The Hill Company reported the following results:
Year 3 | Year 2 | Year 1 | |||
Income Statement | |||||
Revenue | 10,972 | 11,598 | 10,470 | ||
Cost of Goods Sold | 8,942 | 8,767 | 7,901 | ||
Selling, General & Admin. Expenses | 2,470 | 2,611 | 2,479 | ||
Interest expense | 76 | 80 | 28 | ||
Net Income | (516) | 140 | 62 | ||
Balance Sheet | |||||
Assets | |||||
Cash | 1,354 | 1,316 | 1,880 | ||
Prepaid expenses | 202 | 522 | 125 | ||
Accounts receivable | 375 | 250 | 231 | ||
Inventory | 745 | 698 | 455 | ||
Property & equipment (net) | 20,464 | 18,810 | 17,727 | ||
Total Assets | 23,140 | 21,596 | 20,418 | ||
Liabilities | |||||
Accounts payable | 2,824 | 743 | 678 | ||
Unredeemed gift cards | 410 | 850 | 636 | ||
Notes Payable | 15,457 | 18,048 | 17,024 | ||
Stockholders' Equity | |||||
Common Stock | 985 | 545 | 815 | ||
Retained Earnings | 3,464 | 1,410 | 1,265 | ||
Total Liabilities & Equity | 23,140 | 21,596 | 20,418 |
What is the company's days sales in accounts receivable ratio for Year 3? Round your final answer to one decimal place.
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The Hill Company reported the following results: Year 3 Year 2 Year 1 Income Statement Revenue 10,972 11,598 10,470 Cost of Goods Sold 8,942 8,767 7,901 Selling, General & Admin. Expenses 2,470 2,611 2,479 Interest expense 76 80 28 Net Income (516) 140 62 Balance Sheet Assets Cash 1,354 1,316 1,880 Prepaid expenses 202 522 125 Accounts receivable 375 250 231 Inventory 745 698 455 Property & equipment (net) 20,464 18,810 17,727 Total Assets 23,140 21,596 20,418 Liabilities Accounts payable...
The Hill Company reported the following results: Year 3 Year 2 Year 1 Income Statement Revenue 10,972 11,598 10,470 Cost of Goods Sold 8,942 8,767 7,901 Selling, General & Admin. Expenses 2,470 2,611 2,479 Interest expense 76 80 28 Net Income (516) 140 62 Balance Sheet Assets Cash 1,354 1,316 1,880 Prepaid expenses 202 522 125 Accounts receivable 375 250 231 Inventory 745 698 455 Property & equipment (net) 20,464 18,810 17,727 Total Assets 23,140 21,596 20,418 Liabilities Accounts payable...
1. For a horizontal analysis, what is the percent change in
revenues for year 3? Convert your final answer to a percentage, and
round one decimal place.
2. What is the company's current ratio for year 2? Round your
final answer to two decimal places.
The Hill Company reported the following results: Year 3 Year 2 Year 1 Income Statement 10,972 11,598 8,767 10,470 7,901 8,942 Revenue Cost of Goods Sold Selling, General & Admin. Expenses Interest expense Net Income...
Question 2 0/1 pts What is the company's current ratio for Year 2? Round your final answer to two decimal places. 0.15 0.5/0.5 pts Question 3 ny's current ratio is Year 3 Year 2 Year 1 10,972 8,942 11,598 8,767 10,470 7,901 Income Statement Revenue Cost of Goods Sold Selling, General & Admin. Expenses Interest expense Net Income 2,470 2,611 2,479 76 80 (516) 140 1,880 Balance Sheet Assets Cash Prepaid expenses Accounts receivable Inventory Property & equipment (net) Total...
The Hill Company reported the following results: Year 3 Year 2 Year 1 Income Statement Revenue 10,972 11,598 10,470 Cost of Goods Sold 8,942 8,767 7,901 Selling, General & Admin. Expenses 2,470 2,611 2,479 Interest expense 76 80 28 Net Income (516) 140 62 Balance Sheet Assets Cash 1,354 1,316 1,880 Prepaid expenses 202 522 125 Accounts receivable 375 250 231 Inventory 745 698 455 Property & equipment (net) 20,464 18,810 17,727 Total Assets 23,140 21,596 20,418 Liabilities Accounts payable...