Use the following data to calculate the requested ratio or
percent (with 1 decimal place): $84,000...
Use the following data to calculate the requested ratio or
percent (with 1 decimal place): $84,000 cash; $128,000 accounts
receivable; $290,000 total current assets; $350,000 total assets;
$112,000 total current liabilities; $130,000 total liabilities;
$280,000 cost of goods sold; $62,000 beginning inventory; $65,000
ending inventory; $455,000 net sales; $35,000 net income, before
tax; $29,000 net income, after tax; and $220,000 stockholder s
equity. What is the debt to asset ratio?
37.10%
1.30%
38.60%
32.00%
28.40%
Use the following data to...
RETURN ON EQUITY AND QUICK RATIO
Lloyd Inc. has sales of $650,000, a net income of...
RETURN ON EQUITY AND QUICK RATIO
Lloyd Inc. has sales of $650,000, a net income of $78,000, and
the following balance sheet:
Cash
$130,390
Accounts payable
$110,500
Receivables
218,790
Notes payable to bank
88,400
Inventories
430,950
Total current liabilities
$198,900
Total current assets
$780,130
Long-term debt
204,425
Net fixed assets
324,870
Common equity
701,675
Total assets
$1,105,000
Total liabilities and equity
$1,105,000
The new owner thinks that inventories are excessive and can be
lowered...
Calculate Return on equity (ROE), Return on assets (ROA), Net
Profit Margin (NPM), Debt ratio, and...
Calculate Return on equity (ROE), Return on assets (ROA), Net
Profit Margin (NPM), Debt ratio, and Total assets turnover for 2018
and 2019. Explain why ROE is lower in 2019 than in 2018 (explain in
terms of each ratio in DuPont equation for ROE).
Income Statements ($ in millions)
Balance Sheets ($ in millions)
2018
2019
Assets
2018
2019
Sales Revenue
$2,580
$2,865
Cash
$70
$50
Less: Cost of goods sold
$1,060
$1,500
Short-Term investments
$35
$9
Less: Operating Expenses...
Net sales
$7,245,088
$6,944,296
$6,149,218
Cost of goods sold
(5,286,253)
(4,953,556)
(4,355,675)
Gross margin
$1,958,835
$1,990,740...
Net sales
$7,245,088
$6,944,296
$6,149,218
Cost of goods sold
(5,286,253)
(4,953,556)
(4,355,675)
Gross margin
$1,958,835
$1,990,740
$1,793,543
General and administrative
expenses
(1,259,896)
(1,202,042)
(1,080,843)
Special and nonrecurring items
2,617
-
-
Operating income
$701,556
$788,698
$712,700
Interest expense
(63,685)
(62,398)
(63,927)
Other income
7,308
10,080
11,529
Gain on sale of investments
-
9,117
-
Income before income taxes
$645,179
$745,497
$660,302
Provision for income taxes
254,000
290,000
257,000
Net income
$391,179
$455,497
$403,302
Net income per share
$1.08
$1.25
$1.11...
Based on Jim's expectation of 9.9% sales growth and payout
ratio of 89.86% of net income...
Based on Jim's expectation of 9.9% sales growth and payout
ratio of 89.86% of net income next year, Jim developed the pro
forma financial statements given below. What is the amount of net
new financing needed for Jim's Espresso?
Income Statement Balance Sheet
Sales $222,405 Assets
Costs Except Depreciation (109,120) Cash and
Equivalents $16,375
EBITDA $113,285 Accounts
Receivable 2,308
Depreciation (6,616) Inventories
4,484
EBIT $106,669 Total Current Assets
$23,167
Interest Expense (net) (429) Property, Plant, and
Equipment ...
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...
RETURN ON EQUITY AND QUICK RATIO
Lloyd Inc. has sales of $300,000, a net income of...
RETURN ON EQUITY AND QUICK RATIO
Lloyd Inc. has sales of $300,000, a net income of $33,000, and
the following balance sheet:
Cash $38,400 Accounts payable $52,800
Receivables 84,480 Notes payable to bank 20,640
Inventories 211,200 Total current liabilities $73,440
Total current assets $334,080 Long-term debt 88,800
Net fixed assets 145,920 Common equity 317,760
Total assets $480,000 Total liabilities and equity $480,000
The new owner thinks that inventories are excessive and can be
lowered to the point where the current...
Please calculate the following ratios:
Current ratio
debt to asset ratio
quick ratio
EXAMPLE COMPANY
ASSETS...
Please calculate the following ratios:
Current ratio
debt to asset ratio
quick ratio
EXAMPLE COMPANY
ASSETS LIABILITIES
TOTAL CURRENT ASSETS=89,000 TOTAL CURRENT LIABILITIES =
61,000
INVESTMENT =36,000 TOTAL LONG TERM LIABILITIES = 420,000
PROPERTY,PLANT &EQUIP TOTAL LIABILITIES= 481,000
LAND = 5,500 STOCKHOLDERS EQUITY
LAND IMPROVEMENTS = 6,500 COMMON STOCKS =110,000
BUILDINGS = 180,000 RETAINED EARNING = 220,000
EQUIPMENT = 201,000 ACCUM OTHER COMPREHENSIVE INCOME = 9,000
LESS: ACCUM DEPRECIATION = (56,000) LESS: TREASURY STOCK =
(50,000)
PROP,PLANT,EQUIP NET TOTAL= 337,000...
Lloyd Inc. has sales of $750,000, a net income of $67,500, and
the following balance sheet:...
Lloyd Inc. has sales of $750,000, a net income of $67,500, and
the following balance sheet: Cash $168,000 Accounts payable
$171,000 Receivables 261,000 Notes payable to bank 45,000
Inventories 855,000 Total current liabilities $216,000 Total
current assets $1,284,000 Long-term debt 249,000 Net fixed assets
216,000 Common equity 1,035,000 Total assets $1,500,000 Total
liabilities and equity $1,500,000 The new owner thinks that
inventories are excessive and can be lowered to the point where the
current ratio is equal to the industry...