Homework Answers
1. CAGR of Revenue = {($29,778 - $27,931) ÷ $27,931} × 100 = 6.61%
2. Growth in revenue in 2018 = {($29,778 - $27,079) ÷ $27079} × 100 = 9.97%
3. Gross margin in 2018 = ($12,157 ÷ $29,778) × 100 = 40.83%
4. Operating margin in 2018 = ($3,215 ÷ $29,778) × 100 = 10.80%
5. Net margin in 2018 = ($1,911 ÷ $29,778) × 100 = 6.42%
6. Return on Assets in 2018 = ($1,911 ÷ $21,851) × 100 = 8.75%
7. Return on Equity in 2018 = ($1,911 ÷ $6,323) × 100 = 30.22%
Add Answer to:
answer is presented.1234 it will be marked incorrect.) 2018 2017 2016 2015 Sales Cost of Goods Sold Gross Income Op...
What is the inventory turnover rate of this company? January 30, 2016 January 31, 2015 $...
What is the inventory turnover rate of this company?
January 30, 2016 January 31, 2015 $ $ 2,246 424 1,109 558 5,506 479 7,652 7,616 3,897 514 897 20,576 5,417 493 8.580 7.800 3,743 496 711 21,330 $ $ S ASSETS Current Assets Cash and cash equivalents Receivables Merchandise inventories Prepaid expenses and other current assets Total Current Assets Property and Equipment - net Goodwill Other Intangible Assets-net Other Assets Total Assets LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities: Short-term debt...
I was provided both the Balance Sheet and Statement of income from which I am supposed...
I was provided both the Balance Sheet and Statement of income
from which I am supposed to calculate the inventory turnover ratio.
But the balance sheet only has the inventory values for 2016 and
2015, while the statement of income only states the cost of sales
for 2015, 2014, and 2013.
So:
Merchandise inventory (from balance sheet):
January 30, 2016 = $5,506
January 31, 2015 = $5,417
Cost of Sales (from income statement):
2015 = $16,496
2014 = $16,863
2013...
2018 2017 Income Statement Information Sales revenue Cost of goods sold Net income $ $ 10,440,000...
2018 2017 Income Statement Information Sales revenue Cost of goods sold Net income $ $ 10,440,000 6,827,760 360,000 8,400,000 5,900,000 248,000 Balance Sheet Information Current assets Long-term assets $ 1,600,000 2,200,000 $ 1,500,000 1,900,000 Total assets $ 3,800,000 $ 3,400,000 $ Current liabilities Long-term liabilities Common stock Retained earnings 1.200,000 1,500,000 800,000 300,000 900.000 1,500,000 800,000 200,000 Total liabilities and stockholders' equity 3,800,000 $ 3,400,000 Required: 1. Calculate the following profitability ratios for 2018 (Round your answers to 1 decimal...
SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $369,230 260,500 47,350 Earnings...
SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $369,230 260,500 47,350 Earnings before interest and taxes Interest paid $ 61,380 15,900 Taxable income Taxes (21%) $ 45,480 9,551 Net income $ 35,929 Dividends Retained earnings $26,000 9,929 Some recent financial statements for Smolira Golf Corp. follow. Assets 2017 2018 Current assets Cash Accounts receivable Inventory $ 24,206 14,048 27.622 SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $...
0 Income statement 2016 2015 Sales revenues Less: Cost of goods sold Gross profit Less: Operating...
0 Income statement 2016 2015 Sales revenues Less: Cost of goods sold Gross profit Less: Operating expenses Operating income Less: Interest expense Income before income taxes (amounts in thousands) 2017 211,400 $ 182,910 105,000 96,000 106,400 $ 86,910 53,000 46,000 53.400 $ 40,910 5.385 6,459 48,015 $ 34,451 22.617 16. 160 Print Done i Income statement JJUJ 0,435 LESS. Merest expense Income before income taxes 48,015 $ 22,647 25,368 $ 34,451 16,160 Less: Income tax expense Net income 18,291 Additional...
Income Statement 2014 2015 2016 2017 Sales/Revenue 55.87B 55.36B 59.39B 62.76B Cost of Goods Sold (COGS)...
Income Statement
2014
2015
2016
2017
Sales/Revenue
55.87B
55.36B
59.39B
62.76B
Cost of Goods Sold (COGS) incl. D&A
20.52B
20.65B
23.43B
23.8B
COGS excluding D&A
11.97B
11.94B
15.64B
15.68B
Depreciation & Amortization Expense
8.55B
8.71B
7.79B
8.13B
Depreciation
7.38B
7.82B
6.27B
6.75B
Amortization of Intangibles
1.17B
890M
1.52B
1.38B
Gross Income
35.35B
34.7B
35.96B
38.96B
2014
2015
2016
2017
SG&A Expense
19.69B
19.84B
21.15B
20.62B
Research & Development
11.56B
11.95B
12.75B
13.14B
Other SG&A
8.14B
7.88B
8.4B
7.48B
Other Operating...
2018 2017 Accounts receivable $40,000 $36,000 Inventory 28,000 35,000 Net sales 190,000 186,000 Cost of goods...
