At the beginning of the year, Keller Company's liabilities equal $60,000. During the year, assets increase by $80,000, and at year-end assets equal $180,000. Liabilities decrease by $10,000 during the year. What are the beginning and ending amounts of equity?
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- Swifty Incorporated had average total assets in 2025 of $6343000. It reported sales for of $8209000 that year. Average liabilities for the year were $5187000. Net income for the year was $964136. What is Swifty' return on assets for 2025? O 15.20% 18.59% O 11.74% 6.60%What is the present worth of the followingseries of payments?(a) $1,500 at the end of each year for 10 years at7.25% compounded annually.(b) $4,900 at the end of each year for seven years at9.75% compounded annually.(c) $1,000 at the end of each year for 15 years at8.2% compounded annually.(d) $19,500 at the end of each year for eight years at7.5% compounded annuallyBrandt Corporation had sales revenue of 500,000 for the current year. For the year, its cost of goods sold was 240,000, its operating expenses were 50,000, its interest revenue was 2,000, and its interest expense was 12,000. Brandts income tax rate is 30%. Prepare Brandts multiple-step income statement for the current year.
- a) 15% increase in Current Liabilities. b) 33% increase in Owner's Capital. c) 19% increase in Long Term Liabilities d) All of the above 6. If current assets are P270,000 and total assets are P810,000, what percentage of total assets are current assets? c) 25 percent a) 3.5 percent 7. Comparing the amount of a balance sheet item in one year to the amount for the same item in a prior year is called a) common-size analysis. c) horizontal analysis. 8. A firm has liabilities of P30,000 and owner's capital of P90,000. The percentage of total liabilities to total assets is b) 30 percent d) 33 percent b) vertical analysis. d) ratio analysis. b) 20 percent. c) 50 percent. d) 75 percent. a) 25 percent. 9. A firm had owner's capital of P150,000 in 2013 and P187,500 in 2013. The increase in owner's capital from 2013 to 2014 is a) 12.5 percent. 10. If long-term liabilities are P300,000 and total assets are P2,100,000, what percentage of total assets are long-term liabilities? a) 7 percent b) 20…Frezia Corp.'s total assets at the end of last year were P315,000 and its net income after taxes was P22,750. What was Frezia’s return on total assets? * Choices: 7.58% 8.78% 7.22% 7.96% 8.36%Suppose in its 2027 annual report that McDonald's Corporation reports beginning total assets of $20.80 billion, ending total assets of $19.20 billion, net sales of $21.80 billion, and net income of $4.10 billion. (a) Compute McDonald's return on assets. (Round return on assets to one decimal place, e.g. 5.1%.) McDonald's return on assets % (b) Compute McDonald's asset turnover. (Round asset turnover to 2 decimal places, e.g. 5.12.) McDonald's asset turnover times
- Laiho Industries^ 2018 and 2019 bal ance sheets (in thousands of dollars) are shown. a. Sales for 2019 were $455,150,000, and EBITDA was 15% of sales. Furthermore, depre ciation and amortization were 18% of net fixed assets, interest was $8,583,000, the cor porate tax rate was 25%, and Laiho pays 47.25% of its net income as dividends. Given this information, construct the firm's 2019 income statement.b. Construct the statement of stockholders' equity for the year ending December 31,2019, and the 2019 statement of cash flows.c. Calculate 2018 and 2019 net operating working capital NOWC) and 2019 free cash flow (FCF). Assume the firm has no excess cash.d. If Laiho increased its dividend payout ratio, what effect would this have on corporate taxes paid? What effect would this have on taxes paid by the company's shareholders?e. Assume that the firm's after-tax cost of capital is 10.5%. What is the firm's 2019 EVA?f. Assume that the firm's stock price is $22 per share…Pretty Co.'s total liabilities and equity amounted to $285,000 for year 2018. The financial statement for 2019 showed total assets of $542,000. How much is the percentage of increase for the total assets?What is included in the income tax expense for each year (25%)? And what is the net income for each year
- FVA Inc.'s net income for the most recent year was $41,445. The tax rate was 25 percent. The firm paid $10,440 in total interest expense and deducted $10,630 in depreciation expense. What was the cash coverage ratio for the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Cash coverage ratio timesA person invested $6600 for 1 year, part at 5%, part at 11%, and the remainder at 13%. The total annual income from these investments was $720. The amount of money invested at 13% was $600 more than the amounts invested at 5% and 11% combined. Find the amount invested at each rate.. The person invested $at 5%, $at 11%, and $at 13% CITZack Corp. had the following information for 2019: Sales $500,000Operating income 50,000Operating assets 200,000Imputed interest rate 10% What amount of residual income did Zack have?
