Homework Answers
| Return On Asset= Net Income / Average Asset |
| 2017= 411000/((5200000+5000000)/2)=8.1% |
| 2016= 462500/((5000000+4800000)/2)=9.4% |
| Retunr on Common Stockholder Equity= (Net Income- Preferred Dividend )_ / Average CommonS tockholder Equity |
| 2017= (411000-(500000*2.5%))/1648000=24.2% |
| Average Common Stockholder Equity= ((250000+1574000+250000+1222000)/2)= $1648000 |
| 2016= (462500-(500000*2.5%))/1236000=36.4% |
| Average Common Stockholder Equity= ((250000+1222000+250000+750000)/2)= $1236000 |
| Retunr on Stockholder Equity= Net Income_ / Average Stockholder Equity |
| 2017= 411000/2148000=19.1% |
| Average Stockholder Equity= ((250000+1574000+500000+250000+1222000+500000)/2)= $2148000 |
| 2016= 462500/1736000=26.6% |
| Average Stockholder Equity= ((250000+1222000+500000+250000+750000+500000)/2)= $1736000 |
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w Connolly - Outlo Course: BU-1152-05 Financial My Home CengageNOWV2 Online teachi.. Cengage Learning Dyese Hoodie...
Just need the return on total assets eBook Show Me How Calculator Print Item Profitability Ratios...
Just need the return on total assets
eBook Show Me How Calculator Print Item Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2016, and 2015: December 31 2017 2016 20YS Total assets $5,200,000 $5,000,000 $4,800,000 Notes payable (6% Interest) 2,500,000 2,500,000 2,500,000 Common stock 250,000 250,000 250,000 Preferred 2.5% stock, $100 par (no change during year) 500,000 500,000 500,000 Retained earnings 1,574,000 1,222,000 750,000 The 2017 net income was...
Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for...
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Connolly - Outlo Course: BU-1152-05 Financial My Home CengageNOWV2 Online teachi.. Cengage Learning Dyeislife Hoodie eBook...
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Show Me How Calculator Ratios ing selected data were taken from the financial statements of Vidahill...
Show Me How Calculator Ratios ing selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2076, and 2015: December 31 2017 2016 2015 $250,000 $225,000 $200,000 s payable (8% interest) 80,000 80,000 80,000 Common stock 32,000 32,000 32,000 Preferred 3% stock, $100 par 16,000 16,000 16,000 Ino change during year) ned earnings 101,415 67,145 48,000 The 2017 net income was $34,750, and the 2016 net income was $19,625. No dividends on common stock were...
Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for...
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Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for...
Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2016, and 2015: December 31 2017 2016 2015 Total assets $162,000 $146,000 $130,000 Notes payable (8% Interest) 50,000 50,000 50,000 Common stock 20,000 20,000 20,000 Preferred 4% stock, $100 par 10,000 10,000 10,000 (no change during year) Retained earnings 60,560 39,780 30,000 The 2017 net income was $21,180, and the 2016 net income was $10,180. No dividends on common stock were...
Thank you onnolly - Course: BU-1152-05 Finan My Home CengageNOWV2 Online L. Cengage Learning Dyeislife Hoodie...
Thank you
onnolly - Course: BU-1152-05 Finan My Home CengageNOWV2 Online L. Cengage Learning Dyeislife Hoodie Home Che eBook Show Me How Calculator Print Item Accounts Receivable Analysis The following data are taken from the financial statements of Basinger Inc. Terms of all sales are 2/10, n/45. 20Y3 20Y2 2011 Accounts receivable, end of year $476,800 $420,000 $377,000 Sales on account 4,125,280 3,347,400 a. For 2012 and 2013, determine (1) the accounts receivable turnover and (2) the number of days'...
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Evaluate a company's profitability and solvency (LO 4), AP P11-7A Spahn Company manufactures backpacks. During 2017,...
Evaluate a company's profitability and solvency (LO 4), AP P11-7A Spahn Company manufactures backpacks. During 2017, Spahn issued bonds at 10% interest and used the cash proceeds to purchase treasury stock. The following finan- cial information is available for Spahn Company for the years 2017 and 2016. 2017 2016 Sales revenue Net income Interest expense Tax expense Dividends paid on common stock Dividends paid on preferred stock Total assets (year-end) Average total assets Total liabilities (year-end) Avg. total common stockholders'...
her 0012 6o0 1. The following selected data were taken from the financial statements of the...
her 0012 6o0 1. The following selected data were taken from the financial statements of the Columbus Group for December 31, 2016, 2015, and 2014: tncobe000002.12w mniolod ooal holio 0 ub oo Dec.31, 2015 $2,700,000 1,000,000 no b Dec. 31, 2014 Dec. 31, 2016 $3,000,000 Total assets $2,400,000 Notes payable (9% interest) Common stock Preferred $7 stock, $100 par (no change during 1,000,000 1,000,000 400,000 400,000 400,000 200,000 200,000 200,000 year) Retained earnings 1,126,000 896,000 600,000 The 2016 net income...