2018 2017 Accounts receivable $40,000 $36,000 Inventory 28,000 35,000 Net sales 190,000 186,000 Cost of goods sold 114,000 108,000 Total assets 425,000 405,000 Total stockholders’ equity 240,000 225,000 Net income 32,500 28,000 101) The 2018 debt to equity ratio is (rounded to one decimal place): A) 80.0%. B) 40.0%. C) 77.1%. D) 60.0%. Sales revenue $440,000 Advertising expense 60,000 Interest expense 10,000 Salaries expense 55,000 Utilities expense 25,000 Income tax expense 45,000 Cost of goods sold 180,000 102) What is...
What is the inventory turnover rate of this company?
January 30, 2016 January 31, 2015 $ $ 2,246 424 1,109 558 5,506 479 7,652 7,616 3,897 514 897 20,576 5,417 493 8.580 7.800 3,743 496 711 21,330 $ $ S ASSETS Current Assets Cash and cash equivalents Receivables Merchandise inventories Prepaid expenses and other current assets Total Current Assets Property and Equipment - net Goodwill Other Intangible Assets-net Other Assets Total Assets LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities: Short-term debt...
I was provided both the Balance Sheet and Statement of income
from which I am supposed to calculate the inventory turnover ratio.
But the balance sheet only has the inventory values for 2016 and
2015, while the statement of income only states the cost of sales
for 2015, 2014, and 2013.
So:
Merchandise inventory (from balance sheet):
January 30, 2016 = $5,506
January 31, 2015 = $5,417
Cost of Sales (from income statement):
2015 = $16,496
2014 = $16,863
2013...
2018 2017 Income Statement Information Sales revenue Cost of goods sold Net income $ $ 10,440,000 6,827,760 360,000 8,400,000 5,900,000 248,000 Balance Sheet Information Current assets Long-term assets $ 1,600,000 2,200,000 $ 1,500,000 1,900,000 Total assets $ 3,800,000 $ 3,400,000 $ Current liabilities Long-term liabilities Common stock Retained earnings 1.200,000 1,500,000 800,000 300,000 900.000 1,500,000 800,000 200,000 Total liabilities and stockholders' equity 3,800,000 $ 3,400,000 Required: 1. Calculate the following profitability ratios for 2018 (Round your answers to 1 decimal...
SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $369,230 260,500 47,350 Earnings before interest and taxes Interest paid $ 61,380 15,900 Taxable income Taxes (21%) $ 45,480 9,551 Net income $ 35,929 Dividends Retained earnings $26,000 9,929 Some recent financial statements for Smolira Golf Corp. follow. Assets 2017 2018 Current assets Cash Accounts receivable Inventory $ 24,206 14,048 27.622 SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $...
0 Income statement 2016 2015 Sales revenues Less: Cost of goods sold Gross profit Less: Operating expenses Operating income Less: Interest expense Income before income taxes (amounts in thousands) 2017 211,400 $ 182,910 105,000 96,000 106,400 $ 86,910 53,000 46,000 53.400 $ 40,910 5.385 6,459 48,015 $ 34,451 22.617 16. 160 Print Done i Income statement JJUJ 0,435 LESS. Merest expense Income before income taxes 48,015 $ 22,647 25,368 $ 34,451 16,160 Less: Income tax expense Net income 18,291 Additional...
Income Statement
2014
2015
2016
2017
Sales/Revenue
55.87B
55.36B
59.39B
62.76B
Cost of Goods Sold (COGS) incl. D&A
20.52B
20.65B
23.43B
23.8B
COGS excluding D&A
11.97B
11.94B
15.64B
15.68B
Depreciation & Amortization Expense
8.55B
8.71B
7.79B
8.13B
Depreciation
7.38B
7.82B
6.27B
6.75B
Amortization of Intangibles
1.17B
890M
1.52B
1.38B
Gross Income
35.35B
34.7B
35.96B
38.96B
2014
2015
2016
2017
SG&A Expense
19.69B
19.84B
21.15B
20.62B
Research & Development
11.56B
11.95B
12.75B
13.14B
Other SG&A
8.14B
7.88B
8.4B
7.48B
Other Operating...
Most questions answered within 3 hours.
-
An enzyme catalyzes the reaction A ⇌ B. The enzyme is present at
a concentration of...
asked 4 minutes ago -
The number of years of education of self-employed individuals in
the United States has a population...
asked 31 minutes ago -
Using the TI-84 calculator, find the area under the standard
normal curve that lies outside the...
asked 18 minutes ago -
You are considering the purchase of a share of Edie's common
stock. You expect to sell...
asked 20 minutes ago -
Assembly Programming
INCLUDE Irvine32.inc
Make a program that takes a string and a word as inputs...
asked 28 minutes ago -
Can I get a C++ code and output for this program using classes
instead of using...
asked 33 minutes ago -
A 4.0 L flask containing chlorine gas is connected to an
evacuated 3.0 L flask. If...
asked 44 minutes ago -
Write an essay containing your thoughts on
whether corporations should be limited in the amount of...
asked 45 minutes ago -
Given the following two sequences x (n)=[3 , 11,7 ,0 ,−1, 4 ,2
],−3≤n≤ 3 ;...
asked 45 minutes ago -
What is the minimal sample size needed for a 95% confidence
interval to have a maximal...
asked 46 minutes ago -
1. Methods of collecting data - Experiments and direct
observation
In each of the following situations,...
asked 59 minutes ago -
Each protein is composed of a maximum of ____________ different
amino acids in varying numbers and...
asked 1 hour ago