Use the information below to calculate this company's Days Sales Outstanding.
Consolidated Balance Sheets | |
Current assets | |
Cash & equivalents | $ 286 |
Accounts receivable | 466 |
Inventories | 3,959 |
Consolidated Statements of Operations | |
Sales | $ 22,138 |
Cost of sales | 17,452 |
Selling & administrative | 6,109 |
Depreciation & amortization | 375 |
Impairment charges | 427 |
Days Sales Outstanding:
= Accounts receivables/Sales per day
= $466/($22,138/365)
= 7.68 days
Use the information below to calculate this company's Days Sales Outstanding. Consolidated Balance Sheets Current assets...
Use the information below to calculate the company's Days Inventory Held. Consolidated Balance Sheets Current assets Cash & equivalents $ 286 Accounts receivable 466 Inventories 3,959 Consolidated Statements of Operations Sales $ 22,138 Cost of sales 17,452 Selling & administrative 6,109 Depreciation & amortization 375 Impairment charges 427
Balance Sheets 2019 2018 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets $70 275 375 $720 $55 300 250 $605 1,490 $2,095 $3,020 $85 $ 150 175 50 120 45 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity $345|| 450 1,225 1,000 $3,020 $180 290 1,225 400 $2,095 Income Statements Sales Operating costs excluding depreciation EBITDA Depreciation and amortization...
Quantitative Problem: Rosnan Industries' 2020 and 2019 balance sheets and income statements are shown below. Balance Sheets: 2020 2019 $100 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets $85 300 250 275 375 $750 2,300 $3,050 $635 1,490 $2,125 $150 $85 75 50 75 $210 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity 150...
Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below. Balance Sheets 2019 2018 Assets Cash and equivalents $70 $55 Accounts receivable 275 300 Inventories 375 250 Total current assets $720 $605 Net plant and equipment 2,300 1,490 Total assets $3,020 $2,095 Liabilities and Equity Accounts payable $150 $85 Accruals 75 50 Notes payable 120 45 Total current liabilities $345 $180 Long-term debt 450 290 Common stock 1,225 1,225 Retained earnings 1,000 400 Total liabilities...
Below is a firm's cash flow statement. What are its operating cash flows, financing cash flows and operating + investing cash flows? Net loss $ (2,221) Depreciation and amortization 375 Impairment charges 427 Merchandise inventories 1,213 Merchandise payables (526) Other operating assets (649) Net cash used in operating activities (1,381) Proceeds from sales of property and investments 386 Purchases of property and equipment (142) Net cash provided by investing activities 244 Proceeds from debt issuances 1,962 Increase (decrease) in short-term...
Balance Sheets 10 . . 2018 2019 $100 275 375 $750 2,300 $3,050 $85 300 250 $635 1,490 $2,125 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Common equity Total liabilities and equity $150 50 75 150 $375 450 825 1,225 1,000 2,225 $3,050 $210 290 500 1,225 400 1,625 $2,125 Income Statements...
Rosnan Industries' 2017 and 2016 balance sheets and income statements are shown below. All of the balance of Cash and Equivalents is an operating asset. Balance Sheets: 2017 2016 Cash and equivalents $100 $85 Accounts receivable 275 200 Inventories 375 250 Total current assets $750 $635 Net plant and equipment 2,000 1,490 Total assets $2,750 $2,125 Accounts payable $150 $85 Accruals 75 50 Notes payable 150 75 Total current liabilities $375 $210 Long-term debt 450 290 Common stock 1,225 1,225 ...
Quantitative Problem: Rosnan Industries' 2020 and 2019 balance sheets and income statements are shown below. Balance Sheets: 2020 2019 Cash and equivalents $90 $75 Accounts receivable 275 300 Inventories 375 250 Total current assets $740 $625 Net plant and equipment 2,300 1,490 Total assets $3,040 $2,115 Accounts payable $150 $85 Accruals 75 50 Notes payable 140 65 Total current liabilities $365 $200 Long-term debt 450 290 Common stock 1,225 1,225 Retained earnings 1,000 400 Total common equity $2,225 $1,625 Total...
Quantitative Problem: Rosnan Industries' 2017 and 2016 balance sheets and income statements are shown below. All of the balance of Cash and Equivalents is an operating asset. Balance Sheets: 2016 2017 $100 $85 Cash and equivalents 200 Accounts receivable 275 375 250 Inventories $750 $635 Total current assets 2,000 1,490 Net plant and equipment $2,750 $2,125 Total assets $85 $150 Accounts payable 50 75 Accruals 75 150 Notes payable $210 $375 Total current liabilities 290 450 Long-term debt 1,225 1,225...
Quantitative Problem: Rosnan Industries' 2017 and 2016 balance sheets and income statements are shown below. All of the balance of Cash and Equivalents is an operating asset. Balance Sheets: 2017 2016 Cash and equivalents $100 $85 Accounts receivable 275 200 Inventories 375 250 Total current assets $750 $635 Net plant and equipment 2,000 1,490 Total assets $2,750 $2,125 $150 $85 Accounts payable 75 50 Accruals 75 150 Notes payable $210 $375 Total current liabilities 450 290 Long-term debt 1,225 1,225...