9:20 AM dO以,a82%B.FINANCE-Q3-M10.pdfACTIVITIESDirections. Cross-examine the statements of the financial position of Jollibee FoodCorporation and answer the following questions below.Jollibee Foods CorporationStatements of Financial PositionAs of December 31, 2019(In Millions of PHP)Current assetsCash and cash equivalentsAccounts receivable, netInventoriesOther current assets7,6187,6215,9722,81024,02130.09854,119Total current assetsNon-current assetsTotal assetsCurrent liabilities6,57612.51519,0916,95026,04128,07854,119Trades PayableOther Current LiabilitiesTotal Current LiabilitiesNon-Current LiabilitiesTotal liabilitiesTotal equityTotal liabilities and equityQuestions:1. What are the assets needed by Jollibee Food Corporation for its daily operation?2. Compute. How much is the Net Working Capital of Jollibee Food Corporation?Answers:ASIONASIG CITYDisI

Trade payables is that obligation which arises due to the purchase of goods by the firm on credit.…

Answered: 1. What are the assets needed by…

1. What are the assets needed by Jollibee Food Corporation for its daily operation? 2. Compute. How much is the Net Working Capital of Jollibee Food Corporation?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

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Sandhill Co. has these comparative balance sheet data: SANDHILL CO.Balance SheetsDecember 31 2020 2019 Cash $ 29,205 $ 58,410 Accounts receivable (net) 136,290 116,820 Inventory 116,820 97,350 Plant assets (net) 389,400 350,460 $671,715 $623,040 Accounts payable $ 97,350 $ 116,820 Mortgage payable (15%) 194,700 194,700 Common stock, $10 par 272,580 233,640 Retained earnings 107,085 77,880 $671,715 $623,040 Additional information for 2020: 1. Net income was $34,900. 2. Sales on account were $378,200. Sales returns and allowances amounted to $29,600. 3. Cost of goods sold was $204,700. 4. Net cash provided by operating activities was $57,300. 5. Capital expenditures were $28,200, and cash dividends were $13,800. Compute the following ratios at December 31, 2020. (Round current ratio and inventory turnover to 2 decimal places, e.g. 1.83…
Sandhill Co. has these comparative balance sheet data: SANDHILL CO.Balance SheetsDecember 31 2020 2019 Cash $ 29,205 $ 58,410 Accounts receivable (net) 136,290 116,820 Inventory 116,820 97,350 Plant assets (net) 389,400 350,460 $671,715 $623,040 Accounts payable $ 97,350 $ 116,820 Mortgage payable (15%) 194,700 194,700 Common stock, $10 par 272,580 233,640 Retained earnings 107,085 77,880 $671,715 $623,040 Additional information for 2020: 1. Net income was $34,900. 2. Sales on account were $378,200. Sales returns and allowances amounted to $29,600. 3. Cost of goods sold was $204,700. 4. Net cash provided by operating activities was $57,300. 5. Capital expenditures were $28,200, and cash dividends were $13,800. Only the first 3 were answered the last time, I need all of these answered now. Compute the following ratios at December 31,…
Carla Vista Co. has these comparative balance sheet data: CARLA VISTA CO.Balance SheetsDecember 31 2022 2021 Cash $ 16,140 $ 32,280 Accounts receivable (net) 75,320 64,560 Inventory 64,560 53,800 Plant assets (net) 215,200 193,680 $371,220 $344,320 Accounts payable $ 53,800 $ 64,560 Mortgage payable (15%) 107,600 107,600 Common stock, $10 par 150,640 129,120 Retained earnings 59,180 43,040 $371,220 $344,320 Additional information for 2022: 1. Net income was $32,500. 2. Sales on account were $392,900. Sales returns and allowances amounted to $27,300. 3. Cost of goods sold was $217,300. 4. Net cash provided by operating activities was $57,200. 5. Capital expenditures were $30,000, and cash dividends were $19,000. Compute the following ratios at December 31, 2022. (Round current ratio and inventory turnover to 2 decimal…
