Ch07 P15 Build a Model-913649

Seminole Corporation reported the following items at December 31, 2021, and 2020: (Click the icon to view the comparative financial information.) Read the requirements. Requirement 1. Compute the company's (a) quick (acid-test) ratio and (b) days' sales outstanding for 2021. Evaluate each ratio value as strong or weak. All sales are on account with terms of net 30 days. (a) Enter the formula and calculate the quick (acid-test) ratio for 2021. (Abbreviation used: Cash* = Cash and cash equivalents. Round your final answer to two decimal places.) Cash* + Short-term investments + Net current receivables + Total current liabilities = Quick (acid-test) ratio $ Seminole's quick (acid-test) ratio is considered fairly weak. (b) Select the formula and calculate Seminole's days' sales outstanding for 2021. (Round interim calculations to two decimal places, XX.XX. Round the days' sales outstanding up to the next whole day.) Accounts receivable turnover = + Days' sales outstanding Seminole's days'…

Liquidity Ratios: 2022 2021 Current ratio     Working capital   I need help finding liquidity ratios. Could you explain why you got that? Thanks.

What is Ratio Corporation's Fiscal 2021 Times Interest Earned Ratio?       1.41   2.57   4.5   1.63

Ratios For Amazon.com, Inc. (AMZN)                                                               2018                      2019 Current Ratio         Acid test Ratio         Ave. Days Collection         Total Debt to Total Assets         Return on Equity         Asset Turnover         Profit Margin on net Sales         Inventory Turnover***

GIVE THE COMPARATIVE BALANCE SHEET HORIZONTAL AND VERTICAL ANALYSIS FROM THE GIVEN BALANCE SHEET BELOW   JOLLIBEE BALANCE SHEET ASSETS ITEM 2016 2017 2018 2019 2020 Cash & Short Term Investments 17.46B 22.52B 24.17B 23.02B 57.46B Cash & Short Term Investments Growth - 28.99% 7.32% -4.75% 149.59% Cash Only 16.73B 21.11B 23.29B 20.89B 21.36B Short-Term Investments 726M 1.41B 883.2M 2.13B 36.1B Cash & ST Investments / Total Assets 23.96% 25.08% 16.06% 12.28% 27.26% Total Accounts Receivable 3.59B 4.02B 4.86B 5.91B 7.05B Total Accounts Receivable Growth - 11.86% 21.04% 21.46% 19.36% Accounts Receivables, Net 3.03B 3.39B 4.41B 5.37B 5.8B Accounts Receivables, Gross 3.61B 4.08B 5.09B 5.76B 6.46B Bad Debt/Doubtful Accounts (579.79M) (690.12M) (676.91M) (392.36M) (658.63M) Other Receivable 562.75M 630.06M 451.73M…

Calculate Debt-to-equity Times interest earned Return on Financial leverage

The comparative balance sheets for Metlock Corporation show the following information. December 312020  2019Cash  $33,500  $12,900Accounts receivable  12,400  10,000Inventory  12,100  9,000Available-for-sale debt investments  –0–  3,000Buildings  –0–  29,800Equipment  44,800  19,900Patents  5,000  6,300              $107,800  $90,900Allowance for doubtful accounts  $3,100  $4,500Accumulated depreciation—equipment  2,000  4,500Accumulated depreciation—building  –0–  6,000Accounts payable  5,000  3,000Dividends payable  –0–  4,900Notes payable, short-term (nontrade)  3,000  4,100Long-term notes payable  31,000  25,000Common stock  43,000  33,000Retained earnings  20,700  5,900                             $107,800  $90,900 Additional data related to 2020 are as follows. 1. Equipment that had cost $11,000 and was 40% depreciated at time of disposal was sold for $2,500.2. $10,000 of the long-term note payable was paid by issuing common stock.3. Cash dividends paid were $4,900.4. On January…

Additional information: 2018 current ratio: 1.4:1  debt to total assets: 61.1% Question: find working capital for 2018 Additional information: 2017 current ratio 1.5:1 working capital: 214,500 Question find debt to total assets for 2017

nterpret the results of the debt to equity ratio and how the company has managed debt over the last two years.   Balance Sheet 2018 2019 Cash $63,000 $201,000 Accounts Receivable 199,000 305,000 Marketable Securities 81,000 42,000 Inventories 441,000 455,000 Prepaids 5,000 9,000        Total Current Assets 789,000 1,012,000 Property, Plant, and Equipment, net 858,000 858,000        Total Assets $1,647,000 $1,870,000       Account Payable $150,000 $100,000 Accruals               101,000          95,000         Total Current Liabilities $251,000 $195,000 Bonds Payable 405,000 575,000        Total Liabilities 656,000 770,000       Common Stocks 700,000 700,000 Retained Earnings 291,000 400,000        Total Stockholders’ Equity 991,000 1,100,000      Total Liabilities & Equity $1,647,000 $1,870,000   Income Statement…

Total fixed assets 31420 OMR Total long term liabilities 9970 OMR Total current assets 18930 OMR Total current liabilities 4765 OMR Shareholders’ funds 35615 OMR Capital employed 45585 OMR Gross profit 175000 OMR Net profit 113950 OMR  Return on capital employed 25% Current ratio 3.97 Liquid ratio 3.34 Return on Equity 3.191 Gross Profit  Margin 53,03% Net Profit Margin 34.53%   Q/Give a brief report on the financial position of the company based on the above figures?

