Tell me which one goes which for these accounts on balance sheets; (have to find current...
Tell me which one goes which for these accounts on balance sheets; (have to find current ratios etc,.)
Sales
Operating Costs
Depreciation
Interest Expense
Tax expense
Cash
Receivables
Inventories
Fixed Assets, Net
Payables
Accrued Expenses
Long-term Loan
Common Equity
-------------------------------------
Have to prepare income statement and a balance sheet
Homework Answers
Add Answer to:
Tell me which one goes which for these accounts on balance
sheets; (have to find current...
Below are numbers from a balance sheet and income statement. Construct the financial ratios requested below....
Below are numbers from a balance sheet and income statement. Construct the financial ratios requested below. Sales 499891 Operating Costs 359935 Depreciation 10000 Interest Expense 5000 Tax Expense 29408 Cash 1000 Receivables 30000 Inventories 59989 Fixed Assets, Net 50000 Payables 11000 Accrued Expenses 10000 Long-Term Loan 50000 Common Equity 69989 Prepare an income statement and a balance sheet for is company using the information provided. Calculate: 1. Current ratio 2. Quick ratio 3. NWC-to-total-Assets (Working capital to assets) 4. Ratio...
Please help me! I keep getting different answers when I do everything, so I must be...
Please help me! I keep getting different answers when I do
everything, so I must be doing something wrong...
Sales Operating Costs Depreciation Expense Interest Expense Tax Expense 524257 374554 10000 5000 29408 1000 Cash 30000 62425 50000 Receivables Inventories Fixed Assets, Net Payables Accrued Expenses Long-Term Loan Common Equity 11000 10000 50000 72425 Prepare an income statement and a balance sheet for is company using the information provided. Calculate: 1. Current ratio 2. Quick ratio 3. NWC-to-total-Assets (Working capital...
524257 374554 10000 5000 29408 1000 Sales Operating Costs Depreciation Expense Interest Expense Tax Expense Cash...
524257 374554 10000 5000 29408 1000 Sales Operating Costs Depreciation Expense Interest Expense Tax Expense Cash Receivables Inventories Fixed Assets, Net Payables Accrued Expenses Long-Term Loan Common Equity 30000 62425 50000 11000 10000 50000 72425 5. Ratio of total debt and liabilities to shareholder's equity 6. Interest coverage 7. Net profit margin 8. Sales to total assets (Asset turnover) 9. Return on assets 10. Equity multiplier 11. Return on equity
524257 374554 10000 5000 29408 1000 Sales Operating Costs Depreciation Expense Interest Expense Tax Expense Cash...
524257 374554 10000 5000 29408 1000 Sales Operating Costs Depreciation Expense Interest Expense Tax Expense Cash Receivables Inventories Fixed Assets, Net Payables Accrued Expenses Long-Term Loan Common Equity 30000 62425 50000 11000 10000 50000 72425 Assignment: Prepare an income statement and a balance sheet for is company using the information provided. Calculate: 1. Current ratio 2. Quick ratio 3. NWC-to-total-Assets (Working capital to assets) 4. Ratio of total debt and liabilities to total assets 5. Ratio of total debt and...
511770 367062 10000 5000 29408 1000 Sales Operating Costs Depreciation Expense Interest Expense Tax Expense Cash...
511770 367062 10000 5000 29408 1000 Sales Operating Costs Depreciation Expense Interest Expense Tax Expense Cash Receivables Inventories Fixed Assets, Net Payables Accrued Expenses Long-Term Loan Common Equity 30000 61177 50000 11000 10000 50000 71177 1. Current ratio 2. Quick ratio 3. NWC-to-total-Assets (Working capital to assets) 4. Ratio of total debt and liabilities to total assets 5. Ratio of total debt and liabilities to shareholder's equity 6. Interest coverage 7. Net profit margin 8. Sales to total assets (Asset...
484283 350570 10000 5000 29408 1000 Sales Operating Costs Depreciation Expense Interest Expense Tax Expense Cash...
484283 350570 10000 5000 29408 1000 Sales Operating Costs Depreciation Expense Interest Expense Tax Expense Cash Receivables Inventories Fixed Assets, Net Payables Accrued Expenses Long-Term Loan Common Equity 30000 58428 50000 11000 10000 50000 68428 1. Current ratio 2. Quick ratio 3. NWC-to-total-Assets (Working capital to assets) 4. Ratio of total debt and liabilities to total assets 5. Ratio of total debt and liabilities to shareholder's equity 6. Interest coverage 7. Net profit margin 8. Sales to total assets (Asset...
