Financial Statements Research Activity (1)

Assignment  1  : Select a company. It is advised to choose the organization  ( if it is listed )  where you are employed for this assignment. If your organization is not listed you may choose any other listed company from your industry or related industry.  ·  Download last  3  years annual report.  ·  Compute the financial ratios for last  3  years and see the trend  [ Profitability ratios, Liquidity ratios, Activity Ratios, Financing Ratios, and Market Ratios ] .  You need to do this exercise on an excel file.  ·  Provide explanation on the strategic implications of these ratios on your company ’ s financial standing and strategy. You may explain in  2 - 3  lines for each category of ratios.  [ Profitability ratios, Liquidity ratios, Activity Ratios, Financing Ratios, and Market Ratios ] .  Use the same company as the one mentioned in Assignment  1 .   •  Part A: Strategic Analysis  •  Conduct a strategic analysis using PESTLE and Porter ’ s  5  forces tools for understanding the…

Course Material: Introduction to Accounting Financial Statements, Income Statements Your company has the following balance sheet (3 full-time, 4 part-time workers) Construct a NEW balance sheet and income statement Balance Sheet should show totals for current, long-term and total assets and liabilities & equity Current Month Balance Sheet: Assets: Cash Supplies Inventory Total Current Assets Fixed Assets Total Long-Term Assets Total Assets Liabilities and Owner Equity Accounts Payable Wages Payable Owner's Equity Total liabilities and equity NOW, these transactions occur over the next month: Cash Revenue Tips given to employees by customers Ending Supplies Inventory Purchased Supplies Paid out in cash for wages Wages Payable Quarterly rental fee (3 months) Depreciation of fixed asset $ 550.00 $ 320.00 $ 870.00 $ 3,200.00 $ 3,200.00 $ 4,070.00 $ 215.00 $ 750.00 $ 3,105.00 $ 4,070.00 Notes: $ 2,350.00 $ 500.00 Income $ $ $ 300.00 Used Cash 275.00 Can be used within a year 1,500.00…

Course Material: Introduction to Accounting Financial Statements, Income Statements Your company has the following balance sheet (3 full- time, 4 part-time workers) Construct a NEW balance sheet and income statement Balance Sheet should show totals for current, long- term and total assets and liabilities & equity Current Month Balance Sheet: table[[Assets:], [Cash, $, 550.00). (Supplies Inventory.S 320.00], [Total Current Assets, 5, 870.00]] table[[Fixed Assets,5, 3, 200.00

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Required information Skip to question   [The following information applies to the questions displayed below.]   You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company’s financial statements, including comparing Lydex’s performance to its major competitors. The company’s financial statements for the last two years are as follows:   Lydex CompanyComparative Balance Sheet   This Year Last Year Assets         Current assets:         Cash $ 1,020,000 $ 1,260,000 Marketable securities   0   300,000 Accounts receivable, net   2,940,000   2,040,000 Inventory   3,660,000   2,100,000 Prepaid expenses   270,000   210,000 Total current assets   7,890,000   5,910,000 Plant and equipment, net   9,640,000   9,110,000 Total assets $ 17,530,000 $ 15,020,000 Liabilities and Stockholders' Equity         Liabilities:         Current liabilities $ 4,070,000…

Required information Skip to question   [The following information applies to the questions displayed below.]   You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company’s financial statements, including comparing Lydex’s performance to its major competitors. The company’s financial statements for the last two years are as follows:   Lydex CompanyComparative Balance Sheet   This Year Last Year Assets         Current assets:         Cash $ 860,000 $ 1,100,000 Marketable securities   0   300,000 Accounts receivable, net   2,300,000   1,400,000 Inventory   3,500,000   2,000,000 Prepaid expenses   240,000   180,000 Total current assets   6,900,000   4,980,000 Plant and equipment, net   9,320,000   8,950,000 Total assets $ 16,220,000 $ 13,930,000 Liabilities and Stockholders' Equity         Liabilities:         Current liabilities $ 3,910,000 $…

Required information Skip to question   [The following information applies to the questions displayed below.]   You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company’s financial statements, including comparing Lydex’s performance to its major competitors. The company’s financial statements for the last two years are as follows:   Lydex CompanyComparative Balance Sheet   This Year Last Year Assets         Current assets:         Cash $ 1,020,000 $ 1,260,000 Marketable securities   0   300,000 Accounts receivable, net   2,940,000   2,040,000 Inventory   3,660,000   2,100,000 Prepaid expenses   270,000   210,000 Total current assets   7,890,000   5,910,000 Plant and equipment, net   9,640,000   9,110,000 Total assets $ 17,530,000 $ 15,020,000 Liabilities and Stockholders' Equity         Liabilities:         Current liabilities $ 4,070,000…

