Homework Answers
| Total liabilities = Total assets - Common stock - Retained earnings = 6200000 - 680000 - 3190000 | 2330000 |
| Debt ratio = Total liabilities / Total assets = 2330000 / 6200000 | 37.58% |
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Balance Sheet Current assets Cash 870,000 Acc receivable not given Inventories 1,050,000 Fixed assets 3,220,000 TOTAL...
Balance Sheet Current assets Cash 870,000 Acc receivable not given Inventories 1,050,000 Fixed assets 3,220,000 TOTAL...
Balance Sheet Current assets Cash 870,000 Acc receivable not given Inventories 1,050,000 Fixed assets 3,220,000 TOTAL ASSETS 6,200,000 Current liabilities Acc payable not given Long-term debt 1,900,000 Common stock 680,000 Retained earnings 3,190,000 TOTAL LIAB and EQUITY 6,200,000 Income Statement Sales 18,600,000 Operating expense 14,320,000 EBIT 4,280,000 Interest expense 266,000 EBT 4,014,000 Taxes 1,606,000 Net income 2,408,000 What is the firm's debt ratio? Question 5 options: 30.65% 37.58% 62.42% 93.06% 89.03%
Cash Receivables Inventories Total current assets Net fixed assets $ 230,000 1,575,000 1,160,000 $2,965,000 1,320,000 Accounts...
Cash Receivables Inventories Total current assets Net fixed assets $ 230,000 1,575,000 1,160,000 $2,965,000 1,320,000 Accounts payable Notes payable Other current liabilities Total current liabilities Long-term debt Common equity Total liabilities and equity $ 600,000 100,000 545,000 $1,245,000 400,000 2,640,000 $4,285,000 Total assets $4,285,000 Lozano Chip Company: Income Statement for Year Ended December 31, 2019 (Thousands of Dollars) Sales $7,500,000 Cost of goods sold 6,375,000 Selling, general, and administrative expenses 929,000 Earnings before interest and taxes (EBIT) $ 196,000 Interest...
Table 4- Balance Sheet for ALICO, in millions USD Cash and equivalents Accounts receivable Inventories Other...
Table 4- Balance Sheet for ALICO, in millions USD Cash and equivalents Accounts receivable Inventories Other current assets Total current assets Net plant and equipment Other LT assets Total assets Accounts payable Accruals and other current liab Curr. Port. of LT Debt Total current liabilities Long-term debt Other non-current liabilities Total liabilities Common stock and other equity Retained earnings Total common equity Total liabilities and equity 2018 25.260 2.544 41.033 3.403 72.240 340.403 10.779 423.422 3.764 10.139 5.275 19.178 170.196...
Balance Sheets 2019 2018 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant...
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...
Assets Cash Marketable securities Accounts receivable Inventories Total current assets Net fixed assets Total assets Provincial...
Assets Cash Marketable securities Accounts receivable Inventories Total current assets Net fixed assets Total assets Provincial Imports, Inc., Balance Sheet December 31, 2015 Liabilities and stockholders' equity $ 200,000 Accounts payable 225,000 Taxes payable 625.000 Notes payable 500,000 Other current liabilities $1,550,000 Total current liabilities 1,400,000 Long-term debt $2.950,000 Total liabilities Common stock Retained earnings Total liabilities and equity $ 700,000 95,000 200,000 5,000 $1,000,000 500,000 $1,500,000 75,000 1.375,000 $2.950.000 (1) Projected sales are $6,000,000. (2) Cost of goods sold...
FIN Company: Balance Sheet as of December 31 ($ 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...
plz solve this question BALANCE SHEET Assets 2001 2000 Cash 7.282 9,000 Short term investment 0...
plz solve this question
BALANCE SHEET Assets 2001 2000 Cash 7.282 9,000 Short term investment 0 48,600 Acc. Receivable 632,160 351,200 Inventories 1.297.380 715,200 Total current assets 1,926,802 1,124,000 Fixed Assets Plant & Equipment Less: Acc dep 1 202,950 263,160 939,790 491.000 146.200 344,800 Total assets 2,866,592 1,468,800 Liabilities & Equities Current liability Ale Payable 524 150 145,600 Notes payable 720.000 200.000 Accruals 489,600 1,733,760 136.000 461,600 total Current liability Long-term debt 1,000,000 323.432 Common Stock 460.000 460,000 Retained Earning...
Balance Sheet Assets Current Assets Cash Accounts receivable Inventories Total current assets Liabilities Current Liabilities $47...
Balance Sheet Assets Current Assets Cash Accounts receivable Inventories Total current assets Liabilities Current Liabilities $47 Accounts payable 23 Total current liabilities $40 40 86 Long-Term Liabilities Long-Term Assets Net property, plant, and equipment Total long-term assets 170 164 Long-term debt Total long-term 164 liabilities 170 Total Assets 250 210 Total Liabilities Stockholders' Equity Total Liabilities and Stockholders' Equity 250 The balance sheet for a small firm is shown above. All amounts are in thousands of dollars What is this...
Balance Sheet (Millions of $) Assets 2019 Cash and securities 1554 Accounts receivable 9660 Inventories 13440...
