ch 3 ICA Blank Template (1)

A. What is the total change in Net Working Capital given the following: $10 million $20 million $5 million $10 million $15 million Decrease in accounts receivable: Decrease in inventory: Increase in prepaid expenses: Increase in other current liabilities: Decrease in accounts payable: B. Describe and provide specific examples of how financial ratios / metrics can be used to support specific business decisions such as financing, credit granting and strategic growth. C. Briefly explain the concept of Free Cash Flow and articulate how it can be employed by corporate managers.

Please give a detailed analysis of the financial statements given below for Joshua & White Technologies. Your analysis should include answers to the questions as follows (not limited to these questions):   Has the company’s liquidity position improved or worsened?    Has the company’s ability to manage its assets improved or worsened?    How has the company’s profitability changed during the last year?        Joshua & White Technologies: December 31 Balance Sheets (Thousands of Dollars)                 Assets     2019 2018 Cash and cash equivalents $21,000 $20,000 Short-term investments   3,759 3,240 Accounts Receivable   52,500 48,000 Inventories     84,000 56,000   Total current assets   $161,259 $127,240   Net fixed assets   223,097 200,000 Total assets     $384,356 $327,240           Liabilities and equity       Accounts payable   $33,600 $32,000 Accruals     12,600 12,000…

QUESTION 26 Which situation here might indicate a company has a low quality of earnings? The same accounting principles are used each year. Revenue is recorded when recognized Repair costs are capitalized and then depreciated. The financial statements are prepared in accordance with generally accepted accounting principles.

I want to correct answer accounting questions

Question # 5: You are a financial manager in Gama Corporation.  You have the task of getting the company back into a sound financial position. Gama Corporation’s 2017 and 2018 balance sheets and income statements, together with projections for 2019, are shown in the following tables. The tables also show the 2017 and 2018 financial ratios, along with the industry average data. Your assignment is to answer the following questions.  Provide clear explanations, not yes or no answers. Show your work for the calculations. Balance Sheets Assets 2017                      2018           2019 (Projected) Cash $         9,000    $        7,282    $       14,000 Short-Term Investments. 48,600   20,000   71,632 Accounts Receivable 351,200   632,160   878,000 Inventories 715,200   1,287,360   1,716,480    Total Current Assets  $  1,124,000    $ 1,946,802    $  2,680,112 Gross Fixed Assets 491,000…

Quiz Q8

Conduct a horizontal and vertical analysis of the company’s financial statements to identify trends and patterns over the past two years. 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.  Briefly explain how the analysis at (b) would be modified if it was prepared for stakeholders other than shareholders and investors. Do not use cash on hand and net income after taxation

Kindly help me with accounting questions

Domestic

Case Study: Accounting for Subsequent Events Background: Scenario: Subsequent Event 1: Subsequent Event 2: Subsequent Event 3: Accounting Considerations: XYZ Corporation, a publicly traded company, operates in the technology sector. The fiscal year-end is December 31. The financial statements are typically issued in March following the year-end. As of December 31, Year 1, XYZ Corporation is finalizing its financial statements. However, subsequent events occur after the year-end that may impact the financial statements. The key events are as follows: In January Year 2, XYZ Corporation experiences a significant decline in the market value of its inventory due to unforeseen technological changes. The decline affects the carrying amount of the inventory as of December 31, Year 1. In February Year 2, XYZ Corporation's major supplier declares bankruptcy. This bankruptcy jeopardizes the continuity of the supply chain and may result in the impairment of certain assets recorded on the balance…

Refer to the 10-K for Abercrombie & Fitch. Required: 1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in thousands. a. Cash b. Short-term investments (or marketable securities) c. Accounts receivable d. Inventory e. Other current assets f. Accounts payable g. Other current liabilities h. Cash flow from operations A A AA A A 好 2. The company projects the following to occur in the next fiscal year: • Accounts payable will decrease by 25%. • Other current liabilities are expected to increase by 33%. • Cash flow from operations is expected to decrease by 32%. Assume all other items remain unchanged from the prior year. Provide the next year's forecasted balances for the following accounts and cash flow from operations.

Q4. Analysis of Financial StatementsThere was a bit of concern about one of Big Rock’s newer entities – Big Rock PavingCompany. Management wants you to review the two financial statements below and giveyour analysis of the company’s performance.Big Rock Paving CompanyAssets LiabilitiesCurrent Assets: Current Liabilities:Cash 200,000 Accounts Payable 700,000Accounts Receivable 300,000 Notes Payable 600,000Inventory 800,000Total Current Assets 1,300,000 Total Current Liabilities 1,300,000Fixed Assets: Owners’ Equity:Property, Plant & Equipment 2,200,000 Common Stock ($1 Par) 600,000Less: Accumulated Depreciation 600,000 Capital Surplus 100,000Net Fixed Assets 1,600,000 Retained Earnings 100,000Total Assets 2,900,000 Total Owners’ Equity 800,000Total Liabilities and Owners’Equity2,900,000Big Rock Paving CompanyIncome Statement for Year Ending December 31, 2021Sales 3,400,000Less: Cost of Goods Sold 2,700,000Less: Administrative Expenses 700,000Less Depreciation 682,000Earnings Before…

CH2Q2 BALANCE SHEET The balance sheet provides a snapshot of the financial condition of a company. Investors and analysts use the information given on the balance sheet and other financial statements to make several interpretations regarding the company's financial condition and performance. Green Caterpillar Garden Supplies Inc. is a hypothetical company. Suppose it has the following balance sheet items reported at the end of its first year of operation. For the second year, some parts are still incomplete. Use the information given to complete the balance sheet. Green Caterpillar Garden Supplies Inc. Balance Sheet for Year Ending December 31 (Millions of Dollars) Assets Current assets: Cash and equivalents Accounts receivable Inventories Total current assets Net fixed assets: Net plant and equipment Total assets Year 2 Q1 1,266 3,712 $8,437 Q3 Q7 This statement is false, because: Q8 $18,750 Year 1 $2,767 1,013 2,970 $6,750 $8,250 Liabilities and equity Current liabilities: Accounts…

Select the financial statement to which the item belongs. Items a. The change in retained earnings due to net income and dividends. b. Amount of cash received from borrowing money from a local bank. c. Revenue from sales to customers during the year. d. Total amounts owed to workers at the end of the year. Financial Statements

5. Which financial information is found in a company's annual report? A. Employee salaries B. Marketing strategies • C. Financial statements • D. All of the above

A paragraph stating your evaluation of the company’s performance and financial status for the quarter ending March 30, 2022. In your evaluation, state whether: o the business is profitable?o it is able to pay its current obligations/liabilities?o its assets are financed more by debts or equity?o its retained earnings increased or decreased during the quarter and why? You may state any other insights you have on the company’s financial statements. Justify your evaluation and support your discussion with relevant calculations or ratios.

(i) Explain what is meant when a business activity has high operating gearing.(ii) What are the implications for a business with high operating gearing?

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.