Carlisle Lawn Services' year-end 2023 balance sheet lists current assets of $520,400, fixed assets of $630,200, current liabilities of $465,800, and long-term debt of $375,600. Calculate Carlisle Lawn Services' total stockholders' equity.
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Carlisle Lawn Services' year-end 2023
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- Neptune Corporation is preparing its December 31, 2018, balance sheet. The following items may be reported as either assets, liabilities or stockholders’ equity. d) During the year, customer advances of $220,000 were received; $110,000 of this amount was earned by December 31, 2018. e) A 10% bonds payable of 1,000,000 was issued on December 31, 2018, due on December 31, 2023. f) Treasury stock of $55,000 has been recorded at cost. Instructions:For each item above indicate the dollar amounts to be reported as assets, liabilities or stockholders’ equity. Mention the classification as well.The following information pertains to Maxwell Corporation. Assume that all balance sheet amounts represent both average and ending figures. Maxwell Corporation had 6,000 shares of common stock issued and outstanding. The market price of Maxwell common stock on December 31, 2019, was $20. Jasmin paid dividends of $0.90 per share during 2019. What is the debt to equity ratio for this corporation? Round your answer to 1 decimal place. Maxwell Corporation Partial Balance Sheet December 31, 2019 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity Maxwell Corporation Income Statement For the Year Ended December 31, 2019 Net sales Cost of goods sold Gross margin Operating expenses Income before income taxes Income taxes expense Net income $ 60,000 90,000 150,000 $300,000 $80,000 45,000 $35,000 15,000 $20,000 5,000 $15.000The 2021 Balance Sheet of Eighty-Five Ltd. show a total of $100,000 in current assets, which is made up of $35,000 (cash), $15,000 (marketable securities), $20,000 (net receivables) and inventories (that make up the difference). If the company’s current liabilities for the year is $55,000, what is its quick ratio? 1.273. 0.780. 1.000. 1.875.
- SW Company provides the Equity & Liability information below for analysis. SW Company had net and $335,800 in 2022. Equity and Liabilities Share capital-common (136,400 shares issued) Retained earnings (Note 1) Accrued liabilities Notes payable (current) Accounts payable Total equity and liabilities Note 1: Cash dividends were paid at the rate of $1 per share in 2022 and $2 per share in 2023. Required: 1. Calculate the return on common share equity for 2022 and 2023. (Assume total equity was $1,439,00 (Round your answers to 1 decimal place.) Return on equity 2022 23.3 % 2023 26.0 % Prox 5 2023 2022 $1,242,000 $1,242,000 417,700 300,000 9,100 6,100 76,600 66,700 63,300 182,500 $1,808,700 $1,797,300 ‒‒‒ - NextAllianze Ltd has the following data information as of 30 June 2022: Current assets of $ 6,970 Net fixed assets of $18,700 Current liabilities of $4,570 Long term debts of $9,490. Required: How much is net working capital of the company? Calculate the return on assets of the company given the return on equity is 20%Daryyu Inc.’s Balance Sheet as of December 31, 2022 is as follows: Current Assets P 800,000.00 Accounts Payable P 200,000.00 Notes Payable 200,000.00 Long-term Liabilities 350,000.00 Fixed Assets 300,000.00 Equity 350,000.00 1,100,000.00 1,100,000.00 In 2022, the company reported sales of 3,000,000, Net Income of 60,000, and dividends of 10,000. Sales are projected to increase by 10% next year. Both Profit Margin and the Dividend Pay-Out Ratio will remain the same. Operations are at full capacity. Assume external fund will be raised through issuances of Long-Term Obligations or Bonds. A. How much Long-term Debt will the company have to issue next year? B. If the operations are not in full capacity, what will be your answer?
- Phelps, Incorporated had assets of $67,646, llabilities of $15,466, and 10,718 shares of outstanding common stock at December 31, 2020. Net income for 2020 was $7,829. The company had assets of $79,571, liabilities of $18,551, 10,771 shares of outstanding common stock, and its stock was trading at a price of $10 per share at December 31, 2021. Net income for 2021 was $9,993. Required: a. Calculate EPS for 2021. b. Calculate ROE for 2021. c. Calculate the Price/Earnings Ratio for 2021. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate EPS for 2021. (Do not round intermediate calculations. Round your final answer to 2 decimal place EPSThe December 31, 2018, balance sheet of Whelan, Inc, showed long-term debt of $1,385,000, $137.000 in the common stock account, and $2,620,000 in the adoitional paid-in surplus account. The Deocember 31. 2019, balance sheet showed long-term debt of $1.550.000, $147,000 in the common stock account and $2,920,000 in the additional paid-in surplus account. The 2019 income stalement showed an interest expense of $92,500 and the company paid oul $142.000 in cash dividends during 2019. The fim's net capital spending for 2019 was $930,000, and the fim reduced its net working capital investment by $122.000. What was the fem's 2019 operating cash fow, or OCF7 (A nogative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, eg. 1,234,567.) Operating cash flowCanterbury Company reported total stockholders' equity of $170,000 on its balance sheet dated December 31, 2021. During the year ended December 31, 2022, Canterbury reported net income of $20,000 and issued additional common stock for $40,000. It total stockholders' equity as of December 31, 2022 is $226,000, what was the amount of dividends declared during the year ended December 31, 2022?
