What is the amount of equity at the end of the year for Company B? Beginning of yearAssetsRequired informationProblem 1-2A (Algo) Computing missing information using accounting knowledge LO A1[The following information applies to the questions displayed below.]The following financial statement information is from five separate companies.Company ACompany B$ 41,00033,620$ 31,98022,386LiabilitiesEnd of yearAssetsLiabilitiesChanges during the yearStock issuancesNet income (loss)Cash dividends46,000?6,00010,8203,50033,12022,5211,400?2,000SavedComplete this question by entering your answers in the tabs below.Company C$ 26,24014,169Problem 1-2A (Algo) Part 22a. What is the amount of equity at the beginning of the year for Company B?2b. What is the amount of equity at the end of the year for Company B?2c. Compute the net income of the year for Company B.?15,1019,7507,4005,875Company D$ 72,98050,35683,72040,185?13,9110-blackboard.uafs.Company E$ 111,930126,960100,2986,5008,77611,0002 uleComplete this question by entering your answers in the tabs beloRequired 2A Required 2B Required 2CWhat is the amount of equity at the end of the year for Company B?EquityAssetsof the year for Company B.||=Liabilities++$0< Required 2ARequired 20

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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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Hello! look at the attached images and answee the following points: (a) Calculate ratios for the year ended 31 December 2021 (showing your workings) for Primrose Plc, equivalent to those provided above. Return on year-end capital employed Net asset turnover Gross profit margin Net profit margin Current ratio Closing inventory holding period Trade receivables’ collection period viii. Trade payables’ payment period Dividend yield Dividend cover (b) Analyse the financial performance and position of Primrose Plc for the year ended 31 December 2021 compared to 31 December 2020. (c) Explain the uses and the general limitations of ratio analysis. Thank you a lot!
2 Tiger Audio declared and paid a cash dividend of $7,925 in the current year. Its comparative financial statements, prepared at December 31, reported the following summarized information: Current Previous Income Statement $342,000 $281,000 175,650 166,350 63,600 6,400 96,350 28,905 Sales Revenue Cost of Goods Sold 159,000 122,000 52,930 5,670 63,400 19,020 Gross Profit Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense (30%) Net Income $ 67,445 $ 44,380 Balance Sheet $ 72,520 32,900 49,000 151,000 $305,420 $ 45, 200 28,000 46,000 138, 200 Cash Accounts Receivable, Net Inventory Property and Equipment, Net Total Assets $257,400 $ 39,000 4,800 101,900 145,700 39,400 120,320 $ 37,000 4,000 116, 200 157, 200 39,400 60,800 Accounts Payable Income Tax Payable Note Payable (long-term) Total Liabilities Common Stock (par $1) Retained Earnings Total Liabilities and Stockholders' Equity $305,420 $257,400
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Hello! look at the attached images and answer: (a) Calculate ratios for the year ended 31 December 2021 (showing your workings) for Primrose Plc, equivalent to those provided above. i. Return on year-end capital employed ii. Net asset turnover iii. Gross profit margin iv. Net profit margin v. Current ratio vi. Closing inventory holding period vii. Trade receivables’ collection period viii. Trade payables’ payment period ix. Dividend yield x. Dividend cover (b) Analyse the financial performance and position of Primrose Plc for the year ended 31 December 2021 compared to 31 December 2020. (c) Explain the uses and the general limitations of ratio analysis. Thanks a lot!
Instructions Using the financial statements and additional information, compute the following ratios for the El Camino Company for 2021. Show all computations. Computations 1. Current ratio 2. Return on common stockholders' equity 3. Price-earnings ratio 4. Inventory turnover 5. Accounts receivable turnover 6. Times interest earned 7. Profit margin 8. Days in inventory 9. Payout ratio 10. Return on assets
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Complete this question by entering your answers in the tabs belo Required 2A Required 2B Required 2C What is the amount of equity at the end of the year for Company B? Assets = year Company B. Liabilities + + $ Equity 0 Required 2A Required 2