finance statements

eBook Print References INCOME STATEMENT (Figures in 5 millions) Net sales Cost of goods sold Other expenses 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 Total current assets. BALANCE SHEET (Figures in $ millions) Net property, plant, and equipment Other long-term assets $ 12,600 3,760 4,127 2,338 $ 2,375 655 Total assets Liabilities and shareholders' equity Payables Short-term debt $1,720 361 $ 1,359 $816 Other current liabilities Total current liabilities Long-term debt and leases Other long-term liabilities Shareholders' equity Total liabilities and shareholders' equity End of Year Start of Year $ 152 2,370 208 902 $ 3,632 19,855 3,710 $ 27,197 $83 2,082 157 837 $ 3,159 19,913 4,156 $ 27,228 $ 2,504 1,389 781 $ 4,674 8,512 6,118 7,924 $ 27,228 $ 2,980 1,543 757 $5,280 7,907 6,089 7,921 $ 27,197 Calculate the following…

What is the Days Payables Outstanding? Use the attached financial data to calculate the ratios. Round to the nearest decimal. Abercrombie & Fitch Co (ANF) Financial Data Revenues Cost of Sales Total Operating Expenses Interest Expense Income Tax Expense Diluted Weighted Shares Outstanding Cash + Equivalents Accounts Receivable Inventories Total Current Assets Total Assets Accounts Payable Total Current Liabilities Total Stockholders' Equity ANF Stock Price = $10.30 Select one O A. 42.3 days, 37.0 days OB. 76.1 days, 89.4 days OC. 89.4 days, 37.0 days OD. 76.1 days, 97.7 days 2022 $3,659.3 $1,545.9 $2,026.9 $28.5 $37.8 52.8 $257.3 $108.5 $742.0 $1,220.4 $2,694.0 $322.1 $935.5 $656.1 2021 $3,712.8 $1,400.8 $1,968.9 $34.1 $38.9 62.6 $823.1 $69.1 $525.9 $1,507.8 $2,939.5 $374.8 $1,015.2 $826.1

2) Ratios  Based on the information given in picture #1, complete the following ratios for the last TWO  years and indicate whether the trend is favorable or unfavorable. Note percentages and times should be to one decimal place (e.g. 14.8%; 5.8x) Liq./Solv. Ratios                          Current Yr.  Prior Yr.   Fav/Unfav. Current Ratio (X)  {Total. Current Assets/ Total Current Liabilities}   Quick Ratio (X) {Cash + Short term Investments + Current Receivables/ Current Liabilities}   Day's Sales Uncollected (days) {Total Accounts Receivables / Sales x 365}

2) Ratios  Based on the information given in picture #1, complete the following ratios for the last TWO  years and indicate whether the trend is favorable or unfavorable. Note percentages and times should be to one decimal place (e.g. 14.8%; 5.8x) Liq./Solv. Ratios                          Current Yr.  Prior Yr.   Fav/Unfav. Current Ratio (X)  {Total. Current Assets/ Total Current Liabilities}   Quick Ratio (X) {Cash + Short term Investments + Current Receivables/ Current Liabilities}   Day's Sales Uncollected (days) {Total Accounts Receivables / Sales x 365}

Compute the ratios for the current and past year for Dollar Tree In. on the Ratio and Comments worksheet.

Using available data in the case, calculate the requested financial ratios. Round all numbers to the nearest hundredth. For example, answers should look like -0.05 or 1.33. Use the following table to calculate Current Ratios for the years 2014, 2015, and 2016: Year 2014 2015 2016 Current Assets Current Liabilities 6,086 5,914 8,137 ROA ROE Current Ratio 2016 0.78 % % 8,532 8,516 10,397 2015 0.69 % % 2014 0.71 % %

Please do not give image format and explanation

The following financial data (in thousands) were taken from recent financial statements of Staples, Inc.: Please see  the attachment for details: 1. Determine the times interest earned ratio for Staples in Year 3, Year 2, and Year 1? Round your answers to one decimal place.2. Evaluate this ratio for Staples.

