Homework Answers
| 1 | ||||||
| Total Asset Turnover | ||||||
| Choose Numerator: | / | Choose Denominator: | = | Total Asset Turnover | ||
| Net sales | / | Average Total assets | = | Total Asset Turnover | ||
| Year 2 | 5632000 | / | 1716000 | = | 3.28 | or 3.3 |
| Year 3 | 8703000 | / | 1876500 | = | 4.64 | or 4.6 |
| 2 | ||||||
| Lok is performing better, as it has higher Total Asset Turnover ratio. | ||||||
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Return to question Exercise 8-22 Evaluating efficient use of assets LO A1 1.7 points Lok Co. reports net sales of $5,63...
QS 8-15 Computing total asset turnover LO A1 Aneko Company reports the following: net sales of $19,000 for Year 2 and $...
QS 8-15 Computing total asset turnover LO A1 Aneko Company reports the following: net sales of $19,000 for Year 2 and $18,050 for Year 1; end-of-year total assets of $18,600 for Year 2 and $17,400 for Year 1. (1) Compute its total asset turnover for Year 2. Choose Numerator 1 Total asset turnover Choose Denominator: = Total asset turnover Total asset turnover 0 times (2) Aneko's competitor has a Total Asset Turnover 2.0. Is Aneko performing better or worse than...
Lok Co reports net sales of $4,415,000 for 2016 and $8,209,000 for 2017 End-of-year balances for...
Lok Co reports net sales of $4,415,000 for 2016 and $8,209,000 for 2017 End-of-year balances for total assets are 2015. $1,557,000; 2016, $1,766,000and 2017. $1.924,000 points Skoped (a) Compute Lok's total asset turnover for 2016 and 2017 •Book Total Asset Turnover Choose Choose Numerator: Denominator: Total Asset Turnove References 2017
CH 22 #4 Check my work 4 Exercise 22-15 Return on investment LO A1, A2 1.42...
CH 22 #4
Check my work 4 Exercise 22-15 Return on investment LO A1, A2 1.42 points ZNet Co. is a web-based retail company. The company reports the following for the past year. Sales Operating income Average invested assets $ 14,100,000 7,050,000 28,200,000 eBook The company's CEO believes that sales for next year will increase by 10%, and both profit margin (%) and the level of average invested assets will be the same as for the past year. Hint 1....
Aneko Company reports the following: net sales of $14,800 for Year 2 and $13,990 for Year...
Aneko Company reports the following: net sales of $14,800 for Year 2 and $13,990 for Year 1; end-of-year total assets of $19,100 for Year 2 and $17,900 for Year 1. (1) Compute its total asset turnover for Year 2. Total asset turnover Choose Denominator: Choose Numerator: 1 Total asset turnover Total asset turnover times 1
HW-CH 9 QS 9-12 Times interest earned LO A1 Park Company reports interest expense of $145,000 and income before int...
HW-CH 9 QS 9-12 Times interest earned LO A1 Park Company reports interest expense of $145,000 and income before interest expense and income taxes of $1.885,000 (1) Compute its times interest earned (2) Park's competitor's times interest earned is 4.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad? References Complete this question by entering your answers in the tabs below. Required i Required 2 Compute its times interest...
Ches Exercise 09-15 Return on investment LO A1, A2 ZNet Co. is a web-based retail company....
Ches Exercise 09-15 Return on investment LO A1, A2 ZNet Co. is a web-based retail company. The company reports the following for the past year. Sales Operating Income Average invested assets $5,000,000 1,000,000 12,500,000 The company's CEO believes that sales for next year will increase by 20% and both profit margin() and the level of average invested assets will be the same as for the past year. 1. Compute return on investment for the past year 2. Compute profit margin...
Exercise 13-10 Efficiency and profitability analysis LO P3 [The following information applies to the questions displayed...
Exercise 13-10 Efficiency and profitability analysis LO P3
[The following information applies to the questions
displayed below.]
Simon Company’s year-end balance sheets follow.
At December 31 2017 2016 2015 Assets Cash $32,200 $ 36,250 $ 38,000 63,000 82,000 9,450 251,000 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 89,700 113,000 10,300 50,500 55,000 5,400 282,000 229,000 $527,200 $441,700 $377,900 Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10...
Exercise 13-16 Earnings per share LO A1 Ecker Company reports $2,700,000 of net income and declares...
Exercise 13-16 Earnings per share LO A1 Ecker Company reports $2,700,000 of net income and declares $388,020 of cash dividends on its preferred stock for the year. At year-end, the company had 678,000 weighted average shares of common stock. 1. What amount of net income is available to common stockholders? Net income To preferred stockholders Net income available to common stockholders 2. What is the company's basic EPS? Basic Earnings per Share Choose Denominator: Choose Numerator: Basic Earnings per Share...
omework Exercise 11-16 Earnings per share LO A1 Ecker Company reports $1,550,000 of net income and...
omework Exercise 11-16 Earnings per share LO A1 Ecker Company reports $1,550,000 of net income and declares $217,000 of cash dividends on its preferred stock for the year. At year- end, the company had 330,000 weighted average shares of common stock 1. What amount of net income is available to common stockholders? Net income To preferred stockholders Net income available to common stockholders $ 2. What is the company's basic EPS? Basic Earnings per Share Choose Denominator: Choose Numerator: Basic...
