FINANCIAL ACCT.FUND.(LOOSELEAF)
7th Edition
ISBN: 9781260482867
Author: Wild
Publisher: MCG
expand_more
expand_more
format_list_bulleted
Question
Chapter 10, Problem 15DQ
To determine
Introduction:
Debt to equity ratio: The debt-to-equity ratio is a ratio of total liabilities over the total
: The amount for repayment of long-term borrowings and debentures by Company S for the year ended 31.12.17.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Balance Sheet
i. What are Mydeco’s Accounts Receivable (A/R) in 2019? What is their percentage increase since 2015?
ii. What could be one reason as to why Goodwill and Intangibles are unchanged over the 2015 to 2019 period? Long-term debt increases by $100 million over the 2015-2019 period. Looking at the asset side of the balance sheet, what was the borrowing used for?
Brandywine Corp. reported the following information for 2016 and 2017:
Interest payable, 31 December 2016 $10 200
Interest payable, 31 December 2017 $9 300
Interest expense-2017 $15 600
How much cash was paid for interest during 2017?
$3 900
O $22 000
$14 700
O $16 500
Use the statement of financial position as at 31 December 2022, statement of comprehensive income for the year ended 31 December 2022 and additional information for 2022 (related to dividends and shares) to calculate the ratio (expressed to two decimal places) that would reflect each of the following:
1. The extent to which the claims of the short-term creditors are covered by assets that can be translated into cash in the short term2. The extent to which long-term debt is covered by shareholders’ funds3. The amount of funds available relative to sales, to pay the company’s expenses other than its cost of sales (expressed as a percentage)4. The distributions during the period allocated to each ordinary share issued5. An indication of the percentage of the profit that has been put back into the company
6. The ratio of a company's current stock price to its earnings per share
Chapter 10 Solutions
FINANCIAL ACCT.FUND.(LOOSELEAF)
Ch. 10 - Prob. 1MCQCh. 10 - Prob. 2MCQCh. 10 - Prob. 3MCQCh. 10 - Prob. 4MCQCh. 10 - Prob. 5MCQCh. 10 - Prob. 1DQCh. 10 - Prob. 2DQCh. 10 - Prob. 3DQCh. 10 - Prob. 4DQCh. 10 - Prob. 5DQ
Ch. 10 - Prob. 6DQCh. 10 - Prob. 7DQCh. 10 - Prob. 8DQCh. 10 - Prob. 9DQCh. 10 - Prob. 10DQCh. 10 - Prob. 11DQCh. 10 - Prob. 12DQCh. 10 - Prob. 13DQCh. 10 - Prob. 14DQCh. 10 - Prob. 15DQCh. 10 - Prob. 16DQCh. 10 - Prob. 17DQCh. 10 - Prob. 18DQCh. 10 - Prob. 19DQCh. 10 - Prob. 1QSCh. 10 - Prob. 2QSCh. 10 - Prob. 3QSCh. 10 - Prob. 4QSCh. 10 - Prob. 5QSCh. 10 - Prob. 6QSCh. 10 - Prob. 7QSCh. 10 - Prob. 8QSCh. 10 - Prob. 9QSCh. 10 - Prob. 10QSCh. 10 - Prob. 11QSCh. 10 - Prob. 12QSCh. 10 - Prob. 13QSCh. 10 - Prob. 14QSCh. 10 - Prob. 15QSCh. 10 - Prob. 16QSCh. 10 - Prob. 17QSCh. 10 - Prob. 18QSCh. 10 - Prob. 19QSCh. 10 - Prob. 20QSCh. 10 - Prob. 1ECh. 10 - Prob. 2ECh. 10 - Prob. 3ECh. 10 - Prob. 4ECh. 10 - Prob. 5ECh. 10 - Prob. 6ECh. 10 - Prob. 7ECh. 10 - Prob. 8ECh. 10 - Prob. 9ECh. 10 - Prob. 10ECh. 10 - Prob. 11ECh. 10 - Prob. 12ECh. 10 - Prob. 13ECh. 10 - Prob. 14ECh. 10 - Prob. 15ECh. 10 - Prob. 16ECh. 10 - Prob. 17ECh. 10 - Prob. 18ECh. 10 - Prob. 19ECh. 10 - Prob. 20ECh. 10 - Prob. 21ECh. 10 - Prob. 22ECh. 10 - Prob. 1PSACh. 10 - Prob. 2PSACh. 10 - Prob. 3PSACh. 10 - Prob. 4PSACh. 10 - Prob. 5PSACh. 10 - Prob. 6PSACh. 10 - Prob. 7PSACh. 10 - Prob. 8PSACh. 10 - Prob. 9PSACh. 10 - Prob. 10PSACh. 10 - Prob. 11PSACh. 10 - Prob. 12PSACh. 10 - Prob. 1PSBCh. 10 - Prob. 2PSBCh. 10 - Prob. 3PSBCh. 10 - Prob. 4PSBCh. 10 - Prob. 5PSBCh. 10 - Prob. 6PSBCh. 10 - Prob. 7PSBCh. 10 - Prob. 8PSBCh. 10 - Prob. 9PSBCh. 10 - Prob. 10PSBCh. 10 - Prob. 11PSBCh. 10 - Prob. 12PSBCh. 10 - Prob. 10SPCh. 10 - Prob. 1AACh. 10 - Prob. 2AACh. 10 - Prob. 3AACh. 10 - Prob. 1BTNCh. 10 - Prob. 2BTNCh. 10 - Prob. 3BTNCh. 10 - Prob. 4BTNCh. 10 - Prob. 5BTNCh. 10 - Prob. 6BTN
Knowledge Booster
Similar questions
- Use the following excerpts from Bolognese Companys statement of cash flows and other financial records to determine the companys free cash flow for 2018 and 2017.arrow_forwardGiven the following information, calculate for 2016 the number of days of working capital financing the firm will need to obtain from other sources? (i.e., show the calculations of the Days Outstanding (including embedded Turnover ratios) for each of Accounts Receivable, Inventory, and Accounts Payable, as well as the intermediate calculation of Purchases used to calculate Days Outstanding for Payables, and finally, the number of days of external working capital financing required.arrow_forwardDuring 2018, the cash flows related to Global Data, Inc.'s lending and borrowing activities are summarized as follows: Cash lent to borrowers Payment to retire bonds payable Proceeds from borrowing at bank (note payable) Interest received from borrowers Interest payments made on bonds payable SS S A Moving to the next question prevents changes to this answer. S S If Global Data's income statement for 2018 reports interest expense of $25,200, then Interest Payable decreased by $15,800 O True O False 132,600 367,500 220,500 31,500 41,000 Daning 2015, the cash flowy related to Global Dhes, lac's leading and borrowing activities are varied as follows Cash letto borrowers Payment to rebods payable Proceeds free borrowing at back cote payable) Interest received from borrowers we pays de onbeads payable True Ĉ D S S 5 367,500 220.500 31.500 41,000arrow_forward
