Assets 2012 2013 Cash 45 50 A/R 331 111 Inventory 197 255 Total 573 416 Net...
| Assets | 2012 | 2013 |
|---|---|---|
| Cash | 45 | 50 |
| A/R | 331 | 111 |
| Inventory | 197 | 255 |
| Total | 573 | 416 |
| Net Fixed Assets | 1000 | 1200 |
| Total Assets | 1573 | 1616 |
| Liabilities | 2012 | 2013 |
|---|---|---|
| Accounts Payable | 157 | 308 |
| Notes Payable | 150 | 125 |
| Total | 307 | 433 |
| Long-Term Debt | 500 | 750 |
| Common Stock | 400 | 400 |
| Retained Earnings | 95 | 125 |
| 1302 | 1708 |
| 2013 | |
|---|---|
| Sales | 3168 |
| Cost of Goods Sold | 2534.4 |
| Depreciation | 200 |
| EBIT | 433.6 |
| Interest | 80 |
| Taxes | 60 |
| Net Income | 293.6 |
A. What is the Current Ratio for 2013 (to nearest 2 decimals)?
B. What is the Quick Ratio (to nearest 2 decimals)?
C. What is the Times Interest Earned ratio for 2013 (nearest 2 decimals)?
D. What is the Debt to Equity ratio for 2012 (to nearest 2 decimals)?
E. What is the Debt to Equity ratio for 2013 (to nearest 2 decimals)?
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Assets 2012 2013 Cash 45 50 A/R 331 111 Inventory 197 255 Total 573 416 Net...
Assets 2012 2013 Cash 45 50 A/R 331 111 Inventory 197 255 Total 573 416 Net...
Assets 2012 2013 Cash 45 50 A/R 331 111 Inventory 197 255 Total 573 416 Net Fixed Assets 1000 1200 Total Assets 1573 1616 Liabilities 2012 2013 Accounts Payable 157 308 Notes Payable 150 125 Total 307 433 Long-Term Debt 500 750 Common Stock 400 400 Retained Earnings 95 125 1302 1708 2013 Sales 3168 Cost of Goods Sold 2534.4 Depreciation 200 EBIT 433.6 Interest 80 Taxes 60 Net Income 293.6 A. What is the Profit Margin for 2013 (...
1.) What is the Current Ratio for 2013 (to nearest 2 decimals)? 2.) What is the...
1.)
What is the Current Ratio for 2013 (to nearest 2 decimals)?
2.) What is the Quick Ratio (to nearest 2 decimals)?
3.) What is the Times Interest Earned ratio for 2013 (nearest 2
decimals)?
4.) What is the Debt to Equity ratio for 2012 (to nearest 2
decimals)?
5.) What is the Debt to Equity ratio for 2013 (to nearest 2
decimals)?
6.) What is the Profit Margin for 2013 ( to nearest 2
decimals)?
7.) What is the...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net Fixed Assets 1000 1200 Total Assets 1793 1788 Liabilities 2012 2013 Accounts Payable 341 327 Notes Payable 150 125 Total 491 452 Long-Term Debt 500 750 Common Stock 400 400 Retained Earnings 95 125 1486 1727 2013 Sales 1553 Cost of Goods Sold 1242 Depreciation 200 EBIT 111 Interest 80 Taxes 60 Net Income -29 A. What is the Cash Cycle (to 1 decimal)?...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net Fixed Assets 1000 1200 Total Assets 1793 1788 Liabilities 2012 2013 Accounts Payable 341 327 Notes Payable 150 125 Total 491 452 Long-Term Debt 500 750 Common Stock 400 400 Retained Earnings 95 125 1486 1727 2013 Sales 1553 Cost of Goods Sold 1242 Depreciation 200 EBIT 111 Interest 80 Taxes 60 Net Income -29 A. What is the Accounts Payable Turnover Ratio (to...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net Fixed Assets 1000 1200 Total Assets 1793 1788 Liabilities 2012 2013 Accounts Payable 341 327 Notes Payable 150 125 Total 491 452 Long-Term Debt 500 750 Common Stock 400 400 Retained Earnings 95 125 1486 1727 2013 Sales 1553 Cost of Goods Sold 1242 Depreciation 200 EBIT 111 Interest 80 Taxes 60 Net Income -29 A. What is the Accounts Payable Turnover Ratio (to...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net...
Assets 2012 2013 Cash 45 50 A/R 362 301 Inventory 386 237 Total 793 588 Net Fixed Assets 1000 1200 Total Assets 1793 1788 Liabilities 2012 2013 Accounts Payable 341 327 Notes Payable 150 125 Total 491 452 Long-Term Debt 500 750 Common Stock 400 400 Retained Earnings 95 125 1486 1727 2013 Sales 1553 Cost of Goods Sold 1242 Depreciation 200 EBIT 111 Interest 80 Taxes 60 Net Income -29 What is the Accounts Receivable Turnover (to 1 decimal)?
Assets 2012 2013 Cash A/R Inventory 386 237 Total Net Fixed Assets Total Assets 1793 1788...
