Please make solve part (d to f)
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Please make solve part (d to f)
![During
earned a gOs
2017, the Compainy
$900,00
the
gross prepit
on Sales of .
Receivable inventory and
relaitively
す
$1:500,0000. Accounts
plant asset
remained Constant _durirg
the year . Fxom this
compute the Dellaving:-
inpormation
Current RaTio
Acid Test Ratio
Debt Ratio
Eqjui ty Ratio
Accounts Receivable
Inventory tusn over
Days in Operating Cycle
Book Value
Turn Over
per
Share.
Net Credit Sales for the year
$ 1ş00,000 and Cost af goods sdd
for the year is $900,000
is
Required-
Prepare a classiried balame
Sheet in' good m
ied balance
Yay Compuiting
missing values.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F976fc7f7-ecd4-4def-ae81-0a59752fe6a1%2Fab2ffb20-17e8-4942-9dc5-1407dfca9af1%2Fe8pgfxh_processed.jpeg&w=3840&q=75)
![QAnalysis
of Financial Statement:.
The Balance Sheet
of
Decent Limiled
on December 131, 2017
Assets
$60,000
Cash
Marketable Securities
Account seceivable
Merchandise inventory
Land
OFFICE equiment (Net)
90,000
150,000
100,000
250,000
350,000
Total Assets
$1,000,000
Equites
Noles payable
Reat payable
Accounts payable
Bonds payable
Share Capital ($10)
Share premium
Retained Earnings
General Reservě
9 90,000
60,000
So,000
100,000
400,000
100,000
150,000
50,000
Total Equities
$1,000,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F976fc7f7-ecd4-4def-ae81-0a59752fe6a1%2Fab2ffb20-17e8-4942-9dc5-1407dfca9af1%2F092xbu7_processed.jpeg&w=3840&q=75)
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- use excel and compute ebitda xSeminole Corporation reported the following items at December 31, 2021, and 2020: (Click the icon to view the comparative financial information.) Read the requirements. Requirement 1. Compute the company's (a) quick (acid-test) ratio and (b) days' sales outstanding for 2021. Evaluate each ratio value as strong or weak. All sales are on account with terms of net 30 days. (a) Enter the formula and calculate the quick (acid-test) ratio for 2021. (Abbreviation used: Cash* = Cash and cash equivalents. Round your final answer to two decimal places.) Cash* + Short-term investments + Net current receivables + Total current liabilities = Quick (acid-test) ratio $ Seminole's quick (acid-test) ratio is considered fairly weak. (b) Select the formula and calculate Seminole's days' sales outstanding for 2021. (Round interim calculations to two decimal places, XX.XX. Round the days' sales outstanding up to the next whole day.) Accounts receivable turnover = + Days' sales outstanding Seminole's days'…The comparative balance sheet of Merrick Equipment Co. for Dec. 31, 20Y9 and 20Y8, is:Dec. 31, 20Y9 Dec. 31, 20Y8AssetsCash $70,720 $47,940Accounts receivable (net) 207,230 188,190Inventories 298,520 289,850Investments 0 102,000Land 295,800 0Equipment 438,600 358,020Accumulated depreciation—equipment (99,110) (84,320)Total assets $1,211,760 $901,680Liabilities and Stockholders' EquityAccounts payable (merchandise creditors) $205,700 $194,140Accrued expenses payable (operating expenses) 30,600 26,860Dividends payable 25,500 20,400Common stock, $1 par 202,000 102,000Paid-in capital: Excess of issue price over par—common stock 354,000 204,000Retained earnings 393,960 354,280Total liabilities and stockholders' equity $1,211,760 $901,680The income statement for the year ended December 31, 20Y9, is as follows:Sales $2,023,898Cost of goods sold 1,245,476Gross profit $778,422Operating expenses:Depreciation expense $14,790Other operating expenses 517,299Total operating expenses 532,089Operating…
- Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 70 on December 31, 2012. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 Retained earnings, January 1 Net income Dividends: On preferred stock On common stock Retained earnings, December 31 20Y2 $3,329,700 790,400 20Y1 $2,805,000 574,500 (9,800) (40,000) $4,070,300 (9,800) (40,000) $3,329,700 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 2012 and 20Y1 Sales Cost of merchandise sold Gross profit Selling expenses Administrative expenses Total operating expenses Income from operations Other revenue and expense: 20Y2 20Y1 $5,340,680 $4,920,640 1,737,400 1,598,410 $3,603,280 $1,292,110 1,100,680 $3,322,230 $1,583,590 930,050 $2,392,790 $2,513,640 $1,210,490 $808,590 Other revenue 63,710 51,610 Other expense (interest) (376,000) (207,200)…Help | System Announcements Balance Sheet As of 12/31/19 Assets: Liabilities and