Problem: Accounting Suppose that for 2015 Arius company's current assets totaled $60,000;total assets totaled 470,000; current liabilities totaled 72,000; and totalliabilities totaled $430,000. Calculate the debt-to-equity ratio for Ariusfor 2015.Calculate the debt-to-equity ratio for Arius for 2015. (round your answerto three decimal places.)Answer: 10.750

Explanation of Debt-to-Equity Ratio: The debt-to-equity ratio is a financial metric that compares a…

Answered: Suppose that for 2015 Arius company's…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

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Calculate the debt-to-equity ratio for Arius for
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Suppose that for 2010 Aquarius company's current assets totaled $60,000; total assets totaled 470,000; current liabilities totaled 72,000; and total liabilities totaled $430,000. Calculate the debt-to-equity ratio for Aquarius for 2010. Calculate the debt-to-equity ratio for Aquarius for 2010. (round your answer to three decimal places.)
At May 31, 2016, FedEx Corporation reported the following amounts (in millions) in its financial statements: 2016 2015 Total Assets $ 13,200 $ 12,300 Total Liabilities 8,316 7,503 Interest Expense 300 300 Income Tax Expense 480 290 Net Income 1,080 1,000 Required: 1.Compute the debt-to-assets ratio and times interest earned ratio for 2016 and 2015. (Round your answers to 2 decimal places.)
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If you are told that LSJ Company accounts payable at December 31, 2023 represents 15% of the company's total liabilities on their balance sheet…this would represent an example of what type of analysis: a. Vertical Analysis b. Horizontal Analysis c. Ratio Analysis
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May I ask for an explanation and solution to the question for a better understanding. Thank you! 11. What is the amount of Sculler's working capital at December 31, 2021? a. P41,000 b. P45,000 c. P50,000 d. P91,000
Bruno Inc.'s Financial Statement for years 2014-2015. Compute for the Bruno Inc. Year 2015 Debt to Equity Ratio. (Answer Format: 12.23%, if computed answer is 12.343% answer should be 12.34%, if computed answer is 12.347% answer should be 12.35%) INCOME STATEMENTS 2014 2015 BALANCE SHEETS Assets Cash 2014 2015 Net sales $ 4,760 $ 5,000 S 60 50 COGS (excl. depr.) 3,560 3,800 ST Investments 40 . Depreciation 170 200 Accounts receivable 380 500 480 500 Inventories 820 1,000 Other operating expenses EBIT S 550 S 500 Total CA $ 1,300 $ 1,550 Interest expense 100 120 Net PP&E 1,700 2,000 Pre-tax earnings S 450 S 380 $ 3,000 $ 3,550 Taxes (40%) 180 152 NI before pref. div. $ 270 228 Preferred div. 8 8 S 190 $ 200 Net income $ 262 220 280 300 130 280 Other Data $ 600 S 780 Common dividends $48 $50 1,000 1,200 Addition to RE $214 $170 $ 1,600 $ 1,980 Tax rate 40% 40% 100 100 Shares of common stock 50 50 500 500 Earnings per share $5.24 $4.40 800 970 Dividends per share $0.96 $1.00 $ 1,300 S…
Suppose that for 2010 Aquarius company's current assets totaled $60,000; total assets totaled 470,000; current liabilities totaled 72,000; and total liabilities totaled $430,000. Calculate the debt-to-equity ratio for Aquarius for 2010. Calculate the debt-to-equity ratio for Aquarius for 2010. (round your answer to three decimal places.) Prepare the Stockholder's Equity section of the Balance sheet given the following information: Preferred Stock $500,000Paid In Capital in Excess of Par P/S $10,000 Common Stock $700,000 Paid in Capital in Excess of Par C/S $200,000 Retained Earnings $40 0,000 Treasury Stock $40,000 Paid in Capital from Sale of Treasury Stock $5,000 What is the total stockholders' equity based on the following account balances? Common Stock $450,000 Paid-in Capital in Excess of Par $90,000 Retained Earnings Treasury Stock a. $740,000 b. $730,000 c. $720,000 d. $640,000 $190,000 $10,000
You have been presented with the following selected information from the financial statements of one of Canada's largest dairy producers, Saputo Inc. (in $ millions): Statement of financial position 2021 2020 2019 Accounts receivable $1,217 $1,372 $1,248 Inventory 2,294 2,221 1,681 Total current assets 3,948 4,069 3,134 Total assets 13,123 13,793 9,886 Current liabilities 2,146 2,494 1,932 Total liabilities 6,679 7,234 4,465 Statement of income Sales $14,294 $14,944 $13,502 Cost of goods sold 9,575 10,181 9,179 Interest expense 79 96 67 Income tax expense 218 217 230 Net income 626 583 755
Find the following financial ratios for LVMH Moet Hennessy Louis Vuitton SA (use year-end figures rather than average values where appropriate) (Round your answers to 2 decimal places (e.g., 32.16).) : 2015 2016 Short-term solvency ratios: Current ratio Quick ratio Cash ratio Asset utilization ratios: Total asset turnover Inventory turnover Receivables turnover Long-term solvency ratios: Total debt ratio Debt–equity ratio Equity multiplier Times interest earned ratio Profitability ratios: Profit margin % % Return on assets % % Return on equity % %

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