Suppose the following financial data were reported by 3M Company for 2019 and 2020 (dollars in millions). 3M CompanyBalance Sheets (partial) 2020 2019Current assets Cash and cash equivalents $3,200 $1,845Accounts receivable, net 3,450 3,180Inventories 2,639 3,042Other current assets 1,872 1,549Total current assets $11,161 $9,616Current liabilities $4,853 $5,893 (a)Calculate the current ratio and working capital for 3M for 2019 and 2020. (Round current ratio to 2 decimal places, e.g. 1.25 : 1. Enter working capital answers to million.) Current ratio 2019 :12020 :1 Working capital 2019 $ million2020 $ million (b)The parts of this question must be completed in order. This part will be available when you complete the part above.
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Suppose the following financial data were reported by 3M Company for 2019 and 2020 (dollars in millions). 3M CompanyBalance Sheets (partial) 2020 2019Current assets Cash and cash equivalents $3,180 $1,836Accounts receivable, net 3,600 3,180Inventories 2,738 3,019Other current assets 1,932 1,590Total current assets $11,450 $9,625Current liabilities $4,830 $5,887 Calculate the current ratio and working capital for 3M for 2019 and 2020. (Round current ratio to 2 decimal places, e.g. 1.25 : 1. Enter working capital answers to million.) Current ratio 2019 :12020 :1 Working capital 2019 $ million2020 $ million Link to Text
E9-6 Current Position Analysis Obj. 3 .................. The following data were taken from the comparative balance sheet of Icon Living, Inc., for the years ended December 31, 20Y9 and December 31, 20Y8: Cash Temporary investments Accounts and notes receivable (net) Inventories Prepaid expenses Total current assets Accounts payable Accrued liabilities Total current liabilities ▸ Details Dec. 31, 20Y9 $ 75,000 125,000 250,000 425,000 25,000 $ 900,000 $ 350,000 25,000 $ 375,000 Dec. 31, 2018 $ 50,000 75,000 200,000 305,000 20,000 $ 650,000 $ 230,000 20,000 $ 250,000 a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. b. What conclusions can be drawn from these data?
The comparative Statements of Financial Position for Mason Company are presented below. MASON COMPANY Comparative Balance Sheet December 31, 2020 Assets Cash. RM 30,000 10,000 60,000 2019 RM 45,000 25,000 Short-term investments. Accounts receivable (net) Inventory.... Property, plant, and equipment (net). Total assets... 50,000 200,000 RM350,000 40,000 50,000 160,000 RM320,000 Liabilities and stockholders' equity Accounts payable Short-term notes payable Bonds payable RM 10,000 40,000 RM 30,000 35,000 20,000 20,000 220,000 60,000 RM350,000 Common stock Retained earnings Total liabilities and stockholders' equity 200,000 35,000 RM320,000 Prepare a horizontal analysis of the Statements of Financial Position data for Manson Company using 2019 as a base. а. b. Prepare a vertical analysis of the Statements of Financial Position data for Manson Company for 2020. с. Explain whether the trends are favorable or unfavorable as computed in (a) & (b) above.
E Rea The following is the balance sheet and income statement for Metro Eagle Outfitters, in condensed form, plus some information from the cash flow statement. Balance Sheet 2022 2021 2020 Cash and short-term investments Accounts receivable Inventory Other current assets $ 638,992 47,121 340,452 123,235 1,149,800 578,832 $1,728,632 $ 452,902 506,645 1,221,987 $1,728,632 $ 753,044 41,110 383,514 125,820 1,303,488 635,482 $1,938,970 $ 429,401 520,186 1,418,784 $ 1,938,970 $742,693 38,321 309,208 100,188 1,190,410 581,802 $ 1,772,212 $ 395,837 419,541 1,352,671 $ 1,772,212 Total current assets Long-lived assets Total assets Current liabilities Total liabilities Shareholders' equity Total liabilities and equity Income Statement Sales $ 3,477,402 2,093,480 $ 1,383,922 981,084 $ 402,838 $ 240,108 88 142,809 $ 3,120,865 1,983,471 $ 1,137,394 861,385 $ 276,009 $ 152,505 190 100,156 $ 2,946,894 1,771,143 $ 1,175,751 857,576 $318,175 $ 141,447 169 46,537 Cost of sales Gross margin Operating…

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