CCC - Balance sheets 31 December 2018, 2017 assets 2018 2017
Fixed assets, net 600,000 500,000...
CCC - Balance sheets 31 December 2018, 2017 assets 2018 2017
Fixed assets, net 600,000 500,000 Inventory 70,000 50,000 Accounts
receivable, net 100,000 150,000 Cash 30,000 50,000 Total current
assets € 200,000 € 250,000 Total assets € 800,000 € 750,000 Equity
and liabilities 2018 2017 Share capital 300,000 200,000 Retained
earnings 80,000 100,000 Total equity € 380,000 € 300,000 Payable
bonds 200,000 250,000 Accounts payable 150,000 120,000 Income taxes
payable 70,000 80,000 Total current liabilities € 220,000 € 200,000
Total...
The Robinson Company has the following current assets
and current liabilities for these two years:
2016...
The Robinson Company has the following current assets
and current liabilities for these two years:
2016 2017
Cash and marketable securities $50,000
$50,000
Accounts receivable 300,000 350,000
Inventories 350,000 500,000
Total current assets $700,000 $900,000
Accounts payable $200,000 $250,000
Bank loan 0 $150,000
Accruals $150,000 $200,000
Total current liabilities $350,000 $600,000
a. Compare the current ratios between the two
years.
b. Compare the acid test ratios between 2016 and 2017.
Comment on your findings
Here is financial information for Larkspur, Inc.
December 31, 2017
December 31, 2016
Current assets
$...
Here is financial information for Larkspur, Inc.
December 31, 2017
December 31, 2016
Current assets
$ 108,500
$ 92,800
Plant assets (net)
402,800
352,500
Current liabilities
101,800
67,500
Long-term liabilities
124,500
92,800
Common stock, $1 par
132,500
117,500
Retained earnings
152,500
167,500
Prepare a schedule showing a horizontal analysis for 2017, using
2016 as the base year. (If amount and percentage are a
decrease show the numbers as negative, e.g. -55,000, -20% or
(55,000), (20%). Round percentages to 1 decimal place,...
Suppose the following data were taken from the 2017 and 2016
financial statements of American Eagle...
Suppose the following data were taken from the 2017 and 2016
financial statements of American Eagle Outfitters.
(All numbers, including share data, are in thousands.)
2017
2016
Current assets
$ 963,700
$931,250
Total assets
2,017,700
1,750,250
Current liabilities
419,000
372,500
Total liabilities
572,700
526,700
Net income
175,000
404,500
Net cash provided by operating activities
299,000
487,300
Capital expenditures
255,000
279,200
Dividends paid on common stock
88,000
120,200
Weighted-average shares outstanding
203,000
213,600
(a)
Calculate the current ratio for each year....
The following information is available for The Coca-Cola Company
(in U.S. $ millions): 2018 2017 2016...
The following information is available for The Coca-Cola Company
(in U.S. $ millions): 2018 2017 2016 Cost of goods sold $11,770
$13,255 $16,465 Inventories 2,766 2,655 2,675 Current assets 30,634
36,545 34,010 Current liabilities 29,223 27,194 26,532 In the notes
to its financial statements, Coca-Cola disclosed that it uses the
FIFO and average cost formulas to determine the cost of its
inventory. The industry averages for the inventory turnover, days
in inventory, and current ratios are as follows: 2018 2017...
The financial statements of Sun Corporation appear below:
Sun Corporation
Comparative Balance Sheets
December 31, 2017...
The financial statements of Sun Corporation appear below:
Sun Corporation
Comparative Balance Sheets
December 31, 2017 - 18
——————————————————————————————————
Assets
2018
2017
Cash
$ 75,000
$ 150,000
Short-term
investments
75,000
225,000
Accounts receivable
(net)
150,000
112,500
Inventory
225,000
262,500
Property, plant and equipment
(net)
975,000
1,125,000
Total assets
$1,500,000
$1,875,000
Liabilities and stockholders' equity
Accounts
payable
$ 75,000
$ 112,500
Short-term...
Just Dew It Corporation reports the following balance sheet
information for 2017 and 2018.
JUST DEW...
Just Dew It Corporation reports the following balance sheet
information for 2017 and 2018.
JUST DEW IT CORPORATION
2017 and 2018 Balance Sheets
Assets
Liabilities and Owners' Equity
2017
2018
2017
2018
Current assets
Current liabilities
Cash
$ 10,750
$ 10,900
Accounts payable
$ 71,250
$ 60,500
Accounts receivable
27,050
27,000
Notes payable
48,500
50,000
Inventory
62,500
63,800
Total
$ 119,750
$ 110,500
Total
$ 100,300
$...
Just Dew It Corporation reports the following balance sheet
information for 2017 and 2018.
JUST DEW...
Just Dew It Corporation reports the following balance sheet
information for 2017 and 2018.
JUST DEW IT CORPORATION
2017 and 2018 Balance Sheets
Assets
Liabilities and Owners' Equity
2017
2018
2017
2018
Current assets
Current liabilities
Cash
$ 10,650
$ 10,700
Accounts payable
$ 73,500
$ 63,500
Accounts receivable
28,050
27,350
Notes payable
45,250
48,000
Inventory
64,400
65,000
Total
$ 118,750
$ 111,500
Total
$ 103,100
$...
2018
2017
Balance Sheet:
Current Assets
Current Liabilities
Net Fixed Assets
Long-Term Debt
Common Stock
Income...
2018
2017
Balance Sheet:
Current Assets
Current Liabilities
Net Fixed Assets
Long-Term Debt
Common Stock
Income Statement/Other:
Depreciation Expense
EBIT
Interest Expense
Taxes
Net Income
Dividends
$ 5,000
2,000
10,000
11,000
7,500
$ 1,000
4,000
2,000
500
1,500
600
$ 7,000
4,500
8,000
9,500
7,400
Calculate the
following Cash Flow from Assets
Questions:
1. Operating Cash
Flow
2. Net Capital
Spending
3. Changes in Net
Working Capital
4. Cash...
Ivanhoe Company provides you with the following balance sheet
information as of December 31, 2017.
Current...
Ivanhoe Company provides you with the following balance sheet
information as of December 31, 2017.
Current assets
$12,100
Current
liabilities
$13,700
Long-term
assets
29,300
Long-term
liabilities
12,900
Total assets
$41,400
Stockholders’
equity
14,800
Total liabilities and stockholders’ equity
$41,400
In addition, Ivanhoe reported net income for 2017 of $19,000,
income tax expense of $3,400, and interest expense of $1,600.
Compute the current ratio and working capital for Ivanhoe for
2017. (Round current ratio to 2 decimal places, e.g.
2.75. Enter...