Consider this simplified balance sheet for Geomorph Trading: Current assets $185 $43 Current liabilities Long-term assets $585 $250 Long-term debt $53 Other liabilities $424 Equity $770 $770 Calculate the ratio of debt to equity.
Q: Ans
A: To calculate the cost of equity using both the Dividend Discount Model (DDM) and the Security Market…
Q: The Gasson Company uses the weighted-average method in its process costing system. The company's…
A: Given:Ending WIP Units: 27,000 unitsCompletion Levels:Materials: 100%Labor and Overhead: 70%Costs…
Q: During 2022, Evans Corporation reported: please answer the general accounting question
A: Step 1: Define Return on Assets (ROA)The Return on Assets (ROA) is a financial metric that measures…
Q: Hii expert please given correct answer financial accounting question
A: Step 1: Define Retained EarningsIncome after paying tax and distribution of profit there in the hand…
Q: None
A: For this problem, we are tasked to compute for the capital gains yield. A capital gains yield…
Q: provide correct answer financial accenting question
A: Step 1: Define Preferred Stock PriceThe price of preferred stock represents the value of the stock…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of Payout RatioThe Payout Ratio is the proportion of net income paid out as…
Q: Give true answer this financial accounting question
A: Step 1: Define Rate of Return on Assets (ROA)Rate of Return on Assets (ROA) is a financial metric…
Q: I want to correct answer general accounting question
A: Step 1: Definition of Tax SavingsTax savings from an expense item refer to the amount of tax…
Q: kindly help me with accounting question
A: Step 1: Definition of Degree of Operating LeverageThe degree of operating leverage (DOL) is a…
Q: 1. Lazuli Incorporated manufactures two models of cameras that can be used as cell phones, MPX, and…
A: Step 1: Introduction to ABC CostingABC costing, or activity-based costing, is a cost accounting…
Q: Ans plz
A: Final Answer:The Price-Earnings Ratio is:30 (Option D)
Q: Ans
A: Concept of Present Value of Annuity (PVA)The present value of an annuity is the current worth of a…
Q: What is the degree of opereting leverage? General accounting
A: Step 1: Contribution margin Contribution margin = (Sales ratio - Variable cost ratio) x Selling…
Q: ???
A: To solve this problem step by step, we need to calculate the projected stock price one year from now…
Q: Question: 5-1 Good Times Restaurant estimates the following costs for next year: fixed costs…
A: We have given, Fixed costs: $120,000Variable cost per meal: $15Selling price per meal: $35OpDesired…
Q: ?!
A: To calculate the **Cash Conversion Cycle (CCC)**, we need to compute three components:1. **Days…
Q: General Accounting Question need answer this question
A: Step 1: Introduction to income statementIncome statement is referred to as the financial statement…
Q: Subject: Financial Accounting
A: Concept of DepositA deposit is an advance payment made by a customer to secure a product or service.…
Q: Break-even analysis calculates the point where? A) Total revenues equal fixed costs B) Total…
A: The correct answer is: C) Total revenues are equal to total costs.Explanation: Break-even analysis…
Q: Financial Accounting Question Solution
A: Step 1:Question 1: The change in cash balance is calculated as follows: Change in cash balance =…
Q: Lawler Clothing sold manufacturing equipment for $20,000. Lawler originally purchased the equipment…
A: Concept of Book ValueBook value refers to the net value of an asset recorded in a company's…
Q: What is the direct labor cost variance on these general accounting question?
A: Direct Labor Cost Variance = (Actual Hours × Actual Rate) − (Actual Hours × Standard Rate)Direct…
Q: Please provide answer this general accounting question not use ai
A: Step 1: Define Target Sales in UnitsTarget Sales in Units refers to the number of units a company…
Q: What was her capital gains yield?
A: To calculate the capital gains yield, we only consider the price appreciation of the stock and…
Q: What is the direct labor efficiency variance?
