Income Statement Balance Sheet Sales $4,800 Assets $14,200 Debt $ 9,900 Costs (3,180) Equity 4,300 Net income $1,620 Total $14,200 Total $14,200
Q: Following are some data from the financial statements of TIK Company and TOK, Inc.: TIK Company TOK…
A: "Since you have posted a question with multiple sub-parts, we will solve first three sub parts for…
Q: Cattail Corporation's financial statements for the fiscal year just ended are shown below: Cattail…
A: Costs ratio = Costs / Net sales = $350/1650 = 21.21%
Q: At the beginning of its fiscal year 2006, an analyst made the following forecast for General Mills…
A: Free Cash Flow:-Free Cash Flow is the cash a company generates after taking into consideration cash…
Q: The most recent financial statements for Mixton, Incorporated, are shown here: Income Statement…
A: Payout ratio=2500/6552%=38.16%
Q: Toyto Corp. has net working capital of $1,370, current liabilities of $3,720 and inventory of…
A: Net Working Capital: Cash, accounts receivable/customers' unpaid bills, and inventories of raw…
Q: he most recent financial statements for Kerch, Inc., are shown here (assuming no income taxes):…
A: External financing needed is the amount of additional funds required by the company to support the…
Q: Cattail Corporation's financial statements for the fiscal year just ended are shown below: Cattail…
A: Net sales Last year= 1400 Increase in sales= 14% Expected sales = 1400+14%* 1400…
Q: Last year Vaughn Corp. had sales of $310,000 and a net income of $17,574, and its year-end assets…
A: Du Pont equation ROE=NET PROFIT MARGIN X ASSETS TURNOVER RATIO X EQUITY MULTIPLIER
Q: . What was the depreciation expense?
A: Information Provided: Annual Revenue = $37,800 COGS = $23,200 Administrative expenses = $6300…
Q: The most recent financial statements for Tran Company are shown here: Income Statement Sales Costs $…
A: The sustainable growth rate (SGR) is the highest rate at which a company's earnings may expand…
Q: he most recent financial statements for Bello Co. are shown here: Income Statement Balance…
A: Given: Dividend payout ratio is 28%. The table is: Income statement Balance Sheet Sales…
Q: The most recent financial statements for Kerch, Incorporated, are shown here (assuming no income…
A: External finance needed = Total assets - Debt - Equity Total Assets = Total equity + Total…
Q: Following is information from Soar Corporation for Year 6 ($ in millions). Total revenue…
A: Net operating profit after tax also known as NOPAT can be calculated in following way. Net…
Q: The most recent financial statements for Incredible Edibles, Inc., are shown here (assuming no…
A:
Q: Borland, Inc., has a profit margin of 6.5 percent on sales of $22,600,000. Assume the firm has debt…
A: Return on assets (ROA) refers to the evaluation of the profitability of a company’s assets.
Q: Wims, Inc., has sales of $18.3 million, total assets of $13.3 million and total debt of $4.1…
A: Solution:- Net income means the amount the company is earning its profits ie. Revenues – total…
Q: The most recent financial statements for Zoso, Inc are shown here assuming no income taxes: income…
A: Formulas: Additional Funds Needed = [A0 x (ΔS / S0)] - [L0 x (ΔS / S0)] - [S1 x PM x b] Where,Ao =…
Q: Consider the following simplified financial statements for the Wims Corporation (assuming no Income…
A: Income Statement Particulars Amount Sales (15% increase) (22,000 x 111%) 24,420 Less: Costs…
Q: Tibbs Inc. had the following data for the most recent year: Net income = $300; Net operating profit…
A: Return on Invested capital is the return or net income after taxes earned on the invested capital…
Q: DTO, Inc., has sales of $32 million, total assets of $25 million, and total debt of $7 million.…
A: given, sales = $32 million total assets = $25 million total debt = $7 million.
Q: Consider the following simplified financial statements for Turnbull Inc. - assuming no income taxes.…
A: 1. Pro Forma Income Statement: Sales (15% increase from current level. Hence projected sales is…
Q: Wims, Inc., has sales of $18.1 million, total assets of $13.1 million and total debt of $3.9…
A: Return on assets ratio shows the income earned by the organization from the resources invested in…
Q: 1) Projected sales are $6,006,000. 2) Cost of goods sold last year includes $998,000 in fixed costs.…
A: Under Judgmental approach of forecasting financial statements, the pro forma balance sheet uses…
Q: The Rossdale Company has a ratio of long-term debt to long-term debt plus equity of .34 and a…
A: We need to use DuPont equation to solve this problem ROE (DuPont formula) = Net profit margin *…
Q: Barnes' Brothers has the following data for the year ending 12/31/12: Net income = $550; Net…
A: Given, Net Income = $550 Net Operating Profit After Taxes (NOPAT) = $650 Total Assets = $2,700 Short…
Q: Incomplete financial statements for ABC Company arc as follows:
A: Financial Ratio shows the strengths and weakness of a company. From these ratios one can compare…
Q: The most recent financial statements for Mandy Company are shown here: Income Statement Sales Costs…
A: Solution:- Sustainable growth rate means the growth rate at which the company will grow in future…
Q: The most recent financial statements for GPS, Inc, are shown here: income statement: sales $23,300,…
A: Formulas:
Q: The figures shown in the table below are an extract from the accounts of Ridgeway (capital employed…
A: We have the following information: Revenue: $1,000,000 Cost of Sales: $400,000 Gross Profit:…