Just need the return on total assets
eBook Show Me How Calculator Print Item Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2016, and 2015: December 31 2017 2016 20YS Total assets $5,200,000 $5,000,000 $4,800,000 Notes payable (6% Interest) 2,500,000 2,500,000 2,500,000 Common stock 250,000 250,000 250,000 Preferred 2.5% stock, $100 par (no change during year) 500,000 500,000 500,000 Retained earnings 1,574,000 1,222,000 750,000 The 2017 net income was...
Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2016, and 2015: December 31 2017 2016 2015 Total assets $4,800,000 $4,400,000 $4,000,000 Notes payable (8% interest) 2,250,000 2,250,000 2,250,000 Common stock 250,000 250,000 250,000 Preferred 4% stock, $100 par (no change during year) 500,000 500,000 500,000 Retained earnings 1,574,000 1,222,000 750,000 The 2017 net income was $372,000, and the 2016 net income was $492,000. No dividends on common stock were...
Connolly - Outlo Course: BU-1152-05 Financial My Home CengageNOWV2 Online teachi.. Cengage Learning Dyeislife Hoodie eBook Show Me How Calculator Print Item Inventory Analysis The following data were extracted from the income statement of Shriver Inc.: Current Year Prior Year Sales $17,900,000 $18,100,000 Beginning inventories 760,000 700,000 Cost of merchandise sold 8,964,000 9,782,000 Ending Inventories 900,000 760,000 a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in Inventory. Round interim calculations to the...
Show Me How Calculator Ratios ing selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2076, and 2015: December 31 2017 2016 2015 $250,000 $225,000 $200,000 s payable (8% interest) 80,000 80,000 80,000 Common stock 32,000 32,000 32,000 Preferred 3% stock, $100 par 16,000 16,000 16,000 Ino change during year) ned earnings 101,415 67,145 48,000 The 2017 net income was $34,750, and the 2016 net income was $19,625. No dividends on common stock were...
Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2016, and 20Y5: December 31 2017 2016 2015 Total assets $244,000 $220,000 $196,000 Notes payable (8% interest) 80,000 80,000 80,000 Common stock 32,000 32,000 32,000 Preferred 6% stock, $100 par 16,000 16,000 16,000 (no change during year) Retained earnings 83,360 59,840 48,000 The 2017 net income was $24,480, and the 2016 net income was $12,800. No dividends on common stock were...
Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2016, and 2015: December 31 2017 2016 2015 Total assets $162,000 $146,000 $130,000 Notes payable (8% Interest) 50,000 50,000 50,000 Common stock 20,000 20,000 20,000 Preferred 4% stock, $100 par 10,000 10,000 10,000 (no change during year) Retained earnings 60,560 39,780 30,000 The 2017 net income was $21,180, and the 2016 net income was $10,180. No dividends on common stock were...
Thank you
onnolly - Course: BU-1152-05 Finan My Home CengageNOWV2 Online L. Cengage Learning Dyeislife Hoodie Home Che eBook Show Me How Calculator Print Item Accounts Receivable Analysis The following data are taken from the financial statements of Basinger Inc. Terms of all sales are 2/10, n/45. 20Y3 20Y2 2011 Accounts receivable, end of year $476,800 $420,000 $377,000 Sales on account 4,125,280 3,347,400 a. For 2012 and 2013, determine (1) the accounts receivable turnover and (2) the number of days'...
Evaluate a company's profitability and solvency (LO 4), AP P11-7A Spahn Company manufactures backpacks. During 2017, Spahn issued bonds at 10% interest and used the cash proceeds to purchase treasury stock. The following finan- cial information is available for Spahn Company for the years 2017 and 2016. 2017 2016 Sales revenue Net income Interest expense Tax expense Dividends paid on common stock Dividends paid on preferred stock Total assets (year-end) Average total assets Total liabilities (year-end) Avg. total common stockholders'...
her 0012 6o0 1. The following selected data were taken from the financial statements of the Columbus Group for December 31, 2016, 2015, and 2014: tncobe000002.12w mniolod ooal holio 0 ub oo Dec.31, 2015 $2,700,000 1,000,000 no b Dec. 31, 2014 Dec. 31, 2016 $3,000,000 Total assets $2,400,000 Notes payable (9% interest) Common stock Preferred $7 stock, $100 par (no change during 1,000,000 1,000,000 400,000 400,000 400,000 200,000 200,000 200,000 year) Retained earnings 1,126,000 896,000 600,000 The 2016 net income...
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