In 2014, The W D Co. had total liabilities of $22,704 million and total assets of $43,679 million. In 2013, they had total liabilities of $21,990 million and total assets of $41,378 million. Calculate their debt to equity ratio for 2014 and 2013, respectively. a) 0.48 and 0.47 b) 0.52 and 0.53 c) 0.92 and 0.88 d) 1.08 and 1.13
Q: Using your knowledge from other business courses (e.g., Economics, Management, Marketing and…
A: Acquisition refers to an activity or a practice in which an investor or business entity purchases a…
Q: 1. The hotel management asked you if they should look only at internal candidates who are parent…
A: Recruitment is an important function of the HRM of the organization. An effective recruitment…
Q: 115) The owners of a publicly traded company are: a) Members of the board of directors b) Bond…
A: A corporation that has listed itself on at least one public stock exchange and offered securities to…
Q: Last year, Archer electronics reported revenues of $34 million while itsntotal expenses were $10…
A: Formula to be used; Profit = Revenue - Expenses
Q: 1.1ProvidearesearchedexampleofanothercompanyintheSouthAfrican manufacturing industry that did not…
A: Reference King IV Report on Corporate Governance for South Africa:Institute of Directors in Southern…
Q: Shares Ronaldo and Messi have the following historical returns: Year 2016 2017 Share Ronaldo Returns…
A: I'll figure out each share's standard deviation of returns over the course of the five years to find…
Q: Fiddelsticks Ltd is an entertainment company. It organises live events. The company's revenue comes…
A: Non-executive director are those type of directors who are not responsible for day to day management…
Q: Calculate xyz company's total asset's liab
A: Given, Liability= $45000 + $56000 = $101000 Equity= $50000 + $49000 = $99000 Total asset = Liability…
Q: b. Identify five (5) ways that Howard Millard could attract the capital he needs for his business.
A: The first and most straightforward way for Howard Millard to attract capital for his business is…
Q: Explain Procter & Gamble (P&G) partnership.
A: A partnership can be defined as a business in which more than one individual is involved and all of…
Q: Prema purchased 33 ounces of gold in 2005 for $392 per ounce in order to try to diversify her…
A: 1/3rd of holding was sold in 2009. 1/3rd of 33 ounces means = 1/3*33 = 11 ounces. Rest holdings =…
Q: White Memorial Hospital has a debt-to-equity ratio of 0.67.
A: debt-to-equity ratio=debt/equity Hence debt=0.67equity Let equity be $x Hence debt=$0.67x Total…
Q: provide the answer of this question
A:
Q: Assume you bought 100 shares of AZB on 21 January 2019 at $50.00 per share and sold it on 21 January…
A: The overall return from owning an asset or portfolio of assets over a particular amount of time,…
Q: S18-13 Use the financial statements of Bastion Computer Corp., plus the following item (in…
A: Step 1:Figures are in millions1) Earning per share = Net profit / Total shares outstanding (= $3.6 /…
Q: Globex Corp. has 1000 shareholders as of 31 Dec 2019. On that date Globex Corp released its…
A: Globex Corp. 31 Dec 2019 1000 Shareholders (Assuming each holding one share) - Existing or old…
Q: Pluto Constructions Pty Ltd is a high-profile builder in the inner eastern suburbs of Melbourne. It…
A: The first part of the question is asking whether Reece Supplies Ltd is liable to pay the balance of…
Q: in what ways does the Rapanui division advantage or disadvantage Teemill’s revenue model and what…
A: Teemil is a platform that allows you to build your own online store and sell online T-shirt designs.…
Q: UOB Limited (“UOB”) operates in the banking industry and has a market capitalization of about S$52…
A: In the given scenario, UOB Limited, a banking corporation with a market capitalization of about S$52…
Q: None
A: You don't include any needed requirement. If you have more questions and concerns, kindly send a…
In 2014, The W D Co. had total liabilities of $22,704 million and total assets of $43,679 million. In 2013, they had total liabilities of $21,990 million and total assets of $41,378 million. Calculate their debt to equity ratio for 2014 and 2013, respectively. a) 0.48 and 0.47 b) 0.52 and 0.53 c) 0.92 and 0.88 d) 1.08 and 1.13
Step by step
Solved in 2 steps
- View Policies Show Attempt History Current Attempt in Progress Sheridan Company sold $2,400,000, 7%, 10-year bonds on January 1, 2022. The bonds were dated January 1, 2022 and pay interes annually on January 1. Sheridan Company uses the straight-line method to amortize bond premium or discount. (a) (b) ง Your answer is partially correct. Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2022, assuming that the bonds are sold at 99. (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 Titles and Explanation Jan. 1, 2022 Cash Discount on Bonds Payable Bonds Payable Dec. 31, 2022 Interest Expense eTextbook and Media Discount on Bonds Payable Interest Payable Debit 2,367,000 165,600 2,400 CreNetwork One is expected to pay a dividend $2.40 at the end of the year. If the company has a requried rate of return of 11%, and constant growth rate of 4%, what is the current stock price ? Answer should be between 16.80 and 67.50.Frank, the owner of Furniture Frenzy, received notifications from a collection agency that bills have gone unpaid. Frank reviewed the financial history and didn’t see any errors in payment. After investigating further, Frank found out that the accounts payable department was behind on paperwork, which led to late payments. How would you advise Frank to move forward? What business strategies should Frank put in place to avoid this situation in the future?
