Homework Answers
Inventory period
=365/inventory turnover ratio
=365/(1242/((386+237)/2))
=91.5
the above is answer..
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Assets 2012 2013 Cash A/R Inventory 386 237 Total Net Fixed Assets Total Assets 1793 1788...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net Fixed Assets 1000 1200 Total Assets 1793 1788 Liabilities 2012 2013 Accounts Payable 341 327 Notes Payable 150 125 Total 491 452 Long-Term Debt 500 750 Common Stock 400 400 Retained Earnings 95 125 1486 1727 2013 Sales 1553 Cost of Goods Sold 1242 Depreciation 200 EBIT 111 Interest 80 Taxes 60 Net Income -29 What is the Accounts Receivable Turnover (to 1 decimal)?
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net Fixed Assets 1000 1200 Total Assets 1793 1788 Liabilities 2012 2013 Accounts Payable 341 327 Notes Payable 150 125 Total 491 452 Long-Term Debt 500 750 Common Stock 400 400 Retained Earnings 95 125 1486 1727 2013 Sales 1553 Cost of Goods Sold 1242 Depreciation 200 EBIT 111 Interest 80 Taxes 60 Net Income -29 A. What is the Cash Cycle (to 1 decimal)?...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net Fixed Assets 1000 1200 Total Assets 1793 1788 Liabilities 2012 2013 Accounts Payable 341 327 Notes Payable 150 125 Total 491 452 Long-Term Debt 500 750 Common Stock 400 400 Retained Earnings 95 125 1486 1727 2013 Sales 1553 Cost of Goods Sold 1242 Depreciation 200 EBIT 111 Interest 80 Taxes 60 Net Income -29 A. What is the Accounts Payable Turnover Ratio (to...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net Fixed Assets 1000 1200 Total Assets 1793 1788 Liabilities 2012 2013 Accounts Payable 341 327 Notes Payable 150 125 Total 491 452 Long-Term Debt 500 750 Common Stock 400 400 Retained Earnings 95 125 1486 1727 2013 Sales 1553 Cost of Goods Sold 1242 Depreciation 200 EBIT 111 Interest 80 Taxes 60 Net Income -29 A. What is the Accounts Payable Turnover Ratio (to...
Assets 2012 2013 Cash 45 50 A/R 331 111 Inventory 197 255 Total 573 416 Net...
Assets 2012 2013 Cash 45 50 A/R 331 111 Inventory 197 255 Total 573 416 Net Fixed Assets 1000 1200 Total Assets 1573 1616 Liabilities 2012 2013 Accounts Payable 157 308 Notes Payable 150 125 Total 307 433 Long-Term Debt 500 750 Common Stock 400 400 Retained Earnings 95 125 1302 1708 2013 Sales 3168 Cost of Goods Sold 2534.4 Depreciation 200 EBIT 433.6 Interest 80 Taxes 60 Net Income 293.6 A. What is the Profit Margin for 2013 (...
Assets 2012 2013 Cash 45 50 A/R 331 111 Inventory 197 255 Total 573 416 Net...
Assets 2012 2013 Cash 45 50 A/R 331 111 Inventory 197 255 Total 573 416 Net Fixed Assets 1000 1200 Total Assets 1573 1616 Liabilities 2012 2013 Accounts Payable 157 308 Notes Payable 150 125 Total 307 433 Long-Term Debt 500 750 Common Stock 400 400 Retained Earnings 95 125 1302 1708 2013 Sales 3168 Cost of Goods Sold 2534.4 Depreciation 200 EBIT 433.6 Interest 80 Taxes 60 Net Income 293.6 A. What is the Current Ratio for 2013 (to...
Balance Sheets: 2013 2012 Cash and equivalents Accounts receivable Inventories $110 275 375 $760 2,000 $2,760...
Balance Sheets: 2013 2012 Cash and equivalents Accounts receivable Inventories $110 275 375 $760 2,000 $2,760 $95 300 350 $745 1,490 $2,235 Total current assets Net plant and equipment Total assets $%150 75 160 $385 450 1,225 700 $2,760 Accounts payable Accruals Notes payable $85 50 185 $320 290 1,225 400 $2,235 Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity Income Statements: 2013 2012 Sales Operating costs excluding depreciation EBITDA Depreciation and amortization EBIT Interest...
Data Table 2014 2013 2012 ASSETS Current Assets Cash $ $ Accounts receivable Inventory Other current...
