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Compute the current ratio, debt to assets ratioand earnings per
share value. The average number of...
Find current ratio, debt ratio and earnings per share Transactions a. Purchased merchandise inventory of $48,000...
Find current ratio, debt ratio and earnings per
share
Transactions a. Purchased merchandise inventory of $48,000 on account. b. Borrowed $127,000 on a long-term note payable. c. Issued 1,000 shares of common stock, receiving cash of $106,000. d. Received cash on account, $5,000 Data Table Cash S 21,000 79,000 186.000 639,000 102.000 38,000 49000 221.000 69 000 10/000 Accounts Receivable Net (Round Merchandise Inventory Total Assets Accounts Payable Accrued Liabilities Short-term Notes Payable Long-term Liabilities Net Income Common Shares Outstanding...
for my previous question current ratio, debt to asset ratio, working capital and earnings per share...
for my previous question current ratio, debt to asset
ratio, working capital and earnings per share value?
note that the outstanding shares during the year was
5,000
salaries and wages expense 6,100
sales revenue53,100
supplies 1,760
A B - Documenti Word nsert Draw Design Layout References Mailings Review View Help Table Design Layout Times New Rom -9 A A Aa A - E ALIT AaBbccc AaBbccDc AaBbcc AaBbcc BIU - ab X, X AP- A 1 Normal 1 No Spac......
These items are taken from the financial statements of Ivanhoe Company for 2022. Retained earnings (beginning...
These items are taken from the financial statements of Ivanhoe Company for 2022. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $34,800 2,180 65,300 18,290 14,060 6,820 22,600 12,000 4,100 5.900 2,000 72,400 7,320 1,620 3,160 14,900 2,640 41,290 21,560 Current Attempt in Progress Suppose...
Current Attempt in Progress The following are financial statements of Crane Company. Crane Company Income Statement...
Current Attempt in Progress The following are financial statements of Crane Company. Crane Company Income Statement For the Year Ended December 31, 2022 Net sales $2,245,000 Cost of goods sold 1,010,000 Selling and administrative expenses 910,000 Interest expense 85,000 Income tax expense 72,000 Net income $ 168,000 146,350 Crane Company Balance Sheet December 31, 2022 Assets Current assets Cash $ 63,300 Debt investments 87,000 Accounts receivable (net) 169,100 Inventory Total current assets 465,750 Plant assets (net) 570,500 Total assets $...
(a) Compute earnings per share for 2017 and 2016 for Blossom. (Round answers to 2 decimal...
(a) Compute earnings per share for 2017 and 2016 for Blossom. (Round answers to 2 decimal places, e.g. 52.75.) 2017 2016 Earnings per share (b) Compute the current ratio and debt to assets ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.) 2017 2016 Current ratio :1 :1 Debt to assets ratio % % (c) Compute free cash flow for each year. 2017 2016 Free cash flow $ Current Attempt in Progress The following information is available...
Additional data: The ordinary shares recently sold at £19.50 per share. Compute the following ratios for...
Additional data:
The ordinary shares recently sold at £19.50 per share.
Compute the following ratios for 2017. (Round acid-test ratio
and earnings per share to 2 decimal places, e.g. 1.65, and all
other answers to 1 decimal place, e.g. 6.8 or 6.8% .)
Question 2 The comparative statements of Shamrock Company Limited are presented below. 2016 £421,000 SHAMROCK COMPANY LIMITED Income Statement For the Years Ended December 31 2017 Net sales (all on account) £499,000 Expenses Cost of goods sold...
The following information is available for Bridgeport Corp. Current assets Total assets Current liabilities Total liabilities...
The following information is available for Bridgeport Corp. Current assets Total assets Current liabilities Total liabilities Net income Net cash provided by operating activities Preferred dividends Common dividends Expenditures on property, plant, and equipment 2022 $ 59,690 242,500 23,500 58,200 82,400 92,400 7,525 5,400 29.400 2021 $ 45,360 207,400 32,400 72,590 46,795 58,400 7,525 3.900 14,400 Common shares outstanding at beginning of year Common shares outstanding at end of year 42,400 77.400 32.400 42.400 (a) Compute earnings per share for...
The balance sheet for Vernon Corporation follows: Current assets $ 246,000 Long-term assets (net) 761,000 Total...
The balance sheet for Vernon Corporation follows: Current assets $ 246,000 Long-term assets (net) 761,000 Total assets $ 1,007,000 Current liabilities $ 155,000 Long-term liabilities 457,000 Total liabilities 612,000 Common stock and retained earnings 395,000 Total liabilities and stockholders’ equity $ 1,007,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt to assets ratio % Debt to equity ratio Following is the balance sheet of Adams Company for 2018: ADAMS COMPANY Balance sheet Assets...
assets Total current liabilities Debt Ratio C. Debt ratio -the proportion of a company's assets financed...
assets Total current liabilities Debt Ratio C. Debt ratio -the proportion of a company's assets financed with debt. Debt ratio = Total Liabilities Total Assets D How transactions affect the ratios Given the following balances: Current Assets $150,000 Current Liabilities 75,000 Total Assets Total Liabilities 300,000 120,000 1. What is net working capital? 2. What are the current and debt ratios? 3. How would the following transactions affect the current ratio & the debt ratio (Improve, Deteriorate, No Change)? a....