Balance Sheet (Millions of $) Assets 2019 Cash and securities 1554 Accounts receivable 9660 Inventories 13440 Total current assets $24,654.00 Net plant and equipment 17346 Total assets $42,000.00 Liabilities and Equity Accounts payable 7980 Notes payable 5,880.00 Accruals 4620 Total current liabilities $18,480.00 Long-term bonds 10920 Total liabilities $29,400.00 Common stock (175 M shares) 3,360.00 Retained earnings 9240 Total common equity $12,600.00 Total liabilities and equity $42,000.00 Income Statement (Millions of $) 2019 Net sales $60,000.00 Operating costs except depr'n...
Balance Sheet (Millions of $) Assets 2016 Cash and securities $ 1,554.0 Accounts receivable 9,660.0 Inventories...
Balance Sheet (Millions of $) Assets 2016 Cash and securities $ 1,554.0 Accounts receivable 9,660.0 Inventories 13,440.0 Total current assets $24,654.0 Net plant and equipment 17,346.0 $42,000.0 Total assets Liabilities and Equity Accounts payable Notes payable $7,980.0 5,880.0 Accruals 4,620.0 Total current liabilities $18,480.0 Long-term bonds 10,920.0 $29,400.0 Total liabilities Common stock 3,360.0 Retained earnings 9,240.0 $12,600.0 Total common equity Total liabilities and equity $42,000.0 Income Statement (Millions of $) 2016 Net sales $58,800.0 Operating costs except depreciation $54,978.0 $1,029.0...
Cash Receivables Inventories Total current assets Net fixed assets $ 230,000 1,575,000 1,160,000 $2,965,000 1,320,000 Accounts payable Notes payable Other current liabilities Total current liabilities Long-term debt Common equity Total liabilities and equity $ 600,000 100,000 545,000 $1,245,000 400,000 2,640,000 $4,285,000 Total assets $4,285,000 Lozano Chip Company: Income Statement for Year Ended December 31, 2019 (Thousands of Dollars) Sales $7,500,000 Cost of goods sold 6,375,000 Selling, general, and administrative expenses 929,000 Earnings before interest and taxes (EBIT) $ 196,000 Interest...
Table 4- Balance Sheet for ALICO, in millions USD Cash and equivalents Accounts receivable Inventories Other current assets Total current assets Net plant and equipment Other LT assets Total assets Accounts payable Accruals and other current liab Curr. Port. of LT Debt Total current liabilities Long-term debt Other non-current liabilities Total liabilities Common stock and other equity Retained earnings Total common equity Total liabilities and equity 2018 25.260 2.544 41.033 3.403 72.240 340.403 10.779 423.422 3.764 10.139 5.275 19.178 170.196...
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...
Assets Cash Marketable securities Accounts receivable Inventories Total current assets Net fixed assets Total assets Provincial Imports, Inc., Balance Sheet December 31, 2015 Liabilities and stockholders' equity $ 200,000 Accounts payable 225,000 Taxes payable 625.000 Notes payable 500,000 Other current liabilities $1,550,000 Total current liabilities 1,400,000 Long-term debt $2.950,000 Total liabilities Common stock Retained earnings Total liabilities and equity $ 700,000 95,000 200,000 5,000 $1,000,000 500,000 $1,500,000 75,000 1.375,000 $2.950.000 (1) Projected sales are $6,000,000. (2) Cost of goods sold...
FIN Company: Balance Sheet as of December 31 ($ 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...
plz solve this question
BALANCE SHEET Assets 2001 2000 Cash 7.282 9,000 Short term investment 0 48,600 Acc. Receivable 632,160 351,200 Inventories 1.297.380 715,200 Total current assets 1,926,802 1,124,000 Fixed Assets Plant & Equipment Less: Acc dep 1 202,950 263,160 939,790 491.000 146.200 344,800 Total assets 2,866,592 1,468,800 Liabilities & Equities Current liability Ale Payable 524 150 145,600 Notes payable 720.000 200.000 Accruals 489,600 1,733,760 136.000 461,600 total Current liability Long-term debt 1,000,000 323.432 Common Stock 460.000 460,000 Retained Earning...
Balance Sheet Assets Current Assets Cash Accounts receivable Inventories Total current assets Liabilities Current Liabilities $47 Accounts payable 23 Total current liabilities $40 40 86 Long-Term Liabilities Long-Term Assets Net property, plant, and equipment Total long-term assets 170 164 Long-term debt Total long-term 164 liabilities 170 Total Assets 250 210 Total Liabilities Stockholders' Equity Total Liabilities and Stockholders' Equity 250 The balance sheet for a small firm is shown above. All amounts are in thousands of dollars What is this...
Balance Sheet (Millions of $) Assets 2016 Cash and securities $ 1,554.0 Accounts receivable 9,660.0 Inventories 13,440.0 Total current assets $24,654.0 Net plant and equipment 17,346.0 $42,000.0 Total assets Liabilities and Equity Accounts payable Notes payable $7,980.0 5,880.0 Accruals 4,620.0 Total current liabilities $18,480.0 Long-term bonds 10,920.0 $29,400.0 Total liabilities Common stock 3,360.0 Retained earnings 9,240.0 $12,600.0 Total common equity Total liabilities and equity $42,000.0 Income Statement (Millions of $) 2016 Net sales $58,800.0 Operating costs except depreciation $54,978.0 $1,029.0...
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