From the balance sheet prepare a proforma income statement where revenues can increase by 2% and the firm can borrow at 5.5% BALANCE SHEET  2021 Cash and cash equivalents 280 Receivables 2588 Inventory 2516 Other  CA 189 TOTAL CA 5573 Fixed assets 5024 TOTAL ASSETS 10597 Accounts payable 4713 Short term debt 78 TOTAL CL 4790 LT debt 921 Shareh. Equity 4886 TOTAL LIAB. AND SHARH. EQUITY 10597     INCOME STATEMENT 2021 Sales 19418 COGS 13136 Depreciations 354 SG&A 4952 EBIT 976 Interest  Expenses 52 Tax 268 Net income 656 Pro-forma statement Pro Forma Forecasts Actual Projected Projected Projected Projected Projected   2021 2022 2023 2024 2025 2026 COGS/REVENUES             SGA/SALES              INVENTORIES/COGS             OTHER CA/SALES             AR/SALES             AP/COGS             SALES/FIXED ASSETS             DEPR/ FIXED  ASSETS             EQUITY/INVESTED CAPITAL             ST DEBT/INVESTED…

General Finance

Give true solution for this accounting question

Calculate gross profit ratio for the year 2018 and 2019

Find debt-to-equity, times interest earned, and return on financial leverage for both companies for years 2017, 2018, and 2019.

Please show calculation

Use the​ common-size financial statements found​ here: ommon-Size Balance Sheet 2016Cash and marketable securities $ 480 1.5 %Accounts receivable 6,030 18.2Inventory 9,540 28.8Total current assets $ 16,050 48.5 %Net property, plant, and equipment 17,020 51.5Total assets $33,070 100.0 %Accounts payable $ 7,150 21.6 %Short-term notes 6,850 20.7Total current liabilities $ 14,000 42.3 %Long-term liabilities 7,010 21.2Total liabilities $ 21,010 63.5 %Total common shareholders’ equity 12,060 36.5Total liabilities and shareholders’ equity $33,070 100.0 %Common-Size Income Statement 2016Revenues $ 30,000 100.0 %Cost of goods sold (20,050) 66.8Gross profit $ 9,950 33.2 %Operating expenses (7,960) 26.5Net operating income $ 1,990 6.6 %Interest expense (940) 3.1Earnings before taxes $ 1,050 3.5 %Income taxes (382) 1.3Net income $668 2.2 %    Specifically, write up a brief narrative that responds to the following​ questions:   a. How much cash does Patterson have on hand relative to its total​…

Crane Company has these comparative balance sheet data: CRANE COMPANYBalance SheetsDecember 31     2022   2021 Cash   $ 27,105   $ 54,210 Accounts receivable (net)   126,490   108,420 Inventory   108,420   90,350 Plant assets (net)   361,400   325,260     $623,415   $578,240 Accounts payable   $ 90,350   $ 108,420 Mortgage payable (15%)   180,700   180,700 Common stock, $10 par   252,980   216,840 Retained earnings   99,385   72,280     $623,415   $578,240 Additional information for 2022: 1.   Net income was $27,900. 2.   Sales on account were $382,300. Sales returns and allowances amounted to $29,000. 3.   Cost of goods sold was $207,500. 4.   Net cash provided by operating activities was $57,000. 5.   Capital expenditures were $28,900, and cash dividends were $17,900. Compute the following ratios at December 31, 2022. (Round current ratio and inventory turnover to 2 decimal…

། Debt-to-Equity (D/E) Ratio Equity Ratio Gearing Ratios = Total Debt + Total Equity = Total Shareholders' Equity - Total Assets Debt Ratio = Total Debt + Total Assets Lola's Company Balance Sheet December 31st, 2020 Assets Cash and Cash Equivalents $100,000 Accounts Receivable $150,000 Inventory $200,000 Prepaid Expenses $50,000 Property, Plant and Equipment $500,000 Total Assets $1,000,000 Liabilities Accounts Payable $100,000 Notes Payable $200,000 Accrued Expenses $50,000 Total Liabilities $350,000 Owner's Equity Common Stock $250,000 Retained Earnings $400,000 Total Owner's Equity $650,000 Total Liabilities and Owner's Equity $1,000,000 Statement of Owner's Equity December 31st, 2020 Owner's Equity at Beginning of Year $400,000 Net Income for the Year $130,000 Issuance of Common Stock $50,000 Dividends Paid ($30,000) Owner's Equity at End of Year $550,000 Lola's Company Statement of Cash Flow December 31st, 2020 Cash Flows from Operating Activities Net Income Depreciation Expense…