Income Statement Balance Sheet Income Statement FY23 FY24 Sales 11,324,000,000 13,272,000,000 Cost of Goods Sold 5,096,000,000 5,973,000,000 Other Expenses 4,530,000,000 5,310,000,000 Depreciation 906,000,000 1,062,000,000 Earnings Before Int. & Tax 792,000,000 927,000,000 Interest Expense 453,000,000 531,000,000 Taxable Income 339,000,000 396,000,000 Taxes (25%) 84,750,000 99,000,000 254,250,000 297,000,000 Net Income Dividends Add. to Retained Earnings 254,250,000 297,000,000 Balance Sheet FY23 FY24 FY23 FY24 Current Assets Current Liabilities Cash 211,000,000 329,800,000 Accounts Payable 622,000,000 531,000,000 Accounts Receivable 508,000,000 626,800,000 Notes Payable 377,000,000 442,000,000 Total Current Inventory 41,000,000 100,400,000 999,000,000 973,000,000 Liabilities Total Current Assets 760,000,000 1,057,000,000 Long-Term Debt 16,618,000,000 17,498,000,000 Fixed Assets Net Plant & Equipment 20,157,000,000 21,891,000,000 Shareholder Equity Common Stock 2,000,000,000 2,880,000,000 Retained Earnings 1,300,000,000 1,597,000,000 Total Equity 3,300,000,000 4,477,000,000

Income Statement Balance Sheet Income Statement FY23 FY24 Sales 11,324,000,000 13,272,000,000 Cost of Goods Sold 5,096,000,000 5,973,000,000 Other Expenses 4,530,000,000 5,310,000,000 Depreciation 906,000,000 1,062,000,000 Earnings Before Int. & Tax 792,000,000 927,000,000 Interest Expense 453,000,000 531,000,000 Taxable Income 339,000,000 396,000,000 Taxes (25%) 84,750,000 99,000,000 254,250,000 297,000,000 Net Income Dividends Add. to Retained Earnings 254,250,000 297,000,000 Balance Sheet FY23 FY24 FY23 FY24 Current Assets Current Liabilities Cash 211,000,000 329,800,000 Accounts Payable 622,000,000 531,000,000 Accounts Receivable 508,000,000 626,800,000 Notes Payable 377,000,000 442,000,000 Total Current Inventory 41,000,000 100,400,000 999,000,000 973,000,000 Liabilities Total Current Assets 760,000,000 1,057,000,000 Long-Term Debt 16,618,000,000 17,498,000,000 Fixed Assets Net Plant & Equipment 20,157,000,000 21,891,000,000 Shareholder Equity Common Stock 2,000,000,000 2,880,000,000 Retained Earnings 1,300,000,000 1,597,000,000 Total Equity 3,300,000,000 4,477,000,000