Exercise 1413 Current Ratio, Debt Ratio, and Earnings per Share (L014-6, Lo14-7) Selected items from successive...
Exercise 1413 Current Ratio, Debt Ratio, and Earnings per Share (L014-6, Lo14-7) Selected items from successive annual reports of Middlebrook, Inc., appear as follows. Total assets (40% of which are current) Bonds payable, 12% Capital stock, $5 par value Retained earnings Total liabilities & stockholders equity $ 450,000 80,000 100,000 100,000 S 348,000 $ 100,000 50,000 100,000 98,000 5450,000 348,000 Dividends of $16,000 were declared and paid in year 2 a. Compute the current ratio for year 2 and year...
Find current ratio, debt ratio and earnings per
share
Transactions a. Purchased merchandise inventory of $48,000 on account. b. Borrowed $127,000 on a long-term note payable. c. Issued 1,000 shares of common stock, receiving cash of $106,000. d. Received cash on account, $5,000 Data Table Cash S 21,000 79,000 186.000 639,000 102.000 38,000 49000 221.000 69 000 10/000 Accounts Receivable Net (Round Merchandise Inventory Total Assets Accounts Payable Accrued Liabilities Short-term Notes Payable Long-term Liabilities Net Income Common Shares Outstanding...
for my previous question current ratio, debt to asset
ratio, working capital and earnings per share value?
note that the outstanding shares during the year was
5,000
salaries and wages expense 6,100
sales revenue53,100
supplies 1,760
A B - Documenti Word nsert Draw Design Layout References Mailings Review View Help Table Design Layout Times New Rom -9 A A Aa A - E ALIT AaBbccc AaBbccDc AaBbcc AaBbcc BIU - ab X, X AP- A 1 Normal 1 No Spac......
These items are taken from the financial statements of Ivanhoe Company for 2022. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $34,800 2,180 65,300 18,290 14,060 6,820 22,600 12,000 4,100 5.900 2,000 72,400 7,320 1,620 3,160 14,900 2,640 41,290 21,560 Current Attempt in Progress Suppose...
Current Attempt in Progress The following are financial statements of Crane Company. Crane Company Income Statement For the Year Ended December 31, 2022 Net sales $2,245,000 Cost of goods sold 1,010,000 Selling and administrative expenses 910,000 Interest expense 85,000 Income tax expense 72,000 Net income $ 168,000 146,350 Crane Company Balance Sheet December 31, 2022 Assets Current assets Cash $ 63,300 Debt investments 87,000 Accounts receivable (net) 169,100 Inventory Total current assets 465,750 Plant assets (net) 570,500 Total assets $...
(a) Compute earnings per share for 2017 and 2016 for Blossom. (Round answers to 2 decimal places, e.g. 52.75.) 2017 2016 Earnings per share (b) Compute the current ratio and debt to assets ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.) 2017 2016 Current ratio :1 :1 Debt to assets ratio % % (c) Compute free cash flow for each year. 2017 2016 Free cash flow $ Current Attempt in Progress The following information is available...
Additional data:
The ordinary shares recently sold at £19.50 per share.
Compute the following ratios for 2017. (Round acid-test ratio
and earnings per share to 2 decimal places, e.g. 1.65, and all
other answers to 1 decimal place, e.g. 6.8 or 6.8% .)
Question 2 The comparative statements of Shamrock Company Limited are presented below. 2016 £421,000 SHAMROCK COMPANY LIMITED Income Statement For the Years Ended December 31 2017 Net sales (all on account) £499,000 Expenses Cost of goods sold...
The following information is available for Bridgeport Corp. Current assets Total assets Current liabilities Total liabilities Net income Net cash provided by operating activities Preferred dividends Common dividends Expenditures on property, plant, and equipment 2022 $ 59,690 242,500 23,500 58,200 82,400 92,400 7,525 5,400 29.400 2021 $ 45,360 207,400 32,400 72,590 46,795 58,400 7,525 3.900 14,400 Common shares outstanding at beginning of year Common shares outstanding at end of year 42,400 77.400 32.400 42.400 (a) Compute earnings per share for...
assets Total current liabilities Debt Ratio C. Debt ratio -the proportion of a company's assets financed with debt. Debt ratio = Total Liabilities Total Assets D How transactions affect the ratios Given the following balances: Current Assets $150,000 Current Liabilities 75,000 Total Assets Total Liabilities 300,000 120,000 1. What is net working capital? 2. What are the current and debt ratios? 3. How would the following transactions affect the current ratio & the debt ratio (Improve, Deteriorate, No Change)? a....
Exercise 1413 Current Ratio, Debt Ratio, and Earnings per Share (L014-6, Lo14-7) Selected items from successive annual reports of Middlebrook, Inc., appear as follows. Total assets (40% of which are current) Bonds payable, 12% Capital stock, $5 par value Retained earnings Total liabilities & stockholders equity $ 450,000 80,000 100,000 100,000 S 348,000 $ 100,000 50,000 100,000 98,000 5450,000 348,000 Dividends of $16,000 were declared and paid in year 2 a. Compute the current ratio for year 2 and year...
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