I have the first 4 down Working capital value : 2,790,000 Current Ratio value: 4.1 Quick Ratio value: 2.5 Accounts Receivable value: 16 I need help with 5-18 please please please i need all the help i can get please please pleaseeee

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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I have the first 4 down Working capital value : 2,790,000 Current Ratio value: 4.1 Quick Ratio value: 2.5 Accounts Receivable value: 16 I need help with 5-18 please please please i need all the help i can get please please pleaseeee
**Stargel Inc. Financial Statements Overview for Educational Purposes**

**Comparative Income Statement for the Years Ended December 31, 20Y2 and 20Y1**

- **Sales:**
  - 20Y2: $10,000,000
  - 20Y1: $9,400,000

- **Cost of Goods Sold:**
  - 20Y2: $5,350,000
  - 20Y1: $4,950,000

- **Gross Profit:**
  - 20Y2: $4,650,000
  - 20Y1: $4,450,000

- **Expenses:**
  - Selling Expenses (20Y2: $1,800,000; 20Y1: $1,880,000)
  - Administrative Expenses (20Y2: $1,500,000; 20Y1: $1,410,000)
  - Total Operating Expenses (20Y2: $3,300,000; 20Y1: $3,290,000)

- **Income from Operations:**
  - 20Y2: $1,350,000
  - 20Y1: $1,160,000

- **Other Income and Expenses:**
  - Other Income (20Y2: $0; 20Y1: $0)
  - Other Expense (interest) (20Y2: $200,000; 20Y1: $210,000)

- **Income Before Income Tax:**
  - 20Y2: $1,150,000
  - 20Y1: $1,150,000

- **Income Tax Expense:**
  - 20Y2: $230,000
  - 20Y1: $225,000

- **Net Income:**
  - 20Y2: $900,000
  - 20Y1: $925,000

**Comparative Balance Sheet as of December 31, 20Y2 and 20Y1**

**Assets**

- **Current Assets:**
  - Cash (20Y2: $500,000; 20Y1: $400,000)
  - Marketable Securities (20Y2: $1,010,000; 20Y1: $1,000,000)
Transcribed Image Text:**Stargel Inc. Financial Statements Overview for Educational Purposes** **Comparative Income Statement for the Years Ended December 31, 20Y2 and 20Y1** - **Sales:** - 20Y2: $10,000,000 - 20Y1: $9,400,000 - **Cost of Goods Sold:** - 20Y2: $5,350,000 - 20Y1: $4,950,000 - **Gross Profit:** - 20Y2: $4,650,000 - 20Y1: $4,450,000 - **Expenses:** - Selling Expenses (20Y2: $1,800,000; 20Y1: $1,880,000) - Administrative Expenses (20Y2: $1,500,000; 20Y1: $1,410,000) - Total Operating Expenses (20Y2: $3,300,000; 20Y1: $3,290,000) - **Income from Operations:** - 20Y2: $1,350,000 - 20Y1: $1,160,000 - **Other Income and Expenses:** - Other Income (20Y2: $0; 20Y1: $0) - Other Expense (interest) (20Y2: $200,000; 20Y1: $210,000) - **Income Before Income Tax:** - 20Y2: $1,150,000 - 20Y1: $1,150,000 - **Income Tax Expense:** - 20Y2: $230,000 - 20Y1: $225,000 - **Net Income:** - 20Y2: $900,000 - 20Y1: $925,000 **Comparative Balance Sheet as of December 31, 20Y2 and 20Y1** **Assets** - **Current Assets:** - Cash (20Y2: $500,000; 20Y1: $400,000) - Marketable Securities (20Y2: $1,010,000; 20Y1: $1,000,000)
**Instructions for Financial Analysis**

Determine the following financial measures for the year 20Y2. Round each value to one decimal place, including percentages, except for per-share amounts:

1. Working Capital
2. Current Ratio
3. Quick Ratio
4. Accounts Receivable Turnover
5. Number of Days' Sales in Receivables
6. Inventory Turnover
7. Number of Days' Sales in Inventory
8. Ratio of Fixed Assets to Long-Term Liabilities
9. Ratio of Liabilities to Stockholders' Equity
10. Times Interest Earned
11. Asset Turnover
12. Return on Total Assets
13. Return on Stockholders' Equity
14. Return on Common Stockholders' Equity
15. Earnings per Share on Common Stock
16. Price-Earnings Ratio
17. Dividends per Share of Common Stock
18. Dividend Yield

*Note: If you need further assistance with these calculations, please feel free to reach out for help.*
Transcribed Image Text:**Instructions for Financial Analysis** Determine the following financial measures for the year 20Y2. Round each value to one decimal place, including percentages, except for per-share amounts: 1. Working Capital 2. Current Ratio 3. Quick Ratio 4. Accounts Receivable Turnover 5. Number of Days' Sales in Receivables 6. Inventory Turnover 7. Number of Days' Sales in Inventory 8. Ratio of Fixed Assets to Long-Term Liabilities 9. Ratio of Liabilities to Stockholders' Equity 10. Times Interest Earned 11. Asset Turnover 12. Return on Total Assets 13. Return on Stockholders' Equity 14. Return on Common Stockholders' Equity 15. Earnings per Share on Common Stock 16. Price-Earnings Ratio 17. Dividends per Share of Common Stock 18. Dividend Yield *Note: If you need further assistance with these calculations, please feel free to reach out for help.*
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