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A Comparison of Firm Performance 1 2 2013 Financials 3 Net operating revenues 4 Cost of goods sold 5 Gross profit 6 Selling, general, and administrative expense 7 Other costs 8 Operating income 9 Interest expense 10 Other income (loss) - net 11 Income before income taxes 12 Income taxes 13 Net income 14 Assets 15 Cash and cash equivalents 16 Net receivables 17 Inventories 18 Prepaid expenses and other 19 Total current assets 20 Property, plant and equipment 21 Goodwill 22 Other assets 23 Total assets 24 Liabilities and Stockholder Equity 25 Accounts payable 26 Short-term debt 27 Total current liability 28 Long-term debt 29 Other liabilities 30 Total liabilities 31 Stockholder equity 32 B Walmart 469,162 352,488 116,674 88,873 27,801 2,251 187 25,737 7,981 17,756 7,781 6,768 43,803 1,588 59,940 116,681 20,497 5,987 203,105 59,099 12,719 71,818 41,417 113,235 89,870 C Macy's 27,931 16,725 11,206 8,440 88 2,678 388 (134) 2,156 767 1,389 1,836 371 5,308 361 7,876 8,196 3,743 1,176 20,991…

The table below contains data on Fincorp Incorporated. The balance sheet items correspond to values at year-end 2021 and 2022, while the income statement items correspond to revenues or expenses during the year ended 2021 and 2022. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable. Net fixed assets* Long-term debt Notes payable Dividends paid Cash and marketable securities 2021 $ 4,100 1,700 470 270 520 240 340 320 350 4,800 2,400 687 380 760 Net working capital 2022 $ 4,200 1,800 490 335 570 240 360 355 395 * Taxes are paid in their entirety in the year that the tax obligation is incurred. t Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. 5,540 2,860 540 380 480 What was the change in net working capital during the year? Note: Enter your answer in thousands of dollars. by

The table below contains data on Fincorp Incorporated. The balance sheet items correspond to values at year-end 2021 and 2022, while the income statement items correspond to revenues or expenses during the year ended 2021 and 2022. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assets* Long-term debt Notes payable Dividends paid Cash and marketable securities 2021 $ 4,300 1,200 Earnings per share 2021 480 400 430 200 680 300 380 ..... 4,000 2,900 875 340 730 2022 $ 4,400 1,300 500 435 2022 480 200 700 * Taxes are paid in their entirety in the year that the tax obligation is incurred. t Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. 365 420 Suppose that Fincorp has 408,000 shares outstanding. What were earnings per share in 2022? (Round your answers to 2 decimal places.) 4,710 3,230…

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Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Target Corporation Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Total assets Total stockholders' equity Current liabilities Total liabilities Walmart Inc. Income Statement Data for Year $65,357 $408,214 45,583 304,657 79,607 707 2,065 (94) (411) 1,384 7,139 $ 2,488 $ 14,335 Balance Sheet Data (End of Year) $18,424 $48,331 122,375 $170,706 $55,561 44,089 71,056 $170,706 15,101 26,109 $44,533 $11,327 17,859 15,347 $44,533 Beginning-of-Year Balances $44,106 $163,429 65,682 55,390 97,747 13,712 10,512 30,394 Other Data

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The table below contains data on Fincorp Incorporated. The balance sheet items correspond to values at year-end 2021 and 2022, while the income statement items correspond to revenues or expenses during the year ending in either 2021 or 2022. All values are in thousands of dollars. * Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assets Long-term debt Notes payable Dividends paid Cash and marketable securities 2021 $ 4,000 1,900 440 290 400 110 350 330 380 5,500 2,900 821 440 850 Price 2022 $ 4,100 2,000 460 340 450 110 370 405 440 Taxes are paid in their entirety in the year that the tax obligation is incurred. per share 6,340 3,330 520 440 460 t Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. Suppose that the market value (in thousands of dollars) of Fincorp's fixed assets in 2022 is $6,570 and that the value of its…

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During 2018​, Evensen ​Network, Inc., which designs network​ servers, earned revenues of $900 million. Expenses totaled $580 million. Evensen collected all but $29 million of the revenues and paid $590 million on its expenses.   Read the requirements LOADING... .   Requirement a. Under accrual​ accounting, what amount of revenue should Evensen report for 2018​? How does the revenue principle help to answer this​ question?   The amount of revenue that should be reported for the year is $ 900 million. How does the revenue principle help to answer this​ question?   The revenue principle says to record revenue when it has been (collected, earned, recorded)​, regardless of when (cash is collected, revenue is earned, sold inventory is delivered).​Therefore, the amount of revenue reported is what Evensen (collected, earned ,paid).   ()= blank. inside are the word choices