A: Step 1: Define Direct Labor Efficiency VarianceThe labor efficiency variance measures the difference…
Q: Please solve this question
A: To calculate the delivery cycle time and the manufacturing cycle time, let's first understand the…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Inventory Turnover RatioInventory Turnover Ratio: This measures how many times…
Q: Correct Answer
A: Here is the detailed step-by-step solution to calculate Aster and Pepper Corp.'s EBIT for…
Q: Question 1. Pearl Leasing Company agrees to lease equipment to Martinez Corporation on January 1,…
A: The value of the lease liability at lease commencement is the present value of the lease payments.…
Q: ??!!
A: Explanation of LIFO (Last-In, First-Out): LIFO is an inventory valuation method where the most…
Q: Accounting question
A: Step 1: Identify the formulaStep 2: Substitute the given valuesStep 3: Calculate the market risk…
Q: General Accounting question
A: Accounts receivable turnover = Net credit sales / Average accounts receivableAverage accounts…
Q: Need help with this accounting questions
A: Preferred stock price = Annual dividend / Required rate of return Since the annual dividend is not…
Q: Please need answer the general accounting question
A: Step 1: Define Gain or Loss on Sale of AssetGain or loss on the sale of an asset is calculated as…
Q: Provide correct answer general Accounting question
A: Step 1: Define Gross Profit MarginThe gross profit margin is calculated on its income statement and…
Q: What is the rate of return on investment for division k ? General accounting
A: Step 1: Definition of Return on Investment (ROI)Return on Investment (ROI) measures the…
Q: Need help with this general accounting question
A: Step 1: Define Cash Paid for SalariesCash paid for salaries represents the actual cash disbursed to…
Q: Solve this financial accounting
A: Explanation of Net Realizable Value (NRV):The Net Realizable Value (NRV) is the estimated value of a…
Q: Please help
A: Step 1: Use the formula for Earnings per ShareStep 2: Calculate Earnings per ShareStep 3: Use the…
Q: General Accounting
A: To calculate the return, we need to find the previous day's closing value.Previous day's closing…
Q: Answer this accounting question
A: Step 1:Calculate the equivalent units from ending inventory as follows:Equivalent units from ending…
Q: Green Path Landscaping purchased equipment through a 5-year capital lease. Annual payments are…
A: To calculate the present value (PV) of the lease payments, use the following formula: PV = Annual…
Q: General accounting
A: Future SalesSales are expected to increase by 10%, so calculate the new (future) sales:Future Sales…
Q: Can you please answer the general accounting question?
A: Step 1:First calculate the total manufacturing overhead: Total estimated manufacturing overhead =…
Q: Hello tutor please provide this question solution general accounting
A: To find the average inventory, we can use the inventory turnover ratio formula: Inventory Turnover…
Q: General accounting
A: Step 1: Identify the formula for the price of preferred stockStep 2: Calculate the preferred…
Q: General Accounting
A: Step 1: Define Cost of Goods Manufactured (COGM)The Cost of Goods Manufactured (COGM) represents the…
Q: Can you please answer this financial accounting question?
A: Step 1: Define Effect of New System on ROAThe impact of the new system is calculated by considering…
Q: ???
A: Step 1: Definition of High-Low MethodThe high-low method is a cost accounting technique used to…
None
Step by step
Solved in 2 steps
- Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 245 Current liabilities Long-term debt 630 Other liabilities Equity $ 875 Required: a. What is the company's debt-equity ratio? (Hint: debt = Current liabilities, Long-term debt, and Other liabilities) Note: Round your answer to 2 decimal places. b. What is the ratio of total long-term debt to total long-term capital? Note: Round your answer to 2 decimal places. c. What is its net working capital? d. What is its current ratio? Note: Round your answer to 2 decimal places. $ 170 215 140 350 $ 875 a Debt-equity ratio b. Long-term debt-to-capital ratio c. Net working capital d. Current ratioConsider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 110 510 Net working capital $ 620 a. Debt-equity ratio b Long-term debt-to-capital ratio C. d. Current ratio a. What is the company's debt-equity ratio? (Round your answer to 2 decimal places.) b. What is the ratio of total long-term debt to total long-term capital? (Round your answer to 2 decimal places.) c. What is its net working capital? d. What is its current ratio? (Round your answer to 2 decimal places.) Current liabilities Long-term debt Other liabilities Equity $ 65 275 80 200 $ 620Consider this simplified balance sheet for Geomorph Trading: Current assets $ 120 Current liabilities $ 70 Long-term assets 520 Long-term debt 270 Other liabilities 90 Equity 210 $ 640 $ 640 Required: What is the company’s debt-equity ratio? Note: Round your answer to 2 decimal places.