Required information Skip to question   [The following information applies to the questions displayed below.]   You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company’s financial statements, including comparing Lydex’s performance to its major competitors. The company’s financial statements for the last two years are as follows:   Lydex CompanyComparative Balance Sheet   This Year Last Year Assets         Current assets:         Cash $ 1,020,000 $ 1,260,000 Marketable securities   0   300,000 Accounts receivable, net   2,940,000   2,040,000 Inventory   3,660,000   2,100,000 Prepaid expenses   270,000   210,000 Total current assets   7,890,000   5,910,000 Plant and equipment, net   9,640,000   9,110,000 Total assets $ 17,530,000 $ 15,020,000 Liabilities and Stockholders' Equity         Liabilities:         Current liabilities $ 4,070,000…

https://massygroup.com/wp-content/uploads/2022/11/MASSY-DIGITAL-ANNUAL- REPORT-2022-updated.pdf  a. Conduct a horizontal and vertical analysis of the company’s financial statements to identify trends and patterns over the past two years. (8 marks) b.  Provide an analysis of the company’s financial performance, for shareholders and potential investors, using the trends identified in (a) above and in the context of market and other trends and expectations mentioned in the MDA section of the Annual Report.  c.  Briefly explain how the analysis at (b) would be modified if it was prepared for stakeholders other than shareholders and investors.

Income Statement The accountant for Dolfin Corporation prepared the following income statement. The auditor has asked you to use this statement to provide additional information to Dolfin Corporation on the Final Questions. Dolfin Corporation Income Statement For the Year Ended December 31, 20Y8 Sales $316,840 Expenses: Cost of goods sold $215,451 Selling expenses 41,189 Administrative expenses 34,852 Interest expense 275 Total expenses (291,767) Net income $25,073

Ay 1. Using your financial analysis of Gap Clothing company, Refer to the Annual Reports located in the Class Resources. You will use information in the Form 10-K to complete this assignment. Using the correct formulas and a separate tab for each analysis, calculate the following ratios using Microsoft Excel: Three liquidity ratios for the past 2 years Three solvency ratios for the past 2 years Three profitability ratios for the past 2 years

"Choose from the following list of terms and phrases to best complete the statements below. Fiscal year Timeliness Accrual basis accounting Annual financial statements Cash basis accounting Time period assumption 1. presumes that an organization's activities can be divided into specific time periods. 2.Financial reports covering a one-year period are known as 3.A(n) consists of any 12 consecutive months. 4. records revenues when services are provided and records expenses when incurred. 5. The value of information is often linked to its

Study the following balance sheet to help you prepare for your upcoming interview for an entry-level analyst position at Galaxy Corporation. Galaxy Corporation Balance Sheet           Cash $656,250   Accounts payable $1,575,000 Accounts receivable $2,296,875   Accruals $984,375 Inventory $3,609,375   Notes payable $1,378,125 Total current assets $6,562,500   Total current liabilities $3,937,500       Long-term debt $6,562,500         Total debt $10,500,000       Common equity $2,100,000 Net plant and equipment $10,937,500   Retained earnings $4,900,000         Total equity $7,000,000 Total assets $17,500,000   Total liabilities and equity $17,500,000   During your interview for an introductory-level analyst position at Galaxy Corporation, the interviewer asks you to complete the following table using the information provided in the preceding balance sheet. Net Working Capital $__________________________     Current Ratio…

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Personal hotspot.. Used 72.4 MB Prepare the required financial statements for Metro Company Assume you are an analyst evaluating Metro Company. The following data are available in your financial analysis (unless otherwise indicated, all data are as of December 31, 2015): - 50 points Retained earnings, 12/31/2014 Gross profit margin ratio Day's sales in inventory Acid-test ratio Non current assets Day's sales in receivables Shareholder's equity to total debt Sales (all on credit) Common stock $15 par value; 10,000 shares issued and outstanding; issued at $21 per share. $98,000 25% 45 days 2.5 times $280,000 18 days 4 to 1 $920,000 Using these data, construct the December 31, 2015 balance sheet for your analysis. Operating expenses (excluding taxes and cost of goods sold for 2015) are $180,000. The tax rate is 40%. Assume a 360-day year in ratio computations. Current assets consist of cash, accounts receivable, and inventories. Your answer -> 41 •.. Honor Code | bart.. Lite…

For the months November, December, and January, I have been tasked to find the Current Liabilites, net income, debt ratio, and Return on equity. I have already began work on this assignment and would like some confirmation of my findings as well as work shown for how your answers were found so I can see my errors if any were made.  Thank you.

