Homework Answers
Computing the Following Ratios:-
(a) Current Ratio:-
Current Ratio=(Current Assets/Current Liabilities)
=($190,000/$100,000)
=1.9 : 1
(b) Working Capital:-
Working Capital=(Current Assets - Current Liabilities)
=($190,000-$100,000)
=$90,000
(c) Earnings per Share:-
Earnings per Share=(Net Income - Dividends paid)/Average common shares outstanding
=($21,000-$5,000)/$10,000
=($16,000/$10,000)
=$1.6
(d) Debts to Assets Ratio:-
Debt to Assets Ratio=(Total Liabilities/Total Assets)×100
=($126,000/$210,000)×100
=60%
(e) Free Cash Flow:-
Free Cash Flow=(Cash provided by Operating Activities - Capital Expenditures)
=($32,000-$20,000)
=$12,000
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Hi need some help Calculating the Liquidity, solvency and profitability of Marriott Intercontinental with the Financial...
Hi
need some help Calculating the Liquidity, solvency and
profitability of Marriott Intercontinental with the Financial
Statement of Year 2012. Please, I would appreciate a brief
description of how was calculated everything to understand the
exercise.
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Hi
need some help Calculating the Liquidity, solvency and
profitability of Marriott Intercontinental with the Financial
Statement of Year 2012. Please, I would appreciate a brief
description of how was calculated everything to understand the
exercise.
Liquidity Working capital Current ratio Current cash debt coverage Inventory turnover Days in inventory Accounts receivable turnover Average collection period Current assets-Current liabilities Current assets Current liabilities Net cash provided by operating activities Average current liabilities Cost of goods sold Average inventory 365 days...
The following data are taken from the financial statements of Sandhill Co. as of the end of the year 2022. The data are in alphabetical order. $54,280 Accounts payable Accounts receivable Cash $35,000 74,000 Net income Other current liabilities Salaries and wages payable Total assets Total liabilities 16,300 5,700 25,180 260,000 Gross profit Income before income taxes 165,000 60,100 171,600 Additional information: The average common shares outstanding during the year was 46,000. Compute the following: (Round current ratio and earnings...
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