Fulton Enterprises provides the following information for the year 2024. Based on the given data, calculate the net income for 2024. • • Stockholders' Equity on January 1, 2024 = $180,000 Stockholders' Equity on December 31, 2024 = $230,000 Stockholders' investment during 2024 = $40,000 Dividends paid during 2024 = $50,000
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- Begin with the partial model in the file Ch02 P21 Build a Model.xlsx on the textbooks Web site. a. Using the financial statements shown here for Lan Chen Technologies, calculate net operating working capital, total net operating capital, net operating profit after taxes, free cash flow, and return on invested capital for 2020. The federal-plus-state tax rate is 25%. b. Assume there were 15 million shares outstanding at the end of 2019, the year-end closing stock price was 65 per share, and the after-tax cost of capital was 10%. Calculate EVA and MVA for 2020. Lan Chen Technologies: Income Statements for Year Ending December 31 (Millions of Dollars) Lan Chen Technologies: December 31 Balance Sheets (Thousands of Dollars)Please Just Do the letter I. Thank you.Suppose McDonald's 2025 financial statements contain the following selected data (in millions). Current assets $3,461.5 Interest expense $480.0 Total assets 30,250.0 Income taxes 1,942.0 Current liabilities 3,010.0 Net income 4,538.0 Total liabilities 16,637.5 (a1) Compute the following values. a. Working capital. (Round to 1 decimal place in millions, e.g. 5,275.5.) $ 451.5 millions b. Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) 1.15 :1 C. Debt to assets ratio. (Round to O decimal places, e.g. 62%.) 55 % d. Times interest earned. (Round to 2 decimal places, e.g. 6.25.) 14.50 times
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- A company has the following selected data ($ in millions): 2021 2020 Balance sheet data Total assets $ 3,500 $ 2,150 Total liabilities 1,650 1,000 Total stockholders' equity 1,850 1,150 Income statement data Sales $ 890 Interest expense 70 Tax expense 36 Net income 100 Based on these amounts, calculate the following ratios for the company in 2021: (Round your answers to 2 decimal places.) 1- debt to equity ratio: ______ 2-return on assets ratio: _____% 3- times interest earned ratio: _____timesUse the following information in the table below to answer the question: Blanc Blanc Financial Year ending 2018 2019 Market Price $33.17 $36.08 Total shares outstanding 5,000,000 5,000,000 Total shareholders' equity $63,000,000.00 $68,500,000.00 Net Income $6,940,402.49 $7,393,972.75 Based on the information given the Accounting Return on Equity for Blanc in 2019 is closest to: A. 7.60% О В. 11.25% О с. 3.50%Domestic
- Calculate the earnings per share (average of 420,000 shares outstanding for the year) for 2020. (Round answer to 2 decimal places, e.g. 2.55.) Earning per share $enter the earning per share in dollars rounded to 2 decimal places per share Matthias Medical manufactures hospital beds and other institutional furniture. The company’s comparative balance sheet and income statement for 2019 and 2020 follow. Matthias MedicalComparative Balance SheetAs of December 31 2020 2019 Assets Current assets Cash $397,220 $417,400 Accounts receivable, net 906,800 776,400 Inventory 743,000 681,000 Other current assets 381,300 247,000 Total current assets 2,428,320 2,121,800 Property, plant, & equipment, net 8,678,000 8,440,100 Total assets $11,106,320 $10,561,900 Liabilities and Stockholders’ Equity Current liabilities $2,934,700…What is the total stockholder's equity for this general accounting question?Give me correct answer this general accounting question
