AXA insurance company has an loss adjustment expense of 3,718, underwriting expense of 786, premiums worth 5,631, investment profits worth 450. Based on this information calculate AX's overall operating ratio?
Q: If the current assets and current liabilities are valued at 11,550 and 4,200 respectively, what is…
A: Current ratio = Current assets / Current liabilities
Q: A property casualty insurer brings in $6.20 million in premiums on its homeowners MP line of…
A: Given the following information: Premium earned: $6,200,000 Losses incurred: $4,278,000 Expenses:…
Q: Using the following facts to calculate the Current Ratio, and the Debt Ratio: Ending Total Assets =…
A: The ratio analysis helps to analyze the financial statements of the business on the basis of various…
Q: AXA insurance company has an loss adjustment expense of 3,147, underwriting expense of 947, premiums…
A: Here,
Q: Rosewood Company had current assets of $612, current liabilities of $393, total assets of $722, and…
A: Debt ratio: It implies to the ability of the business in repaying its liabilities or debt…
Q: The most recent income statement of Marble Resurfacing, Inc. reported net sales of $23,600, EBIT of…
A: Formulas:
Q: Shannon Corporation gathered the following information from its financial statements: Net sales…
A: Profit margin = Net income / Net sales = $25200/$180000 = 14% Current ratio = Current assets /…
Q: What is the amount of the firm’s net fixed assets?
A: Fixed Assets: These are assets having a life of more than one year. They are purchased for goods and…
Q: According to the information available in Income and Financial position statements (Image),…
A: The management uses accounting ratios for evaluating the progress in operations as compared to prior…
Q: Compute Chavez Company’s current ratio using the following information. Accounts receivable $18,000…
A: Crrent ratio = Current assets / Current liabilities
Q: Under Armour has the following current assets: cash, $102 million; receivables, $94 million;…
A: We have the following information: Cash: $102 million Receivables: $94 million Inventory: $182…
Q: Hank's Motor Works has total assets of $698,400, long-term debt of $289,500, total equity of…
A: Given the following information: Total assets: $698,400 Long-term debt: $289,500 Total equity:…
Q: Calculate the current ratio in each of the following separate cases. Current Assets Current…
A: The current ratio is calculated as current assets divided by current liabilities.
Q: The 2021 Income statement of Anderson Medical Supply Company reported net sales of $12 million, cost…
A: Inventory turnover ratio = Cost of goods sold/Average inventory Receivable turnover = Net…
Q: An insurance company has a combined ratio of 1.68, overall operating ratio of 1.3 and an expense…
A: Combined ratio is defined as a measure which determines the extent of amount or cash outflow of the…
Q: The following information is available from the annualreport of Frixell, Inc.: Currentliabilities .…
A: In this numerical has covered the concept of Ratio Analysis.
Q: Based on the following data, what is the current ratio, rounded to one decimal point? Accounts…
A: Determine current assets.
Q: If Argos' financial statements indicate that Net Income 7,803, ROE is 10% and the Equity Multiplier…
A: DuPont formula is used to determine the Return on Equity (ROE) of a company by using three different…
Q: A company reports the following income statement and balance sheet information for current year: Net…
A: Introduction: Return on Total Assets: It tells the net profit earned on the total assets used by the…
Q: Presented below is information available for Bestfit Company. Current Assets Inventories…
A: The acid test ratio is calculated as liquid assets divided by current liabilities.
Q: At the end of the reporting period, Michael Scott Company reports the following selected accounts…
A: Formula: Current ratio = Current Assets / Current liabilities Division of current Assets with…
Q: Southern Style Realty has total assets of $485,390, net fixed assets of $250,000, current…
A: Formula: Total debt ratio = Total debts / Total Assets
Q: Paddy’s Pub reported the following year-end data: income before interest expense and income tax…
A: D/E ratio is a financial ratio which describes proportion of shareholders equity and debt used to…
Q: The following information was drawn from the accounting records of Jones Company. (Round the…
A: Return on investment = Net income / Average total assets
Q: The following information was taken from Slater Company's balance sheet: Fixed assets (net)…
A: Ratio of fixed assets to long-term liabilities = Fixed assets/Long term liabilities Ratio of…
Q: Gem jewelers has current assets of $687,600 total assets of $1,711,000 net working capital of…
A: Long term debt = $ 450,000 Total assets = $ 1,711,000 Current assets = $ 687,600 To Find: Debt to…
Q: At year-end, Schultz, Inc. has cash of $11,600, current accounts receivable of $48,900, merchandise…
A: Acid test ratio or quick ratio is computed by dividing quick assets by current liabilities. Quick…
Q: Love Company has current assets of P400,000 including inventory of P160,000 and a quick ratio of…
A: Quick assets = Total current assets - Inventory = P400,000 - P160,000 = P240,000
Q: A property casualty insurer brings in $6.20 million in premiums on its homeowners MP line of…
A: Given the following information: Premium earned: $6.20 million Losses incurred: $4,278,000…
Q: What is the interest coverage ratio?