Assets 2012 2013 Cash A/R Inventory 386 237 Total Net Fixed Assets Total Assets 1793 1788 45 5 362 301 793 588 1000 1200 Liabilities 2012 2013 Accounts Payable Notes Payable Total Long-Term Debt Common Stock Retained Earnings 341 327 150 125 491 452 500 750 400 400 95 125 1486 1727
Data Table 2014 2013 2012 ASSETS Current Assets Cash $ $ Accounts receivable Inventory Other current...
Data Table 2014 2013 2012 ASSETS Current Assets Cash $ $ Accounts receivable Inventory Other current assets Barron Pizza, Inc. Balance Sheet as of December 31, 2012, 2013, and 2014 ($ in thousands) 2014 2013 2012 LIABILITIES Current liabilities 7,010 $ 9,387 $ 17,662 Accounts payable 26,604 $ $ 25,881 Short-term debt 16,394 $ 12,595 Total current liabilities 11,504 $ 10,814 Long-term debt 62,401 $ 57,485 $ 65,181 Other liabilities 19,125 $ $ 20,977 Total liabilities OWNERS' EQUITY 203,828 $...
Quick assets Inventory and prepaid expenses Other assets Total Assets Current liabilities 10% Bonds payable 896...
Quick assets Inventory and prepaid expenses Other assets Total Assets Current liabilities 10% Bonds payable 896 Preferred stock, $100 par value Common stock, $10 par value Retained earnings Total Liabilities and Stockholders' Equity Dec. 31, 2013 Dec. 31, 2012 $610,000 $562,000 382,000 322,000 4,788,000 4,176,000 $5,780,000 $5,060,000 $634,000 $550,000 1,450,000 1,450,000 480,000 480,000 2,700,000 2,160,000 516,000 420,000 $5,780,000 $5,060,000 For 2013, net sales amount to $12,280,000, net income is $583,600, and preferred stock dividends paid are $39,400. Required Calculate the...
Booth's Fixed assets were used to only of 80% capacity during 2012, but its current assets...
Booth's Fixed assets were used to only of 80% capacity during
2012, but its current assets were at their proper levels relations
sales. All assets except fixed assets must increase at the same
rate as sales, and fixed assets would also have to increase at the
same rate if the current excess capacity did not exist. Booth's
after-tax profit margin is forecasted to be 7% and its payout ratio
to be 40%. What is Booth's additional funds needed (AFN) for...
1.)
What is the Current Ratio for 2013 (to nearest 2 decimals)?
2.) What is the Quick Ratio (to nearest 2 decimals)?
3.) What is the Times Interest Earned ratio for 2013 (nearest 2
decimals)?
4.) What is the Debt to Equity ratio for 2012 (to nearest 2
decimals)?
5.) What is the Debt to Equity ratio for 2013 (to nearest 2
decimals)?
6.) What is the Profit Margin for 2013 ( to nearest 2
decimals)?
7.) What is the...
Assets 2012 2013 Cash A/R Inventory 386 237 Total Net Fixed Assets Total Assets 1793 1788 45 5 362 301 793 588 1000 1200 Liabilities 2012 2013 Accounts Payable Notes Payable Total Long-Term Debt Common Stock Retained Earnings 341 327 150 125 491 452 500 750 400 400 95 125 1486 1727
Data Table 2014 2013 2012 ASSETS Current Assets Cash $ $ Accounts receivable Inventory Other current assets Barron Pizza, Inc. Balance Sheet as of December 31, 2012, 2013, and 2014 ($ in thousands) 2014 2013 2012 LIABILITIES Current liabilities 7,010 $ 9,387 $ 17,662 Accounts payable 26,604 $ $ 25,881 Short-term debt 16,394 $ 12,595 Total current liabilities 11,504 $ 10,814 Long-term debt 62,401 $ 57,485 $ 65,181 Other liabilities 19,125 $ $ 20,977 Total liabilities OWNERS' EQUITY 203,828 $...
Quick assets Inventory and prepaid expenses Other assets Total Assets Current liabilities 10% Bonds payable 896 Preferred stock, $100 par value Common stock, $10 par value Retained earnings Total Liabilities and Stockholders' Equity Dec. 31, 2013 Dec. 31, 2012 $610,000 $562,000 382,000 322,000 4,788,000 4,176,000 $5,780,000 $5,060,000 $634,000 $550,000 1,450,000 1,450,000 480,000 480,000 2,700,000 2,160,000 516,000 420,000 $5,780,000 $5,060,000 For 2013, net sales amount to $12,280,000, net income is $583,600, and preferred stock dividends paid are $39,400. Required Calculate the...
Booth's Fixed assets were used to only of 80% capacity during
2012, but its current assets were at their proper levels relations
sales. All assets except fixed assets must increase at the same
rate as sales, and fixed assets would also have to increase at the
same rate if the current excess capacity did not exist. Booth's
after-tax profit margin is forecasted to be 7% and its payout ratio
to be 40%. What is Booth's additional funds needed (AFN) for...
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