Round up to two decimal placesb. If an item was $3,000 in 2010, how much was it worth in 2015?IRound up to two decimal placesQuestion 13 of 16c. If an item was $4,300 in 2008, how much was it worth in 2016?Round up to two decimal placesSAVE PROGRESS Use the CPI table below to answer the following questions:YearCPI2007 (Base Year) 2008 2009 2010 2011 2012 2013 20141004a. If an item was worth $2,500 in 2009, how much was it worth in 2014?k102.8 104.2 105.5 107.4 109.2 112.3 116.6 120.4 122.8Round up to two decimal placesb. If an item was $3,000 in 2010, how much was it worth in 2015?2015 20167

Consumer Price Index can be used for two period to know the real value of an item in the past in…

Answered: Round up to two decimal places b. If an…

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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The following selected information (in thousands) is available for Granger Limited: Total assets Type here to Total liabilities Interest expense Income tax expense Net income Cash provided by operating activities Net capital expenditures Dwidends paid or common shares E 2021 $3,909 2.155 16 176 407 845 402 110 2020 $3,668 1.942 23 151 379 576 300 90
Multiple Choice Sa O 84 times 2.06 times 1.87 times 82 times. 1.22 times
1 Condensed financial statements for Games Galore are summarized below: 2 3 Balance Sheet 4 Cash 5 Accounts Receivable, Net 6 Inventory 7 Prepaid Insurance 8 Total Current Assets 9 Property and Equipment, Net 10 Total Assets 11 12 Current Liabilities 13 Long-term Liabilities 14 Total Liabilities 15 Contributed Capital 16 Retained Earnings 17 Total Stockholders' Equity 18 Total Liabilities and Stockholders' Equity 19 20 Income Statement 21 Net Sales (all on account) 22 Cost of Goods Sold 23 Gross Profit 24 Operating Expenses 25 Income from Operations 26 Interest Expense 27 Income before Income Tax Expense 28 Income Tax Expense 29 Net Income 30 READY Attempt(s) Sheet1 $ $ $ $ B $ 2016 185,000 $ 80,000 104,000 11,900 380,900 514,500 895,400 $ 85,300 284,000 369,300 299,000 227,100 526,100 895,400 $ $ 3,031,000 1,949,000 1,082,000 891,400 $ 190,600 14,500 176,100 47,000 129,100 4 C 2015 143,000 59,000 134,000 5,880 341,880 407,000 748,880 96,800 224,000 320,800 299,000 129,080 428,080…
left numbers are 2025 right column is 2024. i need to figure out B. asset turnover C return on assets D. return on common stockholder equity.
If current assets are $20,000 and total assets are $187,000, what percentage of total assets are current assets? (Answer as a percentage to 1 decimal point with no % sign needed, e.g. xx.x or 12.3)
How do I calculate based on the Income Statement and Balance sheet below: Times Interest Earned =Earnings before interest & taxes/interest expense, gross? (in thousands) (in thousands) 2015 2014 Sales (net) 30,500 Cash 400 500 Interest income 500 Short-term investments 300 200 Total Revenue 31,000 Accounts receivable (net) 3,200 2,900 Cost and expenses Inventory 6,000 5,400 Cost of goods sold 17,600 Total current assets 9,900 9,000 Selling and general administrative expenses 3,550 Property, plant, and equipment 7,100 7,000 Depreciation and amortization expenses 1,890 Total assets 17,000 16,000 Interest Expense 900 Accounts payable 3,700 3,400 Total costs and expenses 23,940 Income taxes payable 900 800 Income before taxes 7,060 Accrued expenses 1,700 1,400 Income taxes -2,800 Total current liabilities 6,300 5,600 Net income 4,260 Long-term debt 2,000 1,800 Total liabilities 8,300 7,400 Common…
Solve it with calculation and explanation of the question
Question 2: What is the profit margin for 2014? (Round to two decimal places.) What is the profit margin for 2013? (Round to two decimal places.) What is the return on assets for 2014? (Round to two decimal places.) What is the return on assets for 2013? (Round to two decimal places.) What is the return on equity for 2014? (Round to two decimal places.) What is the return on equity for 2013? (Round to two decimal places.) Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? (Select the best response.) A. These ratios indicate a somewhat weak firm performance for the equity holders with an ROE of over 42.96% for 2013. B. These ratios indicate a somewhat weak firm performance for the equity holders with an ROE of over 42.96% for 2014. C. These ratios indicate a somewhat strong firm performance for the equity holders with an ROE of over 42.96% for 2014. D.…
How to calculate out the answer to $1,011,982?
All the figures are in millions Please write down the formulas used to answer the question and use excel to answer. Calculate: debt ratio and times interest earned ratio. LLC Current Asset Current Liabilities Total Liabilities Total Assets 2016 5,857.9 8,824.3 12,978.2 18,592.9 2017 6,261.3 10,757.7 14,687.7 20,854.2 2018 6,314.2 6,588.0 10,549.4 16,963.6 2019 5,756 6,287 10,821 17,178 2020 5,977 5,653 10,816 17,748 2021 4,950 5,983 10,049 17,000 BKW Net Cash Provided by operating activities Operating Income Before Tax Finance Costs Cash and cash eqiv & Accounts receivables 2016 853.0 862.8 - 126.2 1,008.4 + 2,785.0 2017 146.0 1,007.0 - 108. 6 1,249.2 + 2,749.2 2018 72.8 1,066.2 - 88.0 1,177.1 + 2,670.2 2019 60 620 - 142 1,290 + 2,050 2020 137 - 536 - 165 1, 1 1 1 + 1,667 2021 468 295 - 146 1,662 +…
Required information [The following information applies to the questions displayed below.] The balance sheets for Federer Sports Apparel for 2025 and 2024 are presented below. 2. Prepare a horizontal analysis for 2025 using 2024 as the base year. (Note: If the percentage increase or decrease cannot be calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity FEDERER SPORTS APPAREL Balance Sheet December 31 2025 $ Year 2024 $ 2,431,000 $ 754,000 1,581,000 1,305,000 3,128,000 1,595,000 11,832,000 11,832,000 (1,972,000) (986,000) $ 17,000,000 $ 14,500,000 1,496,000 $ 1,360,000 7,888,000 6,256,000 3,656,000 $ 17,000,000 $ 14,500,000 1,856,000 1,100,000 7,888,000 Increase…
The comparative financial statements prepared at December 31, 2017, for Pinnacle Plus showed the following summarized data: Required: 1. Complete the two final columns shown beside each item in Pinnacle's comparative financial statements. (Round your percentage answers to 1 decimal place. Any decrease in the amount should be indicated with minus sign.) Increase (Decrease) 2017 over 2016 4 2017 2016 Amount Income statement Sales revenue Cost of goods sold $ 106,400 $96.000 50,200 46.500 Gross profit 56.200 49.500 Operating expenses 35,400 32.400 Interest expense 3,700 3,700 income before income tax expense 17.100 13.400 Income tax expense (30%) 5.130 4,020 Net income $ 11.970 $ 9.380 Balance sheet: Cash $ 55,370 $16,770 Accounts receivable, net Inventory 35,800 30,500 23,800 44,500 Property and Equipment, net Total assets Accounts payable 92,600 102.000 $ 207,570 $ 193.770 S 41,100 $33.500 Income tax payable 1,000 470 Note payable, long-term Total liabilities Contributed capital (9,000…

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Round up to two decimal places b. If an item was $3,000 in 2010, how much was it worth in 2015? I Round up to two decimal places Question 13 of 16 c. If an item was $4,300 in 2008, how much was it worth in 2016? Round up to two decimal places