What is the Return on Assets?
2016 (Thousands of
Dollars, except Eaning per Share)
Sales Revenue...
What is the Return on Assets?
2016 (Thousands of
Dollars, except Eaning per Share)
Sales Revenue
210,000.00
cost of goods sold
125,000.00
Net inocme
8,300.00
Dividends
2,600.00
Earning pear share
4.15
Hi-Tech Instruments Inc
Balance Sheets
Thoursands of Dollars
31-Dec-16
31-Dec-15
Assets
Cash
18,300
18,000
Accoutns receivable (net)
46,000
41,000
Inventory
39,500
43,700
Total Current Assets
103,800
102,700
Plant Assets (net)
52,600
50,500
Other assets...
Earnings per Share The following financial data is from Hi-Tech
Instruments' financial statements (thousands of dollars,...
Earnings per Share The following financial data is from Hi-Tech
Instruments' financial statements (thousands of dollars, except
earnings per share.) 2016 Sales revenue $210,000 Cost of goods sold
125,000 Net income 9,100 Dividends 3,400 Earnings per share 4.55
Hi-Tech Instruments, Inc. Balance Sheet (Thousands of Dollars) Dec.
31, 2016 Dec. 31, 2015 Assets Cash $18,300 $18,000 Accounts
receivable (net) 46,000 41,000 Inventory 39,500 43,700 Total
current assets 103,800 102,700 Plant assets (net) 52,600 50,500
Other assets 15,600 13,800 Total assets...
The following financial data is from Hi-Tech Instruments'
financial statements (thousands of dollars, except earnings per...
The following financial data is from Hi-Tech Instruments'
financial statements (thousands of dollars, except earnings per
share.)
2016
Sales revenue
$210,000
Cost of goods sold
125,000
Net income
8,300
Dividends
2,600
Earnings per share
4.15
Hi-Tech Instruments,
Inc.
Balance Sheet
(Thousands of Dollars)
Dec. 31, 2016
Dec. 31, 2015
Assets
Cash
19,300
$18,000
Accounts receivable (net)
46,000
41,000
Inventory
39,500
43,700
Total current assets
104,800
102,700
Plant assets (net)
52,600
50,500
Other assets
15,600
13,800
Total assets
173,000
$167,000
Liabilities...
Return on Assets
The following financial data is from Hi-Tech Instruments' financial
statements (thousands of dollars,...
Return on Assets
The following financial data is from Hi-Tech Instruments' financial
statements (thousands of dollars, except earnings per share.)
2016
Sales revenue
$210,000
Cost of goods sold
125,000
Net income
9,300
Dividends
3,600
Earnings per share
4.65
Hi-Tech
Instruments, Inc.
Balance Sheet
(Thousands of Dollars)
Dec. 31, 2016
Dec. 31, 2015
Assets
Cash
$19,800
$18,000
Accounts receivable (net)
46,000
41,000
Inventory
39,500
43,700
Total current assets
105,300
102,700
Plant assets (net)
52,600
50,500
Other assets
15,600
13,800
Total assets...
Accounts Receivable Turnover
The following financial data is from Hi-Tech Instruments' financial
statements (thousands of dollars,...
Accounts Receivable Turnover
The following financial data is from Hi-Tech Instruments' financial
statements (thousands of dollars, except earnings per share.)
2016
Sales revenue
$209,000
Cost of goods sold
125,000
Net income
8,300
Dividends
2,600
Earnings per share
4.15
Hi-Tech Instruments,
Inc.
Balance Sheet
(Thousands of Dollars)
Dec. 31, 2016
Dec. 31, 2015
Assets
Cash
$18,300
$18,000
Accounts receivable (net)
45,000
40,000
Inventory
39,500
43,700
Total current assets
102,800
101,700
Plant assets (net)
52,600
50,500
Other assets
15,600
13,800
Total assets...
KNOX INSTRUMENTS, INC.
BALANCE SHEETS
(THOUSANDS OF DOLLARS)
&
KNOX INSTRUMENTS, INC.
BALANCE SHEETS
(THOUSANDS OF DOLLARS)
Dec. 31,
Dec. 31,
Assets
1993
1992
Cash
$ 3,000
$ 2,900
Accounts Receivable
(Net)
28,000
28,800
Inventory
64,000
44,000
Plant
Assets
76,000
67,300
Total
Assets
$171,000 $143,000
Liabilities and Stockholder’s Equity
Current
Liabilities
$ 45,200 $
39,750
10% Bonds
Payable
20,000
14,000
Total
Liabilities
$ 65,200 $
53,750
Common Stock, $10 Par
Value
$ 40,000 $
30,000
Retained...
What is the earnings per share?
Orange Inc.’s common stock
sold for $2.75 per share at...
What is the earnings per share?
Orange Inc.’s common stock
sold for $2.75 per share at the end of this year. The company paid
a common stock dividend of $0.55 per share this year.
It also provided the following data excerpts from this
year’s financial statements:
Ending Balance
Beginning Balance
Cash
$35,000
$30,000
Accounts receivable
$60,000
$50,000
Inventory
$55,000
$60,000
Current assets
$ 150,000
$ 140,000
Total assets
$450,000
$460,000
Current liabilities
$60,000
$40,000
Total liabilities
$ 130,000
$ 120,000...
Amounts are in thousands of dollars (except number of shares and
price per share):
Kiwi Fruit...
Amounts are in thousands of dollars (except number of shares and
price per share):
Kiwi Fruit Company Balance Sheet
Cash and equivalents
$620
Operating assets
800
Property, plant, and equipment
3,200
Other assets
185
Total assets
$4,805
Current liabilities
$1,040
Long-term debt
1,635
Other liabilities
195
Total liabilities
$2,870
Paid in capital
$415
Retained earnings
1,520
Total equity
$1,935
Total liabilities and equity
$4,805
Kiwi Fruit Company Income Statement
Net sales
$8,100
Cost of goods sold
−6,700
Gross profit
$1,400...
Amounts are in thousands of dollars (except number of shares and
price per share):
Kiwi Fruit...
Amounts are in thousands of dollars (except number of shares and
price per share):
Kiwi Fruit Company Balance Sheet
Cash and equivalents
$
470
Operating assets
730
Property, plant, and equipment
2,900
Other assets
150
Total assets
$
4,250
Current liabilities
$
980
Long-term debt
1,280
Other liabilities
160
Total liabilities
$
2,420
Paid in capital
$
380
Retained earnings
1,450
Total equity
$
1,830
Total liabilities and equity
$
4,250
Kiwi Fruit Company Income Statement
Net sales
$
9,600...
Amounts are in thousands of dollars (except number of shares and
price per share):
Kiwi Fruit...
Amounts are in thousands of dollars (except number of shares and
price per share):
Kiwi Fruit Company Balance Sheet
Cash and equivalents
$
480
Operating assets
760
Property, plant, and equipment
3,000
Other assets
165
Total assets
$
4,405
Current liabilities
$
980
Long-term debt
1,375
Other liabilities
175
Total liabilities
$
2,530
Paid in capital
$
395
Retained earnings
1,480
Total equity
$
1,875
Total liabilities and equity
$
4,405
Kiwi Fruit Company Income Statement
Net sales
$
6,700...