Group Problem Set 1 - Group_K

Previous Nex You are a financial Manager of Chevron Corp You need to assess the effectiveness of working capital management.of the company for 2018 using the following data What is th 2018 Payable turnover? 2017 Accoun Receivable 15 353 000 2018 Account Receivable 15,050 000 2017 Inventory = 5 585 000 2018 Inventory = 5 704.000 2017 Accounts Payable = 14 565.000 2018 Accounts Payable = 13 953 000 2017 Sales = 134 674 000 2018 Sales = 158 902.000 2017 Cost of Sales = 96 114.000 2018 Cost of Sales = 113 997 000 2017 Purchases = 95 114 000 2018 Purchases 123 435.000

You have recently been employed as a financial analyst for Crusher PLC and have just been provided the most recent financial statements for the 2 years covering 2019 and 2020. The Board of Directors have expressed concerns about the performance of the company and has asked you to analyse the company’s current financial position. The following are the financial statements of Crusher PLC for 2019 and 2020.   Income Statement for year ended 31 December     2019 2020 £000 £000 Turnover 17,640 25,690 Cost of Sales (10,100) (16,980) Gross Profit 7,540 8,710 Operating Expenses (3,789) (5,257) Operating Profit 3,751 3,453 Interest Payable       -        (344) Profit before Taxation 3,751 3,109 Taxation   (942)    (777) Profit for the year  2,809    2,332   Statement of Financial Position as at 31 December     2019 2020 £000 £000 ASSETS Non-Current Assets   11,120   16,880 Current…

You have recently been employed as a financial analyst for Crusher PLC and have just been provided the most recent financial statements for the 2 years covering 2019 and 2020. The Board of Directors have expressed concerns about the performance of the company and has asked you to analyse the company’s current financial position. The following are the financial statements of Crusher PLC for 2019 and 2020.   Income Statement for year ended 31 December     2019 2020 £000 £000 Turnover 17,640 25,690 Cost of Sales (10,100) (16,980) Gross Profit 7,540 8,710 Operating Expenses (3,789) (5,257) Operating Profit 3,751 3,453 Interest Payable       -        (344) Profit before Taxation 3,751 3,109 Taxation   (942)    (777) Profit for the year  2,809    2,332   Statement of Financial Position as at 31 December     2019 2020 £000 £000 ASSETS Non-Current Assets   11,120   16,880 Current…

You have recently been employed as a financial analyst for Crusher PLC and have just been provided the most recent financial statements for the 2 years covering 2019 and 2020. The Board of Directors have expressed concerns about the performance of the company and has asked you to analyse the company’s current financial position. The following are the financial statements of Crusher PLC for 2019 and 2020.   Income Statement for year ended 31 December     2019 2020 £000 £000 Turnover 17,640 25,690 Cost of Sales (10,100) (16,980) Gross Profit 7,540 8,710 Operating Expenses (3,789) (5,257) Operating Profit 3,751 3,453 Interest Payable       -        (344) Profit before Taxation 3,751 3,109 Taxation   (942)    (777) Profit for the year  2,809    2,332   Statement of Financial Position as at 31 December     2019 2020 £000 £000 ASSETS Non-Current Assets   11,120   16,880 Current…

Given answer general accounting

general account questions answer need

What does this mean for a company?

Hi expert please give me answer general accounting

Problem 19: Laiho Industries’s 2017 and 2018 balance sheets (in thousands of dollars are shown). Please show all work, and if using Excel please show the Excel sheet and all work!!   a. Sales for 2018 were $455,150,000, and EBITDA was 15% of sales. Furthermore, depreciation and amortization were 11% of net fixed assets, interest was $8,575,000, the corporate tax rate was 40%, and Laiho pays 40% of its net income as dividends. Given this information, construct the firm’s 2018 income statement. b. Construct the statement of stockholders’ equity for the year ending December 31, 2018, and the 2018 statement of cash flows. c. Calculate 2017 and 2018 net operating working capital (NWOC) and 2018 free cash flow (FCF). Assume the firm has no excess cash. d. If Laiho increased its dividend payout ratio, what effect would this have on corporate taxes paid? What effect would this have on taxes paid by the company’s shareholders? (Answer part D in full, complete sentences) e. Assume the firm’s…

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…

Financial Accounting Question Solve Please

How importance are financial statements and ratios in today’s current financial and economic environment of 2021. There should be plenty to discuss here.

Assume the following sales data for a company: please answer the financial accounting question

Quick answer of this accounting questions

The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Accounts Debit $20,000 162,000 9,000 28,000 370,000 Credit Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation Accounts payable Salaries payable Interest payable Notes payable (due in two years) $125,000 16,000 3,800 1,700 30,000 190,000 99,300 Common stock Retained earnings Dividends 26,000 Service revenue Salaries expense Advertising expense Rent expense Depreciation Interest expense Utilities expense 500,000 182,000 79,000 11,000 38,000 2,800 38,000 $ 965,800 nse Totals $965,800 Prepare a classified balance sheet for China Tea Company as of December 31, 2021. (Amounts to be deducted with a minus sign.) CHINA TEA COMPANY Balance Sheet 20 F3 000 F4 II F8 F2 F5 F6 F7 F9 @ # 2$ % & * 2 4 6 7 9. W Y U

Find  return on assets and return on equity ratios for year 2017, 2018, and 2019.

General accounting

Please give me true answer this financial accounting question