31 - The stock movements of entity A are as follows. Calculate STMM AVAILABLE OF GOODS PER PERIOD: 50000 TL PERIOD PURCHASES: 90000 TL FINANCIAL AVAILABILITY AT THE END OF THE TERM: 20000TL A) 120.000 TL B) 70.000 TL C) 60.000 TL D) 100.000 TL E) 130.000 TL

31 - The stock movements of entity A are as follows. Calculate STMM AVAILABLE OF GOODS PER PERIOD: 50000 TL PERIOD PURCHASES: 90000 TL FINANCIAL AVAILABILITY AT THE END OF THE TERM: 20000TL A) 120.000 TL B) 70.000 TL C) 60.000 TL D) 100.000 TL E) 130.000 TL

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Problem 17-2A (Algo) Ratios, common-size statements, and trend percer [The following information applies to the questions displayed below.] Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income Assets Current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity 2021 $546,242 328,838 217,404 77,566 49,162 126,728 90,676 16,866 $ 73,810 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income KORBIN COMPANY Comparative Balance Sheets December 31 2020 $ 418,466 263,634 2021 % 154,832 57,748 36,825 94,573 60, 259 12,353 $ 47,906 % $61,141 0 113,547…
The common stock of XMen Inc. had the following historic prices. Time 3/01/1999 3/01/2000 3/01/2001 3/01/2002 3/01/2003 3/01/2004 Price of X-Tech 50.00 47.00 76.00 80.00 85.00 90.00 A. What was your holding period return for the time period 3/1/1999 to 3/1/2004? B. What was your annual holding period yield (Annual HPY)? C. What was your arithmetic mean annual yield for the investment in XMen Industries. D. What was your geometric mean annual yield for the investment in XMen?
Assume the company earns $1.62 per share. What was the sale volume? 52 Weeks Stock (Sym) Jaymen Co. Volume (100's) 51,615 Net Change - 0.50 HI LO DIV YLD % PE Close 49.94 40.25 0.58 46.90 Sale volume
Calculate Net purchase from the following? Opening stock OMR 10000, Purchases OMR 15000, return outwards OMR 2000 and Purchase discounts OMR 1000, Return inwards 3000.
Under US GAAP ABC Company has provided the following information related to its investment in marketable equity securities: MARKETABLE VALUES COST. YEAR 2 YEAR 1 Trading $150,000. $155,000. $100,000 Available for sale $150,000. 130,000. $120,000 Based on the above information provided, what amount should ABC Company report in earnings Year 2?
Calculate: a). The average stock return from 20x1-20x3. b). the standard deviation over the same period. c). the coefficient of variation over the same period. Comparative Balance Sheets As of December 31 Assets: 20X3 20X2 20X1 Cash $ 210,000 $ 780,000 $ 1,530,000 Accounts Receivable 315,000 265,000 240,000 Inventory 436,000 405,000 330,000 Prepaid Insurance 15,000 18,000 21,000 Total Current Assets $ 976,000 $ 1,468,000 $ 2,121,000 Land 1,650,000 1,630,000 1,400,000 Buildings 2,300,000 1,760,000 1,400,000 Less: Accumulated Depreciation (560,000) (490,000) (440,000) Net Buildings 1,740,000 1,270,000 960,000 Total Long-Term Assets 3,390,000 2,900,000 2,360,000 Total Assets 4,366,000 4,368,000 4,481,000 Liabilities & Stockholder's Equity Accounts Payable 215,000 134,000 185,000 Salaries and Wages Payable 63,000…
Requirement 1. Compute these ratios: Working Capital Current Debt-to- Ratio Cash Ratio Debt Ratio Equity Ratio Round ratios to two 14.44 212400 7.73 decimal places or format as percentages or Accounts Days Sales currency as appropriate. Inventory Days Sales in Gross ProfitReceivable in Turnover Inventory Percentage Turnover Receivables 2019 Total Assets = Rate of Rate of Asset Return on Return on Turnover Stockholders' Earnings Total Assets Ratio Equity Per Share 2019 SHE = Price/ Earnings *Current Stock Price is Dividend $10.00 per share Ratio* Dividend Yield Payout Dividend per share= Requirement 2. Based on the ratios computed above, analyze the company's ability to pay its debts (both current and long term). Refer to at least 3 specific ratios in your analysis. Requirement 3: Based on the ratios computed above, analyze the company's management of inventory. Refer to at least 2 specific ratios in your analysis. Requirement 4: Based on the ratios computed above, analyze the company's…
Estimating Share Value Using the DCF Model Following are forecasts of Target Corporation's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of February 2, 2019, which we label fiscal year 2018. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. Reported Forecast Horizon Period Terminal $ millions 2018 Sales $75,956 NOPAT NOA 3,269 23,620 2019 2020 2021 2022 $79,124 $83,680 $87,234 $92,196 4,002 3,572 4,351 3,939 24,197 26,007 26,677 28,611 Period $93,428 4,617 28,571 Answer the following requirements with the following assumptions: Assumptions Terminal period growth rate Discount rate (WACC) Common shares outstanding 2% 7.63% 517.80 million Net nonoperating obligations (NNO) $12,323 million Estimate the value of a share of Target common stock using the discounted cash flow (DCF) model as of February 2, 2019. Increase in NOA ($ millions)…
Assuming that all sales were on account, calculate the following risk ratios for 2024. Risk Ratios1. Receivables turnover ratio 38.3 times2. Average collection period 9.5 days3. Inventory turnover ratio 15.1 times4. Average days in inventory 24.2 days5. Current ratio 4.0 6. Acid-test ratio ? 7. Debt to equity ratio ? %8. Times interest earned ratio ? times
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'…
Q9 to Q10 below is based on the following information.Current Stock Price (S0) 80Strike/Exercise Price (K) 75Time to Maturity (T) of 1 year 1Risk-free Rate (r) 0.04Volatility 40%N(d1) 0.6777N(d2) 0.5245N(d1) 0.3223N(d2) 0.4755 Q9. Based on the above information and the Black-Scholes-Merton model, which of thefollowing is the correct Delta () of the European Put option?(A) 0.6777 (positive)(B) 0.5245 (positive)(C) -0.6777 (negative)(D) -0.3223 (negative)Answer: _______________ Q10. Based on the above information and the Black-Scholes-Merton model, which ofthe following is closest to the correct no-arbitrage Put Option price?(A) 8.4852(B) 16.4259(C) 11.3392(D) -16.4259Answer: _______________
Calculate Net purchase from the following? Opening stock OMR 10000, Purchases OMR 16000, return outwards OMR 2000 and Purchase discounts OMR 1000, Return inwards 1000. a. OMR 12000 b. OMR 11000 c. OMR 13000 d. OMR 10000