A: Interest Coverage Ratio: It is a measure showing how well the firm can pay the interest expense on…
Q: United insurance company has a loss adjustment expense of 644, underwriting expenses equalling 146…
A: In the insurance sector, the ratio which measure the profitability of the company is known as the…
Q: Peter's Motor Works has total assets of $689,400, long-term debt of $299,500, total equity of…
A: Given the following information: Total assets: $689,400 Long-term debt: $299,500 Total equity:…
Q: Shelby's Motor Works has total assets of $700,400, long-term debt of $300,500, total equity of…
A: Given the following information: Total assets: $700,400 Long-term debt: $300,500 Total equity:…
Q: AXA Company has an loss adjustment expense of 3718, underwriting expense of 786, premium worth of…
A: Here,
Q: a company has$120,000 in current assets, $550,000 in total assets, $90,000 in current liabilites and…
A: Current ratio: Current ratio is one of the liquidity ratios, which measures the capacity of the…
Q: Webby Corporation reported the following amounts on its income statement: service revenues, $32,500;…
A: Introduction: Income statement: All revenues and expenses are to be shown in income statement. It…
Q: Calculate its debt ratio.
A: Ratio analysis: It is the financial analysis tool for measuring the profitability, liquidity,…
Q: The accounting information collected from the MCM company is detailed in the attached tables.…
A: Ratio analysis is tool used in management accounting to make analysis of financial statements.…
Q: If Argos' financial statements indicate that Net Income 5,789, ROE is 31% and the Equity Multiplier…
A: Net income = 5789 ROE = 31% Equity multiplier = 1.46
Q: Chou Company has a net income of $52,000, assets at the beginning of the year are $259,000 and…
A: Return on assets indicates profitability rate on the bases of assets. It can be calculated by…
Q: The following information was taken from Tyson Company's balance sheet: Fixed assets (net) $774,000…
A: Ratio analysis is a method of measuring the financial position of the organization with different…
Q: Southern Style Realty has total assets of $485,390, net fixed assets of $250,000, current…
A: The debt ratio seems to be a financial metric that determines how much debt a company has. This…
Q: In a recent year’s financial statements, Home Depot reported the following: Total liabilities =…
A: Debt ratio: It can be defined as a financial ratio that assists the business in measuring the…
Q: Delta Insurance company has a loss adjustment expense of 678, underwriting expenses equalling 213…
A: The loss ratio for the insurance business is calculated for the explanation of the study of the…
Q: The Maurer Company has a long-term debt ratio of .31 and a current ratio of 1.70. Current…
A: Given information in question Long term debt ratio is 0.31 Current ratio 1.70 Current liability 870…
Q: Francisco Company has current assets of $50,000. Total assets are $200,000; and long- term…
A: Current Assets = $50,000 Total Assets = $200,000 Long term liabilities and Common Stock =$180,000
Q: XYM has interest expense of $168, total revenues of $38,000, costs of goods sold $18,000,…
A: Given, Debt Equity ratio = 0.625 Total debt = $ 6800 Debt Equity ratio = 0.625 = Total debt /…
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- An insurance company has a combined ratio of 1.68, overall operating ratio of 1.3 and an expense ratio of 0.36, based on this information what is the company's investment income ratio?An insurance company has a combined ratio of 1.02, overall operating ratio of 1.42 and an expense ratio of 0.37, based on this information what is the company's loss ratio?All-Hands Property & Casualty Insurance Company has the following financial ratios. 2019 2018 Loss Ratio 67.8 68.1 Expense Ratio 24.2 25.1 Net Investment Yield 3.5 4.0 a. Calculate the Combined Ratio {Loss Ratio + Expense Ratio} for each year. Combined Ratio 2019 Combined Ratio 2018 b. Calculate the Overall Profitability Ratios Overall Profitability Ratio 2019 Overall Profitability Ratio 2018 why the Overall Profitability Ratio Changed in 2019 Based on the Loss Ratio, Expense Ratio, and Net Investment Yield Trends?
- Resolve and explain the result of the current ratio for XYZ Company and compare andexplain this result with the Industry average, where current liabilities = $581,000 andcurrent assets = $832,000. a. Resolve the current ratio for XYZ Company b.Explain the result of the current ratio for XYZ Company c.Compare and explain the result of the current ratio for XYZ Company with the Industryaverage.If the current assets and current liabilities are valued at 11,550 and 4,200 respectively, what is the company's current ratio?Southern Style Realty has total assets of $485,390, net fixed assets of $250,000, current liabilities of $23,456, and long-term liabilities of $148,000. What is the total debt ratio? Can you provide the formula?
- Use the selected balance sheet and income statement information below for Anka Inc. to compute the current ratio. Explain what information this ratio provides. Current Assets $26,300,450 Current Liabilities $14,879,200 Pretax Income $4,300,600 Interest Expense $1,300,000If a company computes its current ratio to be 3.56, what does this mean interms of the company’s current assets and current liabilities?Find the following using the data bellow Accounts receivable = 111,100,000 Current assets = 316,500,000 Total assets = 600,000,000 A. Return on assets B. Common equity C .Quick ratio
- Liberty Corporation reported the following financial statements: Which measure expresses Liberty’s times-interest-earned ratio? (amounts rounded) a. 54.7% b. 19 times c, 34.5% d. 32 timesSolve and perform the different financial ratios using the financial statements of XYZ Company for the year 2021. 1. Current Ratio 2. Quick Ratio 3. Receivables Turnover 4. Inventory Turnover 5. Debt Ratio 6. Equity Ratio 7. Times Interest Earned 8. Gross Profit Margin 9. Operating Profit Margin 10. Net Profit MarginA firm has total assets of $638,727, current assets of $203,015, current liabilities of $122,008, and total debt of $348,092. What is the debt-equity ratio? Can you provide the forumla?