The balance sheet and income statement for the A. Thiel Mfg. Company are as follows. Calculate...
The balance sheet and income statement for the A. Thiel Mfg.
Company are as follows. Calculate the ratios at the
bottom.
Cash $ 500 Accounts receivable 2,000 Inventories 1,000 Current assets $3,500 Net fixed assets 4,500 Total assets $8,000 Accounts payable $1,100 Accrued expenses 600 Short-term notes payable 300 Current liabilities $2,000 Long-term debt 2,000 Owners' equity 4,000 Total liabilities and owners' equity $8,000 Income Statement ($000) Sales (all credit) $8,000 Cost of goods sold (3,300) Gross profit $4,700 Operating...
QUESTION 1 Given the following income statement and balance sheet data, select which items would be...
QUESTION 1 Given the following income statement and balance sheet data, select which items would be included in presenting the cash flow from operating activities section of the statement of cash flows using the indirect method: 2019 $50,000 33,400 16,600 13,600 920 Income Statement ($ millions) Sales Less: Cost of goods sold Gross profits Less: Cash operating expenses Less: Depreciation expense Less: Amortization of intangible assets Operating profits (EBIT) Less: Interest expense Equity in earnings (loss) of affiliate Gain (loss)...
Use the attached Income Statement and Balance Sheet to compute the required financial ratios for Seward...
Use the attached Income Statement and Balance Sheet to compute
the required financial ratios for Seward Inc. and compare to the
industry averages. After that, write a brief summary as to what
each ratio is measuring and how Seward compares to the industry.
For example, you may find that Seward's Inventory Turnover is not
as high as the industry average, so they are either not managing
their inventories or may be experiencing a decrease in sales.
Seward Industries a. Compute...
RATIO ANALYSIS Question: The balance sheet and income statement for the JP Robard mfg company areas...
RATIO ANALYSIS Question: The balance sheet and income statement for the JP Robard mfg company areas follows: Particulars Amounts Cash Account receivable Inventories Current Assets Net Fixed Assets Total Assets Account payables Accrued Expenses Short Term Notes Payables Current Liabilities Long term Debt Owners' Equity 500 2000 1000 3500 4500 8000 1000 600 300 2000 2000 4000 8000 8000 (3300) 4700 (3000) 1700 (367) 1333 (533) 800 Total Liabilities and Owners Equity Net Sales (All Credit) Cost of Goods Sold...
Please help me! I keep getting different answers when I do
everything, so I must be doing something wrong...
Sales Operating Costs Depreciation Expense Interest Expense Tax Expense 524257 374554 10000 5000 29408 1000 Cash 30000 62425 50000 Receivables Inventories Fixed Assets, Net Payables Accrued Expenses Long-Term Loan Common Equity 11000 10000 50000 72425 Prepare an income statement and a balance sheet for is company using the information provided. Calculate: 1. Current ratio 2. Quick ratio 3. NWC-to-total-Assets (Working capital...
524257 374554 10000 5000 29408 1000 Sales Operating Costs Depreciation Expense Interest Expense Tax Expense Cash Receivables Inventories Fixed Assets, Net Payables Accrued Expenses Long-Term Loan Common Equity 30000 62425 50000 11000 10000 50000 72425 5. Ratio of total debt and liabilities to shareholder's equity 6. Interest coverage 7. Net profit margin 8. Sales to total assets (Asset turnover) 9. Return on assets 10. Equity multiplier 11. Return on equity
524257 374554 10000 5000 29408 1000 Sales Operating Costs Depreciation Expense Interest Expense Tax Expense Cash Receivables Inventories Fixed Assets, Net Payables Accrued Expenses Long-Term Loan Common Equity 30000 62425 50000 11000 10000 50000 72425 Assignment: Prepare an income statement and a balance sheet for is company using the information provided. Calculate: 1. Current ratio 2. Quick ratio 3. NWC-to-total-Assets (Working capital to assets) 4. Ratio of total debt and liabilities to total assets 5. Ratio of total debt and...
