II.solution.Mardou CompanyMartin CompanyP50,000,00ComparyAssetsCurrent AssetsP50,000P25,0000P25,0000P12,500,000ImvenboryCurent LabilitesEquityP18,0000PS5,00000PI5,0000P50000PA5,000PIO,0000PT 200,000SalesPIO,0000CostsP8.9000CumperyMarin Compary Merou CompanCurent RabioQuik RatbPaifabiltyRetum on TotalAssetsRetum on Ruty

Liquidity Ratio Current Ratio = Current Assets / Current Liability Liquid Ratio = Liquid Ratio /…

Answered: Assets P50,000 P50,0000 nor 000 000 00…

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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20 If net assets in fair value for company B is 450000 JD, what price should company A pay to achieve bargain gain of 25000 JD. Select one: a. 430000 b. 435000 c. 425000 d. 420000
20Y8 2ΟΥ7 20Y6 20Y5 Net income 20Y4 $1,120,400 $965,900 $811,700 Interest expense $693,800 $588,000 380,900 347,700 300,300 229,000 Income tax expense 182,300 358,528 270,452 227,276 180,388 141,120 Total assets (ending balance) 6,308,280 6,633,962 4,788,646 4,965,740 3,765,686 Total stockholders' equity (ending balance) 2,021,243 2,424,789 1,550,109 1,918,695 1,151,217 Average total assets 6,471,121 5,711,304 4,877,193 4,138,117 3,517,352 Average stockholders' equity 2,223,016 1,987,449 1,734,402 1,534,956 You have been asked to evaluate the historical performance of the company over the last five years. 1,342,466 Selected industry ratios have remained relatively steady at the following levels for the last five years: 20Y4-20Y8 Return on total assets 22.9% Return on stockholders' equity 47.2% Times interest earned 4.6 Ratio of liabilities to stockholders' equity 2.1 Required: 1. Determine the following for the years 20Y4 through 20Y8. Round to one decimal place: a. Return on total…
10. Al the end of the year, Cosby Universit's held assets of $15.000,000 and 59,000,000 of tiabilites (including deferred revenues of $300,000). What Is Cramer's net assets balance? $5,700,000 B. $6,000,000 C. $6,300,000 D. $15,000,000
a. 272,500 b. 275,000 c. 277,500 d. 280,000
a. 56.25% b. 50.00% c. 43.75% d. 100%
Q12
Solve for the Equivalent uniform annual worth.
A9 please help.....
please answer experts thnku
23:23 ® O N • Voll il 22%! LTE1 T Save Question 20 Worldwide Corp.'s statement of financial position accounts as of December 31, 2019 and 2018 and information relating to 2019 activities are presented below. Incorrect Mark 0.00 out of December 31 3.00 2019 2018 Assets Cash $440,000 $160,000 Short-term investments 800,000 Accounts receivable (net) 1,130,000 1,230,000 Inventory 1,210,000 1,050,000 Long-term investments 400,000 600,000 Plant assets 3,100,000 2,000,000 Accumulated depreciation (700,000) (900,000) Patent 280,000 300,000 Total assets $6,660,000 $4.440.000 Liabilities and Equity. Accounts payable $1,620,000 $1,330,000 Other accrued liabilities 200,000 250,000 Notes payable (nontrade) 560,000 - Common Stock-$10 par 1,600,000 1,400,000 Additional paid-in capital 800,000 500,000 Retained earnings 1.880,000 960,000 Total liabilities and equity $6,660,000 $4,440.000 Information relating to 2019 activities: • Net income for 2019 was $1,250,000. This amount includes net sales…
Erie Company reports the following comparative balance sheets and income statement information for the current year. All revenues are from credit sales. Comparative Balance Sheets Assets Cash Accounts receivable Prepaid insurance Inventory Property, plant & equipment Total Assets Liabilities and Stockholder's Equity Accounts payable Salaries payable Long-term notes payable Common stock Retained earnings Total Liabilities and Stockholders' Equity Income Statement Revenue Cost of goods sold Gross margin Operating expenses Net income $ What was the cash received from customers during the year? $ 290,000 (162,000) 128,000 (82,000) 46,000 Beginning of Year $ 90,000 34,000 34,000 10,000 42,000 $ 210,000 $ 50,000 18,000 26,000 22,000 94,000 $ 210,000 End of Year $ 50,000 18,000 42,000 26,000 50,000 $ 186,000 $ 34,000 42,000 34,000 22,000 54,000 $ 186,000
Question 16 of 30: A provision of % should be made on loss assets 50% O 100% O 150% O 75%

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Assets P50,000 P50,0000 nor 000 000 00 mE 000.000.00