Rutner Rope – Balance Sheet |
|
Current Assets |
(Thousands) |
Cash |
23.2 |
Net Receivables |
119.5 |
Inventories |
68.6 |
Other Current Assets |
4.6 |
Total Current Assets |
171 |
Net Fixed Assets |
466.8 |
Other Noncurrent Assets |
715.7 |
Total Assets |
1353.5 |
Liabilities and Shareholders' Equity |
|
Current Liabilities |
|
Accounts Payable |
58.1 |
Short-Term Debt |
4 |
Other Current Liabilities |
103.8 |
Total Current Liabilities |
155.9 |
Long-Term Debt |
849.8 |
Other Noncurrent Liabilities |
95.5 |
Total Liabilities |
1320.7 |
Revenue |
2456.3 |
COGS |
2068.4 |
Gross Profit |
387.9 |
accounts payable in days | 10.25 days |
inventories in days | 12.10 days |
accounts recievables in days | 17.75 days |
cash tot cash metric | 19.6 days |
accounts payable in days indicates the average number of days a company needs to pay its bills and obligations.
accounts payable in days=(accounts payable/COGS)*365
accounts payable in days=(58.1/2068.4)*365=10.25 days
inventory in days indicates the average number of days that items of inventory are held for.
inventory in days=(inventory/COGS)*365
inventory in days=(68.6/2068.4)*365=12.10 days
accounts recievables in days indicate the average length of time it takes for a company's customer to pay what they owe.
accounts recievables in days=(net recievables/sales)*365
accounts recievables in days=(119.5/2456.3)*365=17.75 days
cash to cash metric=inventory in days + accounts recievables in days - accounts payable in days
cash to cash metric=12.10+17.75-10.25=19.6 days
Rutner Rope – Balance Sheet Current Assets (Thousands) Cash 23.2 Net Receivables 119.5 Inventories 68.6 Other...
1. What are accounts payable in days? 2. What are inventories in days? 3. hat are accounts receivable in days? 4. What is Rutner's Rope's cash-to-cash metric? Rutner Rope - Balance Sheet Current Assets (Thousands) Cash 23.21 Net Receivables 119.5 Inventories 68.61 Other Current Assets 4.61 Total Current Assets 171 Net Fixed Assets 466.8 Other Noncurrent Assets 715.7 Total Assets 1353.5 Liabilities and Shareholders' Equity Current Liabilities Accounts Payable 58.1 Short-Term Debt 4 Other Current Liabilities 103.81 Total Current Liabilities...
Cash Receivables Inventories Total current assets Net fixed assets $ 230,000 1,575,000 1,160,000 $2,965,000 1,320,000 Accounts payable Notes payable Other current liabilities Total current liabilities Long-term debt Common equity Total liabilities and equity $ 600,000 100,000 545,000 $1,245,000 400,000 2,640,000 $4,285,000 Total assets $4,285,000 Lozano Chip Company: Income Statement for Year Ended December 31, 2019 (Thousands of Dollars) Sales $7,500,000 Cost of goods sold 6,375,000 Selling, general, and administrative expenses 929,000 Earnings before interest and taxes (EBIT) $ 196,000 Interest...
Balance Sheet Assets Current Assets Cash Accounts receivable Inventories Total current assets Liabilities Current Liabilities $47 Accounts payable 23 Total current liabilities $40 40 86 Long-Term Liabilities Long-Term Assets Net property, plant, and equipment Total long-term assets 170 164 Long-term debt Total long-term 164 liabilities 170 Total Assets 250 210 Total Liabilities Stockholders' Equity Total Liabilities and Stockholders' Equity 250 The balance sheet for a small firm is shown above. All amounts are in thousands of dollars What is this...
MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity: Common stock ($0.00001 per value) Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities...
Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 Accounts payable . . . . . . . . . . . . . . . . . . . . . 36 Accounts receivable . . . . . . . . . . . . . . ....
MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash $ 14,054 Short-term investments 11,401 Accounts receivable 17,718 Inventories 2,138 Other current assets 24,186 Total current assets 69,497 Long-term investments 131,998 Property, plant, and equipment, net 20,915 Other noncurrent assets 12,702 Total assets $ 235,112 LIABILITIES AND STOCKHOLDERS’ EQUITY Current Liabilities: Accounts payable $ 30,625 Accrued expenses 18,717 Unearned revenue 8,617 Short-term notes payable 6,398 Total current liabilities 64,357 Long-term debt 29,404 Other noncurrent liabilities...
MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity: Common stock ($0.00001 per value) Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities...
Balance Sheet ASSETS: Cash and Marketable Securities: $75.00 Accounts Receivable: $100.00 Inventories: $200.00 TOTAL CURRENT ASSETS: $375.00 Gross Property, Plant and Equipment: (blank) less Accumulated Depreciation: $50.00 NET FIXED ASSETS: (blank) TOTAL ASSETS: (blank) LIABILITIES AND EQUITY: Accounts Payable: $75.00 Notes Payable: (blank) Accruals: $75.00 TOTAL CURRENT LIABILITIES: $300.00 Long Term Debt: $350.00 TOTAL LIABILITIES: $650.00 PREFERRED STOCK: (blank) Common Stock: $50.00 Accumulated Retained Earnings: $125.00 COMMON EQUITY: $175.00 TOTAL LIABILITIES AND EQUITY: $875.00 1. Consider the balance sheet above:...
Zandi's Technologies: December 31 Balance Sheets (Thousands of Dollars) Assets Cash and cash equivalents Short-term investments Accounts Receivable Inventories Total current assets Net fixed assets Total assets 2018 $21,000 3.759 52 500 84.000 $161,259 218.400 $379,659 2017 $20,000 3,240 48.000 56.000 $127,240 200.000 $327,240 2016 $21,053 $3,411 $50.526 $58,947 $133,937 200.000 $333,937 Liabilities and equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained Earnings Total common equity Total liabilities and equity $33,600 12,600...
9. Using the table below, if receivables, inventories, and other current assets are $520 in 2015, then what is the number of days in cash? a) 28 days. b) 29 days. c) 30 days. d) 31 days. $860 710 506 293 111 Current assets Current liabilities Debt in current liabilities Long-term debt Total assets Capital expenditures Change in deferred taxes Sales4 Operating expenses Rental expense General expenses Depreciation Interest expense Income taxes -29 4,100 , 3,307 2016 $896 818 39...