The following table illustrates the balance sheets for ABC Corporation. Please show how you complete each step in Excel and please show the formulas THE TABLE IS ATTACHED AS AN IMAGE Answering the following questions. What is the total current assets in 2015 for ABC Corporation? What is the total assets in 2015 for ABC Corporation? What is the total current liabilities in 2015 for ABC Corporation? What is the total liabilities in 2015 for ABC Corporation? What is the net working capital in 2015 for ABC Corporation? What is the equity in 2015 for ABC Corporation?
The following table illustrates the balance sheets for ABC Corporation. Please show how you complete each step in Excel and please show the formulas THE TABLE IS ATTACHED AS AN IMAGE Answering the following questions. What is the total current assets in 2015 for ABC Corporation? What is the total assets in 2015 for ABC Corporation? What is the total current liabilities in 2015 for ABC Corporation? What is the total liabilities in 2015 for ABC Corporation? What is the net working capital in 2015 for ABC Corporation? What is the equity in 2015 for ABC Corporation?
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
Problem 1PS
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Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
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Question
The following table illustrates the
THE TABLE IS ATTACHED AS AN IMAGE
Answering the following questions.
- What is the total current assets in 2015 for ABC Corporation?
- What is the total assets in 2015 for ABC Corporation?
- What is the total current liabilities in 2015 for ABC Corporation?
- What is the total liabilities in 2015 for ABC Corporation?
- What is the net working capital in 2015 for ABC Corporation?
- What is the equity in 2015 for ABC Corporation?
Transcribed Image Text:Cash & short-term investments
Accounts receivable
Income taxes receivable
Inventories
Prepaid expenses
future income tax benefit
Total current assets
Net fixed asssets
Assets
Total assets
ABC Corporation
December 31, 2015, and December 31, 2014, Balance Sheets ($000,000)
Liabilities
2015
9.2
12.6
0
13.9
0.5
0.2
?
25
?
2014
2.3
12.1
1.2
12.5
0.6
0.3
29
23
52
Promissory notes
Accounts payables
Income taxes payable
Current portion of long-term debt
Total current liabilities
Long-term debt
Future income taxes
Total liabilities
2015
0.6
15.1
0.5
0.8
?
1.1
1.5
?
2014
0.7
13.8
0
0.1
14.6
1.0
1.1
16.7
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