w/ ル 16 AaBbCcDc AaBbCcDc AABBCC AABBCCC A 1 Normal 1 No Spac... Heading 1 Heading 2 , 三 Paragraph Styles The appropriate ratios for the company. 2018 2017 current ratio = 4.26470 4.82510 acid test ratio = 1.18602 1.43199 %3D days sales uncollected = net profit margin = 8.29954 1.87842 1.26872 gross profit margin debt to equity ratio = = 9.78681 8.15187 0.38634 0.38720 debt ratio = 0.62956 0.63186 equity ratio = 0.37044 0.36814 interest coverage ratio 6.50636 The Plan The Company is considering opening a new store. The directors of the company have contracted op nou an assessment of the financial performance of the company over the two (2) year period 2017 to 2018. Required: 1. Write a report to the Board of Directors on the performance of the company over the two years, highlighting areas of concern. 2. Would you recommend the opening of a new store? X. Ed 27° acer

w/ ル 16 AaBbCcDc AaBbCcDc AABBCC AABBCCC A 1 Normal 1 No Spac... Heading 1 Heading 2 , 三 Paragraph Styles The appropriate ratios for the company. 2018 2017 current ratio = 4.26470 4.82510 acid test ratio = 1.18602 1.43199 %3D days sales uncollected = net profit margin = 8.29954 1.87842 1.26872 gross profit margin debt to equity ratio = = 9.78681 8.15187 0.38634 0.38720 debt ratio = 0.62956 0.63186 equity ratio = 0.37044 0.36814 interest coverage ratio 6.50636 The Plan The Company is considering opening a new store. The directors of the company have contracted op nou an assessment of the financial performance of the company over the two (2) year period 2017 to 2018. Required: 1. Write a report to the Board of Directors on the performance of the company over the two years, highlighting areas of concern. 2. Would you recommend the opening of a new store? X. Ed 27° acer

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Description: w/ル 16AaBbCcDc AaBbCcDc AABBCC AABBCCC A1 Normal1 No Spac... Heading 1Heading 2, 三ParagraphStylesThe appropriate ratios for the company.20182017current ratio =4.264704.82510acid test ratio =1.186021.43199%3Ddays sales uncollected =net profit margin

