Sales Revenue Less: Cost of Goods Sold Gross Profits Less: Operating Expenses Operating Profits Less: Interest Expense Net Profits Before Taxes Less: Taxes (40%) Net Profits After Taxes Assets Cash Accounts receivable Inventories Income Statement Pulp, Paper and Paperboard, Inc. For the Year Ended December 31, 2019 Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and stockholders' equity Current liabilities Accounts payable Notes payable Accruals Total current liabilities Long-term debts Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Calculate the following: NP, GP Balance Sheet Pulp, Paper and Paperboard, Inc. December 31, 2019 $2,080,976 1.701.000 Current Ratio - Quick Ratio Receivable days - Payable days $ 379,976 273.846 $ 106,130 19.296 S 86,834 34,810 S 52,024 $ 95,000 237,000 243.000 $ 575,000 500,000 75.000 $425,000 $1.000.000 $ 89,000 169,000 87.000 $ 345,000 188.000 $ 533,000 255,000 212.000 Pulp, Paper and Paperboard, Inc. had 25,500 common stocks outstanding in December 31, 2019 selling at $20 per share $467.000 $1.000.000
Sales Revenue Less: Cost of Goods Sold Gross Profits Less: Operating Expenses Operating Profits Less: Interest Expense Net Profits Before Taxes Less: Taxes (40%) Net Profits After Taxes Assets Cash Accounts receivable Inventories Income Statement Pulp, Paper and Paperboard, Inc. For the Year Ended December 31, 2019 Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and stockholders' equity Current liabilities Accounts payable Notes payable Accruals Total current liabilities Long-term debts Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Calculate the following: NP, GP Balance Sheet Pulp, Paper and Paperboard, Inc. December 31, 2019 $2,080,976 1.701.000 Current Ratio - Quick Ratio Receivable days - Payable days $ 379,976 273.846 $ 106,130 19.296 S 86,834 34,810 S 52,024 $ 95,000 237,000 243.000 $ 575,000 500,000 75.000 $425,000 $1.000.000 $ 89,000 169,000 87.000 $ 345,000 188.000 $ 533,000 255,000 212.000 Pulp, Paper and Paperboard, Inc. had 25,500 common stocks outstanding in December 31, 2019 selling at $20 per share $467.000 $1.000.000
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
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