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The table below contains data on Fincorp Incorporated. The balance sheet items correspond to values at year-end 2021 and 2022, while the income statement items correspond to revenues or expenses during the year ended 2021 and 2022. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assetst Long-term debt Net working capital 2021 $ 4,200 1,800 decreased 490 350 580 240 340 310 430 6,000 1,900 990 400 880 2022 $ 4,300 1,900 Notes payable Dividends paid Cash and marketable securities * Taxes are paid in their entirety in the year that the tax obligation is incurred. t Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. What was the change in net working capital during the year? (Enter your answer in thousands of dollars.) by 510 380 630 240 360 345 460 6,740 2,340 510 400 330

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As a financial analyst of Bintang Bulan Berhad, you are required to analyse the company's financial performance. The financial statements of the company are as follows: BINTANG BULAN BERHAD STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2022 (RM) Cash Account Receivable Inventory Prepaid expenses Net buildings and equipment TOTAL ASSETS Depreciation 48,500 Account Payable Notes Payable 64,000 Operating profit Less: Interest Profit before tax Less: Tax PROFIT AFTER TAX 56,000 21,000 2,500,500 Revenue Less: Cost of goods sold Gross profit Less: Selling and administrative expenses Current Ratio Quick Ratio Debt Ratio Time Interest Earned Accruals Long-term debt Bond Preferred share Common share Retained earnings 2,690,000 TOTAL CLAIMS BINTANG BULAN BERHAD STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 31 DECEMBER 2022 INDUSTRY AVERAGE RATIOS 2.10 times Average Collection Period 1.30 times Inventory Turnover Net Profit Margin 30 percent 6.5 times Return on Assets 38,000 24,000 20,000…

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REQUIRED Use the information provided in below to answer the following questions for the financial year ended 31 December 2023. Note: Answers to the ratios must be expressed to two decimal places. Comment on the management of debtors and creditors after calculating the relevant ratios. Determine the percentage of the profit after tax that has been retained by the company. Calculate the return on capital employed and comment on your answer. Would prospective lenders be concerned about the relative proportion of borrowed capital and own capital? Motivate your answer by calculating the relevant ratio. Calculate the ratio that measures the efficiency with which the non-current and current assets of company were managed. Comment on the ability of the company to settle its short-term debts under distress conditions. Use a relevant ratio to motivate your answer. INFORMATION The following information was obtained from the financial records of Fiona Limited:

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Here are simplified financial statements for Phone Corporation in 2020: Net sales Cost of goods sold other expenses INCOME STATEMENT (Figures in $ millions) Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Taxes (at 21%) Net income Dividends Assets cash and marketable securities Receivables Inventories other current assets BALANCE SHEET (Figures in $ millions) Total current assets Net property, plant, and equipment other long-term assets Total assets Liabilities and shareholders' equity Payables short-term debt other current liabilities Total current liabilities Long-term debt and leases other long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 12,400 3,660 4,137 2,278 $ 2,325 645 a. Return on equity (use average balance sheet figures) b. Return on assets (use average balance sheet figures) $ 1,680 353 $ 1,327 $ 796 j. Times interest earned k. Cash coverage ratio 1. Current ratio (use end-of-year balance sheet…

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The following selected data for the Food Factory Corporation were gathered by the accountants for the year ended December 31, 2020, who are responsible for preparing the financial statements:                             Cost of goods sold $47,300                         Depreciation expense 14,100                         Other operating expenses 15,700                         Loss on sale of investments 1,900                         Gain on sale of capital assets 6,200                         Sales revenue 99,700                         Interest revenue 7,100                         Dividend revenue 3,200                         Salary expense 24,700                         Interest expense 5,200                         Income tax expense 2,700                         Net income 4,600                                                                                                             The cash account began the year with a balance of $32,500 and…

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Here are simplified financial statements for Phone Corporation in 2020: Net sales Cost of goods sold Other expenses INCOME STATEMENT (Figures in $ millions) Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Taxes (at 21%) Net income Dividends Assets Cash and marketable securities Receivables Inventories Other current assets BALANCE SHEET (Figures in $ millions) Total current assets Net property, plant, and equipment Other long-term assets. Total assets Liabilities and shareholders' equity Payables Short-term debt Other current liabilities Total current liabilities Long-term debt and leases Other long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 13,600 4,310 4,162 2,668 $2,460 718 $1,750 368 a. Return on equity (use average balance sheet figures) b. Return on assets (use average balance sheet figures) c. Return on capital (use average balance sheet figures) d. Days in inventory (use start-of-year balance sheet…