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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calculate common size INCOME STATEMENT 2021 2022 Total sales Cost of goods sold Administrative expense $70,911,420 $48,113,332 $13,785,239 $85,218,840 57,181,806 16,873,362 Earnings before interest, taxes, depreciation & amortization (EBITDA) Depreciation Earnings before interest & taxes.(EBIT) Interest expense Earnings Before Taxes (EBT) 9,012,849 11,163,672 2,027,160 9,136,512 1,700,510 7,312,339 1,390,284 1,603,312 5,922,055 7,533,200 Taxes Net Income Dividends Additions to Reta!ned Earnings 1,243,632 4,678,423 1,169,606 1,581,972 5,951,228 1,487,807 4,463,421 3,508,818 Global Manufacturing, Inc. BALANCE SHEET 2021 2022 ASSETS Cash Accounts recelvable Inventory Total Current Assets Net Fixed Assets $2,836,450 8,509,350 20,351,550 $1,851,754 $10,262,510 $23,144,820 35,259,084 $27,826,540 $63,085,624 31,697,350 22,975,245 $54,672,595 TOTAL ASSETS LIABILITIES & STOCKHOLDER'S EQUITY $7,151,072 10,094,260 17,245,332 12,783,245 30,028,577 2,040,000 31,017,047 33,057.047 Accounts payable…
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Exercise 11-19 (Algo) Computing and interpreting times interest earned LO A1 Use the following information from separate companies a through d Net Income (Loss) Interest Expense Income Taxes a. $ 172,000 $ 82,560 $ 43,000 b. C. 166,600 31,654 59,976 146,200 42,398 d. 175,100 7,004 61,404 84,048 Compute times interest earned. Which company indicates the strongest ability to pay interest expense as it comes due? Complete this question by entering your answers in the tabs below. Times Interest Earned Ratio Interest Coverage Compute times interest earned. Times Interest Earned Ratio Company Choose Numerator: Choose Denominator: = 11 Ratio I a I = times b C d 1 = times 1 = times = times
Da
Q 2 Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.5 X Days sales outstanding: 36.5 days (Calculation is based on a 365-day year) Inventory turnover ratio: 5 X Fixed assets turnover: 3.0 X Current ratio: 2.0 X Gross profit margin on sales: (Sales - Cost of goods sold) ∕ Sales = 25% Cash ------------ Current Liabilities -------- Accounts Receivables ------------ Long Term Liabilities 60000 Inventories ------------ Common Stock -------- Fixed Assets ------------ Retained Earnings 97500 Total Assets 300000 Total Liabilities and Equity --------- Sales Cost of goods sold ---------
Requirement Number 11, 15 and 16
Exercise 13-4 Computing and interpreting common-size percents P2 Compute common-size percents for the following comparative income statements (round percents to one decimal). Using the common-size percents, which item is most responsible for the decline in net income? GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Yr Prior Yr Sales $740,000 $625,000 Cost of goods sold 560,300 290,800 Gross profit Operating expenses Net income 179,700 128,200 $ 51,500 334,200 218,500 $115,700
financial management ch 17 hw please show work, thank you. question 3
r=&inprogress=false Ch09 200A eBook Calculator Instructions: 1. Prepare a comparative income statement with horizontal analysis for the two-year period, using 20Y2 as the base year. Enter decreases as negative amounts and negative percentages. Round percentage chang to one decimal place. Greyhound Technology Company Comparative Income Statement For the Years Ended December 31, 20Y3 and 20Y2 Increase (Decrease) Increase (Decrease) 20Υ3 20Υ2 Amount Percent Sales $636,292 $541,000 $ Cost of goods sold (462,400) (340,000) % Gross profit $173,892 $201,000 $ Selling expenses $(66,700) $(46,000) $ Administrative expenses (38,400) (29,000) Total operating expenses $(105,100) $(75,000) $ Income from operations $68,792 $126,000 $ Other income 2,880 2,300 % Income before income tax $71,672 $128,300 $ % Income tax expense (20,100) (38,500) Net income $51,572 $89,800 $ % Previous Next Check My Work All work saved. Email Instructor Save and Exit Submit Assignment for Grading Assignment Score: 17.31%…
fx 10% C E F GH Exercise 7-The following are excerpts from Your Co's financial statements. Your Co. 2019 1,080.00 $ 500.00 320.00 2018 2017 Net Sales COGS Other Expenses Cash A/R Inventory Prepaid Insurance Total Assets 960.00 $ 880.00 460.00 280.00 100.00 120.00 440.00 240.00 40.00 140.00 80.00 160.00 200.00 20.00 180.00 180.00 40.00 40.00 400.00 460.00 440.00 a) Perform horizontal analysis below, using 2017 as the base year (100%). 2019 2018 2017 Net Sales 122.7% 109.1% 100.0% 100.0% 100.0% COGS 454.5% 104.5% Other Expenses 133.3% 116.7% b) Perform vertical analysis below, using total assets as the base. 2019 2018 2017 Cash 17.4% 22.0% 10.0% A/R Inventory Prepaid Insurance Total Assets 35.0% 27.0% 35.0% 43.0% 41.0% 45.0% 96.0% 9.0% 10.0% хх X X X 1-4 DQ Ready
2016 2017 2018 2019 700 | £ 1. What this ratio tells us about? Number of days of payables (purch.) Accounts payable 695 690 |£ 685 Purchase on credit /365 10 11 2. Do you like the situation in this company? 87.50 days 77.22 days 69.00 days 62.27 days 3. What are your recommendationd to improve the situation?
)) 18% O, Tue 2:47 PM A edugen.wileyplus.com WileyPLUS: MyWlleyPLUS | Help | Contact Us | Log Ou Weygandt, Accounting Principles, 13e FINANCIAL/MANAGERIAL ACCOUNTING (ACC 124/125/201/202 CALCULATOR STANDARD VIEW PRINTER VERSION 1 BACK NEXT Exercise 9-14 Vandiver Company had the following select transactions. Apr. 1, 2020 Accepted Goodwin Company's 12-month, 6% note in settlement of a $30,000 account receivable. July 1, 2020 Loaned $25,000 cash to Thomas Slocombe on a 9-month, 10% note. Dec. 31, 2020 Accrued interest on all notes receivable. Apr. 1, 2021 Received principal plus interest on the Goodwin note. Apr. 1, 2021 Thomas Slocombe dishonored its note; Vandiver expects it will eventually collect. Prepare journal entries to record the transactions. Vandiver prepares adjusting entries once a year on December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account…

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