A comparative balance sheet for Pina Corporation is presented as follows.December 31Assets20252024Cash$72,840$22,000Accounts receivable84,30068,460Inventory182,300191,460Land73,300112,460Equipment262,300202,460Accumulated depreciation-equipment(71,300) (44,460)Total$603,740 $552,380Liabilities and Stockholders' EquityAccounts payable$36,300$49,460Bonds payable150,000200,000Common stock ($1 par)214,000164,000Retained earnings203,440138,920Total$603,740$552,380Additional information:1.Net income for 2025 was $129,600. No gains or losses were recorded in 2025.2.Cash dividends of $65,080 were declared and paid.3.Bonds payable amounting to $50,000 were retired through issuance of common stock. Determine Pina Corporation's current cash debt coverage, cash debt coverage, and free cash flow. (Round current cash debtcoverage and cash debt coverage to 2 decimal places., e.g. 0.67:1. Show amount that decrease cash flow with either a-sign e.g.-15,000 orin parenthesis e.g. (15,000).)Current cash debt coverageCash debt coverageFree cash flowComment on its liquidity and financial flexibility.-3.92:10.96:138520Pina has excellentliquidity. Its financial flexibility is good

Step 1:The current cash debt coverage ratio is calculated as follows: Current cash debt coverage…

Answered: A comparative balance sheet for Pina…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 19P

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ABC Co its selected financial statements items are given as following. Gross profit equals to 100.000 TL, EBIT equals to 50.000 TL, Net Income equals to 20.000 TL, total depreciation & amortization expenses equals to 10.000 TL. Property, Plant and Equipment 80.000 TL, Cash and Cash Equivalent 10.000 TL, Intangible Assets 30.000 TL, Account Receivable 30.000 Inventory 20.000 TL, Account Payable 20.000 TL, Calculate the ROIC 4- (Return on Invested Capital) ratio of the company. a) O 33,33% 138 b) O 40,00% c) O 35,71% d) O 42,86%
A comparative balance sheet and an income statement for Rowan Company are given below: Rowan CompanyComparative Balance Sheet(dollars in millions) EndingBalance BeginningBalance Assets Current assets: Cash and cash equivalents $ 70 $ 91 Accounts receivable 536 572 Inventory 620 580 Total current assets 1,226 1,243 Property, plant, and equipment 1,719 1,656 Less accumulated depreciation 640 480 Net property, plant, and equipment 1,079 1,176 Total assets $ 2,305 $ 2,419 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 205 $ 180 Accrued liabilities 94 105 Income taxes payable 72 88 Total current liabilities 371 373 Bonds payable 180 310 Total liabilities 551 683 Stockholders' equity: Common stock 800 800 Retained earnings 954 936 Total…
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Condensed financial data of Crane Inc. follow. CRANE INC.Comparative Balance SheetsDecember 31 Assets 2022 2021 Cash $117,100   $47,400   Accounts receivable 93,000   32,700   Inventory 111,400   102,700   Prepaid expenses 30,000   25,300   Long-term investments 141,000   113,100   Plant assets 274,700   241,500   Accumulated depreciation (46,100) (51,500)    Total $721,100   $511,200   Liabilities and Stockholders’ Equity Accounts payable $111,300   $67,100   Accrued expenses payable 16,100   17,400   Bonds payable 118,400   149,600   Common stock 220,900   174,000   Retained earnings 254,400   103,100      Total $721,100   $511,200   CRANE INC.Income StatementFor the Year Ended December 31, 2022…
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Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: Current assets Property, plant, and equipment Intangible assets Current liabilities Long-term liabilities Common stock Retained earnings Current Year Previous Year $168,720 485,070 49,210 84,360 309,320 98,420 210,900 $271,730 534,090 131,180 178,030 393,540 103,070 262,360 A Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders' equity item as a percent of the total liabilities and stockholders' equity. Round percentages to nearest "whole" number.
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What is the current ratio of Nezuko Inc.?
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