Homework Answers
| Strengths of Brony's Bikes to Wheels 4U: |
| 1) Brony has more liquidity to Wheels 4U as shown by Current ratio. |
| 2) Brony has more liquidity struck in Inventory ie. 65% whereas Wheels 4U has 28% inventory. |
| 3) Interest expense coverage is very good to Wheels. |
| 4) The return to the stockholder of Brony is much good (ie.10.39%) in comparison to Wheels 4U. |
| 5) Brony has 7% plus operating profit and Wheels 4U has operating loss. |
| 6) Brony has over 3% of net income against 1.5% loss of Wheels 4U. |
| Weaknesses of Brony's Bikes to Wheels 4U: |
| a) Brony has only 32% of gross margin on sales whereas Wheels 4U has 82%. |
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Compare income statements and ratios for Brony's Bikes and
Wheels 4U. Then identify strengths and weaknesses...
I need someone to calculate the 2019 current ratio, quick ratio, times interest earned ratio, and...
I need someone to calculate the 2019 current ratio, quick ratio,
times interest earned ratio, and return on stockholders equity with
the 2 statements i have screenshotted.
WP A.7 WHEELS-4-U CORPORATION CONSOLIDATED BALANCE SHEETS ($000 except share data) 12/31/20x9 12/31/20x8 ASSETS Current Assets: Cash and cash equivalents Accounts and other receivables, net Inventories Deferred income tax assets Prepaid expenses Total current assets Property, plant, and Equipment, at cost: Land and land improvements Buildings and building improvements Machinery and equipment Office...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Balance sheets and income statements for Lockheed Martin...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Balance sheets and income statements for Lockheed Martin Corporation follow. Refer to these financial statements to answer the requirements. Consolidated Statements of Earnings Year Ended December 31 (In millions) 2016 2015 Net sales Products $ 40,365 $ 34,868 Services 6,883 5,668 Total net sales 47,248 40,536 Cost of sales Products (36,616) (31,091) Services (6,040) (4,824) Severance and other charges (80) (82) Other unallocated costs 550 (47) Total cost of sales (42,186) (36,044)...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Balance sheets and income statements for Lockheed Martin...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Balance sheets and income statements for Lockheed Martin Corporation follow. Refer to these financial statements to answer the requirements. Consolidated Statements of Earnings Year Ended December 31 (In millions) 2016 2015 Net sales Products $ 40,365 $ 34,868 Services 6,883 5,668 Total net sales 47,248 40,536 Cost of sales Products (36,616) (31,091) Services (6,040) (4,824) Severance and other charges (80) (82) Other unallocated costs 550 (47) Total cost of sales (42,186) (36,044)...
Common-Size Income Statements Following is the income statement for Target Corporation. Prepare Target's common-size income statement...
Common-Size Income Statements Following is the income statement for Target Corporation. Prepare Target's common-size income statement for the fiscal year ended January 31, 2015 (Round your answers to one decimal place.) Fiscal year ended (5 millions) January 31, 2015 Sales revenue $72,618 Cost of sales 51,278 Selling, general and administrative expenses 14,676 Depreciation and amortization 2,129 Earnings from continuing operations before interest and income taxes 4,535 Net interest expense 882 3,653 Earnings from continuing operations before income taxes 1.204 Provision...
Need help with what I got wrong, please. Common-Size Income Statements Following is the income statement...
Need help with what I got wrong, please.
Common-Size Income Statements Following is the income statement for Target Corporation. Prepare Target's common-size income statement for the fiscal year ended February 3, 2018. Fiscal year ended ($ millions) February 3, 2018 Sales revenue $71,879 Cost of sales 51,125 Selling, general and administrative expenses 14,248 Depreciation and amortization 2,194 Earnings from continuing operations before interest and income taxes 4,312 Net interest expense 666 Earnings from continuing operations before income taxes 3,645 Provision...
Forecasting an Income Statement Assume Abercrombie & Fitch reports the following income statements. Income Statement, For...
Forecasting an Income Statement Assume Abercrombie & Fitch reports the following income statements. Income Statement, For Fiscal Years Ended ($ thousands) Feb. 2, 2013 Jan. 28, 2012 Jan, 29, 2011 Net sales $ 4,510,805 $ 4,158,058 $ 3,468,777 Cost of goods sold 1,694,096 1,607,834 1,251,348 Gross profit 2,816,709 2,550,224 2,217,429 Stores and distribution expense 1,987,926 1,888,248 1,589,501 Marketing, general and administrative expense 473,883 437,120 400,804 Other operating expense (income), net (19,333) 3,472 (10,056) Operating income 374,233 221,384 237,180 Interest expense,...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Balance sheets and income statements for Lockheed Martin...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Balance sheets and income statements for Lockheed Martin Corporation follow. Refer to these financial statements to answer the requirements. Income Statement Year Ended December 31 (In millions) 2005 2004 2003 Net sales Products $ 31,518 $ 30,202 $ 27,290 Service 5,695 5,324 4,534 37,213 35,526 31,824 Cost of sales Products 28,800 27,879 25,306 Service 5,073 4,765 4,099 Unallocated coporate costs 803 914 443 34,676 33,558 29,848 2,537 1,968 1,976 Other income (expenses),...