- Exercise n°6. Consider this simplified balance sheet for Geomorph Trading: Current liabilities Long-term debt Other liabilities Equity Current assets $ 100 $ 60 Long-term assets 500 280 70 190 $ 600 $ 600 a. Calculate the ratio of debt to equity. (Round your answer to 2 decimal places.) b-1. What are Geomorph's net working capital and total long- term capital? b-2. Calculate the ratio of debt to total long-term capital. (Round your answer to 2 decimal places.) Exercise n°7. Magic Flutes has total receivables of $3,000, which represent 20 days' sales. Total assets are $75,000. The firm's operating profit margin is 5%. Assume a 365-day year. 3/4 a. What is the firm's sales-to-assets ratio? (Round your answer to 2 decimal places.) b. What is the firm's return on assets? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Exercise n°8. a. If a firm's assets of $10,000 represent 200 days' sales, what is its annual sales? Assume a 365-day…Consider this simplified balance sheet for Geomorph Trading: Current assets $ 350 Current liabilities $ 310 Long-term assets 700 Long-term debt 180 Other liabilities 70 Equity 490 $ 1,050 $ 1,050 Required: What is the company’s debt-equity ratio? Note: Round your answer to 2 decimal places. What is the ratio of total long-term debt to total long-term capital? Note: Round your answer to 2 decimal places. What is its net working capital? What is its current ratio?need the calculation for debt to assets ratio, debt equity ratio, long-term debt to equity and times interest earned ratio. CURRENT ASSETS Cash and cash equivalents $ 5,910 $ 5,238 Marketable securities 406 503 Accounts receivable 10,888 9,645 Less: Allowance for credit losses (138) (93) Accounts receivable, net 10,750 9,552 Assets held for sale 1,197 0 Other current assets 1,953 1,810 Total Current Assets 20,216 17,103 Property, Plant and Equipment, Net 32,254 30,482 Operating Lease, Right-of-Use Asset 3,073 2,856 Goodwill 3,367 3,813 Intangible Assets, Net 2,274 2,167 Investments and Restricted Cash 25 24 Deferred Income Tax Assets 527 330 Other Non-Current Assets 672 1,082 Total Assets 62,408 57,857 Current Liabilities: Current maturities of long-term debt, commercial paper and finance leases 2,623 3,420 Operating Lease, Liability, Current 560 538 Accounts payable 6,455 5,555 Accrued wages and withholdings 3,569 2,552…
- Compute the debt ratio from the data shown below: Balance Sheet (Millions of $) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock Retained earnings Total common equity Total liabilities and equity Income Statement (Millions of $) Net sales Operating costs except depreciation Depreciation Earnings bef interest and taxes (EBIT) 2007 $1,290 9,890 13,760 $24,940 $18,060 $43.000 $8,170 6,020 4.730 $18,920 $8,815 $27.735 $5,805 2.460 $15.265 $43,000 2007 $51.600 48,246 903 $2,451 Kwhat is the answer of a?Calculate the following for Co. XYZ: a. Current ratio b. Debt ratio Assets: Cash and marketable securities $400,000 Accounts receivable 1,415,000 Inventories 1,847,500 Prepaid expenses 24,000 Total current assets $3,686,500 Fixed assets 2,800,000 Less: accumulated depreciation 1,087,500 Net fixed assets $1,712,500 Total assets $5,399,000 Liabilities: Accounts payable $600,000 Notes payable 875,000 Accrued taxes Total current liabilities $1,567,000 Long-term debt 900,000 Owner's equity Total liabilities and owner's equity Co. XYZ Income Statement: Net sales (all credit) $6,375,000 Less: Cost of goods sold 4,375,000 Selling and administrative expense 1,000,500 Depreciation expense 135,000 Interest expense Earnings before taxes $765,000 Income taxes Net income Common stock dividends $230,000 Change in retained earnings