Better Burgers reported the following numbers (in millions) for the years ending February 2021 and 2022.Net incomeDividendsTotal assetsTotal equityInternal growth rateSustainable growth rate2021Internal growth rateSustainable growth rate$ 13,5906,221What are the internal and sustainable growth rates?Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.Internal growth rateSustainable growth rate2022$ 1,427286%What are the internal and sustainable growth rates using ROE × b and ROA band the end of period equity (assets)?Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.14,8117,442What are the growth rates if you use the beginning of period equity in this equation?Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.%%■.(CE

Internal Growth Rate is fetching the amount of income inflow when all income from additional sources…

are the internal and sustainable Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate Sustainable growth rate What are the internal and sustainable growth rates using ROE band ROA band the end of period equity (assets)? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate Sustainable growth rate What are the growth rates if you use the beginning of period equity in this equation? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate Sustainable growth rate % %

are the internal and sustainable Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate Sustainable growth rate What are the internal and sustainable growth rates using ROE band ROA band the end of period equity (assets)? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate Sustainable growth rate What are the growth rates if you use the beginning of period equity in this equation? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate Sustainable growth rate % %

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Better Burgers reported the following numbers (in millions) for the years ending February 2021 and 2022. Net income Dividends Total assets Total equity Internal growth rate Sustainable growth rate 2021 Internal growth rate Sustainable growth rate $ 13,620 6,251 What are the internal and sustainable growth rates? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. 2022 $ 1,457 209 Internal growth rate Sustainable growth rate % % What are the internal and sustainable growth rates using ROE × b and ROA × b and the end of period equity (assets)? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. 14,868 7,499 % % What are the growth rates if you use the beginning of period equity in this equation? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. % %
Using data available in the case, calculate the annual growth rate from 2020 to 2021 (in percentages). All calculations should be rounded to two decimals (e.g., 12.77%). > Answer is complete but not entirely correct. 2021 2020 2020-2021 Revenue 2,057,622 1,736,432 18.50 % Cost of Goods Sold 1,259,830 921,980 36.64 % Gross Profit 797,792 814,452 (1.02) % Operating Expenses 789,795 570,245 38.50 % Operating Income 7,997 244,207 2,953.73% Net Income 14,553 191,960 (92.42) %
Use the table below to answer the following questions. a. Calculate the growth rate of real GDP for each year from 2017 to 2021: (Enter your responses rounded to two decimal places and include a minus sign if necessar Real GDP Annual Growth rate of Real Year (Billions of 2012 dollars) GDP 18,079 18,607 2017 2018 2.92 % 2019 19,033 2.28 % 2020 18,385 -3.40 % 2021 19,427 5.66 % *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis. b. Calculate the average annual growth rate of real GDP for the period from 2017 to 2021. Average annual growth rate =%. (Enter your response rounded to two decimal placos.)
What is the year-over-year revenue change percent? Use the attached financial data to calculate the ratios for 2022. Round to the nearest decimal. Abercrombie & Fitch Co (ANF) Financial Data Revenues Cost of Sales Total Operating Expenses Interest Expense Income Tax Expense Diluted Weighted Shares Outstanding Cash + Equivalents Accounts Receivable Inventories Total Current Assets Total Assets Accounts Payable Total Current Liabilities Total Stockholders' Equity ANF Stock Price = $10.30 Select one O A. 5.3% B. 14.4% C. -1.4% O D. -3.5% 2022 $3,659.3 $1,545.9 $2,026.9 $28.5 $37.8 52.8 $257.3 $108.5 $742.0 $1,220.4 $2,694.0 $322.1 $935.5 $656.1 2021 $3,712.8 $1,400.8 $1,968.9 $34.1 $38.9 62.6 $823.1 $69.1 $525.9 $1,507.8 $2,939.5 $374.8 $1,015.2 $826.1
Calculate the following ratios for 2021 using working Excel formulas. Make sure to label each appropriately using the following cell (number of days, number of times, etc.) Round each answer to 2 decimal places (example: ROE of .1678 should display as 16.78%): Current Ratio Quick Ratio Debt to Equity Ratio Equity Multiplier Times Interest Earned Dividend Yield Inventory Turnover Days’ Sales in Inventory Receivables Turnover Days’ Sales in Receivables Total Asset Turnover Profit Margin Return on Assets Return on Equity P/E Ratio 2.Calculate Return on Equity (ROE) for 2021 using the Dupont
Assume that in 2019 the nominal GDP in Scoob was $ 20 trillion and in 2020 the nominal GDP was $ 24 trillion. What was the growth rate of nominal GDP between in 2020? (give your answers rounded to 1 decimal place) A. 16.7% B. 10.0% C. 20.0% D. 83.3%
Following is some financial information of 250R Corp: 250 CORP Statement of Income For the years ended December 31, 2020 and 2021 Year Ended 31.12.2021 Sales Revenues Cost of Goods Sold Gross Margin Salaries expense Depreciation expense Interest expense Net income Long-term borrowings Accounts receivable Property, plant & equipment (PPE): Cost Accumulated Depreciation $750,000 (300,000) $450,000 (75,000) (70,000) (30,000) $275,000 Some Selected Balance Sheet Data As at 31.12.2021 $300.000 $525,000 $350,000 210,000 Year Ended 31.12.2020 $500,000 (200,000) $300,000 (50,000) (70,000) (30,000) $150,000 As at 31.12.2020 $300.000 $250.000 $350,000 140,000
Compute trend percent for the following accounts using 2018 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percent appears to be favorable or unfavorable. 2022 2021 2020 2019 2018 Sales $282,880 $270,800 $252,600 $234,560 $150,000 Cost of goods sold 128,200 122,080 115,280 106,440 67,000 Accounts receivable 18,100 17,300 16,400 15,200 9,000
Begin by calculating the gross profit for each year, then prepare a horizontal analysis of revenues and gross profitlong dash—both in dollar amounts and in percentageslong dash—for 20192019 and 20182018. (Enter amounts in millions as provided to you in the problem statement. Round the percentages to one decimal place, X.X%. Use a minus sign or parentheses to indicate a decrease.) McDonald Corp. Income Statement - (Partial) Years Ended December 31, 2019 and 2018 (Amounts in millions) 2019 2018 2017 Revenues $9,575 $9,300 $8,975 Cost of Goods Sold 6,250 6,000 5,890 Gross Profit
Net income was $520,000 in 2020, $452,400 in 2021, and $524,784 in 2022. What is the percentage of change (a) from 2020 to 2021, and (b) from 2021 to 2022? Is the change an increase or a decrease? (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (45). Round percentages to 1 decimal place, eg. 12.3%.) Increase or (Decrease) Amount Percentage (a) 2020-2021 (b) 2021-2022
Compute these values and ratios for 2021 and 2022. (Round Earnings per share to 2 decimal places, e.g. $2.78 and Current Ratio and Debt to assets ratio to 1 decimal place, e.g. 15.2. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Here is the income statement for Skysong, Inc. Sales revenue Cost of goods sold Gross profit Expenses (including $14,000 interest and $25,200 income taxes) Net income Additional information: 1. SKYSONG, INC. Income Statement For the Year Ended December 31, 2022 2. 3. $438,400 217,900 220,500 89,500 $ 131,000 Common stock outstanding January 1, 2022, was 26,700 shares, and 36,500 shares were outstanding at December 31, 2022. The market price of Skysong stock was $15 in 2022. Cash dividends of $21,300 were paid, $5,500 of which were to preferred stockholders.