Ratio of Liabilities to Stockholders' Equity and Ratio of Fixed
Assets to Long-Term Liabilities
Recent balance...
Ratio of Liabilities to Stockholders' Equity and Ratio of Fixed
Assets to Long-Term Liabilities
Recent balance sheet information for two companies in the food
industry, Santa Fe Company and Madrid Company, is as follows (in
thousands):
Santa Fe
Madrid
Net property, plant, and equipment
$299,760
$623,040
Current liabilities
258,839
786,135
Long-term debt
369,704
560,736
Other long-term liabilities
129,896
218,064
Stockholders' equity
161,370
306,850
a. Determine the ratio of liabilities to
stockholders' equity for both companies. Round to one decimal
place....
Long-Term Solvency Analysis
The following information was taken from Station Company's
balance sheet:
Fixed assets (net)...
Long-Term Solvency Analysis
The following information was taken from Station Company's
balance sheet:
Fixed assets (net)
$754,200
Long-term liabilities
419,000
Total liabilities
2,786,350
Total stockholders' equity
1,466,500
Determine the company's (a) ratio of fixed assets to long-term
liabilities and (b) ratio of liabilities to stockholders' equity.
If required, round your answers to one decimal place.
a. Ratio of fixed assets to long-term
liabilities
fill in the blank 1
b. Ratio of liabilities to stockholders'
equity
fill in the blank 2...
Hasbro, Inc. and Mattel, Inc., are the two largest toy companies
in North America. Condensed liabilities...
Hasbro, Inc. and Mattel, Inc., are the two largest toy companies
in North America. Condensed liabilities and stockholders' equity
from a recent balance sheet are shown for each company as follows
(in thousands): Hasbro Mattel Liabilities: Current liabilities
$3,207,000 $5,661,000 Long-term debt 1,726,600 2,247,000 Other
liabilities _ 1,078,500 Total liabilities $4,933,600 $8,986,500
Shareholders' equity: Common stock $240,000 $1,078,000 Additional
paid in capital 740,000 3,954,000 Retained earnings 4,605,000
4,074,000 Accumulated other comprehensive income (loss) and other
equity items 53,000 (659,000) Treasury...
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...
Pharoah Company provides you with the following balance sheet
information as of December 31, 2022.
Current...
Pharoah Company provides you with the following balance sheet
information as of December 31, 2022.
Current assets
$10,350
Current liabilities
$10,800
Long-term assets
23,850
Long-term liabilities
12,600
Total assets
$34,200
Stockholders’ equity
10,800
Total liabilities and stockholders’ equity
$34,200
In addition, Pharoah reported net income for 2022 of $14,400,
income tax expense of $2,880, and interest expense of $1,170.
Compute the current ratio and working capital for Pharoah for
2022. (Round current ratio to 2 decimal places, e.g.
2.75. Enter...
Balance sheet data for Alvarez Company on December 31, the end
of two recent fiscal years,...
Balance sheet data for Alvarez Company on December 31, the end
of two recent fiscal years, follows:
Current Year
Previous Year
Current assets
$260,710
$145,130
Property, plant, and equipment
496,190
454,320
Intangible assets
84,100
31,550
Current liabilities
159,790
88,340
Long-term liabilities
319,580
252,400
Common stock
100,920
100,960
Retained earnings
260,710
189,300
Prepare a comparative balance sheet for both years, stating each
asset as a percent of total assets and each liability and
stockholders' equity item as a percent of the...
Balance sheet data for Alvarez Company on December 31, the end
of two recent fiscal years,...
Balance sheet data for Alvarez Company on December 31, the end
of two recent fiscal years, follows:
Current Year
Previous Year
Current assets
$339,660
$202,230
Property, plant, and equipment
549,450
501,830
Intangible assets
109,890
44,940
Current liabilities
239,760
134,820
Long-term liabilities
339,660
284,620
Common stock
119,880
112,350
Retained earnings
299,700
217,210
Prepare a comparative balance sheet for both years, stating each
asset as a percent of total assets and each liability and
stockholders' equity item as a percent of the...
Balance sheet data for Alvarez Company on December 31, the end
of two recent fiscal years,...
Balance sheet data for Alvarez Company on December 31, the end
of two recent fiscal years, follows:
Current Year
Previous Year
Current assets
$287,300
$171,180
Property, plant, and equipment
473,200
424,780
Intangible assets
84,500
38,040
Current liabilities
194,350
107,780
Long-term liabilities
304,200
240,920
Common stock
76,050
76,080
Retained earnings
270,400
209,220
Prepare a comparative balance sheet for both years, stating each
asset as a percent of total assets and each liability and
stockholders' equity item as a percent of the...
Balance sheet data for Alvarez Company on December 31, the end
of two recent fiscal years,...
Balance sheet data for Alvarez Company on December 31, the end
of two recent fiscal years, follows:
Current Year
Previous Year
Current assets
$300,560
$172,380
Property, plant, and equipment
477,360
437,580
Intangible assets
106,080
53,040
Current liabilities
194,480
119,340
Long-term liabilities
353,600
258,570
Common stock
79,560
86,190
Retained earnings
256,360
198,900
Prepare a comparative balance sheet for both years, stating each
asset as a percent of total assets and each liability and
stockholders' equity item as a percent of the...
Balance sheet data for Alvarez Company on December 31, the end
of two recent fiscal years,...
Balance sheet data for Alvarez Company on December 31, the end
of two recent fiscal years, follows:
Current Year
Previous Year
Current assets
$273,600
$171,000
Property, plant, and equipment
528,960
458,280
Intangible assets
109,440
54,720
Current liabilities
209,760
109,440
Long-term liabilities
337,440
294,120
Common stock
91,200
88,920
Retained earnings
273,600
191,520
Prepare a comparative balance sheet for both years, stating each
asset as a percent of total assets and each liability and
stockholders' equity item as a percent of the...