Compute the following ratios. Note: Use a 360-day year. Do not round intermediate calculations. Input your profit margin, return on assets, return on equity, and debt to total assets answers as a percent rounded to 2 decimal places. Round all other answers to 2 decimal places.                                                                                Jones Corp                      Smith Corp Find the profit margin, return on assets(investments), return on equity, receivable turnover, average collection period, inventory turnover, fixed asset turnover, total asset turnover, current ratio, quick ratio, debt to total assets, times interest earned, and fixed charge coverage. For each Corporation.

Please correct Solution with Explanation and do not give image format

Using Yahoo Finance for your data & information, calculate the following items for the public company, WK Kellogg Co (KLG), showing your work: a. Value using industry average P/E ratio for trailing 12 months EPS. b. P/E ratio for most recent fiscal year end earnings. c. How does Kellogg's P/E ratio compare to others in the industry?

Prepare a vertical analysis of both the balance sheets and income statements for Year 4 and Year 3. Complete this question by entering your answers in the tabs below. Analysis Analysis Bal Sheet Inc Stmt Prepare a vertical analysis of an income statements for Year 4 and Year 3. (Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).) Revenues Sales (net) Other revenues Total revenues RUNDLE COMPANY Vertical Analysis of Income Statements Year 4 Expenses Cost of goods sold Selling, general, and administrative expense Net income Interest expense Income tax expense Total expenses Amount $ 230,300 8,900 239,200 Percentage of Total 119,400 54,300 6,700 22,100 202,500 $ 36,700 Show less

The following financial statements apply to Jordan Company: Year 2 Year 1 Revenues $ 220,000 $ 180,300 Expenses Cost of goods sold 125,200 102,300 Selling expenses 21,000 19,000 General and administrative expenses 10,500 9,500 Interest expense 1,100 1,100 Income tax expense 19, 200 17, 200 Total expenses 177,000 149, 100 Net income $ 43,000 $ 31, 200 Assets Current assets Cash $ $ 7,500 5,800 1,700 1,700 Marketable securities Accounts receivable Inventories 35,300 30,800 101,500 94,000 Prepaid expenses 4,700 3,700 Total current assets 149,000 137,700 Plant and equipment (net) 105,400 105,400 Intangibles 22,000 0 Total assets $ 276,400 $ 243,100 Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable $ 39,000 $ 34,000 Other 15,800 16,100 Total current liabilities 54,800 50, 100 Bonds payable 65,700 66,700 Total liabilities 120,500 116,800 Stockholders' equity 114,100 114, 100 Common stock (49,000 shares) Retained earnings 41,800 12,200 Total stockholders'…

A. Prepare a comparative income statement with horizontal analysis, indicating the increase (decrease) for the current year when compared with the previous year. Round percentages to one decimal place. B. What conclusions can be drawn from the horizontal analysis? Round the answers to one decimal place.

Comparative information taken from the Friction Company's financial statements is shown below: (a) Notes receivable (b) Accounts receivable (c) Retained earnings (d) Sales (e) Operating expenses (f) Income taxes payable a. b. Required: Using horizontal analysis, show the percentage change and direction (increase or decrease) from Year 1 to Year 2 with Year 1 as the base year. If an item is impossible to compute, enter a "0" in the percentage box and select "Not possible to compute" in the narrative box. C. d. e. f. % % % % % Year 2 % Year 1 $25,500 $30,000 106,200 90,000 77,000 70,000 654,000 600,000 160,000 200,000 28,000 20,000

Compute the following ratios: # Metric 1 Current Ratio Formula Meaning Expressed Current Year Numerator Denominator Answer as 1 Year Ago Numerator Denominator Answer Metric Improved / Worsened Ratio:1 Current Assets / Current Measures the short-term Liabilities 2 Quick Ratio (Cash + Short Term 3 Day Sales Outstanding 4 Days in Inventory Investments + Accounts Receivable) / Current Liabilities (Accounts Receivable/ Sales)*365 (Inventory / Cost of goods sold)*365 5 Debt Equity Ratio Total Liabilities / Total Equity debt-paying ability of the company. A higher current ratio suggests a strong ability to meet current obligations. This ratio is like the current ratio but Ratio:1 excludes current assets such as inventories and prepaid expenses that may be difficult to quickly convert into cash Measures how quickly a company collects its accounts receivable. A lower number is better as it converts AR to cash quicker # of days Measure inventory liquidity. A high # of days. number indicates too…