511770 367062 10000 5000 29408 1000 Sales Operating Costs Depreciation Expense Interest Expense Tax Expense Cash Receivables Inventories Fixed Assets, Net Payables Accrued Expenses Long-Term Loan Common Equity 30000 61177 50000 11000 10000 50000 71177 1. Current ratio 2. Quick ratio 3. NWC-to-total-Assets (Working capital to assets) 4. Ratio of total debt and liabilities to total assets 5. Ratio of total debt and liabilities to shareholder's equity 6. Interest coverage 7. Net profit margin 8. Sales to total assets (Asset...
484283 350570 10000 5000 29408 1000 Sales Operating Costs Depreciation Expense Interest Expense Tax Expense Cash Receivables Inventories Fixed Assets, Net Payables Accrued Expenses Long-Term Loan Common Equity 30000 58428 50000 11000 10000 50000 68428 1. Current ratio 2. Quick ratio 3. NWC-to-total-Assets (Working capital to assets) 4. Ratio of total debt and liabilities to total assets 5. Ratio of total debt and liabilities to shareholder's equity 6. Interest coverage 7. Net profit margin 8. Sales to total assets (Asset...
The balance sheet and income statement for the A. Thiel Mfg.
Company are as follows. Calculate the ratios at the
bottom.
Cash $ 500 Accounts receivable 2,000 Inventories 1,000 Current assets $3,500 Net fixed assets 4,500 Total assets $8,000 Accounts payable $1,100 Accrued expenses 600 Short-term notes payable 300 Current liabilities $2,000 Long-term debt 2,000 Owners' equity 4,000 Total liabilities and owners' equity $8,000 Income Statement ($000) Sales (all credit) $8,000 Cost of goods sold (3,300) Gross profit $4,700 Operating...
QUESTION 1 Given the following income statement and balance sheet data, select which items would be included in presenting the cash flow from operating activities section of the statement of cash flows using the indirect method: 2019 $50,000 33,400 16,600 13,600 920 Income Statement ($ millions) Sales Less: Cost of goods sold Gross profits Less: Cash operating expenses Less: Depreciation expense Less: Amortization of intangible assets Operating profits (EBIT) Less: Interest expense Equity in earnings (loss) of affiliate Gain (loss)...
Use the attached Income Statement and Balance Sheet to compute
the required financial ratios for Seward Inc. and compare to the
industry averages. After that, write a brief summary as to what
each ratio is measuring and how Seward compares to the industry.
For example, you may find that Seward's Inventory Turnover is not
as high as the industry average, so they are either not managing
their inventories or may be experiencing a decrease in sales.
Seward Industries a. Compute...
RATIO ANALYSIS Question: The balance sheet and income statement for the JP Robard mfg company areas follows: Particulars Amounts Cash Account receivable Inventories Current Assets Net Fixed Assets Total Assets Account payables Accrued Expenses Short Term Notes Payables Current Liabilities Long term Debt Owners' Equity 500 2000 1000 3500 4500 8000 1000 600 300 2000 2000 4000 8000 8000 (3300) 4700 (3000) 1700 (367) 1333 (533) 800 Total Liabilities and Owners Equity Net Sales (All Credit) Cost of Goods Sold...
Most questions answered within 3 hours.
-
A strawberry farmer determines that the average weight of
individual strawberries produced by plants in his...
asked 17 minutes ago -
Chargaff's results yielded a molar ratio of 0.400 for A to G in
avian tubercle bacillus...
asked 2 hours ago -
Which of the following binds ATP/ADP?
a. microfilaments
b. microtubules
c. intermediate filaments
d. microfilaments and...
asked 2 hours ago -
Assume that the situation can be expressed as a linear cost
function. Find the cost function....
asked 4 hours ago -
(Sort ArrayList) Write the following method that sorts an
ArrayList: public static > void sort(ArrayList list)...
asked 4 hours ago -
2) A 9 volt battery is connected to a parallel plate capacitor
with an initial capacitance...
asked 4 hours ago -
Prince Equipment has to decide whether to obtain $1,000,000 of
financing by: (1) selling common stock...
asked 5 hours ago -
The terms electrical and electronic have similar but
different meanings which of the following statement is...
asked 5 hours ago -
You wish to test the claim that the mean GPA of night students
is than 2.5...
asked 6 hours ago -
A soft drink machine outputs a mean of 25 ounces per cup. The
machine's output is...
asked 7 hours ago -
Ross Co., Westerfield, Inc., and Jordan Company announced a new
agreement to market their respective products...
asked 6 hours ago -
What is the distance run by a runner 50m/hr and
60m/hr?
asked 7 hours ago