Requirements: Calculate Common Size Income Statement, column down in grey. Please include excel reference formulas. -11...
Requirements: Calculate Common Size Income Statement, column down
in grey. Please include excel reference formulas.
-11 -AA == U.E.A.A. ESSE Percentage Wrap Text Merge Center - $ -% Number Conditional Formatas Cell Formatting Table - Styles Insert Delete com Alignment G Most recent financial Most recent financial Info Common Size Income Statement Info Income Statement [Abstract] Dec 31, 2017 Revenues Cost of Goods and Services Sold GROSS PROFIT Selling General and Administrative Expense Other Cost and Expense, Operating OPERATING INCOME...
p Compute and interpret Liquidity. Solvency and Coverage Ratios Balance sheets and income statements for Lockheed...
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Compute and interpret Liquidity. Solvency and Coverage Ratios Balance sheets and income statements for Lockheed Martin Corporation follow. Refer to these financial statements to answer the requirements. Income Statement Year Ended December 31 (in millions) 2005 2004 2003 Net sales Products $ 31,518 $ 30,202 $ 27.290 Service 5,695 5:324 4,534 37 213 35 526 31 824 Cost of sales Products 27,892 27,667 25,306 Service 5073 4,765 4,099 Unallocated coporate costs Воз 914 443 33,768 33,345 29,848 3.445 2,180...
Income statements and balance sheets follow for The New York Times Company. Refer to these financial...
Income statements and balance sheets follow for The New York Times Company. Refer to these financial statements to answer the requirements. The New York Times Company Consolidated Statements of Income Fiscal year ended (in thousands) Dec. 29, 2016 Dec. 30, 2015 Revenues Circulation $ 880,543 $ 851,790 Advertising 580,732 638,709 Other 94,067 88,716 Total revenues 1,555,342 1,579,215 Production costs Wages and benefits 363,051 354,516 Raw materials 72,325 77,176 Other 192,728 186,120 Total production costs 628,104 617,812 Selling, general and administrative...
I need someone to calculate the 2019 current ratio, quick ratio,
times interest earned ratio, and return on stockholders equity with
the 2 statements i have screenshotted.
WP A.7 WHEELS-4-U CORPORATION CONSOLIDATED BALANCE SHEETS ($000 except share data) 12/31/20x9 12/31/20x8 ASSETS Current Assets: Cash and cash equivalents Accounts and other receivables, net Inventories Deferred income tax assets Prepaid expenses Total current assets Property, plant, and Equipment, at cost: Land and land improvements Buildings and building improvements Machinery and equipment Office...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Balance sheets and income statements for Lockheed Martin Corporation follow. Refer to these financial statements to answer the requirements. Consolidated Statements of Earnings Year Ended December 31 (In millions) 2016 2015 Net sales Products $ 40,365 $ 34,868 Services 6,883 5,668 Total net sales 47,248 40,536 Cost of sales Products (36,616) (31,091) Services (6,040) (4,824) Severance and other charges (80) (82) Other unallocated costs 550 (47) Total cost of sales (42,186) (36,044)...
Common-Size Income Statements Following is the income statement for Target Corporation. Prepare Target's common-size income statement for the fiscal year ended January 31, 2015 (Round your answers to one decimal place.) Fiscal year ended (5 millions) January 31, 2015 Sales revenue $72,618 Cost of sales 51,278 Selling, general and administrative expenses 14,676 Depreciation and amortization 2,129 Earnings from continuing operations before interest and income taxes 4,535 Net interest expense 882 3,653 Earnings from continuing operations before income taxes 1.204 Provision...
Need help with what I got wrong, please.
Common-Size Income Statements Following is the income statement for Target Corporation. Prepare Target's common-size income statement for the fiscal year ended February 3, 2018. Fiscal year ended ($ millions) February 3, 2018 Sales revenue $71,879 Cost of sales 51,125 Selling, general and administrative expenses 14,248 Depreciation and amortization 2,194 Earnings from continuing operations before interest and income taxes 4,312 Net interest expense 666 Earnings from continuing operations before income taxes 3,645 Provision...
Requirements: Calculate Common Size Income Statement, column down
in grey. Please include excel reference formulas.
-11 -AA == U.E.A.A. ESSE Percentage Wrap Text Merge Center - $ -% Number Conditional Formatas Cell Formatting Table - Styles Insert Delete com Alignment G Most recent financial Most recent financial Info Common Size Income Statement Info Income Statement [Abstract] Dec 31, 2017 Revenues Cost of Goods and Services Sold GROSS PROFIT Selling General and Administrative Expense Other Cost and Expense, Operating OPERATING INCOME...
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Compute and interpret Liquidity. Solvency and Coverage Ratios Balance sheets and income statements for Lockheed Martin Corporation follow. Refer to these financial statements to answer the requirements. Income Statement Year Ended December 31 (in millions) 2005 2004 2003 Net sales Products $ 31,518 $ 30,202 $ 27.290 Service 5,695 5:324 4,534 37 213 35 526 31 824 Cost of sales Products 27,892 27,667 25,306 Service 5073 4,765 4,099 Unallocated coporate costs Воз 914 443 33,768 33,345 29,848 3.445 2,180...
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