Return Ratios and Leverage
The following selected data are taken from the financial
statements of Cedar...
Return Ratios and Leverage
The following selected data are taken from the financial
statements of Cedar Industries:
Sales revenue
$654,000
Cost of goods sold
392,000
Gross profit
$262,000
Selling and administrative expense
100,000
Operating income
$162,000
Interest expense
50,000
Income before tax
$112,000
Income tax expense (40%)
44,800
Net income
$67,200
Accounts payable
$45,000
Accrued liabilities
70,000
Income taxes payable
10,000
Interest payable
25,000
Short-term loans payable
150,000
Total current liabilities
$300,000
Long-term bonds payable
$500,000
Preferred stock, 10%, $100...
Review the financial statements for Jones Inc. and the
comparative financial ratios for the year-end review....
Review the financial statements for Jones Inc. and the
comparative financial ratios for the year-end review. Enter your
calculations and written analysis directly into the template, and
show or explain your work where appropriate.
Problem 1. Calculate the firm's 2015 financial ratios for
liquidity, activity (asset management), leverage (debt), and
profitability.
Problem 2. Analyze the firm's performance from both time-series
and cross-sectional points of view using the key financial ratios
provided in the template.
Problems 1 and
2
BALANCE SHEET...
The balance sheet and income statement for the A. Thiel Mfg.
Company are as follows:
Balance...
The balance sheet and income statement for the A. Thiel Mfg.
Company are as follows:
Balance Sheet ($000)
Cash
$ 500
Accounts receivable
2,000
Inventories
1,000
Current assets
$3,500
Net fixed assets
4,500
Total assets
$8,000
Accounts payable
$1,100
Accrued expenses
600
Short-term notes payable
300
Current liabilities
$2,000
Long-term debt
2,000
Owners’ equity
4,000
Total liabilities and owners’ equity
$8,000
Income Statement ($000)
Sales (all credit)
$8,000
Cost of goods sold
(3,300)
Gross profit
$4,700
Operating expenses (includes $500...
Return Ratios and Leverage
The following selected data are taken from the financial
statements of Redwood...
Return Ratios and Leverage
The following selected data are taken from the financial
statements of Redwood Enterprises:
Sales revenue
$649,000
Cost of goods sold
363,000
Gross
profit
$286,000
Selling and administrative
expense
100,000
Operating
income
$186,000
Interest expense
50,000
Income
before tax
$136,000
Income tax expense (40%)
54,400
Net
income
$81,600
Accounts payable
$45,000
Accrued liabilities
70,000
Income taxes payable
10,000
Interest payable
25,000
Short-term loans payable
150,000
Total
current liabilities
$300,000
Long-term bonds payable
$500,000
Preferred stock, 10%, $100...
Return Ratios and Leverage
The following selected data are taken from the financial
statements of Cedar...
Return Ratios and Leverage
The following selected data are taken from the financial
statements of Cedar Industries:
Sales revenue
$642,000
Cost of goods sold
365,000
Gross profit
$277,000
Selling and administrative expense
100,000
Operating income
$177,000
Interest expense
50,000
Income before tax
$127,000
Income tax expense (40%)
50,800
Net income
$76,200
Accounts payable
$45,000
Accrued liabilities
70,000
Income taxes payable
10,000
Interest payable
25,000
Short-term loans payable
150,000
Total current liabilities
$300,000
Long-term bonds payable
$500,000
Preferred stock, 10%, $100...
Exercise 13-4 Financial Ratios for Debt Management [LO13-4]
Comparative financial statements for Weller Corporation, a
merchandising...
Exercise 13-4 Financial Ratios for Debt Management [LO13-4]
Comparative financial statements for Weller Corporation, a
merchandising company, for the year ending December 31 appear
below. The company did not issue any new common stock during the
year. A total of 500,000 shares of common stock were outstanding.
The interest rate on the bonds, which were sold at their face
value, was 10%. The income tax rate was 40% and the dividend per
share of common stock was $0.40 this year....
Use the following information from Cersie Company to create the
Cash Flow from Operations Section of...
Use the following information from Cersie Company to create the
Cash Flow from Operations Section of the Cash Flow Statement using
the indirect method. Note: You may not have sufficient information
to prepare a complete cash flow statement but you do have enough to
do just the Cash Flow from Operations section.
Cersei Company
Income Statement
For the Year Ended December 31, 2019
Net Sales Revenue
$325,000
Cost of Goods Sold
222,000
Gross Profit
$103,000
Operating Expenses:
Selling Expenses
Commission...
Under Armour Inc.
Consolidated Statement
of Income
Dec. 31,
2015
Net Revenues
3,963,313
Cost of goods...
Under Armour Inc.
Consolidated Statement
of Income
Dec. 31,
2015
Net Revenues
3,963,313
Cost of goods sold
2,057,766
Gross profit
1,905,547
Selling, general and
administrative expenses
1,497,000
Income from operations
408,547
Interest expense, net
-14,628
Other expense, net
-7,234
Income before income taxes
386,685
Provision for income taxes
154,112
Net income
232,573
Under Armour Inc.
Consolidated Balance
Sheet
Dec. 31,
2015
Dec. 31,
2014
Assets
Cash and cash equivalents
129,852
593,175
Accounts receivable, net
433,638
279,835
Inventories
783,031
536,714
Prepaid...
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...