Homework Answers
Answer :
Quick Ratio = (Cash + Marketable securities + receivable ) / Current liablities
Quick Ratio = ( Cash + Marketable securities + receivable ) / ( Accounts payable + Notes payable + accrued expenses )
Quick Ratio = ( 5,000,000 + 12,500,000 + 2,500,000 ) / ( 20,000,000 + 5,000,000 + 5,000,000 )
Quick Ratio = 20,000,000 / 30,000,000
Quick Ratio = 0.67
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Income Statement Balance Sheet Sales $20,000,000 Assets: Cost of Goods Sold 8.000.000 Cash $ 5,000,000 12,000,000...
Calculate the RATIO of the following: Marnus Inc Income Statement For the Financial Year ended 12/31/19...
Calculate the RATIO of the following:
Marnus Inc Income Statement For the Financial Year ended 12/31/19 $150,000,000 ($130,000,000) $20,000,000 12/31/18 $140,000,000 ($123,000,000) $17,000,000 $9,000,000 $10,000,000 Statement values in 000's Period Ending: Total Revenue (Net Revenue) Cost of Revenue (COGS) Gross Profit Operating Expenses Sales, General and Admin. Other Operating Items Total Operating Exp Operating Income (or loss) Interest Expense Earnings Before Tax Income Tax Net Income (or loss) $0 $0 | ($9,000,000) $11,000,000 ($1,000,000) $10,000,000 ($5,000,000) $5,000,000 ($10,000,000) $7,000,000 ($800,000)...
Marnus Inc Income Statement For the Financial Year ended Statement values in 000's Period Ending: 12/31/19...
Marnus Inc Income Statement For the Financial Year ended Statement values in 000's Period Ending: 12/31/19 12/31/18 Total Revenue (Net Revenue) $150,000,000 $140,000,000 Cost of Revenue (CoGS) ($130,000,000) ($123,000,000) $20,000,000 $17,000,000 Gross Profit Operating Expenses Sales, General and Admin. $9,000,000 $10,000,000 $0 $0 Other Operating Items Total Operating Exp ($9,000,000) ($10,000,000) $11,000,000 $7,000,000 Operating Income (or loss) Interest Expense ($1,000,000) ($800,000) $10,000,000 $6,200,000 Earnings Before Tax ($4,000,000) ($5,000,000) Income Tax Net Income (or loss) $5,000,000 $2,200,000 12/31/19 12/31/18 Dividends declared...
Calculate the ratio of the following: Marnus Inc Income Statement For the Financial Year ended 12/31/19...
Calculate the ratio of the following:
Marnus Inc Income Statement For the Financial Year ended 12/31/19 $150,000,000 ($130,000,000) $20,000,000 12/31/18 $140,000,000 ($123,000,000) $17,000,000 $9,000,000 $10,000,000 Statement values in 000's Period Ending: Total Revenue (Net Revenue) Cost of Revenue (COGS) Gross Profit Operating Expenses Sales, General and Admin. Other Operating Items Total Operating Exp Operating Income (or loss) Interest Expense Earnings Before Tax Income Tax Net Income (or loss) $0 $0 | ($9,000,000) $11,000,000 ($1,000,000) $10,000,000 ($5,000,000) $5,000,000 ($10,000,000) $7,000,000 ($800,000)...
US Republic Corporation balance sheet, December 31, 20X3 ASSETS Cash Accounts receivable Inventory Fixed assets, net...
US Republic Corporation balance sheet, December 31, 20X3 ASSETS Cash Accounts receivable Inventory Fixed assets, net Total assets LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,000,000 5,000,000 7,000,000 17,000,000 $30,000,000 Notes payable, bank Accounts payable Accrued wages and taxes Long-term debt Preferred stock Common stock Retained earnings Total liabilities and shareholders’ equity $ 4,000,000 2,000,000 2,000,000 12,000,000 4,000,000 2,000,000 4,000,000 $30,000,000 $16,000,000 4,000,000 $20,000,000 $16,800,000 $ 3,200,000 1,200,000 $ 2,000,000 240,000 $ 1,760,000 2,600,000 $ 4,360,000 360,000 $ 4,000,000 INDUSTRY NORMS 225%...
C only U. DUUULO O POULIOL UL CU ULLIPUUOS IULIULIOL OLI U LOTO. DICO Assets Cash...
C only
U. DUUULO O POULIOL UL CU ULLIPUUOS IULIULIOL OLI U LOTO. DICO Assets Cash Accounts receivable Inventory Fixed assets, net $1,000,000 5,000,000 7,000,000 17,000,000 Liabilities and Shareholders' Equity Notes payable, bank $4,000,000 Accounts payable 2,000,000 Accrued wages and taxes 2,000,000 Long-term debt 12,000,000 Preferred stock 4,000,000 Common stock 2,000,000 Retained earnings 4,000,000 Total liabilities and shareholders' equity $30,000,000 specific ratio levels and trends as evidence. c. Indicate which ratios would be of most interest to you and what...
11. The Herbert Sherbet Company has this book value balance sheet: Cash Inventory Fixed assets $30,000,000 10,000,000 2...