Calculate the following five ratios for each of the two years:(i) Return on capital employed(ii) Net profit margin(iii) Current ratio(iv) Average Receivable days/ Debtors collection period(v) Average Payable days/ Creditors collection period

Calculate the Current Ratio, Debt Ratio, Return on Assets (ROA) and Return on Equity (ROE). For the ROA and ROE, you should use the average total assets and the average total equity in your calculations.  (The average is the total across two years divided by two).  Calculate these values for each of 2011-2014.  Interpret your calculations: what does this information mean?  How is the company doing?

compute the following ratios using the Balance Sheet (Current Year) and Income Statement provided in the images below Current Ratio (in numeric format, 2 decimal places): Debt to Equity (in numeric format, 2 decimal places(): Return on Equity (stated as a percentage, 2 decimal places): Return on Assets (stated as a percentage, 2 decimal places):

Loomis, Inc. reported the following on the company’s income statement in two recent years: Please see the image for details: a. Determine the times interest earned ratio for the current year and the prior year. Round to one decimal place.b. Is this ratio improving or declining?

Some recent financial statements for Smolira Golf Corporation follow. Find the following financial ratios for Smolira Golf Corporation (use year-end figures rather than average values where appropriate): (Enter the profitability ratio answers as a percent rounded to 2 decimal places, e.g., 32.16. Round the remaining answers to 2 decimal places, e.g., 32.16.)  1.  Long-term Solvency Ratios 2020 2021 Total debt ratio times times Debt-equity ratio times times Equity multiplier times times   2.  Times interest earned times Cash coverage ratio times   3.  Profitability Ratios   Profit margin % Return on Assets % Return on Equity %

Please try to answer handwritten i will rate you for sure

Use the information in the table below to calculate the following ratios for Windswept Woodworks for year 1 and year 2. (Round your answers to 2 decimal places.)   Windswept Woodworks, Inc. Input Data (millions of dollars)     Year 2     Year 1   Accounts payable   496     434   Accounts receivable   1,340     880   Accumulated depreciation   6,806     6,682   Cash & equivalents   284     178   Common stock   1,244     1,170   Cost of goods sold   1,500     n.a.   Depreciation expense   ?     n.a.   Common stock dividends paid   ?     n.a.   Interest expense   140     n.a.   Inventory   1,074     1,076   Addition to retained earnings   602     n.a.   Long-term debt   872     786   Notes payable   230     380     Gross plant & equipment   10,260     10,000   Retained earnings   3,122     2,526   Sales   3,018     n.a.   Other current liabilities   116     96   Tax rate   34 %   n.a.   Market price per share – year end $ 19.80   $…

V. Direction: Solve the following problems using financial ratios. Write the answer on the blank. 1. Current assets is P20,000, current liabilities is P30,000. What is the current ratio? 2. Inventory is P15,000; Accounts Payable is P45,000. Cash and accounts receivable total P8,000. What is the current ratio? What is the quick ratio? 3. If current ratio is 1.5, what is the total accounts receivable if cash is P220,000, inventory is P75,000, and accounts payable is P330,000? 4. Cash is 30% of total current assets. If current ratio is 2.5, what is the new current ratio if total non- cash current assets grow by 50%? 5. The total asset is P1,500,000. Sales is P4,500,000. What is the asset turnover? 6. Accounts receivable turnover is 8. What is the average collection period assuming annual data What is the average collection period if quarterly data are used? are used? 7. Sales for the year amount to P3,000,000, Accounts receivable is P360,000. What is the average collection period assuming…

Compute the missing amounts on the company’s financial statements. (Hint: What’s the difference between the acid-test ratio and the current ratio?)10. Gross margin11. Selling and administrative expenses12. Bonds payable