Data Table 2014 2013 2012 ASSETS Current Assets Cash $ $ Accounts receivable Inventory Other current assets Barron Pizza, Inc. Balance Sheet as of December 31, 2012, 2013, and 2014 ($ in thousands) 2014 2013 2012 LIABILITIES Current liabilities 7,010 $ 9,387 $ 17,662 Accounts payable 26,604 $ $ 25,881 Short-term debt 16,394 $ 12,595 Total current liabilities 11,504 $ 10,814 Long-term debt 62,401 $ 57,485 $ 65,181 Other liabilities 19,125 $ $ 20,977 Total liabilities OWNERS' EQUITY 203,828 $...
1.) What is the Current Ratio for 2013 (to nearest 2 decimals)? 2.) What is the...
1.)
What is the Current Ratio for 2013 (to nearest 2 decimals)?
2.) What is the Quick Ratio (to nearest 2 decimals)?
3.) What is the Times Interest Earned ratio for 2013 (nearest 2
decimals)?
4.) What is the Debt to Equity ratio for 2012 (to nearest 2
decimals)?
5.) What is the Debt to Equity ratio for 2013 (to nearest 2
decimals)?
6.) What is the Profit Margin for 2013 ( to nearest 2
decimals)?
7.) What is the...
Cash 500 800 Accounts receivable 1,400 1,200 Inventory 3,900 4,400 4 Net fixed assets 8,200 8,200...
Cash 500 800 Accounts receivable 1,400 1,200 Inventory 3,900 4,400 4 Net fixed assets 8,200 8,200 Land 1,000 Total Assets 2,000 16,600 15,000 Notes payable 1,000 600 Accounts payable 3.000 2,000 Accruals 500 900 Long-term debt 3,600 5.400 Common Stock 2,500 2.200 Retained earnings 4,400 Total Liabilities and 5,500 Equity 15,000 16,600 Given the Balance Sheets for Momber's Flooring Company above for the years ending December 31, 2011 and 2012 Cash Flow from Financing Activities for 2012 assuming the following...
Balance Sheets: 2013 2012 Cash and equivalents Accounts receivable Inventories $110 275 375 $760 2,000 $2,760 $95 300 350 $745 1,490 $2,235 Total current assets Net plant and equipment Total assets $%150 75 160 $385 450 1,225 700 $2,760 Accounts payable Accruals Notes payable $85 50 185 $320 290 1,225 400 $2,235 Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity Income Statements: 2013 2012 Sales Operating costs excluding depreciation EBITDA Depreciation and amortization EBIT Interest...
Data Table 2014 2013 2012 ASSETS Current Assets Cash $ $ Accounts receivable Inventory Other current assets Barron Pizza, Inc. Balance Sheet as of December 31, 2012, 2013, and 2014 ($ in thousands) 2014 2013 2012 LIABILITIES Current liabilities 7,010 $ 9,387 $ 17,662 Accounts payable 26,604 $ $ 25,881 Short-term debt 16,394 $ 12,595 Total current liabilities 11,504 $ 10,814 Long-term debt 62,401 $ 57,485 $ 65,181 Other liabilities 19,125 $ $ 20,977 Total liabilities OWNERS' EQUITY 203,828 $...
1.)
What is the Current Ratio for 2013 (to nearest 2 decimals)?
2.) What is the Quick Ratio (to nearest 2 decimals)?
3.) What is the Times Interest Earned ratio for 2013 (nearest 2
decimals)?
4.) What is the Debt to Equity ratio for 2012 (to nearest 2
decimals)?
5.) What is the Debt to Equity ratio for 2013 (to nearest 2
decimals)?
6.) What is the Profit Margin for 2013 ( to nearest 2
decimals)?
7.) What is the...
Cash 500 800 Accounts receivable 1,400 1,200 Inventory 3,900 4,400 4 Net fixed assets 8,200 8,200 Land 1,000 Total Assets 2,000 16,600 15,000 Notes payable 1,000 600 Accounts payable 3.000 2,000 Accruals 500 900 Long-term debt 3,600 5.400 Common Stock 2,500 2.200 Retained earnings 4,400 Total Liabilities and 5,500 Equity 15,000 16,600 Given the Balance Sheets for Momber's Flooring Company above for the years ending December 31, 2011 and 2012 Cash Flow from Financing Activities for 2012 assuming the following...
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