CashReceivablesInventoriesTotal CANet fixed assetsTotal assetsSalesNet income280211470280364126490% (use 2 decimals)Accounts payableOther current liabilitiesTotal CLLong-term debtCommon equityTotal liab. and equity422870140280420AYou have the above balance sheet and income statement for Ahmed's inc.You want to reduce your inventory to generate funds to buy back common stock at the book value. You will reduce inventory so that the current ratio is equal to 2.09.There is no effect on sales or net income. What is the new ROE?

Current Ratio = Current Assets / Current LiabilitiesReturn on Equity = Net Income / Common Equity

Cash Receivables Inventories Total CA Net fixed assets Total assets Sales Net income 280 21 14 70 280 364 126 490 % (use 2 decimals) Accounts payable Other current liabilities Total CL Long-term debt Common equity Total liab. and equity 42 28 70 140 280 420 You have the above balance sheet and income statement for Ahmed's inc. You want to reduce your inventory to generate funds to buy back common stock at the book value. You will reduce inventory so that the current ratio is equal to 2.09 There is no effect on sales or net income. What is the new ROE?

Cash Receivables Inventories Total CA Net fixed assets Total assets Sales Net income 280 21 14 70 280 364 126 490 % (use 2 decimals) Accounts payable Other current liabilities Total CL Long-term debt Common equity Total liab. and equity 42 28 70 140 280 420 You have the above balance sheet and income statement for Ahmed's inc. You want to reduce your inventory to generate funds to buy back common stock at the book value. You will reduce inventory so that the current ratio is equal to 2.09 There is no effect on sales or net income. What is the new ROE?

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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ssibility. Investigate r Search % 2. Dividends were paid in the amount of $125. STNP decreased by $213, accounts receivables increased by $222, inventory decreased by $114, and LTD decreased by $80. AP increased by $100. What is the cash flow from financing activities? 5 /^6 T G 4- V B Y H J+ & 87 N thp * KAA 8 M Ⓒ M 19 K DII f10 W DDI L O > P F11 P alt X ? Focus F12 insert L 1 + EE prt sc ] pause ctrl backspace ent
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Little Grocery Supplier Statement of Income For the period ending 31.12.2017 Sales Cost of goods sold Operating Expenses Bad debts expense Operating Income Non Operating items Interest Revenue Net Income Statement of Stockholders Equity For the period ending 31.12.2017 Beginning Common Stock Plus:Stock Issued Ending Common Stock Beginning Retained Earnings Add:Net Income Less:Dividends Ending Retained Earnings Total Stockholders Equity 19000 1600 50000 20000 54500 48880 -5000 160000 91000 69000 20600 48400 480 48880 70000 98380 168380
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The inventory decreased from year to year do you deduct or add for the cash flow statement. Please prepare cash flow statement so I can compare my answers
Accounts Payable Accounts Receivable Accumulated Depreciation (Equip) Allowance for Doubtful Accounts Bonds Payable Cash Cash Dividends Common Stock Cost of Goods Sold Depreciation expense Equipment Interest Expense Inventory Adjusted Trial Balance 12/31/2020 Gain on Sale of Equipment Notes Payable (due 9/30/22) PIC in Excess of Par - Common PIC from Treasury Stock Preferred Stock Prepaid Rent Retained Earnings Salary Expense Sales Returns & Allowances Sales Revenue Supplies Treasury Stock Unearned Sales Revenue Utilities Expense TOTALS Debit $4,000 $12,400 $2,800 $16,400 $1,400 $50,000 $400 $4,800 $600 $4,600 $2,000 $400 $600 $2,000 Credit $9,000 $10,000 $200 $10,000 $600 $600 $600 $20,000 $1,400 $6,000 $6,400 $36,800 $800 $102,400 $102,400 Total Assets Total Current Assets Total Liabilities Total Current Liabilities Total Stockholders' Equity Total Paid-in Capital Gross Profit Income from Operations Net Income Intangible Assets
what if in the future, it will earn a negative RCE. Is this possible for a company? Why?