BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.1x1 Days sales outstanding: 37 days Inventory turnover ratio: 4x Fixed assets turnover: 2.5x Current ratio: 1.5x Gross profit margin on sales: (Sales Cost of goods sold)/Sales 15% "Calculation is based on a 365-day year. Do not round intermediate calculations, Round your answer to the nearest cent. Balance Sheet Cash Accounts receivable Inventories Fixed assets Total assets Sales $200,000 Current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity Cost of goods sold $ 30,000 60,000 $

BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.1x1 Days sales outstanding: 37 days Inventory turnover ratio: 4x Fixed assets turnover: 2.5x Current ratio: 1.5x Gross profit margin on sales: (Sales Cost of goods sold)/Sales 15% "Calculation is based on a 365-day year. Do not round intermediate calculations, Round your answer to the nearest cent. Balance Sheet Cash Accounts receivable Inventories Fixed assets Total assets Sales $200,000 Current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity Cost of goods sold $ 30,000 60,000 $

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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123445 63. We have the following spot rates: No of Year ron (spot rate) 10.5% 11% 11.5% 12% 12.5% F3,5, F1,5, F 2,4 Calculate:
Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals Credit $ 129,000 11,400 10,400 4,400 34,000 240,000 54,000 440,000 340,000 17,000 34,000 4,400 $923,200 $923,200 Debit $11,400 144,000 5,400 27,000 340,000
write the following numbers in millions 11067, 1654, 647, 18779, 7623, 3099
Imagine an emerging market with only 15 years of data. Compute the historical ERP using the geometric mean. (Hint: Compute the annual ERP=Rm- Rrf first and then calculate the geometric mean of it). Save the data to answer Question 2. Rm Rrf 0.100 0.035 0.120 0.045 3 0.300 0.068 4 0.200 0.060 5 0.050 0.030 6 -0.030 0.020 7 0.050 0.010 0.100 0.030 0.450 0.060 10 0.230 0.050 11 0.150 0.040 12 0.100 0.030 13 0.060 0.020 14 0.020 0.020 15 -0.100 0.010 1 2
Q. 14
63 is 10.5% of what number? O 6 O 6.615 O 600 O 661.5
Capital Rationing Decsion Involving Four Proposals Kopecky Industries Inc. Is considering allocating a limited amount of capital Investment funds among four proposals. The amount of proposed Investment, estimated income from operations, and net cash flow for each proposal are as follows: Project Uniform victor Sierra Tango Name Investment $900,000 Investment $2,770,865 Investment $1,762,515 Investment $1,040,013 Income Income Income Income Net Cash Net Cash Net Cash Net Cash from from from from Flows Flows Flows Flows Year Operations Operations Operations Operations $84,000 $240,000 $294,500 $950,000 $207,000 $450,000 $109,000 $390,000 84,500 240,000 294,775 950,000 207,000 450,000 109,000 390,000 85,000 240,000 295,050 950,000 207,000 450,000 109,000 390,000 85,500 240,000 295,325 950,000 207,000 450,000 109,000 390,000 5. 86,000 240,000 295,600 950,000 207,000 450,000 109,000 390,000 Total $425,000 $1,200,000 $1,475,250 $4,750,000 S1,035,000 $2,250,000 $545,000 $1,950,000 Present…
The bond has a coupon rate of 5.69 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. A clean price of $935 and the par value is $1,000. What is the invoice price?
68
4 Bank Negara Malaysia was established on ________* A. 26 January 1959 B. 24 January 1959 C. 25 January 1959 D. 23 January 2959
Ken Yalters, the COO of FreshSkin, asked his cost management team for a product line profitability analysis for his firm's two products - Askin and Bskin. The two products are skin care products that require a large amount of research and development and advertising. He received the report below. Ken concluded that Askin was the more profitable product, and that perhaps cost-cutting measures should be applied to the Bskin product. Askin Bskin Total $ 4,015,000 $ 2,607,500 $ 6,622,500 ( 4,722,500) $ 1,900,000 Sales Cost of goods sold (2,607,500) (2,115,000) Gross profit $ 1,407,500 $ 492,500 Research and development (1,185,000) Selling expenses (137,500) $ 577,500 Profit before taxes Seventy-five percent of the research and development and selling expenses were traceable to Askin. Profit before taxes for the Bskin product, per life-cycle income statements, is:
Q25