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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SalesOperating costs (excluding depreciation and amortization) EBITDADepreciation and amortization Earnings before interest and taxes Interest Earnings before taxesTaxes (40%)Net income available to common stockholders Common dividendsSEBRINGCORPORATION: BALANCESHEETSFORYEARENDINGDECEMBER31 (FIGURES ARE STATED IN MILLIONS) Assets: Cash and marketable securities Accounts receivableInventories Total current assets Gross Fixed Assets Less DepreciationNet plant and equipment Total assets 2005 2004 $3,600.0 $3,000.0 $3,060.0 $2,550.0 $540.0 $450.0 90.0 75.0 $450.0 $375.0 65.0 60.0 $385.0 $315.0 154.0 126.0 $231.0 $189.0 $15.0 $13.0 2005 2004 $ 36.00 $ 30.00 $ 340.00 $ 250.00 $ 457.00 $ 351.00 $ 833.00 $ 631.00 $ 1,065.00 $ 825.00 $ (165.00) $ (75.00) $ 900.00 $ 750.00 $ 1,733.00 $ 1,381.00 $ 324.00 $ 270.00 $ 201.00 $ 155.00 $ 216.00 $ 180.00 $ 741.00 $ 605.00 $ 450.00 $ 450.00 $ 1,191.00 $ 1,055.00 $ 150.00 $ 150.00 $ 392.00 $ 176.00 $ 542.00 $ 326.00 $ 1,733.00 $ 1,381.00…
Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes. Income tax expense Net income Assets Current assets Long-term investments Plant assets, net Total assets Sin Comparative Income Statements For Years Ended December 31 2021 $ 420,027 252,856 167,171 59,644 37,802 97,446 69,725 12,969 $ 56,756 Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity Assets Current assets Long-term investments Plant assets, net. Total assets Liabilities and Equity Current liabaties Common stock Other paid-in capital Retained earnings Total liabilities and equity 2020 $ 321,775 202,718 KORBIN COMPANY Comparative Balance Sheets December 31 2021 119,057 44,405 28,316 72,721 46,336 9,499 $ 36,837 $ 55,286 0 102,674 $ 157,960 2020 3. Complete the below table to calculate the balance sheet data in trend percents with 2019 as answers to 2 decimal places.) 111.77 % 0.00 $ 37,003 700…
Harlan Mining Co. has recently decided to go public and has hired you as an independent CPA. One statement that the enterprise is anxious to have prepared is a statement of cash flows. Financial statements for 2025 are provided below. Cash COMPARATIVE BALANCE SHEETS Accounts receivable Inventory Property, plant, and equipment Less accumulated depreciation Accounts payable Income taxes payable Bonds payable Common stock Retained earnings 12/31/25 $608000 (320000) $408000 360000 384000 288000 $1440000 $176000 352000 360000 216000 336000 $1440000 INCOME STATEMENT For the Year Ended December 31, 2025 12/31/24 $960000 (304000) $192000 216000 480000 656000 $1544000 $96000 392000 600000 216000 240000 $1544000
Harlan Mining Co. has recently decided to go public and has hired you as an independent CPA. One statement that the enterprise is anxious to have prepared is a statement of cash flows. Financial statements for 2025 are provided below. Cash Accounts receivable Inventory Property, plant, and equipment Less accumulated depreciation Accounts payable Income taxes payable Bonds payable Common stock Retained earnings COMPARATIVE BALANCE SHEETS 12/31/25 Sales revenue $608000 (320000) $408000 360000 384000 288000 $1440000 $176000 352000 360000 216000 336000 $1440000 INCOME STATEMENT For the Year Ended December 31, 2025 12/31/24 $960000 (304000) $8400000 $192000 216000 480000 656000 $1544000 $96000 392000 600000 216000 240000 $1544000
Income Statement Balance Sheet Balance Sheet FY23 FY24 FY23 FY24 Current Assets Current Liabilities Cash 211,000,000 328,600,000 Accounts Payable 621,000,000 532,000,000 Accounts Receivable 502,000,000 619,600,000 Notes Payable 376,000,000 440,000,000 Total Current Inventory 41,000,000 99,800,000 997,000,000 972,000,000 Liabilities Total Current Assets 754,000,000 1,048,000,000 Long-Term Debt 16,523,000,000 17,377,000,000 Fixed Assets Net Plant & Equipment 20,031,000,000 21,714,000,000 Shareholder Equity Common Stock 2,000,000,000 2,854,000,000 Retained Earnings 1,265,000,000 1,559,000,000 Total Equity 3,265,000,000 4,413,000,000
ff1
Compare the Solvency, Liquidity and Profitability for the two companies
please answer do not image format
Using the financial data for Key Wahl Industries Sales Net Profit After Tax Total Assets Total Liabilities O.50 02 O.75 $4,500,000 What is the debt ratio? O.075 $337,5000 $6,750,000 $ 3,375,000
ACCOUNTING ASAP Assume the following data: EBIT = 100; Depreciation = 40; Interest = 20; Dividends = 10. Calculate the cash coverage ratio. Select one: a. 7.0x b. 4.7x c. 14.0x d. 5.0x
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Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Total assets Total stockholders' equity Current liabilities Target Corporation Income Statement Data for Year $65,357 45,583 15,101 707 (94) 1,384 $ 2,488 $18,424 26,109 Balance Sheet Data (End of Year) $44,533 $11,327 17,859 15,347 Walmart Inc. $44,533 $408,214 304,657 79,607 10,512 2,065 (411) 7,139 $ 14,335 $48,331 122,375 $170,706 $55,561 44,089 71,056 $170,706 Beginning-of-Year Balances $44,106 13,712 $163,429 65,682 55,390

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