V
Use Worksheet 6.1. Alyssa Clark is evaluating
her debt safety ratio. Her monthly take-home pay...
V
Use Worksheet 6.1. Alyssa Clark is evaluating
her debt safety ratio. Her monthly take-home pay is $2,710. Each
month, she pays $280 for an auto loan, $110 on a personal line of
credit, $80 on a department store charge card, and $105 on her bank
credit card. Complete Worksheet 6.1 by listing Alyssa's outstanding
debts.
Calculate her debt safety ratio. Round the answer to 1 decimal
place. Enter debt safety ratio as a percentage.
%
Given her current take-home...
Calculate the quick ratio using the following
information. (Round to two decimal places.)
Cash
$50,000
Accounts...
Calculate the quick ratio using the following
information. (Round to two decimal places.)
Cash
$50,000
Accounts receivable
$130,000
Inventories
$210,000
Prepaid assets
$15,000
Current liabilities
$200,000
a.0.98
b.2.50
c.0.90
d.1.35
The ability of a company to pay debts as they become due
is best analyzed using:
a.net cash flows from operating activities.
b.accrual accounting.
c.the cash inflows from financing activities.
d.the cash basis of accounting.
Which of the following is true of the accrual basis of
accounting?
a.Only individuals and...
SHOW YOUR WORK FOR CALCULATION PROBLEMS
Given the following information, calculate: (a) current ratio,
(b) quick/acid-test...
SHOW YOUR WORK FOR CALCULATION PROBLEMS
Given the following information, calculate: (a) current ratio,
(b) quick/acid-test ratio, (c) Total debt or leverage ratio, (d)
Return on Assets, (e) Net Margin, (f) Return on Equity, (g) Asset
Turnover, (h) Earnings Retention Ratio
SUMMARY BALANCE SHEET
ASSETS LIABILITIES
& SH EQUITY
Cash & Equivalents $2,000 Accounts
Payable $6,000
Accounts Receivable 7,000 Notes
Payable 4,000
Inventory 5,000 Current
Liabilities $10,000
Current Assets $14,000
Prepaid Expense
$2,000 Long-term
Debt $9,000
P, P & E
(net) $20,000 SH
Equity $17,000
Total
Assets $36,000 Total
Liab & SH Eq...
Given the following Financial Information Answer the following
question:
2017
2018
Cash
7,000
218,462
Accounts Receivable...
Given the following Financial Information Answer the following
question:
2017
2018
Cash
7,000
218,462
Accounts Receivable
8,000
8,800
Inventory
4,000
4,400
Prepaid Assets
3,000
3,300
Other Assets
1,000
1,100
Total Current Assets
23,000
236,062
Net PPE
80,000
14,000
Intangibles
4,000
4,000
Total Assets
107,000
254,062
Accounts Payable
8,000
8,800
Salary Payable
1,000
1,100
Notes Payable
3,000
3,000
Total Current Liabilities
12,000
12,900
Long-Term Debt
50,000
50,000
Total Liabilities
62,000
62,900
Common Stock
70,000
70,000
Retained Earnings
-25,000
121,162
total equity...
Please Calculate the following ratios:
Asset turnover
Operating profit margin
Long-term debt to equity ratio
Current...
Please Calculate the following ratios:
Asset turnover
Operating profit margin
Long-term debt to equity ratio
Current ratio
The Home Depot, Inc. Income Statement
All
numbers in thousands
Revenue
1/29/17
1/31/16
Total
Revenue
94,595,000
88,519,000
Cost of
Revenue
62,282,000
58,254,000
Gross
Profit
32,313,000
30,265,000
Operating
Expenses
Research
Development
-
-
Selling
General and Administrative
17,132,000
16,801,000
Non
Recurring
-
-
Others
1,754,000
1,690,000
Total
Operating Expenses
-
-
Operating Income or Loss
13,427,000
11,774,000
Income from
Continuing Operations
Total
Other Income/Expenses...
Use the following selected financial information for Wilcox
Corporation to answer questions 3-13. Show your calculations....
Use the following selected financial information for Wilcox
Corporation to answer questions 3-13. Show your calculations.
Wilcox Corporation
Income Statement
For the Year Ended December 31, 2015
Net
sales
$2,870
Cost of goods
sold
1,985
Gross
profit
$ 885
Operating
expenses
620
Operating
profit
$ 265
Interest
expense
40
Earnings before
taxes
$ 225
Income tax
expense
80
Net
profit
$ 145
Wilcox Corporation
Balance Sheet
December 31, 2015
Assets
Liabilities and stockholders' equity...
Problem 15-15 Comprehensive Ratio Analysis [LO15-2, LO15-3,
LO15-4, LO15-5, LO15-6]
[The following information applies to the...
Problem 15-15 Comprehensive Ratio Analysis [LO15-2, LO15-3,
LO15-4, LO15-5, LO15-6]
[The following information applies to the questions
displayed below.]
You have just been hired as a financial analyst for Lydex
Company, a manufacturer of safety helmets. Your boss has asked you
to perform a comprehensive analysis of the company’s financial
statements, including comparing Lydex’s performance to its major
competitors. The company’s financial statements for the last two
years are as follows:
Lydex Company
Comparative Balance Sheet
This Year
Last Year...
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...