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charts on the below and on thefollowing page to calculate Asset Turnover of the charts Scenario...
saw it's Your Turn.. Ise the Strategie Profit Model Flow Worksheets provided on the following page...
saw it's Your Turn.. Ise the Strategie Profit Model Flow Worksheets provided on the following page 1 complete the following two scenarios: Scenario 3 Scenario 4 Income Statement Sales Income Statement Sales Gross Sales $800,000 $1,400,000 Gross Sales Prmotional Allowances $75,000 Pemotional Allowances $150,000 Customer Returns -$45,000 -$110.000 Customer Returns Total Net Sales Total Net Sales Cost of Goods Sold Cost of Goods Sold COGS $850,000 $600,000 COGS Total COGS Total COGS Gross Margin Gross Margin Expenses Expenses Selling. General...
The balance sheet and income statement for the A. Thiel Mfg. Company are as follows. Calculate...
The balance sheet and income statement for the A. Thiel Mfg.
Company are as follows. Calculate the ratios at the
bottom.
Cash $ 500 Accounts receivable 2,000 Inventories 1,000 Current assets $3,500 Net fixed assets 4,500 Total assets $8,000 Accounts payable $1,100 Accrued expenses 600 Short-term notes payable 300 Current liabilities $2,000 Long-term debt 2,000 Owners' equity 4,000 Total liabilities and owners' equity $8,000 Income Statement ($000) Sales (all credit) $8,000 Cost of goods sold (3,300) Gross profit $4,700 Operating...
Calculate the accounts receivable turnover, average collection period (days), inventory turnover, fixed asset turnover, and total...
Calculate the accounts receivable turnover, average collection
period (days), inventory turnover, fixed asset turnover, and total
asset turnover for each period.
X2 X3 X4 $2,500,000 3.200,000 3,500,000 4,000,000 1.900.000 2400.0002.700.000 3200.000 800,000 400,00D 25,000 200,000 10.000 20.000 30.000 60.000 15,000 107,500 COST OF GOODS SOLD GROSS PROFIT SELLING & ADMINISTRATIVE EXPENSE DEPRECIATION LEASES MISCELLANEOUS EXPENSE 600,000 400,000 800,000 800,000 400,000 160,000 190,000 138,700 25,000 175,000 170,000 89,000 EARNINGS BEFORE INTEREST & TAXES INTEREST EARNINGS BEFORE TAXES TAXES (35%) NET INCOME...
Classifying Sources and Uses Classify each of the following items as a source (S) or a use (U) of founds or as neit...
Classifying Sources and Uses Classify each of the following items as a source (S) or a use (U) of founds or as neither (N). Change Item Change (5) -700 +100 - 1,000 Accounts Payable Notes Payable Long-term debt Inventory Fixed Assets Accounts receivable Net profits Depreciation Repurchase of stock Cash dividend Sale of stock +600 +100 +600 -2,000 +200 +400 +800 +1.000 Preparing a Statement of Cash Flows Given the balance sheets and selected data from the income statement of...
ey Ratio Calculations 5 1. Create a single sheet that calculates the ratios listed below based...
ey Ratio Calculations 5 1. Create a single sheet that calculates the ratios listed below based on the financial statement 2. Please see Demo 1E for suggestions on how to complete this exercise (the ratios demo may not be 6 exactly the same for this assignment. Please make sure to include the ratios listed HERE: a. Ratios: Current, Quick, Inventory Turnover, Average Collection Period, Fixed Assets Turnover Total Asset Turnover, Debt Ratio, Debt to Equity, Times Interest Earned, Gross Profit...
Calculate the ratios below given the financial data presented to your left. Answers Measures of Short-term...
Calculate the ratios below given the financial data presented to your left. Answers Measures of Short-term Liquidity current assets / current liabilities quick assets / current liabilities net sales /accounts receivable 365 days/receivables turnover rate cost of goods sold/inventory current ratio quick ratico receivables turnover rate days to collect receivables inventory turnover rate Measures of Long-term Credit Risk total liabilities/total assets operating income /annual interest expense debt ratio Times Interest Earned Measures of Profitability net income / sales net income/total...
Sales increase is 20% (growth rate of sales) Home Insert Draw Page Layout rormulas Calibri =...
