Answer the following questions:
Question A
If the sales of a firm increase while all other...
Answer the following questions:
Question A
If the sales of a firm increase while all other components of
ROE remain unchanged including ROE itself, you would expect the
firm's:
A)
ROA to increase
B)
Equity multiplier to increase
C)
Profit margin to increase
D)
Total asset turnover to increase
E)
None of the above.
Question B
In words, what does a firm's PE ratio of $15 mean?
A)
For each $1 of EBIT generated by the firm per share,
shareholders...
In the Balance Sheet below determine the unknown values.
Cash
 
In the Balance Sheet below determine the unknown values.
Cash
$50,000
Accounts
Payable
$125.000
Accounts
receivable
100,000
Notes
Payable
50,000
Inventory
80,000
Total Short Term
Debt
?
Total Current
Assets
Mortgages
350,000
Plant
500,000
Long Term
Notes
175,000
Net
Equipment
?
Total Long Term
Debt
?
Stockholders
Equity
?
Total
Assets
?
Total Debt &
Equity
775,000
In the previous question, if the Book Value of the Equipment is
$65,000 what is the value of the...
QUESTION 1
Co. XYZ Balance Sheet
Assets:
Cash and marketable
securities &nbs
QUESTION 1
Co. XYZ Balance Sheet
Assets:
Cash and marketable
securities $300,000
Accounts
receivable 1,125,000
Inventories 1,837,500
Prepaid
expenses 24,000
Total current
assets $3,286,500
Fixed
assets 2,700,000
Less: accumulated
depreciation 1,087,500
Net fixed
assets $1,612,500
Total
assets $4,899,000
Liabilities:
Accounts
payable $240,000
Notes
payable 825,000
Accrued
taxes 42,000
Total current
liabilities $1,107,000
Long-term
debt 975,000
Owner’s
equity 2,817,000
Total liabilities and owner’s
equity $4,899,000
Co. XYZ Income Statement
Net sales (all
credit) $6,375,000
Less: Cost of goods
sold 4,312,500
Selling and administrative
expense 1,387,500
Depreciation
expense 135,000
Interest
expense 127,000
Earnings before
taxes $
412,500
Income
taxes 225,000
Net
income $
188,000
Common stock...
The comparative balance sheet of Yellow Dog Enterprises Inc. at
December 31, 20Y8 and 20Y7, is...
The comparative balance sheet of Yellow Dog Enterprises Inc. at
December 31, 20Y8 and 20Y7, is as follows:
*NOTE: Please explain in detail how you got the answers. Thanks
in advance!
1
Dec. 31, 20Y8
Dec. 31, 20Y7
2
Assets
3
Cash
$80,000.00
$100,000.00
4
Accounts receivable (net)
275,000.00
300,000.00
5
Inventories
510,000.00
400,000.00
6
Prepaid expenses
15,000.00
10,000.00
7
Equipment
1,070,000.00
750,000.00
8
Accumulated depreciation-equipment
(200,000.00)
(160,000.00)
9
Total assets
$1,750,000.00
$1,400,000.00
10
Liabilities and Stockholders’ Equity
11
Accounts...
Use the common-size financial statements found here:
Common-Size Balance Sheet
2016
Cash and marketable securities
$...
Use the common-size financial statements found here:
Common-Size Balance Sheet
2016
Cash and marketable securities
$
460
1.4
%
Accounts receivable
6,040
18.3
Inventory
9,480
28.8
Total current assets
$
15,980
48.5
%
Net property, plant, and equipment
16,960
51.5
Total assets
$
32,940
100.0
%
Accounts payable
$
7,220
21.9
%
Short-term notes
6,790
20.6
Total current liabilities
$
14,010
42.5
%
Long-term liabilities
7,020
21.3
Total liabilities
$
21,030
63.8
%
Total common shareholders’ equity
11,910
36.2
Total...
Common-Size Balance Sheet
2016
Cash and marketable securities
$
490
1.5
%
Accounts receivable
6,000
18.2...
Common-Size Balance Sheet
2016
Cash and marketable securities
$
490
1.5
%
Accounts receivable
6,000
18.2
Inventory
9,490
28.8
Total current assets
$
15,980
48.4
%
Net property, plant, and equipment
17,020
51.6
Total assets
$
33,000
100.0
%
Accounts payable
$
7,210
21.8
%
Short-term notes
6,790
20.6
Total current liabilities
$
14,000
42.4
%
Long-term liabilities
6,970
21.1
Total liabilities
$
20,970
63.5
%
Total common shareholders’ equity
12,030
36.5
Total liabilities and shareholders’ equity
$
33,000
100.0...
Section 2:
Assume the following Balance Sheet for a company:
BALANCE SHEET
ASSETS
Cash $ 5,000...
Section 2:
Assume the following Balance Sheet for a company:
BALANCE SHEET
ASSETS
Cash $ 5,000
Accounts Receivable $125,000
Inventory $200,000
Land $70,000
Buildings $200,000
Less: Accumulated Depreciation $100,000
Total Assets $500,000
LIABILITIES AND EQUITY
Accounts Payable $100,000
Income Tax Payable $50,000
Mortgage Loan $200,000
Common Stock $100,000
Retained Earnings $50,000
Total Liabilities and Equity $500,000
Compute the current ratio for this company.
Group of answer choices
3.25
2.20
3.30
2.17
Using the same Balance Sheet from the prior question,...
4)
Common-Size Balance Sheet
2016
Cash and marketable securities
$
450
1.4
%
Accounts receivable
5,980...
4)
Common-Size Balance Sheet
2016
Cash and marketable securities
$
450
1.4
%
Accounts receivable
5,980
18.1
Inventory
9,530
28.9
Total current assets
$
15,960
48.3
%
Net property, plant, and equipment
17,050
51.7
Total assets
$
33,010
100.0
%
Accounts payable
$
7,220
21.9
%
Short-term notes
6,850
20.8
Total current liabilities
$
14,070
42.6
%
Long-term liabilities
7,010
21.2
Total liabilities
$
21,080
63.9
%
Total common shareholders’ equity
11,930
36.1
Total liabilities and shareholders’ equity
$
33,010...
5. Devon’s bookkeeper provided the
following balance sheet.
DEVON COMPANY
Balance Report for
the year ended...
5. Devon’s bookkeeper provided the
following balance sheet.
DEVON COMPANY
Balance Report for
the year ended December 31, 2016
Current Assets:
Cash
$ 58,000
Current Liabilities:
Accounts payable
$ 25,000
Accounts receivable
123,500
Accumulated
depreciation: buildings
20,000
Inventory, at higher
of cost or market (cost $29,850)
35,800
Wages payable
22,200
Sinking fund for
bond retirement
115,000
Additional paid-in
capital on common stock
100,000
Long-Term Investments:
Long-Term Liabilities:
Treasury stock (at cost)
55,500
Bonds payable
100,000
Investments in bonds
Marketable securities,...