- What is the ROE for a firm with a times interest earned ratio of 2, a tax liability of $1 million, and interest expense of $1.5 million if equity equals $1.5 million? A. 26.67% B. 30.00% C. 33.33% D. 50.00% Wizard Co. is considering a project that will require $650,000 in assets. The project will be financed with 100% equity. The company faces a tax rate of 40%. What will be the ROE (return on equity) for this project if it produces an EBIT of -$40,000? When calculating the tax effects, assume that Wizard Co. as a whole will have a large, positive income this year. O - 3.0% O-3.7% O-4.4% 0 -3.1%Sapphire Sapphire PLC (Sapphire) is a listed company on the London Stock Exchange and as such is required to apply the UK Corporate Governance Code (2018). The majority of shares in Sapphire are owned by Bob Diamond who is also the Chief Executive of Sapphire. However, 40% of shares are owned by other investors, including institutional investors. Bob has made no secret of his desire to sell all his shares within the next five years and retire ‘to a desert island’. Sapphire has an audit committee but no other Board level committees as Bob doesn’t consider them necessary to run ‘his company’. He determines the remuneration packages for all the executive directors and senior management including himself. The constitution and membership of a Sapphire’s audit committee is as follows: • Member A – Chair of the Committee who, before retirement two years ago was the Finance Director of the company • Member B – An independent member with no financial experience who joined the committee one year…Answer the following questions: What might the loss tell you about Richard? Do you think I should have met privately with Richard? Why? Complete the introductory section of the financial plan.
- Don't use chatgpt, I will 5 upvotes Manning Company issued 10,000 shares of its no-par common stock having a fair value of $30 per share and 15,000 shares of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $700,000. How much of the proceeds would be allocated to the common stock? a) $300,000 b) $350,000 c) $225,000 d) $200,000UpppppppGross profit from following income statement
- The following data apply to Bright-Side Condos Ltd. (millions of dollars): Cash and Marketable Securities Fixed Assets $100 $283.50 Sales $1,000.0 Net Income $50.00 Quick Ratio 2.0X Current Ratio 3.0X Days Sales Outstanding 40 days Return On Equity 12% Compute the company’s (1) accounts receivable (2) current liabilities (3) current assets, (4) total assets, (5) Return On Assets, (6) common equity, and (7) long-term debt.calcuate and Evaluate each ratio you calculated. Did Urban Outfitters’s financial performance improve, weaken, or remain about the same from 2018 to 2019. a) Return on assets b) Long-term debt-to-equity ratio c) Days of inventory d) Inventory turnover ratio e) Average collection periodContribution Income Statement and Operating Leverage Willamette Valley Fruit Company started as a small cannery-style operation in 1999. The company now processes, on average. 20 million pounds of berries each year. Flash-frozen berries are sold in 30 pound packs to retailers. Assume 650.000 packs were sold for $75 each last year. Variable costs were $42 per pack and fixed costs totaled $14,250,000. (a) Prepare a contribution income statement for the year ended December 31. HINT: Use a negative sign with both "costs" answers. WILLAMETTE VALLEY FRUIT COMPANY Contribution Income Statement For the Year Ended December 31 Sales Variable costs 48.750 x 27,300 x Contribution margin 21,450 x Fixed costs Net income 14,250 x 7,200 x (b) Determine the company's operating leverage. (Round your answer to two decimal places.) 2.98 (c) Calculate the percentage change in profits if sales decrease by 10 percent. (Round your answer to one decimal place.) % decrease 29.8 (d) Management is considering the…