# Financial Analysis of Marshall Inc.The following is a detailed transcription of Marshall Inc.'s financial statements for educational purposes, highlighting measures of liquidity, solvency, and profitability. ## Comparative Retained Earnings Statement**For the Years Ended December 31, 20Y2 and 20Y1**- **Retained earnings, January 1:** - 20Y2: \$3,704,000 - 20Y1: \$3,264,000- **Net income:** - 20Y2: \$600,000 - 20Y1: \$550,000- **Dividends:** - Preferred stock: - Both 20Y2 and 20Y1: (\$10,000) - Common stock: - Both 20Y2 and 20Y1: (\$100,000)- **Increase in retained earnings:** - 20Y2: \$490,000 - 20Y1: \$440,000- **Retained earnings, December 31:** - 20Y2: \$4,194,000 - 20Y1: \$3,704,000## Comparative Income Statement**For the Years Ended December 31, 20Y2 and 20Y1**- **Sales:** - 20Y2: \$10,850,000 - 20Y1: \$10,000,000- **Cost of goods sold:** - 20Y2: (\$6,000,000) - 20Y1: (\$5,450,000)- **Gross profit:** - 20Y2: \$4,850,000 - 20Y1: \$4,550,000- **Operating expenses:** - Selling expenses: - 20Y2: (\$2,170,000) - 20Y1: (\$2,000,000) - Administrative expenses: - 20Y2: (\$1,627,500) - 20Y1: (\$1,500,000) - **Total operating expenses:** - 20Y2: (\$3,797,500) - 20Y1: (\$3,500, ### Balance Sheet Overview**Assets**- **Current Assets** - Cash: $500,000 - Marketable securities: $160,000 - Accounts receivable (net): $800,000 for both years - Inventories: $994,000 for 20Y2, $690,000 for 20Y1 - Prepaid expenses: $10,000 for 20Y2, $20,000 for 20Y1 - **Total Current Assets**: $2,464,000 for 20Y2, $2,270,000 for 20Y1- **Long-term Investments**: $800,000 for both years- **Property, Plant, and Equipment (net)**: $5,760,000 for 20Y2, $5,184,000 for 20Y1- **Total Assets**: $9,024,000 for 20Y2, $8,254,000 for 20Y1**Liabilities**- **Current Liabilities**: $800,000 for both years- **Long-term Liabilities** - Mortgage note payable, 6%: $200,000 for 20Y2, $0 for 20Y1 - Bonds payable, 4%: $3,000,000 for both years - **Total Long-term Liabilities**: $3,200,000 for 20Y2, $3,000,000 for 20Y1- **Total Liabilities**: $4,080,000 for 20Y2, $3,800,000 for 20Y1**Stockholders' Equity**- Preferred 4% stock, $5 par: $250,000 for both years- Common stock, $5 par: $500,000 for both years- Retained earnings: $4,194,000 for 20Y2, $3,704,000 for 20Y1- **Total Stockholders' Equity**: $4,944,000 for 20Y2, $4,454,000 for 20Y1- **Total Liabilities and Stockholders' Equity**: $9,024,000 for 20Y2, $8,254,000 for 20Y1### Financial Metrics for 20Y21

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College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter24: Analysis Of Financial Statements

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Use the information provided from Sapphire Ltd calculate and comment on the following ratios:1. Profit margin2. Return on equity
Accounting selected current year company information follow:
Selected current year company information follows : please provide answer this accounting question
Interpret the results: • Return on equity • Return on assets • Gross profit margin • Operating profit margin • Net profit margin
Ch: Analyzing Financial Statements The current year financial statement for sand and Juffair companies are presented below. Balance sheet at 31 Dec 2019 Item Cash Account receivable (net) Inventory Property & equipment (net) Other assets Total assets Current liabilities Long-term debt (interest rate: 10%) Capital stock ($10 par value) Additional paid-in capital Retained earnings Total liabilities and stockholders' equity Income statement at 31 Dec 2019 item Sales revenue (1/3 on credit) (-) Cost of goods sold (-) Operating expenses Net income Other data item Per share stock price at end of current year Average income tax rate Dividends declared and paid in current year Sand 45000 45000 95000 160000 90000 435000 95000 75000 155000 40000 70000 435000 Sand 440000 230000 159000 51000 Sand 23 30% 34000 Juffair 22000 35000 45000 415000 320000 837000 65000 65000 522000 110000 75000 837000 Juffair 800000 399000 315000 86000 Juffair 25 30% 153000 Both companies are in the fish catching and…
If you give me correct answer I will give you helpful rate on these general accounting question
Subject: acounting
Motorola Credit Corporation's annual report: Net revenue (sales) Net earnings Total assets Total liabilities Total stockholders' equity a. Find the total debt to total assets ratio. Note: Round your answer to the nearest hundredth percent. Total debt to total assets Return on equity b. Find the return on equity ratio. Note: Round your answer to the nearest hundredth percent. (dollars in millions) $ 297 163 2,175 1,880 295 Asset turnover c. Find the asset turnover ratio. Note: Round your answer to the nearest cent. Profit margin % % % d. Find the profit margin ratio on net sales. Note: Round your answer to the nearest hundredth percent.
Return on Total Assets A company reports the following income statement and balance. sheet information for the current year: Net income Interest expense Average total assets $471,500 83,200 6,450,000 Determine the return on total assets. If required, round the answer to one decimal place. %
Selected current year company information follows: Net income Net sales Total liabilities, beginning-year Total liabilities, end-of-year $ 16,553 718,855 89,932 109,201 Total stockholders' equity, beginning-year 204,935 Total stockholders' equity, end-of-year 130,851 What is the return on total assets? (Do not round intermediate calculations.).
The comparative financial statements for Chinook Company are below Income statement Sales revenue Cost of goods sold Gross profit Operating expenses and interest expense Pretax income Income tax Net income Balance sheet Cash Accounts receivable (net) Inventory Property and equipment (net) Total assets Current liabilities (no interest) Long-term liabilities (interest rate: 9%) Common stock ($5 par value, 5,480 shares outstanding) Retained earnings Total liabilities and stockholders' equity Year 2 Year 1 $ 190,500 112,300 78,200 $ 168,900 67,600 101,300 57,200 54,200 21,000 13,400 6,300 4,020 $ 14,700 $ 5,400 15,100 40,900 $9,388 $ 6,800 16,900 33,700 45,700 36,700 $ 94,100 $ 107,100 $14,200 44,100 27,000 $ 15,200 44,100 27,000 21,800 7,800 $ 107,100 $ 94,100 P13-5 Part 1 Required: 1. Complete the following columns for each item in the preceding comparative financial statements: Complete this question by entering your answers in the tabs below. Income Statement Balance Sheet Complete the…

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