11. The Herbert Sherbet Company has this book value balance sheet: Cash Inventory Fixed assets $30,000,000 10,000,000 20,000,000 Current liabilities $18,000,000 Long-term debt 12,000,000 Common equity Common stock (1 million shares) 1,000,000 Retained earnings 29,000,000 Total assets $60,000,000 Total claims $60,000,000 The current liabilities consist entirely of notes payable to banks, and the interest rate on this debt is 10 percent, the same as the rate on new bank loans. The current liabilities will be paid off with cash in...
Find FCF, MVA, and EVA. PLEASE SHOW ALL YOUR WORK PLEASE, THANKS. Balance Sheet Income Statement...
Find FCF, MVA, and EVA. PLEASE SHOW ALL YOUR WORK
PLEASE, THANKS.
Balance Sheet Income Statement Net Sales Operating Cost 6,000,000 Depreciation 1,000,000 EBIT Interest EBT Taxes 40% Net Income 12,000,000 Accounts Payable 3,000,000 1,000,000 2,000,000 6,000,000 5,600,000 17,400,000 29,000,000 Current Assets 14,000,000 Accruals Notes Payable Current Liabilities Long-term Debt Common Equity Total Liabilities and Equity 5,000,000 1,000,000 4,000,000 1,600,000 2,400,000 Net Fixed Assets 15,000,000 Total Assets 29,000,000 Shares Stock Price After Tax Cost of Capital Prior year net fixed...
Parkland buys all of Sander Company's assets and liabilities. Sander' balance sheet at the date of...
Parkland buys all of Sander Company's assets and liabilities. Sander' balance sheet at the date of acquisition, including fair value information on its reported assets and liabilities, is as follows: Book Value Dr (Cr) Fair Value Dr (Cr) Assets Cash, receivables Inventories Property and equipment Total assets $ 1,000,000 5,000,000 60.000.000 $ 66,000,000 $ 950,000 4,000,000 45,000,000 29,000,000 Liabilities & Equity Accounts and notes payable Common stock Additional paid-in capital Retained earnings Total liabilities and equity $ 30,000,000 500,000 15,000,000...
MC TRAVEL INC. Balance Sheet December 31, $ Restated 2020 Restated 2019 Change ASSETS-Current assets Cash...
MC TRAVEL INC. Balance Sheet December 31, $ Restated 2020 Restated 2019 Change ASSETS-Current assets Cash Temporary investments Accounts receivable Allowance for doubtful accounts Total current assets 7,600,000 2,006,000 5,000,000 -200,000 14,406,000 5,040,000 1,900,000 3,700,000 -100,500 10,539,500 2,560,000 106,000 1,300,000 -99,500 3,866,500 Capital assets Land Building and equipment Accumulated depreciation Total capital assets 40,250,000 40,270,000 -5,175,000 75,345,000 15,250,000 40,072,000 -3,450,000 51,872,000 25,000,000 198,000 -1,725,000 23,473,000 Total assets 89,751,000 62,411,500 27,339,500 LIABILITIES AND SHAREHOLDERS' EQUITY Accounts payable Interest payable Income taxes...
18. Parkland buys all of Sander Company's assets and liabilities. Sander balance sheet at the date...
18. Parkland buys all of Sander Company's assets and liabilities. Sander balance sheet at the date of acquisition, including fair value information on its reported assets and liabilities, is as follows: Book Value Fair Value Dr (C) Dr (Cr) Assets Cash, receivables $ 1,000,000 950.000 Inventories 5,000,000 4,000,000 Property and equipment 60.000.000 45.000.000 Total assets $ 66,000,000 Liabilities & Equity Accounts and notes payable $ 30,000,000 29,000,000 Common stock 500,000 Additional paid-in capital 15.000.000 Retained earnings 20.500.000 Total liabilities and...
Calculate the RATIO of the following:
Marnus Inc Income Statement For the Financial Year ended 12/31/19 $150,000,000 ($130,000,000) $20,000,000 12/31/18 $140,000,000 ($123,000,000) $17,000,000 $9,000,000 $10,000,000 Statement values in 000's Period Ending: Total Revenue (Net Revenue) Cost of Revenue (COGS) Gross Profit Operating Expenses Sales, General and Admin. Other Operating Items Total Operating Exp Operating Income (or loss) Interest Expense Earnings Before Tax Income Tax Net Income (or loss) $0 $0 | ($9,000,000) $11,000,000 ($1,000,000) $10,000,000 ($5,000,000) $5,000,000 ($10,000,000) $7,000,000 ($800,000)...
Marnus Inc Income Statement For the Financial Year ended Statement values in 000's Period Ending: 12/31/19 12/31/18 Total Revenue (Net Revenue) $150,000,000 $140,000,000 Cost of Revenue (CoGS) ($130,000,000) ($123,000,000) $20,000,000 $17,000,000 Gross Profit Operating Expenses Sales, General and Admin. $9,000,000 $10,000,000 $0 $0 Other Operating Items Total Operating Exp ($9,000,000) ($10,000,000) $11,000,000 $7,000,000 Operating Income (or loss) Interest Expense ($1,000,000) ($800,000) $10,000,000 $6,200,000 Earnings Before Tax ($4,000,000) ($5,000,000) Income Tax Net Income (or loss) $5,000,000 $2,200,000 12/31/19 12/31/18 Dividends declared...