Equity: Cash and marketable securities $28,987 Accounts payable and accruals $154,807 Accounts receivable $142,845 Short-term notes payable $21,639 Inventory $212,722 Total current liabilities $176,446 Total current assets $384,554 Long term debt $155,510 Net plant and equipment $602,309 Total liabilities $331,956 Goodwill and cther assets $42,422 Common stock $314,932 Retained earnings $382,397 Total assets $1,029,285 Total liabilities and equity $1,029,285 In addition, it was reported that the firm had a net income of: $158,531 and net sales of: $4,338,283 Calculate the following ratios for this firm (Use 365 days for calculation. Round answers to 2 decimal places, e.g. 52.75.): Current Ratio times Quick Ratio times Average Collection Period days Total Asset Turnever times Fixed Asset Turnover times QuestionHancock Company reported the following account balancesat December 31, 2027:Sales revenue $97,000Dividends. $11,000Supplies 13,000Accounts payable 41,000Patent $59,000Building Common stock.. $27,000Insurance expense .... $31,000Notes payable .. $39,000Income tax expense $42,000Cash . . $19,000Repair expense ?Copyright $20,000Equipment $14,000Utilities payable. $22,000Inventory $64,000Retained earnings. .. $87,000 (at Jan. 1, 2027)Interest revenue $55,000Cost of goods sold ..... .. $37,000Accumulated depreciation .... $23,000 $34,000Accounts receivable ? Trademark. ... $51,000Calculate the total intangible assets reported in HancockCompany's December 31, 2027 balance sheet. The following additional information is available:1) The note payable listed above was a 4- year bank loan taken out on September 1, 2024.2) The total P - P - E at Dec. 31, 2027 was equal to 75% of the total current liabilities at Dec. 31, 2027. ՄԴ S
- Given the data in the following table, the entry for Inventories on the 2023 common-sized balance sheet was %.PE.17-03B Current Position Analysis The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable (net) Inventory Accounts payable Determine (a) the current ratio and (b) the quick ratio. Round your answers to one decimal place. a. Current ratio $210,000 120,000 110,000 160,000 200,000 b. Quick ratiocan you fill out the second image based on the first
- For Items 9-10 Following are selected financial and operating data taken from the financial statements of Alamona Corporation: Cash Notes and Accounts Receivable, net Merchandise Inventory Marketable Securities short-term Land and Buildings (net) Bonds Payable long-term Accounts Payable - trade Notes Payable - short-term As of December 31 2023 2022 80,000 640,000 400,000 1,200,000 720,000 1,200,000 240,000 80,000 2,720,000 2,880,000 2,160,000 2,240,000 560,000 880,000 160,000 320,000 Sales (20% cash, 80% credit sales) Cost of Goods Sold For the Year-Ended December 31 2023 18,400,000 8,000,000 2022 19,200,000 11,200,000 Compute for the following ratio: 9. Current ratio as of December 31, 2023 a. 0.5:1 b. 2.0:1 c. 2.6:1 d. 3.2:1 10. Quick (acid test) ratio as of December 31, 2023 a. 2.0 to 1 b. 0.5 to 1 c. 1 to 1 d. 0.7 to 1 Page 4 of 4om/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocat- Current Position Analysis The following items are reported on a company's balance sheet: Cash $248,600 Marketable securities 194,200 Accounts receivable (net) 197,000 Inventory 137,100 Accounts payable 457,000 Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio b. Quick ratio Check My Work Email Ins All work saved. %23Reference is made to the 2022 Balance Sheet of Tram-Ropes limited.Tram-Ropes Limited Balance Sheet 2022Cash 1,000,000.00 Accounts Payable 8,000,000.00Acc. Receivable 12,000,000.00 Notes Payable 8,500,000.00Marketable securities 3,000,000.00 Long-term Debt 20,000,000.00Inventories 7,500,000.00 Common stock 7,500,000.00Fixed Assets 26,500,000.00 Preferred Stock 6,000,000.00Total Assets 50,000,000.00 Total Liabilities and Equity 50,000,000.00Additional Information:i. The Long-Term debt consists of 8% annual coupon bonds, with15 years to maturity and are currently selling for 95% ofpar.ii. The company’s common shares which have a book value of $20per share are currently selling at $25 per share.PREPARED BY THE CI, MGMT2023 4iii. Preferred shares have a book value of $100 per share. Theseshares are currently selling at $120 per share and paysdividends of 6% per annum on book value.iv. The dividend growth rate is expected to be 3%, and dividendfor 2023 is projected to be $5.00 per…
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