Homework Answers
Times interest earned = Income before taxes + interest / Interest expense
Current year = (42,186,747 + 14,009,220 +655,402) / 655,402 = 86.74 times
Prior year = (22,726,092+7,987,560+587,831) / 587,831 = 53.25 times
Any doubt please comment.
Add Answer to:
i need help figuring out the interest i already figured out the other two trying to...
AA 09-3 Global Analysis LO A1 Comparative figures for Samsung, Apple, and Google follow. In millions...
AA 09-3 Global Analysis LO A1 Comparative figures for Samsung, Apple, and Google follow. In millions Net income Income taxes Interest expense Samsung Apple Current Prior Current Prior Year Year Year Year W42,186,747 W22.726,092 $48,351 $45,687 14, 209, 220 7.987,560 15,738 15,685 655,402 S87,8312 .323 1.456 Google Current Prior Year Year $12.662 $19,478 14,531 4,672 109 124 Required: 1. Compute the times interest earned ratio for the most recent two years for Samsung using the data shown 2. Is the...
$ millions Net income Income taxes Interest expense Apple Current One Year Two Years Year Prior...
$ millions Net income Income taxes Interest expense Apple Current One Year Two Years Year Prior Prior $48,351 $45,687 $53,394 15,738 15,685 19, 121 2,323 1,456 733 Google Current One Year Two Years Year Prior Prior 12,662 19,478 16,348 14,5314,672 3,303 109 124 104 Required: 1. Compute times interest earned for the three years' data shown for each company. 2. In the current year, and using times interest earned, which company appears better able to pay interest obligations? 3. In...
$ millions Net income Income taxes Interest expense Apple Current One Year Two Years Year Prior...
$ millions Net income Income taxes Interest expense Apple Current One Year Two Years Year Prior Prior $48,351 $45,687 $53, 394 15,738 15,685 19, 121 2,323 1,456 733 Google Current One Year Two Years Year Prior Prior 12,662 19,478 16,348 14,5314,6723, 303 109 124 104 Required: 1. Compute times interest earned for the three years' data shown for each company. 2. In the current year, and using times interest earned, which company appears better able to pay interest obligations? 3....
please help Key figures for the recent two years of both Apple and Google follow. $...
please help
Key figures for the recent two years of both Apple and Google follow. $ millions Net income Net sales Current assets Current liabilities Apple Current Year Prior Year $ 48,351 $ 45,687 229,234 215, 639 128,645 106,869 100,814 79,006 Google Current Year Prior Year $ 12,662 $ 19,478 110,855 90,272 124,308 105,408 24,183 16,756 Required: 1. Compute profit margins for (a) Apple and (6) Google for the two years of data reported above. 2. In the current year,...
Key financial figures for Apple's two most recent fiscal years follow. $ millions Liabilities + Equity...
Key financial figures for Apple's two most recent fiscal years follow. $ millions Liabilities + Equity Net income Revenues Current Year $375, 319 48,351 229,234 Prior Year $321,686 45,687 215,639 Required: 1. What is the total amount of assets invested in Apple in the current year? 2. What is Apple's return on assets for the current year? 3. How much are total expenses for Apple for the current year? 4. ls Apple's current-year return on assets better or worse than...
AA 3-2 Comparative Analysis LO A1, A2 Key figures for the recent two years of both...
AA 3-2 Comparative Analysis LO A1, A2 Key figures for the recent two years of both Apple and Google follow. $ millions Net income Net sales Current assets Current liabilities Apple Current Year Prior Year $ 48,351 $ 45,687 229,234 215,639 128,645 106,869 100,814 79,006 Google Current Year Prior Year $ 12,662 $ 19,478 110,855 90, 272 124,308 105,408 24,183 16,756 Required: 1. Compute profit margins for (a) Apple and (b) Google for the two years of data reported above....
I need help figuring out what formula to use for the following question: Using the cash...
I need help figuring out what formula to use for the following question: Using the cash flows below, what is the NPV of all the cashflows using an interest rate of 10% ? Now: - $120 After 1 year: + $20 After 2 years: + $90 After 3 years: - $10 After 4 years: + $30 After 5 years: + $30 After 6 years: + $30 After 7 years: + $40
This is a little long, but I need help figuring it out. I see other questions...
This is a little long, but I need help figuring it out. I see other questions close to this one, but not exactly, so I'm confused. Suppose you are collecting data from a country like Japan where the government sets the price of health care. Each prefecture in Japan has a different set of prices. -Table 2.2 Outpatient utilization in Tokyo & Hokkaido, 1999 Region: Oupatient visits Price per visit Tokyo 1.25/month 20 yen Hokkaido 1.5/month 10 yen A) What...
I need help figuring out the second part of the question. The demand curve and supply...
I need help figuring out the
second part of the question.
The demand curve and supply curve for one-year discount bonds with a face value of $1,030 are represented by the following equations gt. Price=-08Quantity +1,160 Suppose that, as a result of monetary policy actions, the Federal Reserve sells 80 bonds that it holds. Assume that bond demand and money demand are held constant. Which of the following statements is true? 0 A. O B. If the Fed decreases the...
I need help with the solution and explanation in the whole question Please and Thank you....
I need help with the solution and explanation in the whole
question Please and Thank you.
