What is the current assets for each company? What are the short term investments for each company? What is the average account receivable for each company? What is the average inventory for each company?

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
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What is the current assets for each company? What are the short term investments for each company? What is the average account receivable for each company? What is the average inventory for each company?

Summary information from the financial statements of two companies competing in the same industry follows.
Barco
Кyan
Company
Barco
Kyan Company
Company
Company
Data from the current year-end
Data from the current year's income
balance sheets
statement
$ 810,000
593,100
8,400
15,569
192,931
$ 902,200
638,500
15,000
24,907
223,793
Assets
Sales
$ 19,000
34,400
84,540
6,000
310,000
$ 453,940
33,000
52,400
142,500
7,350
311,400
$ 546,650
Cash
Cost of goods sold
Interest expense
Accounts receivable, net
Merchandise inventory
Income tax expense
Prepaid expenses
Plant assets, net
Net income
Basic earnings per share
5.36
4.55
Total assets
Cash dividends per share
3.79
3.96
Beginning-of-year balance sheet data
Accounts receivable, net
Merchandise inventory
Liabilities and Equity
$ 61,340
79,800
180,000
132,800
$ 453,940
$ 92,300
103,000
246,000
105, 350
$ 546,650
$ 30,800
59,600
378,000
180,000
$ 56,200
117,400
402,500
246,000
Current liabilities
Long-term notes payable
Common stock, $5 par value
Retained earnings
Total assets
Common stock, $5 par value
Total liabilities and equity
Retained earnings
76,309
76, 389
Transcribed Image Text:Summary information from the financial statements of two companies competing in the same industry follows. Barco Кyan Company Barco Kyan Company Company Company Data from the current year-end Data from the current year's income balance sheets statement $ 810,000 593,100 8,400 15,569 192,931 $ 902,200 638,500 15,000 24,907 223,793 Assets Sales $ 19,000 34,400 84,540 6,000 310,000 $ 453,940 33,000 52,400 142,500 7,350 311,400 $ 546,650 Cash Cost of goods sold Interest expense Accounts receivable, net Merchandise inventory Income tax expense Prepaid expenses Plant assets, net Net income Basic earnings per share 5.36 4.55 Total assets Cash dividends per share 3.79 3.96 Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Liabilities and Equity $ 61,340 79,800 180,000 132,800 $ 453,940 $ 92,300 103,000 246,000 105, 350 $ 546,650 $ 30,800 59,600 378,000 180,000 $ 56,200 117,400 402,500 246,000 Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total assets Common stock, $5 par value Total liabilities and equity Retained earnings 76,309 76, 389
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