Sales increase is 20% (growth rate of sales)
Home Insert Draw Page Layout rormulas Calibri = = = 11 A A QA - ♡ BI U 3 board Alignment Font E : x ✓ fx NO CHAPTER 3 ASSIGNMENT CHAPMAN, INC INCOME STATEMENT, BALANCE SHEET AND RELATED INFORMATION FOR THE YEAR ENDED AND AS OF DECEMBER 31, 2018 Sales $ 891,600 Assets Liabilities and owners' equity Costs 6321600 Current assets Current liabilities Other expenses 18.240 Cash $ 24280 Accounts payable...
ssignments/Assignment202 D 20Fr%20Feb%207%20by%205pm?preview106852794 Page 1 Due Friday, February 7th by 5pm Use the following financial statements...
ssignments/Assignment202 D 20Fr%20Feb%207%20by%205pm?preview106852794 Page 1 Due Friday, February 7th by 5pm Use the following financial statements to complete questions 1 - 10. 2019 2018 PEL Net Sales 2019 17.000 19,500 7,500 COGS 800 Gross income 250 Balance Sheet Assets Current Assets Cash Marketable Securities Accounts Receivable Inventory Total Current Assets Fixed Assets Net PPRE Goodwill Total Fixed Assets Total Assets 800 350 1,350 2.100 4.600 1,000 1.500 3,550 Depreciation Marketing RAD (350) (1,200) (500) (1.2001 8600 7,500 SG&A EBIT Interest...
Please show all work. 1. Statement of Cash Flows and Standardized Financial Statements a) Net income...
Please show all work. 1. Statement of Cash Flows and Standardized Financial Statements a) Net income for your firm was $10,000 last year. The depreciation expense was $2,500; accounts receivable increased $1,250; accounts payable increased $800; and inventories increased by $2,000. Identify the sources and uses of cash • What was the total cash flow from operations for the period? Operating activities = Net Income + Depreciation + Source (inflow) - Use foutflow) b) i) Prepare the 2018 common-size Income...
(Calculating financial ratios) The balance sheet and income statement for the J·P. Robard Mig. Company are...
(Calculating financial ratios) The balance sheet and income statement for the J·P. Robard Mig. Company are as follows:囲. Calculate the following ratios: Current ratio Times interest earned Inventory turnover Total asset turnover Operating profit margin Operating return on assets Debt ratio Average collection period Fixed asset turnover Return on equity P. Robard Mfg., Inc. J. Balance Sheet ($000) $500 2,000 1,000 $3,500 4,500 $8,000 Cash Accounts receivable Inventories Current assets Net fixed assets Total assets Accounts payable Accrued expenses Short-term...
saw it's Your Turn.. Ise the Strategie Profit Model Flow Worksheets provided on the following page 1 complete the following two scenarios: Scenario 3 Scenario 4 Income Statement Sales Income Statement Sales Gross Sales $800,000 $1,400,000 Gross Sales Prmotional Allowances $75,000 Pemotional Allowances $150,000 Customer Returns -$45,000 -$110.000 Customer Returns Total Net Sales Total Net Sales Cost of Goods Sold Cost of Goods Sold COGS $850,000 $600,000 COGS Total COGS Total COGS Gross Margin Gross Margin Expenses Expenses Selling. General...
The balance sheet and income statement for the A. Thiel Mfg.
Company are as follows. Calculate the ratios at the
bottom.
Cash $ 500 Accounts receivable 2,000 Inventories 1,000 Current assets $3,500 Net fixed assets 4,500 Total assets $8,000 Accounts payable $1,100 Accrued expenses 600 Short-term notes payable 300 Current liabilities $2,000 Long-term debt 2,000 Owners' equity 4,000 Total liabilities and owners' equity $8,000 Income Statement ($000) Sales (all credit) $8,000 Cost of goods sold (3,300) Gross profit $4,700 Operating...
Calculate the accounts receivable turnover, average collection
period (days), inventory turnover, fixed asset turnover, and total
asset turnover for each period.