Calculate the ratio of the following:
Marnus Inc Income Statement For the Financial Year ended 12/31/19 $150,000,000 ($130,000,000) $20,000,000 12/31/18 $140,000,000 ($123,000,000) $17,000,000 $9,000,000 $10,000,000 Statement values in 000's Period Ending: Total Revenue (Net Revenue) Cost of Revenue (COGS) Gross Profit Operating Expenses Sales, General and Admin. Other Operating Items Total Operating Exp Operating Income (or loss) Interest Expense Earnings Before Tax Income Tax Net Income (or loss) $0 $0 | ($9,000,000) $11,000,000 ($1,000,000) $10,000,000 ($5,000,000) $5,000,000 ($10,000,000) $7,000,000 ($800,000)...
C only
U. DUUULO O POULIOL UL CU ULLIPUUOS IULIULIOL OLI U LOTO. DICO Assets Cash Accounts receivable Inventory Fixed assets, net $1,000,000 5,000,000 7,000,000 17,000,000 Liabilities and Shareholders' Equity Notes payable, bank $4,000,000 Accounts payable 2,000,000 Accrued wages and taxes 2,000,000 Long-term debt 12,000,000 Preferred stock 4,000,000 Common stock 2,000,000 Retained earnings 4,000,000 Total liabilities and shareholders' equity $30,000,000 specific ratio levels and trends as evidence. c. Indicate which ratios would be of most interest to you and what...
11. The Herbert Sherbet Company has this book value balance sheet: Cash Inventory Fixed assets $30,000,000 10,000,000 20,000,000 Current liabilities $18,000,000 Long-term debt 12,000,000 Common equity Common stock (1 million shares) 1,000,000 Retained earnings 29,000,000 Total assets $60,000,000 Total claims $60,000,000 The current liabilities consist entirely of notes payable to banks, and the interest rate on this debt is 10 percent, the same as the rate on new bank loans. The current liabilities will be paid off with cash in...
Find FCF, MVA, and EVA. PLEASE SHOW ALL YOUR WORK
PLEASE, THANKS.
Balance Sheet Income Statement Net Sales Operating Cost 6,000,000 Depreciation 1,000,000 EBIT Interest EBT Taxes 40% Net Income 12,000,000 Accounts Payable 3,000,000 1,000,000 2,000,000 6,000,000 5,600,000 17,400,000 29,000,000 Current Assets 14,000,000 Accruals Notes Payable Current Liabilities Long-term Debt Common Equity Total Liabilities and Equity 5,000,000 1,000,000 4,000,000 1,600,000 2,400,000 Net Fixed Assets 15,000,000 Total Assets 29,000,000 Shares Stock Price After Tax Cost of Capital Prior year net fixed...
Parkland buys all of Sander Company's assets and liabilities. Sander' balance sheet at the date of acquisition, including fair value information on its reported assets and liabilities, is as follows: Book Value Dr (Cr) Fair Value Dr (Cr) Assets Cash, receivables Inventories Property and equipment Total assets $ 1,000,000 5,000,000 60.000.000 $ 66,000,000 $ 950,000 4,000,000 45,000,000 29,000,000 Liabilities & Equity Accounts and notes payable Common stock Additional paid-in capital Retained earnings Total liabilities and equity $ 30,000,000 500,000 15,000,000...
MC TRAVEL INC. Balance Sheet December 31, $ Restated 2020 Restated 2019 Change ASSETS-Current assets Cash Temporary investments Accounts receivable Allowance for doubtful accounts Total current assets 7,600,000 2,006,000 5,000,000 -200,000 14,406,000 5,040,000 1,900,000 3,700,000 -100,500 10,539,500 2,560,000 106,000 1,300,000 -99,500 3,866,500 Capital assets Land Building and equipment Accumulated depreciation Total capital assets 40,250,000 40,270,000 -5,175,000 75,345,000 15,250,000 40,072,000 -3,450,000 51,872,000 25,000,000 198,000 -1,725,000 23,473,000 Total assets 89,751,000 62,411,500 27,339,500 LIABILITIES AND SHAREHOLDERS' EQUITY Accounts payable Interest payable Income taxes...
18. Parkland buys all of Sander Company's assets and liabilities. Sander balance sheet at the date of acquisition, including fair value information on its reported assets and liabilities, is as follows: Book Value Fair Value Dr (C) Dr (Cr) Assets Cash, receivables $ 1,000,000 950.000 Inventories 5,000,000 4,000,000 Property and equipment 60.000.000 45.000.000 Total assets $ 66,000,000 Liabilities & Equity Accounts and notes payable $ 30,000,000 29,000,000 Common stock 500,000 Additional paid-in capital 15.000.000 Retained earnings 20.500.000 Total liabilities and...
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