Accounts Receivable and Inventory Ratios Bell Company had the following current assets at year-end: Cash $72,500 Short-term investments 123,500 Accounts receivable (net) 425,000 Inventory 500,000 Prepaid expenses 29,000 Current assets $1,150,000 The company had net sales for the year of $2,205,000 and cost of goods sold of $1,347,500.At the beginning of the year, Bell’s accounts receivable (net) were $352,000 and itsInventory was $429,000.a. What is the company’s accounts receivable turnover for the year? (Round to two decimal places.) Answer   b. What is the company’s average collection period for the year? (Round to one decimal place.) Answer   c. What is the company’s inventory turnover for the year? (Round to two decimal places.) Answer   d. What is the company’s days’ sales in inventory for the year? (Round to one decimal place.) Answer

BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Debt ratio: 50% Current ratio: 1.8x Total assets turnover: 1.5x Days sales outstanding: 36.5 days Gross profit margin on sales: (Sales Cost of goods sold)/Sales = 25% Inventory turnover ratio: 5x "Calculation is based on a 365-day year. Cash Accounts receivable Inventories Fixed assets Total assets Sales Balance Sheet $300,000 Accounts payable Long-term debt Common stock Retained earnings Total liabilities and equity Cost of goods sold 60,000 97,500

Financial

Compute the following ratio analysis: Return on Equity Return on Assets Gross Profit Margin Write your interpretation after the computation.

please answer the following question

Selected information from the comparative financial statements of AppleVerse Company for the year ended December 31 appears below: 2018 2017 Php Php Accounts receivable (net) 175,000 200,000 Inventory 130,000 150,000 Total assets 1,100,000 800,000 Current liabilities 140,000 110,000 Long-term debt 410,000 300,000 Net credit sales 800,000 700,000 Cost of goods sold 600,000 530.000 Interest expense 40.000 25,000 Income tax expense 60.000 29,000 Net income 150.000 85,000 Net cash provided by operating 220,000 135,000 activities Compute for the Receivables Turnover for 2018. O 2.13 O 4.27 O 5.95 O 3.23

Footfall Manufacturing Ltd. reports the following financial information at the end of the current year Net Sales $100,000 Debtor's turnover ratio (based on net sales) 2 Inventory turnover ratio 1.25 Fixed assets turnover ratio 0.8 Debt to assets ratio 0.6 Net profit margin Gross profit margin 5% 25% Return on investment 2% Use the given information to fill out the templates for income statement and balance sheet given below. Income Statement of FdfalOfanufacturing Ltd. for the year ending December 31, 20XX (in S) Sales 100,000 Cost of goods sold Gross profit Other expenses Earnings before tax Таx @ 50% Earnings after tax

Footfall Manufacturing Ltd. reports the following financial information at the end of the current year: Net sales $100.000 Debtors’ turnover ratio (based on sales) 2 Inventory turnover ratio 1.25 Fixed assets turnover ratio 0.8 Debt to assets ratio 0.6 Net profit margin 5% Gross profit margin 25% Return on investment 2% Use the given information to fill out the templates for the income statement and balance sheet given below: Income Statement of Footfall Manufacturing Ltd. for the year ending December 31, 20XX (in $) Sales 100,000 Cost of goods sold   Gross profit   Other expenses   Earnings before tax   Tax @ 50%   Earnings after tax     Balance Sheet of Footfall Manufacturing Ltd. as at December 31, 20XX (in $) Liabilities Amount Assets Amount Equity   Net fixed assets   Long term debt 50,000 Inventory   Short term debt   Debtors       Cash…

Vertical Analysis of Income Statement Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows:                                                                Current Year        Previous YearSales                                                         $4,000,000           $3,600,000Cost of merchandise sold                          2,280,000             1,872,000Selling expenses                                         600,000                648,000Administrative expenses                             520,000                360,000Income tax expense                                    240,000                216,000a. Prepare an income statement in comparative form, stating each item for both years as a percent of sales. If required, round percentages to one decimal place. Enter all amounts as positive numbers.