X2 X3 X4 $2,500,000 3.200,000 3,500,000 4,000,000 1.900.000 2400.0002.700.000 3200.000 800,000 400,00D 25,000 200,000 10.000 20.000 30.000 60.000 15,000 107,500 COST OF GOODS SOLD GROSS PROFIT SELLING & ADMINISTRATIVE EXPENSE DEPRECIATION LEASES MISCELLANEOUS EXPENSE 600,000 400,000 800,000 800,000 400,000 160,000 190,000 138,700 25,000 175,000 170,000 89,000 EARNINGS BEFORE INTEREST & TAXES INTEREST EARNINGS BEFORE TAXES TAXES (35%) NET INCOME...
Classifying Sources and Uses Classify each of the following items as a source (S) or a use (U) of founds or as neither (N). Change Item Change (5) -700 +100 - 1,000 Accounts Payable Notes Payable Long-term debt Inventory Fixed Assets Accounts receivable Net profits Depreciation Repurchase of stock Cash dividend Sale of stock +600 +100 +600 -2,000 +200 +400 +800 +1.000 Preparing a Statement of Cash Flows Given the balance sheets and selected data from the income statement of...
ey Ratio Calculations 5 1. Create a single sheet that calculates the ratios listed below based on the financial statement 2. Please see Demo 1E for suggestions on how to complete this exercise (the ratios demo may not be 6 exactly the same for this assignment. Please make sure to include the ratios listed HERE: a. Ratios: Current, Quick, Inventory Turnover, Average Collection Period, Fixed Assets Turnover Total Asset Turnover, Debt Ratio, Debt to Equity, Times Interest Earned, Gross Profit...
Calculate the ratios below given the financial data presented to your left. Answers Measures of Short-term Liquidity current assets / current liabilities quick assets / current liabilities net sales /accounts receivable 365 days/receivables turnover rate cost of goods sold/inventory current ratio quick ratico receivables turnover rate days to collect receivables inventory turnover rate Measures of Long-term Credit Risk total liabilities/total assets operating income /annual interest expense debt ratio Times Interest Earned Measures of Profitability net income / sales net income/total...
Sales increase is 20% (growth rate of sales)
Home Insert Draw Page Layout rormulas Calibri = = = 11 A A QA - ♡ BI U 3 board Alignment Font E : x ✓ fx NO CHAPTER 3 ASSIGNMENT CHAPMAN, INC INCOME STATEMENT, BALANCE SHEET AND RELATED INFORMATION FOR THE YEAR ENDED AND AS OF DECEMBER 31, 2018 Sales $ 891,600 Assets Liabilities and owners' equity Costs 6321600 Current assets Current liabilities Other expenses 18.240 Cash $ 24280 Accounts payable...
ssignments/Assignment202 D 20Fr%20Feb%207%20by%205pm?preview106852794 Page 1 Due Friday, February 7th by 5pm Use the following financial statements to complete questions 1 - 10. 2019 2018 PEL Net Sales 2019 17.000 19,500 7,500 COGS 800 Gross income 250 Balance Sheet Assets Current Assets Cash Marketable Securities Accounts Receivable Inventory Total Current Assets Fixed Assets Net PPRE Goodwill Total Fixed Assets Total Assets 800 350 1,350 2.100 4.600 1,000 1.500 3,550 Depreciation Marketing RAD (350) (1,200) (500) (1.2001 8600 7,500 SG&A EBIT Interest...
Please show all work. 1. Statement of Cash Flows and Standardized Financial Statements a) Net income for your firm was $10,000 last year. The depreciation expense was $2,500; accounts receivable increased $1,250; accounts payable increased $800; and inventories increased by $2,000. Identify the sources and uses of cash • What was the total cash flow from operations for the period? Operating activities = Net Income + Depreciation + Source (inflow) - Use foutflow) b) i) Prepare the 2018 common-size Income...
(Calculating financial ratios) The balance sheet and income statement for the J·P. Robard Mig. Company are as follows:囲. Calculate the following ratios: Current ratio Times interest earned Inventory turnover Total asset turnover Operating profit margin Operating return on assets Debt ratio Average collection period Fixed asset turnover Return on equity P. Robard Mfg., Inc. J. Balance Sheet ($000) $500 2,000 1,000 $3,500 4,500 $8,000 Cash Accounts receivable Inventories Current assets Net fixed assets Total assets Accounts payable Accrued expenses Short-term...
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