Roy's Toys is a manufacturer of toys and other children's products. The following are selected items appearing in a recent balance sheet. Cash and short-term investments $ 47.3 Receivables Inventories Prepaid expenses and other current assets Total current liabilities Total liabilities Total stockholders' equity 159.7 72.3 32.0 130.1 279.4 344.0 Dollar amounts stated above are in millions. a-1. Using the information above, compute the amount of Roy's Toys quick assets. (Enter your answer in millions of dollars.) a-2. Using the information above, compute the amount of Roy's Toys total current assets. (Enter your answer in millions of dollars rounded to 1 decimal place.) b-1. Compute for Roy's Toys the quick ratio. (Round your answer to 1 decimal place.) b-2. Compute for Roy's Toys the current ratio. (Round your answer to 1 decimal place.) b-3. Compute for Roy's Toyś the dollar amount of working capital. (Enter your answer in millions of dollars rounded to 1 decimal place.) a-1. Quick assets million a-2 Total current assets million b-1. Quick ratio to 1 b-2. Current ratio to 1 b-3. Working capital million

Roy's Toys is a manufacturer of toys and other children's products. The following are selected items appearing in a recent balance sheet. Cash and short-term investments $ 47.3 Receivables Inventories Prepaid expenses and other current assets Total current liabilities Total liabilities Total stockholders' equity 159.7 72.3 32.0 130.1 279.4 344.0 Dollar amounts stated above are in millions. a-1. Using the information above, compute the amount of Roy's Toys quick assets. (Enter your answer in millions of dollars.) a-2. Using the information above, compute the amount of Roy's Toys total current assets. (Enter your answer in millions of dollars rounded to 1 decimal place.) b-1. Compute for Roy's Toys the quick ratio. (Round your answer to 1 decimal place.) b-2. Compute for Roy's Toys the current ratio. (Round your answer to 1 decimal place.) b-3. Compute for Roy's Toyś the dollar amount of working capital. (Enter your answer in millions of dollars rounded to 1 decimal place.) a-1. Quick assets million a-2 Total current assets million b-1. Quick ratio to 1 b-2. Current ratio to 1 b-3. Working capital million

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter9: Long-term Liabilities

Section: Chapter Questions

Problem 89E: Ratio Analysis Rising Stars Academy provided the following information on its 2019 balance sheet and...

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Consider the following balance sheet and income statement for Mmm Good Foods Incorporated (the company that operates Tasty Fried Chicken and Pizza Party), In condensed form, including some information from the cash flow statement: (amounts are in millions) Mem Good Foods Incorporated 2019 S 706 372 38 Balance Sheet Cash and short-term Investments Accounts receivable Inventory Other current assets Long-lived assets 382 4,008 $ 5,506 $1,379 total assets Current liabilities Total liabilities Noncontrolling interest 11,138 Shareholders equity Total liabllities and equity (5,632) $ 5,506 Incone Statenent Sales $6, 386 3,500 $2,070 $1,627 309 Cost of sales Gross margin Earnings before interest and taxes Interest Taxes 326 623 Income fron discontinued operations Net income $1,615 Share price Earnings per share liumber of outstanding shares (millions) Cash Flows Cash flow from operatilons Capital expenditures Dividends $65 4.31 355.2 $1,206 424 754
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J-Mark Superstores provides the following selected financial data. Cash and cash equivalents Long-term investments Short-term investments Accounts receivable Inventory Property, plant and equipment Total asset 2024 $ 852,540 45,050 1,120,545 2023 $ 750,235 39,194 1,030,901 2,812,020 2,615,179 4,212,686 3,749,291 96,555 82,072 9,139,396 8,266,871 Total liabilities 4,204,122 3,968,098 Total stockholders' equity 4,935,274 4,298,773 Net sales 15,579,865 13,710,281 Operating income 5,452,953 4,661,496 Interest expense 157,655 Investment income 5,947 148,804 4,851 Calculate the return on investments ratio for 2024. Note: Round your answer to 1 decimal place. Return on investments ratio %
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