Analysis5

Calculate the average life, average age, and asset turnover ratios for Exxon Mobil. Discuss what each ratio tells you in the context of your chosen company. Calculate the accounts receivable turnover ratio and convert that ratio into days. Discuss what each ratio tells you in the context of your chosen company. Assets Fiscal year is January-December. All values USD millions. 2018 2019   Cash & Short Term Investments 3.04B 3.09B   Cash Only 3.04B 3.09B   Short-Term Investments - -   Total Accounts Receivable 24.7B 26.97B   Accounts Receivables, Net 19.64B 21.1B   Accounts Receivables, Gross 20.04B 21.51B   Bad Debt/Doubtful Accounts (400M) (405M)   Other Receivables 5.06B 5.87B   Inventories 18.96B 18.53B   Finished Goods 14.8B 14.01B   Work in Progress - -   Raw Materials 4.16B 4.52B   Progress Payments & Other - -   Other Current Assets 1.27B 1.47B…

question 9

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I posted this a few days ago. In the attached image is the updated trial balance. All I need is help with creating the balance sheet from the provided data.  ACC 122 Fall 2020Comprehensive ProjectBestValue Corporation's Trial Balance at December 31, 20XX is presented below.All 20XX transactions have been recorded except for the items described on the next page.Debit CreditCash $ 109,890Accounts Receivable 28,789Inventory 25,540Debt Investments 0Land 55,674Buildings 215,850Equipment 75,120Allowance for Doubtful Accounts $ 1,027Accumulated Depreciation-Buildings 63,306Accumulated Depreciation-Equipment 16,048Accounts Payable 35,278Interest Payable 0Unearned Rent Revenue 48,900Dividends Payable 0Income Tax Payable 0Bonds Payable 0Discount on Bonds Payable 0Common Stock ($2 par) 29,200Paid in Capital in Excess of Par-Common Stock 44,580Preferred Stock ($60 par) 0Paid in Capital in Excess of Par-Preferred Stock 0Retained Earnings 107,904Treasury Stock 0Cash Dividends 0Sales Revenue…

Hello Tutor, I have completed the following question.  Can you verify if it is correct?  Thank you. [2] Using comparative analysis on Balance sheet                                                                          ABC Inc.,                                                                 Balance Sheet                       Assets 2020 2019 Difference % changed Cash $  70,000 $  51,000     Account Receivable     55,000     30,000     Inventory     75,000     61,000     Prepaid Insurance     12,000     12,000     Short term investment     65,000     50,000     Note Receivable     23,000     38,000     Investments     55,000     85,000     Equipment     70,000     48,000     Building   145,000   145,000     Land     40,000     25,000        Total Assets $610,000 $545,000                                 Liabilities…

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View Policies Current Attempt in Progress Write a formula for the quantity described. The balance in an interest-bearing bank account, if the balance triples in 20 years. Let Bo be the initial balance and t be the number of years. NOTE: Round your answer to three decimal places. B = IT || eTextbook and Media 2 Q Search fg PRE hp fg 10 S >11 H mehp

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Task 2: Evaluate the company's efficiency in collecting its accounts receivable during the fiscal year ended 31 December 2021. Use the company's information from its annual reports: Receivables as of 31 December 2020 $4,468,392 $4,972,722 $45,349,943 Receivables as of 31 December 2021 Sales revenue for year ended 31 December 2021 1. Calculate the company's number of days of sales outstanding (DSO) for the fiscal year ended 31 December 2021. (Use the average receivables to calculate the ratio). Not Accounting receivable Average Day's sales in receivable = 154; 2. Interpret the calculated ratio. 3. Assume that the industry average DSO ratio is 60 days. Based on this information and the subject company's DSO ratio, critically evaluate the company's credit policy and its implications.

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Perform the Reperformance or Recalculation procedures to check the mathematical accuracy ofthe Income Statement. What issue did you find? What is the next step? Create a Correctedversion of the Income Statement. Income Statement       For the Year Ended For the Year Ended Revenue 3/31/2021 3/31/2022 Sales Revenue: Corporate Accounts  $              353,739.57  $              343,050.56 Sales Revenues: Storefront  $                80,649.00  $                91,411.50 Total Sales Revenue  $             434,388.57  $             434,462.06 Cost of Goods Sold: Ingredients  $                69,736.39  $                64,645.64 Cost of Goods Sold: Boxes and Cupcake Cups  $                  3,875.55  $                  3,755.55 Cost of Goods Sold: Beverages  $                  5,466.50  $                  5,681.50 Total COGS  $                76,078.44  $                74,082.69 Gross Profit  $             358,310.13  $             360,379.37 Interest Revenue  $…

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I uploaded pictures for problem 17-4B. I am trying to figure out the  3. Quick Ratio 4. Accounts receivable   turnover         5. Number of days'   sales in receivables       6. Inventory turnover       7. Number of days'   sales in inventory 8. Ratio of Fixed Assets to long-term Liabilities 9. Ratio of Liabilities to Stockholders Equity 10. Times interest earned 11. Asset Turnover 13. Return on Stockholders Equity 14. Return on Common Stockhholders Equity  15. Earnings per share on Common stock 16. Price Earnings Ratio 17. Dividends per share of Common Stock 18. Dividend yield

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Apple Inc Please use Apple Inc’s complete annual report, including the notes to its financial statements for 2019 and 2018 to answer this case study. Information are available at the company's website. Apple's financial statements contain the following selected accounts, stated in millions of dollars. Accounts PayableAccounts ReceivableProperty, Plant, and Equipment Instructions Cash and Cash Equivalents Research and Development Expense Inventories a. Answer the following questions.1. What is the increase and decrease side for each account? 2. What is the normal balance for each account? b. Identify the probable other account in the transaction and the effect on that account when: 1. Accounts Receivable is decreased. 2. Accounts Payable is decreased.3. Inventories are increased. c. Identify the other account(s) that ordinarily would be involved when: 1. Research and Development Expense is increased.2. Property, Plant, and Equipment is increased.

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Toby’s forecasted 2021 financial statements follow, along with some industry average ratios.  Calculate Toby’s 2021 forecasted ratios and fill in the above table.  Calculate the EPS and DPS.  The company has a 40% payout ratio.