Financial ratios: Financial leverage. The financial statements
for Tyler Toys, Inc. are shown in the popup...
Financial ratios: Financial leverage. The financial statements
for Tyler Toys, Inc. are shown in the popup window: Calculate
the debt ratio, times interest earned ratio, and cash coverage
ratio for 2013 and 2014 for Tyler Toys. Should any of these ratios
or the change in a ratio warrant concern for the managers of Tyler
Toys or the shareholders?
Tyler Toys, Inc.
Income Statement for Years Ending December 31, 2013 and
2014
2014
2013
Revenue
$14,146,494
$13,566,550
Cost of goods sold...
Adjusting entries, closing entries, and the final financial
statements are the end of the line for...
Adjusting entries, closing entries, and the final financial
statements are the end of the line for the company's financial
statements for a given period. A company will often adjust their
long-term assets and liabilities for a current portion that will be
reclassified on the financial statements. For example, a mortgage
payable can be for 30 years, only one year is current. When the
company is preparing their financial statements, the discussion of
liquidity comes to the forefront. The most liquid...
Financial? ratios: Liquidity.??The financial statements
for Tyler? Toys, Inc. are shown in the table below.
Calculate...
Financial? ratios: Liquidity.??The financial statements
for Tyler? Toys, Inc. are shown in the table below.
Calculate the current? ratio, quick? ratio, and cash ratio for
Tyler Toys for 2013 and 2014. Should any of these ratios or the
change in a ratio warrant concern for the managers of Tyler Toys or
the? shareholders?
Tyler Toys, Inc.
Income Statement for Years Ending December 31, 2013 and
2014
2014
2013
Revenue
$14,146,314
$13,566,585
Cost of goods sold
$-8,448,624
$-8,132,222
Selling, general, and...
Financial ratios: Profitability. The financial statements for
Tyler Toys, Inc. are shown in the popup window: ...
Financial ratios: Profitability. The financial statements for
Tyler Toys, Inc. are shown in the popup window: LOADING....
Calculate the profit margin, return on assets, and return on
equity for 2013 and 2014 for Tyler Toys. Should any of these ratios
or the change in a ratio warrant concern for the managers of Tyler
Toys or the shareholders?
Tyler Toys, Inc.
Income Statement for Years Ending December 31, 2013 and
2014
2014
2013
Revenue
$14,146,613
$13,566,691
Cost of goods sold
$-8,448,105...
The _____________ analysis involves taking all of the absolute
figures on the company’s financial statements and...
The _____________ analysis involves taking all of the absolute
figures on the company’s financial statements and converting them
to percentages.
ratio
trend
common-size
All of the above.
Which of the following is a category in ratio analysis?
market ratios
profitability ratios
liquidity ratios
All of the above.
With ___________ analysis, you choose a particular base year and
set every single figure in that year’s financial statement equal to
100%. You then look at subsequent years, comparing each individual
line in...
Financial ratios: Liquidity. The financial statements for
Tyler Toys, Inc. are shown in the popup window:...
Financial ratios: Liquidity. The financial statements for
Tyler Toys, Inc. are shown in the popup window: Calculate the
current ratio, quick ratio, and cash ratio for Tyler Toys for
2013 and 2014. Should any of these ratios or the change in a ratio
warrant concern for the managers of Tyler Toys or the
shareholders?
Tyler Toys, Inc.
Income Statement for Years Ending December 31, 2013 and
2014
2014
2013
Revenue
$14,147,749
$13,567,341
Cost of goods sold
$-8,448,332
$-8,131,744
Selling, general,...
Financial ratios: Profitability. The financial statements for
Tyler Toys, Inc. are shown in the popup window: ...
Financial ratios: Profitability. The financial statements for
Tyler Toys, Inc. are shown in the popup window: Calculate the
profit margin, return on assets, and return on equity for 2013
and 2014 for Tyler Toys. Should any of these ratios or the change
in a ratio warrant concern for the managers of Tyler Toys or the
shareholders?
Tyler Toys, Inc.
Income Statement for Years Ending December 31, 2013 and
2014
2014
2013
Revenue
$14,146,748
$13,567,954
Cost of goods sold
$-8,447,154
$-8,132,993...
Financing Deficit
Garlington Technologies Inc.'s 2016 financial statements are
shown below:
Balance Sheet as of December...
Financing Deficit
Garlington Technologies Inc.'s 2016 financial statements are
shown below:
Balance Sheet as of December 31, 2016
Cash
$ 180,000
Accounts payable
$ 360,000
Receivables
360,000
Notes payable
156,000
Inventories
720,000
Line of credit
0
Total current assets
$1,260,000
Accruals
180,000
Fixed assets
1,440,000
Total current liabilities
$ 696,000
Common stock
1,800,000
Retained earnings
204,000
Total assets
$2,700,000
Total liabilities and equity
$2,700,000
Income Statement for December 31, 2016
Sales
$3,600,000
Operating costs
3,279,720
EBIT
$ 320,280
Interest
18,280
Pre-tax earnings
$ 302,000
Taxes...