- Use the following excerpts from Franklin Companys statement of cash flows and other financial records to determine the companys free cash flow for 2018 and 2017.arrow_forwardFind the working capital ratio, Quick Ratio, eatnings per share (EPS), Debt- equity ratio with the below financial starment.arrow_forwardWhat is the overall assement of the company's credit risk (explain)? Is there any difference between the two years?arrow_forward
- A firm’s balance sheets for year-end 2018 and 2019 contain the following data. All items are in millions of dollars. Dec. 31, 2018 Dec. 31, 2019 Accounts receivable 33.0 36.5 Inventories 26.0 30.5 Accounts payable 13.0 26.5 What happened to investment in net working capital during 2019? (Enter your answer in millions rounded to 1 decimal place.)arrow_forwardAll the numbers are in millions. Please calculate the debt ratio and time interest earned ratio year by year. Curent Asset Current Liabilities Total Liabilities Total Assets 2016 5,857.9 8,824.3 12,978.2 18,592.9 2017 6,261.3 10,757.7 14,687.7 20,854.2 2018 6,314.2 6,588.0 10,549.4 16,963.6 2019 5,756 6,287 10,821 17,178 2020 5,977 5,653 10,816 17,748 2021 4,950 5,983 10,049 17,000 BKW Net Cash Provided by operating activities Operating Income Before Tax Finance Costs Cash and cash eqiv & Accounts receivables 2016 853.0 862.8 - 126.2 1,008.4 + 2,785.0 2017 146.0 1,007.0 - 108. 6 1,249.2 + 2,749.2 2018 72.8 1,066.2 - 88.0 1,177.1 + 2,670.2 2019 60 620 - 142 1,290 + 2,050 2020 137 - 536 - 165 1, 1 1 1 + 1,667 2021 468 295 - 146 1,662 + 1,741 Debt Ratio = Total Liabilities/Total Assets Times Interest…arrow_forwardhat is the amount of Target’s total liabilities at the end of FY2023 and FY 2022 (Hint: use the Statement of FinancialPosition)?b. What percentage of Target's assets was being financed withliabilities at the end of FY 2023 and FY 2022 versus thepercentage of assets financed with shareholders' equity (Hint:use the Statement of Financial Position)?c. Comment on the change in total liabilities in $ amounts and asa percentage of total assets between 2022 and 2023. Is this apositive or negative and why?d. What is the amount of debt and interest rate for Target’slongest term debt Due 2049-2053 as of the end of FY 2023(Hint: use the chart in the Long Term Debt footnote 16)?e. Target reported Accrued and Other Current Liabilities of $6,090 as of the end of FY 2023. What was the largestarrow_forward
- Analyze your company’s liability section of the comparative balance sheets. Has the composition of current and long-term liabilities changed significantly over the period? Explain? Liabilities and Equity sections of Walmart's Balance Sheet As of January 31, (Amounts in millions) 2019 2018 LIABILITIES AND EQUITY Current liabilities: Short-term borrowings $ 5,225 $ 5,257 Accounts payable 47,060 46,092 Accrued liabilities 22,159 22,122 Accrued income taxes 428 645 Long-term debt due within one year 1,876 3,738 Capital lease and financing obligations due within one year 729 667 Total current liabilities 77,477 78,521 Long-term debt 43,520 30,045 Long-term capital lease and financing obligations 6,683 6,780 Deferred income taxes and other 11,981 8,354 Total liabilities 139,661 123,700arrow_forwardWhat is net income ? 2015 and 2016?arrow_forwardPlease input numbers below based on data provided for the year 2017arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Survey of Accounting (Accounting I)AccountingISBN:9781305961883Author:Carl WarrenPublisher:Cengage LearningIntermediate Accounting: Reporting And AnalysisAccountingISBN:9781337788281Author:James M. Wahlen, Jefferson P. Jones, Donald PagachPublisher:Cengage LearningPrinciples of Accounting Volume 1AccountingISBN:9781947172685Author:OpenStaxPublisher:OpenStax College
- Financial Accounting: The Impact on Decision Make...AccountingISBN:9781305654174Author:Gary A. Porter, Curtis L. NortonPublisher:Cengage Learning
Survey of Accounting (Accounting I)
Accounting
ISBN:9781305961883
Author:Carl Warren
Publisher:Cengage Learning
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:Cengage Learning
Principles of Accounting Volume 1
Accounting
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax College
Financial Accounting: The Impact on Decision Make...
Accounting
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Cengage Learning