Question

Question 3 The recent financial statements for the Royal Caribbean Company are given below: 2006 2005 Balance Sheet for the p

Shareholders equity Common stock $5 per share Retained earnings Total liabilities and shareholders equity $100,000 $700,000 $a. Calculate the following ratios for 2006 and 2005. i. Gross margin percentage ii. Net income percentage iii. Current ratio

PLEASE DO THE ABOVE QUESTION SIMILAR TO THIS :

Garth Ltd James Ltd Current Ratio = Current Assets Current Liabilities 4.33 1.81 Quick Ratio = Current Assets-Inventory Curre

0 0
Add a comment Improve this question Transcribed image text
Answer #1

a) Colulation t Rato 2005 5 11000 0o 6 Current At Curient labilitiu Curent Ratio a90000 9.45 76 Curt Audvery t Paepaidl ekp)శ్ిం 200 6 4mventoty Tunover Ratio Cost of gooel Sald Averaye mentoly Inventoy 1260000 1190000 315000+30000(60000+315000) Ave2006 180000 005 o0000 60000 EB1T Anterest 4ntelest Covel 30 00 0 - 3.33 Cros prot xioo 84ocoo Gros magin Percantage F10000 X1W.N. vest ts Payment suhedulu ot it curunt debts wrth a majin atety for poibl loses in culant asdeta Paotitabilis The pafila

Add a comment
Know the answer?
Add Answer to:
PLEASE DO THE ABOVE QUESTION SIMILAR TO THIS : Question 3 The recent financial statements for the Royal Caribbean Com...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • DO NOT WRITE ANSWERS !! PLEASE TYPE ANSWERS SO THEY CAN LOOK SIMILAR TO THIS :...

    DO NOT WRITE ANSWERS !! PLEASE TYPE ANSWERS SO THEY CAN LOOK SIMILAR TO THIS : AGAIN PLEASE TYPE ANSWERS SO THEY CAN LOOK SIMILAR TO THE ABOVE PHOTO !! Balance Sheet for the period ending June 30 Assets 2006 2005 Current assets $21,000 $160,000 $300,000 $24,000 $162,000 $315,000 Cash Accounts receivables Inventories $9,000 $490,000 $810,000 $10,000 $511,000 Prepaid expenses Total current assets $700,000 $1,211,000 Property and equipment $1,300,000 Total assets Liabilities and shareholders equity Liabilities $200,000 $290,000 Current liabilities...

  • PLEASE TYPE ANSWERS. DO NOT WRITE ! IT SHOULD LOOK SIMILAR TO THIS (SEE IMAGE BELOW):...

    PLEASE TYPE ANSWERS. DO NOT WRITE ! IT SHOULD LOOK SIMILAR TO THIS (SEE IMAGE BELOW): 2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10% bonds payable Total liabilities $200,000 $300,000 $500,000 $290,000 $275,000 $565,000 Shareholders equity Common stock $5...

  • RATIO ANALYSIS PLEASE ANSWER THIS USING A COMPUTER , TYPE ANSWERS ON A COMPUTER !! DO...

    RATIO ANALYSIS PLEASE ANSWER THIS USING A COMPUTER , TYPE ANSWERS ON A COMPUTER !! DO NOT WRITE !! I WOULD LIKE ANSWERS TO LOOK SIMILAR TO THIS LAYOUT : 2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10% bonds...

  • PLEASE TYPE THIS ON A COMPUTER SO IT CAN BE NEAT LIKE THE IMAGE BELOW !!...

    PLEASE TYPE THIS ON A COMPUTER SO IT CAN BE NEAT LIKE THE IMAGE BELOW !! PLEASE DO NOT WRITE. TYPE THE ANSWER SO IT CAN BE SIMILAR TO THIS : 2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10%...

  • Question 3 The recent financial statements for the Royal Caribbean Company are given below: 2006 2005 Balance Sheet for...

    Question 3 The recent financial statements for the Royal Caribbean Company are given below: 2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10% bonds payable Total liabilities $200,000 $300,000 $500,000 $290,000 $275,000 $565,000 Shareholders equity Common stock $5 per share...

  • Question 4 Daniel, an investor is considering purchasing shares in either Garth Ltd & James Ltd....

    Question 4 Daniel, an investor is considering purchasing shares in either Garth Ltd & James Ltd. Both companies are in the same line of business and their accounts are summarized below: Statement of financial Position as at December 1st 2016 Assets Garth Ltd James Ltd. Non Current Assets S'000 S'000 S'000 S'000 2 140 840 At Cost Accumulated Depreciation (226) 1 852 614 (280) Current Assets 276 334 Inventory Receivables 138 196 Bank and Cash 192 606 18 548 1...

  • PROJECT: Select any bank / firm of your choice. Take out its financial statements. Calculate the...

    PROJECT: Select any bank / firm of your choice. Take out its financial statements. Calculate the following ratios according to the information found in these statements. (NOTE: Show your workings) 1. Operating Cycle. Inventory Number of days of inventory - Average day's cost of goods sold Inventory cost of goods sold / 305 Number of days of receivables = Accounts receivable Average day's sales on credit Accounts receivable Sales on credit / 365 Number of days of payables - Accounts...

  • PROJECT: Select any bank / firm of your choice. Take out its financial statements. Calculate the...

    PROJECT: Select any bank / firm of your choice. Take out its financial statements. Calculate the following ratios according to the information found in these statements. (NOTE: Show your workings) 1. Operating Cycle. Inventory Number of days of inventory - Average day's cost of goods sold Inventory cost of goods sold / 305 Number of days of receivables = Accounts receivable Average day's sales on credit Accounts receivable Sales on credit / 365 Number of days of payables - Accounts...

  • 1. Given the 2019 ratios of Verizon wireless what do EACH of these ratios indicate about...

    1. Given the 2019 ratios of Verizon wireless what do EACH of these ratios indicate about the company specifically? (not just as a whole) 2. Lastly, at the end, in one paragraph what do these calculations (all together) mean for the companies financial health? Answers must be broken down into everyday language and not in "financial talk" Profit ratios: gross profit margin (gross profit / sales)*100 gross profit 77142000 sales 131868000 gross profit margin 58.50% operating profit margin (operating profit...

  • Hi need some help Calculating the Liquidity, solvency and profitability of Marriott Intercontinental with the Financial...

    Hi need some help Calculating the Liquidity, solvency and profitability of Marriott Intercontinental with the Financial Statement of Year 2012. Please, I would appreciate a brief description of how was calculated everything to understand the exercise. Liquidity Working capital Current ratio Current cash debt coverage Inventory turnover Days in inventory Accounts receivable turnover Average collection period Current assets-Current liabilities Current assets Current liabilities Net cash provided by operating activities Average current liabilities Cost of goods sold Average inventory 365 days...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT