Week 7 Assignment Notes More of the Basics and Beyond

Hello, I need help with this question. Screenshots attached (the second screenshot is the balance sheet and income statement).

Please do not give solution in image format ? And Fast Answering Please And Explain Proper Step by Step.

Please do not give solution in image format thanku

Classified Balance Sheet Question: Based on the Classified Balance Sheet you prepared on your scratch paper, what is amount of the Total Long-term Assets shown on the Classified Balance Sheet you prepared on your scratch paper? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer. For example, if you calculated the answer to be $24,123 you would only input: 24123 ASUS f4 f5 f6 f7 f9 f10 f11 %24 & 7 8 9. Y U G H JK V B 因 图 14 %24

Common-size Balance Sheet. Explain what it is and why it is used inbusiness.  Prepare common-size balance sheet for Target with the infoprovided below. Assets CashAccounts receivableInventoryOther current assetsTotal current assetsGross plant and equipmentAccumulated depreciationNet plant and equipmentLong-term investmentsGoodwill, trademarks, andother intangible assetsTotal assets $ Dec 31, 2022$20,2684,8733.2772,886$31,304$25,032-10,065$14,96711,512 32,272 $90,055

Please help me with correct answer thanku

The attached pic is Lannister Salon's Comprehensive Income from 2022-2023.  Here are the following things that I request you to do: Step 1: Recheck my computations and classification of accounts Step 2: Create a Horizontal Analysis for Liquidity (involves current assets and current liabilities accounts). Create a conclusion and at least 3-4 recommendations. Step 3: Create a Horizontal Analysis for Stability (involves non-current assets, non-current liabilities, and owner's equity accounts). Create a conclusion and at least 3-4 recommendations. Make the explanation detailed, and do not provide AI-generated output. Thank you!

Create pro-Forma Financial Statements for 39 Storage. This Business. https://www.39storage.com/ Inclue the following: cash flow statements, income statements, balance sheets, detailed financial projections, and the capital equipment list

review the picture below and correct any lines that involve formulas and add any lines that arent highlighted that need formulas by adding forumlas where they are needed

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The attached picture is Lannister Salon's Comprehensive income for the years 2022-2023. Here are the following things I request you to do: Step 1: Recheck my computations and classification of accounts. Step 2: Create a Horizontal Analysis for Liquidity (involves current assets and current liabilities accounts). Create a conclusion and at least 3-4 recommendations. Step 3: Create a Horizontal Analysis for Stability (involves non-current assets, non-current liabilities, and owner's equity accounts). Create a conclusion and at least 3-4 recommendations. Note: Depends on you on how will you provide analysis, it's okay if it's per account. MAKE THE EXPLANATION DETAILED AND DON'T PROVIDE AI-GENERATED OUTPUT. THANK YOU!

please answer and fix where I am wrong

I am trying to figure out how to do the updated balance sheet but don't know where or how to start?

I need help doing the balance sheet.

Don't use Ai and chatgpt. Answer in step by step with explanation

Please answer all of the following questions and kindly type it out if possible so I can easily understand. I have attached two pictures with the information to complete the questions. Thank You :) As part of your analysis, you are required to investigate WITCO’s cash flows. (a)Using the financial statements and additional notes provided, calculate the following for 2020: i. Operating Cash Flow ii. Net Capital Spending iii. Change in Net Working Capital iv. Cash Flow from assets v. Cash Flow to creditors vi. Cash Flow to stockholders (b) Prepare WITCO’s Statement of Cash Flow for the year ended December 31, 2020. (c)What is the purpose and importanceof the Cash Flow Statement?

please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image)

Hello Tutor, Can I have assistance with creating the attached commomn statement using income and Balance sheet statements along with the interpreation.  I would really appreciate it. using the column of difference on Balance sheet and some transactions on income to determine added or subtracted and transfer to appropriate activity (operating, investing, and financing) with numbers (NO  ü). Please insert more column as you need              Items 2020 2019 Difference Added Subtracted Operating Investing Financing…

Matching  Type Put a Check for the answers.   Statement of financial position. Current assets Liabilities Current liabilities. Obligations expected to be liquidated through use of current assets.         Statement showing financial condition at a point in time.         Probable future outflows of economic benefits         Resources expected to be converted to cash in one year or the operating cycle, whichever is longer

