage, Liquidity and Solvency Ratios Selected balance sheet and income statement information from Amazon for 2016 through 2018 follows. $ millions 2018 2017 2016 Net operating profit after tax (NOPAT) $10,978 $3,222 $2,556 Net income 10,073 3,033 2,371 Operating profit 12,421 4,106 4,186 Interest expense 1,417 848 484 Cash from operating activities 30,723 18,365 17,203 Current assets 75,101 60,197 45,781 Current liabilities 68,391 57,883 43,816 Cash and cash equivalents 31,750 20,522 19,334 Marketable securities 9,500 10,464 6,647...
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Compute and Interpret Liquidity and Solvency Ratios Selected balance sheet and income statement information from Comcast Corporation for 2012 through 2014 follows (5 millions). Total Current Total Current Pretax Interest Total Stockholders Assets Liabilities Income Expense Assets Equity 2012 $19,991 $16,714 $11,609 $2,521 $164,971 $49,796 2013 14,075 18,912 11,115 2,574 158,813 51,058 2014 13,531 17,410 12,465 2,617 159,339 53,068 a. Compute the current ratio for each year. (Round your answers to one decimal place.) Current Ratio 2012 2013 2014 b....
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Compute and Interpret Liquidity and Solvency
Ratios
Selected balance sheet, income statement and cash flow statement
information from Tesla, Inc. for 2017 and 2016 follows ($
thousands).
December 31
2017
2016
Cash and cash equivalents
$3,701,247
$3,726,549
Restricted cash
156,545
106,741
Net receivables
515,381
499,142
Inventory
2,263,537
2,067,454
Other current assets
268,365
194,465
Current assets
6,905,075
6,594,351
Current liabilities
7,674,670
5,827,005
Total liabilities
23,022,980
16,750,167
Stockholders' equity
5,965,725
6,247,242
Year ended December 31,
2017
Loss before income taxes
$(2,209,032)
Interest...
Use ratios to analyze a company's liquidity and solvency.
1 Condensed financial statements for Games Galore are summarized below: 2 3 Balance Sheet 4 Cash 2016 2015 185,000 $ 143,000 5 Accounts Receivable, Net 6 Inventory 7 Prepaid Insurance 80,000 59,000 134,000 104,000 11,900 5,880 Total Current Assets 380,900 341,880 9 Property and Equipment, Net 514,500 407,000 895,400 $ 10 Total Assets 748,880 11 12 Current Liabilities 85,300 $ 96,800 13 Long-term Liabilities 284,000 224,000 14 Total Liabilities 369,300 320,800...
I have attached four pictures, for the one problem.
1. Use ratios to analyze a company's liquidity and solvency. ? X Calculate Select Ratios - Excel FORMULAS DATA REVIEW - Sign In FILE HOME INSERT PAGE LAYOUT VIEW Calibri |11 A A = % D E A E- Paste B I U . " A Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells - Editing Clipboard Font A1 X fic Condensed financial statements for Games Galore are...
1. Use ratios to analyze a company's liquidity and solvency Calculate Select Ratios Excel 2 points FILE HOME INSERTP DATA PAGE LAYOUT FORMULAS REVIEW VIEW 6Calibri ED A Alignment Number Conditional Format as Cel l Editing Paste B 1 u· B-2-. Clipboard A1 N Formatting Table Styles eBook Styles Font VXfCondensed financial statements for Games Galore are summarized below: Ask 3 Balance Sheet 4 Cash 5 Accounts Receivable, Net 6 Inventory 7 Prepaid Insurance 8 Total Current Assets 9 Property...
Calculating Select Ratios using Excel's ROUND and Basic Math Functions Games Galore has provided its condensed financial statements for the year ended December 31, 2016. The Controller has asked you to calculate liquidity, solvency, and profitability ratios that management can use decision making. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. • Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation...
PLEASE SHOW THE FORMULA FOR EXCEL
B35 B с D $ 2016 185,000 $ 80,000 104,000 11,900 380,900 514,500 895.400 S 2015 143,000 59,000 134,000 5,880 341,880 407.000 748,880 + $ S 1 Condensed financial statements for Games Galore are summarized below: 2 3 Balance Sheet 4 Cash 5 Accounts Receivable, Net 6 Inventory 7 Prepaid Insurance 8 Total Current Assets 9 Property and Equipment, Net 10 Total Assets 11 12 Current Liabilities 13 Long-term Liabilities 14 Total Liabilities 15...
2021 was 50,000. Compute selected ratios, and compare liquidity, profitability, and solvency for two companies P15.5 (LO 2) Selected financial data of Target (USA) and Wal-Mart Stores, Inc. (USA) for a recent year are presented below (in millions). Wal-Mart Target Stores, Inc. Corporation Income Statement Data for Year $476,294 358,069 91,353 $72,596 51,160 Net sales Cost of goods sold 16,816 Selling and administrative expenses Interest expense Other income (expense) Income tax expense 2,335 1,126 (410) 8,105 (391) 1,132 $ 16,022...
Compute and Interpret Coverage, Liquidity and Solvency Ratios Selected balance sheet and income statement information from Amazon for 2016 through 2018 follows. $ millions 2018 2017 2016 Net operating profit after tax (NOPAT) $10,978 $3,222 $2,556 Net income 10,073 3,033 2,371 Operating profit 12,421 4,106 4,186 Interest expense 1,417 848 484 Cash from operating activities 30,723 18,365 17,203 Current assets 75,101 60,197 45,781 Current liabilities 68,391 57,883 43,816 Cash and cash equivalents 31,750 20,522 19,334 Marketable securities 9,500 10,464 6,647...
Compute and Interpret Liquidity and Solvency Ratios Selected balance sheet and income statement information from Comcast Corporation for 2012 through 2014 follows (5 millions). Total Current Total Current Pretax Interest Total Stockholders Assets Liabilities Income Expense Assets Equity 2012 $19,991 $16,714 $11,609 $2,521 $164,971 $49,796 2013 14,075 18,912 11,115 2,574 158,813 51,058 2014 13,531 17,410 12,465 2,617 159,339 53,068 a. Compute the current ratio for each year. (Round your answers to one decimal place.) Current Ratio 2012 2013 2014 b....