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M2). i need to do a cash flow statement+ current ratio debt, debt-to-equity ratio , operating cycle and price earnings ratio.

M2). i need to do a cash flow statement+ current ratio debt, debt-to-equity ratio , operating cycle and price earnings ratio.

FINANCIAL ACCOUNTING
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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M2).

i need to do a cash flow statement+ current ratio debt, debt-to-equity ratio , operating cycle and price earnings ratio.

Martisa Inc. was organized on February 1, 2019, by two friends to provide construction services to small businesses. At the end of the 2023, they provide you with its Balance sheet and income statement (in millions) to prepare the cash-flow statement and apply a financial analysis. Assets BALANCE SHEET Current assets Cash and cash equivalents Short term investments Accounts receivable, net Inventory Prepaid expenses Non-Current assets Property, plant, and equipment Accumulated depreciation on PPE Intangible assets Accumulated impairments on Intangibles Other non current assets Accumulated Amortization on Other NCA Long term investments Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Deferred revenue Costumer deposits Income taxes payable Long-term liabilities: Bonds payable Other long term liabilities Stockholders' equity: Preferred stock Common stock Additional paid-in capital Retained earnings Selling Price Depreciation expense Original Cost Net Gain/loss 2023 2022 784,00 802,00 430,00 459,00 12,00 44,00 46,00 33,00 222,00 132,00 132,00 243,00 18,00 7,00 354,00 343,00 520,00 497,00 330,00 313,00 128,00 106,00 33,00 20,00 74,00 60,00 38,00 16,00 33,00 29,00 784,00 802,00 234,00 223,00 25,00 55,00 123,00 23,00 25,00 41,00 37,00 52,00 24,00 52,00 250,00 272,00 228,00 236,00 22,00 36,00 300,00 307,00 0,25 0,25 1,75 0,75 256,00 218,00 42,00 88,00 Sales Cost of goods sold Gross margin Selling and administrative expenses: Net operating income Non-operating items Gain on sale of investments INCOME STATEMENT 2 Loss on sale of equipment Net income before interest expenses and income taxes Interest expenses Net income before income taxes Income taxes Net income 13 13 -11 2023 1 532,00 964,00 568,00 414,00 154,00 20,00 36,00 -16,00 174,00 12,00 162,00 60,00 102,00 Additional information • The company issued 33,000 bonds for $1,000 per bond. • In PPE the company purchased some items for $2 million less than their value in the balance sheet. . The income tax rate was 30.25% • The market value of the company's common stock at the end of this year is 20% above its book value. Information related to Sales of Non-Current Assets (in millions) Property, Plant and Equipment Long-term Investments Intangibles Other non-current assets 14 38 9 1 50 12 15 55 23 14 5 11 -5 9 27 • Sales on cash are 30 % of total sales • The company paid a cash dividend this year • The par value of the common stock is $0.01 and the additional paid-in capital per share is $1.463 on 2023.
Transcribed Image Text:Martisa Inc. was organized on February 1, 2019, by two friends to provide construction services to small businesses. At the end of the 2023, they provide you with its Balance sheet and income statement (in millions) to prepare the cash-flow statement and apply a financial analysis. Assets BALANCE SHEET Current assets Cash and cash equivalents Short term investments Accounts receivable, net Inventory Prepaid expenses Non-Current assets Property, plant, and equipment Accumulated depreciation on PPE Intangible assets Accumulated impairments on Intangibles Other non current assets Accumulated Amortization on Other NCA Long term investments Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Deferred revenue Costumer deposits Income taxes payable Long-term liabilities: Bonds payable Other long term liabilities Stockholders' equity: Preferred stock Common stock Additional paid-in capital Retained earnings Selling Price Depreciation expense Original Cost Net Gain/loss 2023 2022 784,00 802,00 430,00 459,00 12,00 44,00 46,00 33,00 222,00 132,00 132,00 243,00 18,00 7,00 354,00 343,00 520,00 497,00 330,00 313,00 128,00 106,00 33,00 20,00 74,00 60,00 38,00 16,00 33,00 29,00 784,00 802,00 234,00 223,00 25,00 55,00 123,00 23,00 25,00 41,00 37,00 52,00 24,00 52,00 250,00 272,00 228,00 236,00 22,00 36,00 300,00 307,00 0,25 0,25 1,75 0,75 256,00 218,00 42,00 88,00 Sales Cost of goods sold Gross margin Selling and administrative expenses: Net operating income Non-operating items Gain on sale of investments INCOME STATEMENT 2 Loss on sale of equipment Net income before interest expenses and income taxes Interest expenses Net income before income taxes Income taxes Net income 13 13 -11 2023 1 532,00 964,00 568,00 414,00 154,00 20,00 36,00 -16,00 174,00 12,00 162,00 60,00 102,00 Additional information • The company issued 33,000 bonds for $1,000 per bond. • In PPE the company purchased some items for $2 million less than their value in the balance sheet. . The income tax rate was 30.25% • The market value of the company's common stock at the end of this year is 20% above its book value. Information related to Sales of Non-Current Assets (in millions) Property, Plant and Equipment Long-term Investments Intangibles Other non-current assets 14 38 9 1 50 12 15 55 23 14 5 11 -5 9 27 • Sales on cash are 30 % of total sales • The company paid a cash dividend this year • The par value of the common stock is $0.01 and the additional paid-in capital per share is $1.463 on 2023.
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