Give true answer Helton Corporation's balance sheet indicates that the companyhas $200,000 invested in operating assets. During 2014, Heltonearned an operating income of $53,000 on $360,000 of sales.a. Compute Helton's profit margin for 2014.b. Compute Helton's turnover for 2014.c. Compute Helton's return on investment for 2014.

Step 1: Introduction to ratio analysisRatio analysis is a method used to analyze financial…

Answered: Helton Corporation's balance sheet…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter16: Working Capital Policy And Short-term Financing

Section: Chapter Questions

Problem 1P

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Čardinal Industries had the following operating results for 2018: Sales = $34,621; Cost of goods sold Dividends paid = $2,023. At the beginning of the year, net fixed assets were $19,970, current assets were $7,075, and current liabilities were $4,01O. At the end of the year, net fixed assets were $24,529, current assets were $8,702, and current liabilities were $4,700. The tax rate for 2018 was 25 percent. $24,359; Depreciation expense = $6,027; Interest expense $2,725; %3D a. What is net income for 2018? (Do not round intermediate calculations.) b. What is the operating cash flow for 2018? (Do not round intermediate calculations.) c. What is the cash flow from assets for 2018? (Do not round intermediate calculations. A negative answer should be indicated by a minus sign.) d- If no new debt was issued during the year, what is the cash flow to creditors? (Do not 1. round intermediate calculations.) d- If no new debt was issued during the year, what is the cash flow to stockholders? (Do…
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The following balances were reported in the financial statements for Ruby Company. 2016 2015 Net Sales $1,650,000 $1,750,000 Net Income 170,000 205,000 Current Assets 410,000 535,000 Current Liabilities 170,000 210,000 Total Liabilities 500,000 675,000 Total Assets 1,550,000 2,450,000 Required: 1. Compute the following ratios for 2016 and 2015 for Ruby Company. a. Return on sales ratio b. Current ratio c. Debt-to-total-assets ratio
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Franklin Corporation's balance sheet indicates that the company has $570,000 invested in operating assets. During Year 2, Franklin earned operating income of $64,980 on $1,140,000 of sales. Required a. Compute Franklin's profit margin for Year 2. b. Compute Franklin's turnover for Year 2. c. Compute Franklin's return on investment for Year 2. d. Recompute Franklin's ROI under each of the following independent assumptions: (1) Sales increase from $1,140,000 to $1,368,000, thereby resulting in an increase in operating income from $64,980 to $82,080. (2) Sales remain constant, but Franklin reduces expenses, resulting in an increase in operating income from $64.980 to $67,260. (3) Franklin is able to reduce its invested capital from $570,000 to $456,000 without affecting operating income. Complete this question by entering your answers in the tabs below. Req A to C Req D Compute Franklin's profit margin, turnover and return on investment for Year 2. Note: Round "Profit margin" and "Return…
Swiss Group reports net income of $35,000 for the year. At the beginning of the year, Swiss Group had $186,000 in assets. By the end of the year, assets had grown to $236,000. What is Swiss Group's return on assets for the current year? Did Swiss Group perform better or worse than its competitors if competitors average an 12% return on assets? Complete this question by entering your answers in the tabs below. Return on Assets Group Perform Did Swiss Group perform better or worse than its competitors if competitors average an 12% return on assets? Did Swiss Group perform better or worse than its competitors if competitors average an 12% return on assets?

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