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Prepare the financial statements for the Quick Tax Corporation as of July 31 in the space below. You will only be preparing the income statement, statement of retained earnings, and the balance sheet. The statement of cash flows is a required financial statement, but is not required for this case study. Quick Tax Corporation Quick Tax Corporation Quick Tax Corporation Income Statement Statement of Retained Earnings Balance Sheet For the Month Ending July 31 For the Month Ending July 31 July 31 Revenues: Retained Earnings, July 1 Assets: Revenue Add: Net Income Cash Subtotal Supplies Expenses: Less: Dividends Prepaid Insurance Rent Expense Retained Earnings, July 31 Equipment Salaries Expense Less: Accum. Depr. Insurance Expense Total Assets Supplies Expense Depreciation Expense Liabilities: Income Tax Expense Accounts Payable Total Expenses Income Tax Payable Total Liabilities Net Income Stockholders' Equity: Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities…

Please help me solve this general accounting problem with the correct financial process.

Vishnu

please answer all with working please answer all with everything  like explanation , computation , formulation with steps please answer in text not image thanks no copy paste  need complete and correct answer

Assume that Denis Savard Inc. has the following accounts at the end of the current year. 1.    Common Stock. 2.    Discount on Bonds Payable. 3.    Treasury Stock (at cost). 4.    Notes Payable (short-term). 5.    Raw Materials. 6.    Preferred Stock Investments (long-term). 7.    Unearned Rent Revenue. 8.    Work in Process. 9.    Copyrights. 10.    Buildings. 11.    Notes Receivable (short-term). 12.    Cash. 13.    Salaries and Wages Payable. 14.    Accumulated Depreciation—Buildings. 15.    Restricted Cash for Plant Expansion. 16.    Land Held for Future Plant Site. 17.    Allowance for Doubtful Accounts. 18.    Retained Earnings. 19.    Paid-in Capital in Excess of Par—Common Stock. 20.    Unearned Subscriptions Revenue. 21.    Receivables—Officers (due in one year). 22.    Inventory (finished goods). 23.    Accounts Receivable. 24.    Bonds Payable (due in 4 years). 25.    Noncontrolling Interest. Instructions Prepare a classified balance sheet in good form. (No monetary amounts…

= You are an accounting intern working for SpringFit Corporation. You have recently been assigned to help one of the accountants who is doing an internal audit of the business. You will be assisting with a review of the payables issued by SpringFit Corporation. Your first task is to review the previous year’s journal entries, shown as follows: Journal Entries, 20Y4 PAGE 15   JOURNAL ACCOUNTING EQUATION     DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 Jan. 1 Cash   1,008,960.00   ↑     2   Premium on Bonds Payable     58,960.00   ↑   3   Bonds Payable     950,000.00   ↑   4 Jun. 30 Interest Expense   18,427.00       ↓ 5   Premium on Bonds Payable   2,948.00     ↓   6   Cash     21,375.00 ↓     7 Jul. 1 Cash   1,729,164.00   ↑     8   Discount on Bonds Payable   70,836.00     ↓   9…

Directions: Given the account balances below, calculate the indicated amounts for the current year's financial statements.  Hint:  Build a balance sheet and income statement in columns to the right of the given numbers and copy each provided item into the appropriate section for the balance sheet or income statement.          Retained Earnings prior year             7,050     PP&E, net             4,440     Wages Expense                  190     Administration Expense                  150     Cash             1,550     Tax Expense                  205     Common Stock                  300     Inventory             3,700     Accounts Payable             1,800     Accounts Receivable             2,700     Notes Payable             2,200     Depreciation Expense                  220     Cost of Goods Sold             6,700     Dividends                  200     Interest Expense                     85     Revenue              8,400     Tax Liability…

use the following link to answer the required https://www.republictt.com/pdfs/annual-reports/RFHL-Annual-Report-2022.pdf Required: Conduct a horizontal and vertical analysis of the company’s financial statements to identify trends and patterns over the past two years.