Fon Company has the following operating data for the past
year:
Sales
$714,000
Variable Cost
$250,000...
Fon Company has the following operating data for the past
year:
Sales
$714,000
Variable Cost
$250,000
Fixed Cost
$100,000
Minimum required rate of return
16%
Balance Sheet Data for beginning and end of year:
Assets
Beginning
Ending
Cash
$5,000
$5,000
Accounts Receivable
$35,000
$40,000
Inventory
$90,000
$95,000
Net PP&E
$100,000
$115,000
Land (held for future use)
$40,000
$40,000
Investments in affiliates
$5,000
$0
Total Assets
$275,000
$295,000
Liabilities & SH Equity
Short Term Debt
$22,000
$27,000
Long Term Debt
$116,000...
Falcon Company has the following operating data for the past
year:
Sales
$783,000
Variable Cost
$250,000...
Falcon Company has the following operating data for the past
year:
Sales
$783,000
Variable Cost
$250,000
Fixed Cost
$100,000
Minimum required rate of return
11%
Balance Sheet Data for beginning and end of year:
Assets
Beginning
Ending
Cash
$5,000
$5,000
Accounts Receivable
$35,000
$40,000
Inventory
$90,000
$95,000
Net PP&E
$100,000
$115,000
Land (held for future use)
$40,000
$40,000
Investments in affiliates
$5,000
$0
Total Assets
$275,000
$295,000
Liabilities & SH Equity
Short Term Debt
$22,000
$27,000
Long Term Debt
$116,000...
"Flynn Plastics Company reports the following data in its May
30, 2020 financial statements:
Gross sales...
"Flynn Plastics Company reports the following data in its May
30, 2020 financial statements:
Gross sales $225,000
Current assets $ 40,000
Long-term assets $100,000
Current liabilities $16,000
Long-term liabilities $44,000
Owners' equity $80,000
Net income $7,200
Number of common shares 5,000
Compute the following ratios: current ratio , debt-to-equity ,
return on owners’ equity , and earnings per share .
can you please answer question 14-17. thank you, please
show your work.
Using the following information...
can you please answer question 14-17. thank you, please
show your work.
Using the following information find the ratios listed:
Hamilton Company
Comparative Balance Sheets
December 31, 2018 and December 31, 2019
Assets
2018
2019
Difference
Cash
15,000
47,000
32,000
Accounts Receivable
55,000
47,000
(8,000)
Inventory
110,000
144,000
34,000
Prepaid Expenses
5,000
1,000
(4,000)
Long term investments
127,000
115,000
(12,000)
Land
55,000
55,000...
Can you please answer question 5-8. Thank you please
show your work.
Using the following information...
Can you please answer question 5-8. Thank you please
show your work.
Using the following information find the ratios listed:
Hamilton Company
Comparative Balance Sheets
December 31, 2018 and December 31, 2019
Assets
2018
2019
Difference
Cash
15,000
47,000
32,000
Accounts Receivable
55,000
47,000
(8,000)
Inventory
110,000
144,000
34,000
Prepaid Expenses
5,000
1,000
(4,000)
Long term investments
127,000
115,000
(12,000)
Land
55,000
55,000...
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance Sheet
Beginning
Balance
Ending
Balance
Assets
Cash
$
127,000
$
137,000
Accounts receivable
334,000
487,000
Inventory
568,000
482,000
Plant and equipment, net
841,000
804,000
Investment in Buisson, S.A.
391,000
429,000
Land (undeveloped)
255,000
254,000
Total assets
$
2,516,000
$
2,593,000
Liabilities
and Stockholders' Equity
Accounts payable
$
386,000
$
332,000
Long-term debt
955,000
955,000
Stockholders' equity
1,175,000
1,306,000
Total liabilities and
stockholders' equity
$...
I need correct Answers ASAP Please..
2
A division's operating data for the past two years...
I need correct Answers ASAP Please..
2
A division's operating data for the past two years is as
follows:
Year 1
Year 2
Return on investment
14%
18%
Net operating income
?
$180,000
Turnover
?
2
Margin
?
?
Sales
$1,000,000
?
In Year 2 the margin was twice as much as the margin in Year 1.
How much was the division’s Net Operating Income for Year 1?
Multiple Choice
$180,000
$140,000
$45,000
$90,000
3. Financial data for Guyer Corporation,...
. Financial data for Deep Blue Saline Ltd. for last year appear
below: Deep Blue Saline...
. Financial data for Deep Blue Saline Ltd. for last year appear
below: Deep Blue Saline Ltd. Balance Sheet Beginning Ending Assets:
Balance Balance Cash $110,000 $143,000 Accounts receivable 115,000
100,000 Inventory 60,000 60,000 Plant and equipment (net) 190,000
160,000 Investment in Balsam Company 45,000 55,000 Land
(undeveloped) 110,000 110,000 Total assets $630,000 $628,000
Liabilities and owners’ equity: Accounts payable $ 80,000 $ 90,000
Long-term debt 470,000 450,000 Owners’ equity 80,000 88,000 Total
liabilities and owners’ equity $630,000 $628,000 Deep...
Sweet Candy Corp. has prepared the following financial
statements:
Sweet Candy Corp.
Sweet Candy Corp.
Income...
Sweet Candy Corp. has prepared the following financial
statements:
Sweet Candy Corp.
Sweet Candy Corp.
Income Statement
Balance Sheet
For the Year Ended Dec. 31 2017
As of Dec. 31 2017
2017
2016
Assets
2017
2016
Sales
3,074,000
2,567,000
Cash
431,000
339,000
Cost of Goods Sold
2,088,000
1,711,000
Accounts Receivable
503,000
365,000
Gross Profit
986,000
856,000
Inventories
289,000
300,000
Selling and G&A Expenses
294,000
295,000
Total Current Assets
1,223,000
1,004,000
Fixed Expenses
35,000
35,000
Gross Fixed Assets
4,669,000
4,322,000
Depreciation...
Whitson Hog Heaven Inc. has the following capital budgeting
opportunities this year. The following are the...
Whitson Hog Heaven Inc. has the following capital budgeting
opportunities this year. The following are the IRR and
corresponding investments required by the projects listed
below:
Project
IRR
Investment
A
10%
$1,000
B
13%
$3.000
C
14%
$2,000
D
9%
$5,000
E
15%
$9,000
Whitson’s balance sheet is:
Assets
$600,000
Liabilities: $500,000
Equity
$100,000
Whitson has available to him 3 sources of debt. Short term...