4-6. (Ratio analysis) The balance sheet and income statement for the Papua New w Guinea Coconut Company are as follows: Balance Sheet ($000) $ 550 2,500 Cash 1.100 Accounts receivable $4.150 Inventories Current assets 4,700 $8.850 $1.200 Net fied assets Total assets Accounts payable 680 Accrued expenses 320 Short-term notes payable $2.200 Current liabilities 2,300 tong-term debt Owners' equity 4.350 Total liabilities and owners' equity $8,850 Income Statement ($000) Sales (all credit) $8.300 Cost of goods sold 13.500) Gross profit 4.800 Operating expenses (includes $600 depreciation) Operating profits Interest expense Earnings before taxes 13.000) $1.800 (380) $1.420 Income taxes (20%) (284) Net income EL136 Calculate the following ratios: Operating return on assets Debt ratio Average collection period Fixed-asset turnover Return on equity

4-6. (Ratio analysis) The balance sheet and income statement for the Papua New w Guinea Coconut Company are as follows: Balance Sheet ($000) $ 550 2,500 Cash 1.100 Accounts receivable $4.150 Inventories Current assets 4,700 $8.850 $1.200 Net fied assets Total assets Accounts payable 680 Accrued expenses 320 Short-term notes payable $2.200 Current liabilities 2,300 tong-term debt Owners' equity 4.350 Total liabilities and owners' equity $8,850 Income Statement ($000) Sales (all credit) $8.300 Cost of goods sold 13.500) Gross profit 4.800 Operating expenses (includes $600 depreciation) Operating profits Interest expense Earnings before taxes 13.000) $1.800 (380) $1.420 Income taxes (20%) (284) Net income EL136 Calculate the following ratios: Operating return on assets Debt ratio Average collection period Fixed-asset turnover Return on equity