Connect Homework - Chapter 9 Saved Help Save & Exit Submit 5 Required information Problem 9-5A Computing and analyzing times interest earned LO A1 The following information applies to the questions displayed below] Part 1 of 2 Shown here are condensed income statements for two different companies (assume no income taxes) Miller Company 1 Sales $1,150,000 920,000 230,000 76,000 $ 154,000 points Variable expenses...
AA 09-3 Global Analysis LO A1 Comparative figures for Samsung, Apple, and Google follow. In millions Net income Income taxes Interest expense Samsung Apple Current Prior Current Prior Year Year Year Year W42,186,747 W22.726,092 $48,351 $45,687 14, 209, 220 7.987,560 15,738 15,685 655,402 S87,8312 .323 1.456 Google Current Prior Year Year $12.662 $19,478 14,531 4,672 109 124 Required: 1. Compute the times interest earned ratio for the most recent two years for Samsung using the data shown 2. Is the...
$ millions Net income Income taxes Interest expense Apple Current One Year Two Years Year Prior Prior $48,351 $45,687 $53,394 15,738 15,685 19, 121 2,323 1,456 733 Google Current One Year Two Years Year Prior Prior 12,662 19,478 16,348 14,5314,672 3,303 109 124 104 Required: 1. Compute times interest earned for the three years' data shown for each company. 2. In the current year, and using times interest earned, which company appears better able to pay interest obligations? 3. In...
$ millions Net income Income taxes Interest expense Apple Current One Year Two Years Year Prior Prior $48,351 $45,687 $53, 394 15,738 15,685 19, 121 2,323 1,456 733 Google Current One Year Two Years Year Prior Prior 12,662 19,478 16,348 14,5314,6723, 303 109 124 104 Required: 1. Compute times interest earned for the three years' data shown for each company. 2. In the current year, and using times interest earned, which company appears better able to pay interest obligations? 3....
please help
Key figures for the recent two years of both Apple and Google follow. $ millions Net income Net sales Current assets Current liabilities Apple Current Year Prior Year $ 48,351 $ 45,687 229,234 215, 639 128,645 106,869 100,814 79,006 Google Current Year Prior Year $ 12,662 $ 19,478 110,855 90,272 124,308 105,408 24,183 16,756 Required: 1. Compute profit margins for (a) Apple and (6) Google for the two years of data reported above. 2. In the current year,...
Key financial figures for Apple's two most recent fiscal years follow. $ millions Liabilities + Equity Net income Revenues Current Year $375, 319 48,351 229,234 Prior Year $321,686 45,687 215,639 Required: 1. What is the total amount of assets invested in Apple in the current year? 2. What is Apple's return on assets for the current year? 3. How much are total expenses for Apple for the current year? 4. ls Apple's current-year return on assets better or worse than...
AA 3-2 Comparative Analysis LO A1, A2 Key figures for the recent two years of both Apple and Google follow. $ millions Net income Net sales Current assets Current liabilities Apple Current Year Prior Year $ 48,351 $ 45,687 229,234 215,639 128,645 106,869 100,814 79,006 Google Current Year Prior Year $ 12,662 $ 19,478 110,855 90, 272 124,308 105,408 24,183 16,756 Required: 1. Compute profit margins for (a) Apple and (b) Google for the two years of data reported above....
I need help figuring out the
second part of the question.
The demand curve and supply curve for one-year discount bonds with a face value of $1,030 are represented by the following equations gt. Price=-08Quantity +1,160 Suppose that, as a result of monetary policy actions, the Federal Reserve sells 80 bonds that it holds. Assume that bond demand and money demand are held constant. Which of the following statements is true? 0 A. O B. If the Fed decreases the...
I need help with the solution and explanation in the whole
question Please and Thank you.
Connect Homework - Chapter 9 Saved Help Save & Exit Submit 5 Required information Problem 9-5A Computing and analyzing times interest earned LO A1 The following information applies to the questions displayed below] Part 1 of 2 Shown here are condensed income statements for two different companies (assume no income taxes) Miller Company 1 Sales $1,150,000 920,000 230,000 76,000 $ 154,000 points Variable expenses...
Most questions answered within 3 hours.
-
Hello, regarding the photoelectric effect I had a couple
questions:
Red light is shining on a...
asked 5 minutes ago -
build a sample navigation Sprite in css ?
asked 4 minutes ago -
Please write a C# program for an concert sale with the
requirements below in Console Form:...
asked 7 minutes ago -
use linux follow instructions , put the commands at each step
and screenshot at each step...
asked 20 minutes ago -
Suppose producer’s production function let q(K, E) =
K0.5E0.5
Suppose producer’s cost function if w=w’ and...
asked 16 minutes ago -
Using the information given below for the fictitious country
"Alpha," find the national saving rate.
...
asked 7 minutes ago -
What is the advantage(s) of using iPS instead of ES cells for stem
cell therapies?
asked 17 minutes ago -
1. The return on assets
(ROA) for XYZ Hospital Systems Inc, below, for the year 20XX
was...
asked 19 minutes ago -
Chelsea, a vegan woman, has just found out she is pregnant. What
nutrient deficiencies are common...
asked 15 minutes ago -
1.
In the laws of optics experiment, a student measured the
intensity of a light source...
asked 23 minutes ago -
What is the length of a box in which the minimum energy of an
electron is...
asked 25 minutes ago -
A Government of Canada bond will pay $50 at the end of every six
months for...
asked 26 minutes ago