Carter Paint Company has plants in four provinces. Sales last year were $100 million, and the balance sheet at year-end is similar in percent of sales to that of previous years (and this will continue in the future). All assets and current liabilities will vary directly with sales. Assume the firm is already using capital assets at full capacity. Cash Accounts receivable. Inventory Current assets Capital assets Assets Total assets $9 15 10 34 34 $68 Balance Sheet (in $ millions) Liabilities and Shareholders' Equity Accounts payable Accrued vages Accrued taxes Current liabilities. Long-term debt Common stock Retained earnings Total liabilities and shareholders' equity $9 8 7 24 10 15 19 $68 The firm has an aftertax profit margin of 8 percent and a dividend payout ratio of 40 percent. a. If sales grow by 20 percent next year, determine how many dollars of new funds are needed to finance the expansion. (Do not round intermediate calculations. Enter the answer in millions. Round the final…

Question - A formalized report that summarizes your current financial situation, analyzes your financial needs, and recommends future financial activities is: the life cycle model a balance sheet a personal financial plan a tax return

1. Basic concepts A. Finance, or financial management, requires the knowledge and precise use of the language of the field. Match the terms relating to the basic terminology and concepts of the time value of money on the left with the descriptions of the terms on the right. Read each description carefully and type the letter of the description in the Answer column next to the correct term. These are not necessarily complete definitions, but there is only one possible answer for each term. Term Answer   Description Discounting      A. A schedule or table that reports the amount of principal and the amount of interest that make up each payment made to repay a loan by the end of its regular term. Time value of money      B. A loan in which the payments include interest as well as loan principal. Amortized loan      C. A value that represents the interest paid by borrowers or earned by lenders, expressed as a percentage of the amount borrowed or invested over a…

Financial concepts Match the financial concepts in Column A with the correct meaning in Column B, and the correct description of the concept in Column C. You may use the numbering as indicated without writing the words. Please do not create your own numbering. hu Concepts in Financial Management (Column A) 1. Balance sheet 2. Fixed assets 3. Current assets 4. Liability 5. Short-term funds 6. Capital 7. Income Meaning (Column B) A. Costs that re- main unchanged B. Receipts of sales C. Income exceeds costs D. Cash in the bank E. Overall view on the financia posi- tion of a business F. Purchase of assets G. Current liabilities Description (Column C)

Match the words to the definitions. Solvency Accounts Receivable Balance Sheet Noncurrent Assets Income Statement Retained Earnings Noncurrent Liabilities. Liquidity Current Assets Cash Flow Statement ✓ [Choose ] A forecast of the amount and timing of future cash inflows and outflows over some period of time. A summary of the revenues and expenses of a business over a given period of time. When net worth is greater than zero, or assets are greater than liabilities on the balance sheet. The ability to meet the day-to-day cash needs of the firm. Profits that are not paid out in dividends but are reinvested in the firm itself. Summarizes a firm's financial position at a given point in time and lists the firm's assets, liabilities, and net worth. Debts that others owe the business, usually arising from previous credit sales. Something the firms owns or uses that will not turn into cash within the next accounting period. Either cash or an items that will become cash in the next accounting…

HOMEWORK Please tell me if the following are found Assets, Liabilities, Equity, Revenue, or Expense accounts.  Also if they are Real or Nominal accounts Tax Expense  Smith, Drawings Depreciation Expense Supplies on hand

a. Recreate the income statement and balance sheet using formulas wherever possible. Each statement should be on a separate worksheet. Try to duplicate the formatting exactly. b. On another worksheet, create a statement of cash flows for 2020. Do not enter any numbers directly on this worksheet. All formulas should be linked directly to the source on previous worksheets. C. Using Excel's outlining feature, create an outline on the statement of cash flows that, when collapsed, shows only the subtotals for each section. d. Suppose that sales were $425,000 in 2020 rather than $412,500. What is the 2020 net income and retained earnings? e. Undo the changes from part d, and change the tax rate to 20%. What is the 2020 net income and retained earnings?