QS 14-15 Raw materials inventory management LO A1 3M Co. reports beginning raw materials inventory of...
QS 14-15 Raw materials inventory management LO A1 3M Co. reports beginning raw materials inventory of $855 million and ending raw materials inventory of $717 million. Assume 3M purchased $3,646 million of raw materials and used $3,784 million of raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory. Complete this question by entering your answers in the tabs below. Raw Materials Days Sales In Inventory turnover Raw Materials Inventory...
QS 8-15 Computing total asset turnover LO A1 Aneko Company reports the following: net sales of $19,000 for Year 2 and $18,050 for Year 1; end-of-year total assets of $18,600 for Year 2 and $17,400 for Year 1. (1) Compute its total asset turnover for Year 2. Choose Numerator 1 Total asset turnover Choose Denominator: = Total asset turnover Total asset turnover 0 times (2) Aneko's competitor has a Total Asset Turnover 2.0. Is Aneko performing better or worse than...
Lok Co reports net sales of $4,415,000 for 2016 and $8,209,000 for 2017 End-of-year balances for total assets are 2015. $1,557,000; 2016, $1,766,000and 2017. $1.924,000 points Skoped (a) Compute Lok's total asset turnover for 2016 and 2017 •Book Total Asset Turnover Choose Choose Numerator: Denominator: Total Asset Turnove References 2017
CH 22 #4
Check my work 4 Exercise 22-15 Return on investment LO A1, A2 1.42 points ZNet Co. is a web-based retail company. The company reports the following for the past year. Sales Operating income Average invested assets $ 14,100,000 7,050,000 28,200,000 eBook The company's CEO believes that sales for next year will increase by 10%, and both profit margin (%) and the level of average invested assets will be the same as for the past year. Hint 1....
Aneko Company reports the following: net sales of $14,800 for Year 2 and $13,990 for Year 1; end-of-year total assets of $19,100 for Year 2 and $17,900 for Year 1. (1) Compute its total asset turnover for Year 2. Total asset turnover Choose Denominator: Choose Numerator: 1 Total asset turnover Total asset turnover times 1
HW-CH 9 QS 9-12 Times interest earned LO A1 Park Company reports interest expense of $145,000 and income before interest expense and income taxes of $1.885,000 (1) Compute its times interest earned (2) Park's competitor's times interest earned is 4.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad? References Complete this question by entering your answers in the tabs below. Required i Required 2 Compute its times interest...
Ches Exercise 09-15 Return on investment LO A1, A2 ZNet Co. is a web-based retail company. The company reports the following for the past year. Sales Operating Income Average invested assets $5,000,000 1,000,000 12,500,000 The company's CEO believes that sales for next year will increase by 20% and both profit margin() and the level of average invested assets will be the same as for the past year. 1. Compute return on investment for the past year 2. Compute profit margin...
Exercise 13-10 Efficiency and profitability analysis LO P3
[The following information applies to the questions
displayed below.]
Simon Company’s year-end balance sheets follow.
At December 31 2017 2016 2015 Assets Cash $32,200 $ 36,250 $ 38,000 63,000 82,000 9,450 251,000 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 89,700 113,000 10,300 50,500 55,000 5,400 282,000 229,000 $527,200 $441,700 $377,900 Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10...
Exercise 13-16 Earnings per share LO A1 Ecker Company reports $2,700,000 of net income and declares $388,020 of cash dividends on its preferred stock for the year. At year-end, the company had 678,000 weighted average shares of common stock. 1. What amount of net income is available to common stockholders? Net income To preferred stockholders Net income available to common stockholders 2. What is the company's basic EPS? Basic Earnings per Share Choose Denominator: Choose Numerator: Basic Earnings per Share...
omework Exercise 11-16 Earnings per share LO A1 Ecker Company reports $1,550,000 of net income and declares $217,000 of cash dividends on its preferred stock for the year. At year- end, the company had 330,000 weighted average shares of common stock 1. What amount of net income is available to common stockholders? Net income To preferred stockholders Net income available to common stockholders $ 2. What is the company's basic EPS? Basic Earnings per Share Choose Denominator: Choose Numerator: Basic...
QS 14-15 Raw materials inventory management LO A1 3M Co. reports beginning raw materials inventory of $855 million and ending raw materials inventory of $717 million. Assume 3M purchased $3,646 million of raw materials and used $3,784 million of raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory. Complete this question by entering your answers in the tabs below. Raw Materials Days Sales In Inventory turnover Raw Materials Inventory...
Most questions answered within 3 hours.
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A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
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