A9 a. Income statement for the year ended April 30.b. Statement of changes in equity for the year ended April 30.c. Classified balance sheet at April 30AccountBalanceAccounts receivable8,160Accumulated depreciation, building.610Accumulated depreciation, machinery1,660Advertising expense8,540Bonds Payable (due July, 2017)15,260Building1,410Cash4,790Commissions earned11,030Consulting revenue earned13,090Depreciation expense, building.610Depreciation expense, machinery1,660Dividends2,200Interest earned1,430Interest expense1,820Interest payable1,560Land10,810Long-term investment in shares9,360Machinery6,910Mortgage Payable (due July, 2017)7,840Patents7,000Prepaid advertising2,660Prepaid rent3,460Rent earned9,950Rent expense4,33013,800Salaries expenseSalanes payable7,310Share capital13,410Short-term notes payable8,030Trademark.6,800Unearned consulting revenue.3,140Type here to searchXX!!++X X X X XX +X++******++(select one)Balance Sheet(select one)OE***X4+4(select one)Income Statement(select one)(select one)Statement of Changes in Equity(select one)OShare Retained TotalCapital Earnings Equity

An income statement is a financial report that indicates the revenue and expenses of a business. It…

a Income statement for the year ended April 30. b. Statement of changes in equity for the year ended April 30. c. Classified balance sheet at April 30 Account Balance Accounts receivable 8,160 Accumulated depreciation, building 610 Accumulated depreciation, machinery 1,660 Advertising expense 8,540 Bonds Payable (due July, 2017) 15,260 Building 1,410 Cash 4,790 Commissions earned 11,030 Consulting revenue earned 13,090 Depreciation expense, building 610 Depreciation expense, machinery 1,660 Dividends 2,200 Interest earned 1,430 Interest expense 1,820 Interest payable 1,560 Land 10,810 9,360 Long-term investment in shares Machinery 6,910 Mortgage Payable (due July, 2017) 7,840 Patents 7,000 Prepaid advertising 2,660 Prepaid rent 3,460 Rent earned 9,950 Rent expense 4,330 Salaries expense Salanes payable 13,800 7,310 Share capital 13,410 Short-term notes payable 8,030 Trademark 6,800 Unearned consulting revenue, 3,140 + XXX 654 ** 97 47 (select one) Balance Sheet (select one) *** (select one) Income Statement (select one) (select one) Statement of Changes in Equity (select one) Share Retained Total Capital Earnings Equity

a Income statement for the year ended April 30. b. Statement of changes in equity for the year ended April 30. c. Classified balance sheet at April 30 Account Balance Accounts receivable 8,160 Accumulated depreciation, building 610 Accumulated depreciation, machinery 1,660 Advertising expense 8,540 Bonds Payable (due July, 2017) 15,260 Building 1,410 Cash 4,790 Commissions earned 11,030 Consulting revenue earned 13,090 Depreciation expense, building 610 Depreciation expense, machinery 1,660 Dividends 2,200 Interest earned 1,430 Interest expense 1,820 Interest payable 1,560 Land 10,810 9,360 Long-term investment in shares Machinery 6,910 Mortgage Payable (due July, 2017) 7,840 Patents 7,000 Prepaid advertising 2,660 Prepaid rent 3,460 Rent earned 9,950 Rent expense 4,330 Salaries expense Salanes payable 13,800 7,310 Share capital 13,410 Short-term notes payable 8,030 Trademark 6,800 Unearned consulting revenue, 3,140 + XXX 654 97 47 (select one) Balance Sheet (select one) * (select one) Income Statement (select one) (select one) Statement of Changes in Equity (select one) Share Retained Total Capital Earnings Equity

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 13E: Ratio of liabilities to stockholders equity and times interest earned The following data were taken...

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Compute the following ratiosat December 31, 2019: i.Current ratio ii.Acid-test Ratio iii.Account Receivables Turnover iv.Average collection period v.Inventory Turnover vi.Days in inventory vii.Profit margin viii.Debts to Asset ratio ix.Return on Assets x.Times Interest Earned
What amounts did Target report for the following items for the year ended January 30, 2016?a. Total Revenuesb. Income from current operationsc. Net income or net lossd. Total assetse. Total equity
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Subject-accounting
The current ratio including transaction c. is The debt ratio including transaction c is screenshots attached thank you
Required 1. Compute each year’s current ratio. Round ratios to one decimal. 2. Express the income statement data in common-size percents. Round percents to two decimals. 3. Express the balance sheet data in trend percents with 2017 as the base year. Round percents to two decimals. Analysis Component 4. Comment on any significant relations revealed by the ratios and percents computed.
owing income statement accounts in the popup window, E t for the year. ow for the year. Data Table nt for the year. at below. (Round to the nearest dollar. (Click on the following icon in order to copy its contents into a spreadsheet.) ncome Statement Income Statement Accounts for the Year Ending 2017 Balance nding December 31, 2017 Account Cost of goods sold Interest expense Taxes Revenue Selling, general, and administrative expenses Depreciation $341,000 $75,000 59,600 S743,000 $62,000 $116,000 Print Done %24 %24 %24
3. Complete the below table to calculate the balance sheet data in trend percents with 2017 as base year. (Round your percentage answers to 2 decimal places.) KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2019, 2018 and 2017 2019 2018 2017 Assets Current assets % % 100.00 % Long-term investments 100.00 Plant assets, net 100.00 Total assets % % 100.00 % Liabilities and Equity Current liabilities % % 100.00 % Common stock 100.00 Other paid-in capital 100.00 Retained earnings 100.00 Total liabilities and equity % % 100.00 % see pictures
Subject : Accounting
Calculate the following ratios from the income statement and balance sheet all are required 1-Equity Turnover 2-Gross Profit Margin 3-Operating Profit Margin 4-Net Profit Margin 5-ROA 6- ROE Statement of financial position as at 31 December 2018 2018 2017 Note RO RO ASSETS Non-current assets Property, plant and equipment 14 8,407,572 9,300,442 Deferred tax assets 12 40,977 18,550 8,448,549 9,318,992 Current assets Inventories 15 430,885 422,421 Trade and other receivables 16 1,129,440 1,235,724 Due from related parties 24 70,300 73,050 Cash and bank balances 17 6,856,734 6,439,709 Total current assets 8,487,359 8,170,904 Total assets 16,935,908 17,489,896 EQUITY…
Summary financial information for Gandaulf Company is as follows. Compute the amount and percentage changes in 2022 using horizontal analysis, assuming 2024 is the base year. (Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45,-45% or parentheses e.g. (45), (45%). Round percentages to 2 decimal places, e.g. 1.25%.) Current Assets Dec. 31, 2022 Dec. 31, 2024 $191,100 $210,000 $ Plant Assets 1,058,600 790,000 Total assets $1,249,700 $1,000,000 $ Increase (Decrease) in 2022 Amount Percent % % %