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

Problem 1PS

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Show the current ratio with formulas
pe and En ya Guinea Coconut Company are as follows: $ 550 Balance Sheet ($000) 2,500 Cash 1.100 Accounts receivable $ 4,150 Inventories Current assets 4,700 Net fined assets $8.850 Total assets $1,200 Accounts payable 680 Accrued expenses 320 Short-term notes payable $2.200 Current liabilities 2,300 Long-term debt Owners equity Total liabilities and owners' equity 4.350 $8850 Income Statement ($000) Sales (all credit) $8,300 Cost of goods sold Gross profit (3.500) 4.800 Operating expenses (includes $600 depreciation) 13.000) Operating profits $1.800 Interest expense (380) Earnings before taxes $1,420 Income taxes (20%) (284) Net income $1.136 Calculate the following ratios: Current ratio Times interest earned Inventory turnover Total asset turnover Operating return on assets Debt ratio Average collection period Fixed-asset turnover Operating profit margin Return on equity
Examine the balance sheet of commercial banks in the following table. $ Billion % Total 201.2 28.9 230.1 Assets Real assets Equipment and premises Other real estate Total real assets Financial assets Cash Investment securities Loans and leases Other financial assets Total financial assets Other assets Intangible assets Other Total other assets Total $ Ratio of real assets to total assets $ $ 876.3 2,032.1 6,627.3 1,201.2 $10,736.9 $ 416.4 780.7 $ 1,197.1 $12,164.1 1.7% 0.2 1.9% 7.2% 16.7 54.5 9.9 88.3% 3.4% 6.4 9.8% 100.0% Liabilities Deposits Liabilities and Net Worth Debt and other borrowed funds Federal funds and repurchase agreements Other Total liabilities Net worth Balance sheet of FDIC-insured commercial banks and savings institutions Note: Column sums may differ from total because of rounding error. Source: Federal Deposit Insurance Corporation, www.fdic.gov, October 2018. a. What is the ratio of real assets to total assets? (Round your answer to 4 decimal places.) $ Billion %…
What is the debit to asset ratio?
Given the following information, calculate the debt ratio percentage: Liabilities $24,000 Liquid assets $4,400 Monthly credit payments $300 Monthly savings $260 Net worth $72,000 Current liabilities $1,100 Take-home pay $1,800 Gross income $3,000 Monthly expenses $1,540 a) 33.3 b) 4 c) 2.86 O d) 16.67 O e) 8.67
1. The Cunningham Company has provided the following account balances: Cash $76,000; Short-term investments $8,00%3; Accounts receivable $12,000; Inventory $96,000; Long-term notes receivable $4,000; Equipment $192,000; Factory Building $360,000; Intangible assets $12,000%3; Accounts payable $90,000%3; Accrued liabilities payable $12,000; Short-term notes payable $42,000; Long-term notes payable $184,000. What is Cunningham's current ratio?
We are given the following information for Pettit Corporation. Sales (credit) Cash Inventory Current liabilities Asset turnover Current ratio Debt-to-assets ratio Receivables turnover $2,068,000 150,000 923,000 763,000 a. Accounts receivable b. Marketable securities c. Capital assets. d. Long-term debt $ Current assets are composed of cash, marketable securities, accounts receivable, and inventory. Calculate the following balance sheet items: LA LA LA $ $ 1.00 times 2.60 times $ 40 % 4 times 517000
A B Madison Makeup reported the following on its most recent financial statements (in $ millions). Fill in the highlighted cells in the table. Figure reported in the Figure reported in the actual Miscellaneous financial information common size financial 2 3 Long-term assets other than any listed in this table 4 Total liabilities 5 Cash 6 Operating current assets other than any listed in this table 7 Current portion of long-term debt 8 Cost of sales 9 Nonoperating current assets other than any listed in this table 10 Total long-term assets 11 All equity items other than any listed in this table 12 Total long-term liabilities 13 Long-term debt 14 Earnings before taxes 15 Par value 16 Total equity 17 Retained earnings 18 Current liabilities other than any listed in this table 19 Revenue 20 Total current liabilities 21 Interest expense 22 Taxes 23 Total assets 24 Long-term liabilities other than any listed in this table 25 Accounts receivable 26 Current assets 27 Nonoperating income…
The following information pertains to Dallas Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Assets Cash and short-term investments $41,706 Accounts receivable (net) 32,359 Inventory 33,536 Property, plant, and equipment 244,092 Total Assets $351,693 Liabilities and Stockholders' Equity Current liabilities $67,811 Long-term liabilities 92,969 Common stock, $20 par 125,380 Retained earnings 65,533 Total Liabilities and stockholders' equity $351,693 Income Statement Sales $85,174 Cost of goods sold 38,328 Gross margin $46,846 Operating expenses 28,378 Net income $18,468 Number of shares of common stock 6,269 Market price of common stock $20 Dividends per share $1.00 Cash provided by operations $40,000 What is the return on stockholders' equity? a.28.2% b.1.1% c.6.9% d.2.9%
What is Bank A's ROA based on Figure 1 Balance Sheet ($ in Millions): Assets Liability and Equity Cash $850 Deposits $6,475 Securities 1,925 Other borrowing 1,645 Loans 5,400 Equity 1,030 Other 975 Total $9,150 Total $9,150 Figure 2 Income Statement ($ in Millions): Interest income on loans $450 Interest income on securities 95 Interest expense 246 Noninterest income 78 Noninterest expense 112 Provision for loan loss 35 Taxes 115 Net Income $115 Based on Figures 1 and 2, what is Bank A's Equity Multiplier? A. 8.88 B. 4.75 C. 7.23 D. 8.11
The following data apply to the next six problems. Consider Fisher & Company's financial data as follows (unit: millions of dollars except ratio figures):Cash and marketable securities $100Fixed assets $280Sales $1,200Net income $358Inventory $180Current ratio 3.2Average collection period 45 daysAverage common equity $500Find Fisher's accounts receivable.(a) $147.95 (b) $127.65(c) $225.78 (d) $290.45
Profile Co has the following assets and liabilities: Assets: Cash $100 , account receivable,$150 ; Inventory,$240 ,land $200, plant net of accumulated amortization $300 : liabilities short term bank loan, $60 : accounts payable long term loan mortage loan ,$160 ,profolio co long term assets total was

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