Q: Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. This year…
A: Net operating assets = Total Assets - Short term investments = 1285 - 135 =1150
Q: JBC Inc. has the following information reported by its chief accountant for the current year: Sales…
A: given information sales = $4,500,000 operating income = $505,000 total assets = $2,500,000 current…
Q: he most recent financial statements for Alexander Co. are shown here: Income Statement Balance…
A: Given: Income Statement Balance Sheet Sales $50,000 Current assets $78,300…
Q: Legget industries has total assets of $1,050,000 and total current liabilities (consisting only of…
A: Return on Equity (ROE) is the ratio used to calculate the profitability of the business in relation…
Q: SolidCo’s balance sheet for the most recent year end is below. Current Assets Cash: 3,000…
A: Quick assets = Total Current Assets - Inventory = 10,500 - 1,200 = 9300
Q: Example: Determine the financing needed for a company from the following information: 1- The total…
A: Financing seems to be the process of providing funds for commercial activities, acquisitions, or…
Q: HighTech Wireless just published its current income statement, which shows net income equal to…
A: Hightech has no debt it means no interest expense. Income before tax = Net income/(1 - tax rate)…
Q: Return Ratios and Leverage The following selected data are taken from the financial statements of…
A: Financial ratios are used to track company performance by performing quantitative analysis and…
Q: Last year Gray Corp. had net sales of $325,000 and a net income of $19,000, and its year-end assets…
A: Given, Sales = $325,000 Assets = $250,000 Net Income = $19,000 Debt-to-total-capital ratio = 45%
Q: The most recent financial statements for Mandy Company are shown here: Balance Sheet $11,760 Debt…
A: Solution:- Sustainable growth rate means the growth rate forever at which the company will grow in…
Q: The most recent financial statements for live co. Are shown here: income statement: sales $3,000,…
A: Calculation of internal growth rate: Answer: Internal growth rate is 5.15%
Q: The most recent financial statements for Minnie's Manufacturing Co. are shown below: Income…
A: Internal Growth Rate: A company's internal growth rate (IGR) is the greatest amount of growth that…
Q: You are given the following information for Smashville, Inc. Cost of goods sold: $ 224,000…
A: Given the following information: Cost of goods sold: $224,000 Investment income: $2,400 Net sales:…
The most recent financial statements for Bradley, Inc., are shown here (assuming no income taxes):Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year’s sales are projected to be $6,240. What is the external financing needed?
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- The comparative balance sheet of Merrick Equipment Co. for Dec. 31, 20Y9 and 20Y8, is:Dec. 31, 20Y9 Dec. 31, 20Y8AssetsCash $70,720 $47,940Accounts receivable (net) 207,230 188,190Inventories 298,520 289,850Investments 0 102,000Land 295,800 0Equipment 438,600 358,020Accumulated depreciation—equipment (99,110) (84,320)Total assets $1,211,760 $901,680Liabilities and Stockholders' EquityAccounts payable (merchandise creditors) $205,700 $194,140Accrued expenses payable (operating expenses) 30,600 26,860Dividends payable 25,500 20,400Common stock, $1 par 202,000 102,000Paid-in capital: Excess of issue price over par—common stock 354,000 204,000Retained earnings 393,960 354,280Total liabilities and stockholders' equity $1,211,760 $901,680The income statement for the year ended December 31, 20Y9, is as follows:Sales $2,023,898Cost of goods sold 1,245,476Gross profit $778,422Operating expenses:Depreciation expense $14,790Other operating expenses 517,299Total operating expenses 532,089Operating…Calculate the proprietary ratio from the following information: Fixed Assets 12,80,000 Current Assets 7,20,000 8% Debentures 5,60,000 10% Mortgage loan 3,30,000 Bank overdraft2,20,000 Trade payabletrade 1,90,000XYZ provided the following financial information: XYZBalance SheetAs of 12/31/19 Assets: Liabilities and Equity: Cash and marketable securities $27,476 Accounts payable and accruals $154,860 Accounts receivable $143,519 Short-term notes payable $21,255 Inventory $212,379 Total current liabilities $176,115 Total current assets $383,374 Long term debt $155,510 Net plant and equipment $602,704 Total liabilities $331,625 Goodwill and other assets $42,422 Common stock $312,719 Retained earnings $384,156 Total assets $1,028,500 Total liabilities and equity $1,028,500 In addition, it was reported that the firm had a net income of: $158,402 and net sales of: $4,272,431 Calculate the following ratios for this firm (Use 365 days for calculation. Round answers to 2 decimal places, e.g. 52.75.): Current Ratio ? times…
- Consider this simplified balance sheet for Geomorph Trading: Current assets $ 120 Current liabilities $ 70 Long-term assets 520 Long-term debt 270 Other liabilities 90 Equity 210 $ 640 $ 640 Required: What is the company’s debt-equity ratio? Note: Round your answer to 2 decimal places.Selected ratios formulars Unilever 2021 BOPP 2021 ROCE PBIT / net assets * 100 (32,424/39,406 *100 = - 82% 102,154 / 192,758 *100 =53% Net Assets Turnover Revenue / Net Assets 526,912 / 39,406 = 13 times 214,174 / 192,758 = 1 time Gross Profit Margin Gross profit / revenue *100 97,046 / 526,912 *100 18.4% 115,462 / 214,174 * 100 54% Net Profit Before Tax PBT / revenue * 100 (35,005) / 526,912* 100 = -6.6% 104,778 / 214,174* 100 =48.9% Current Ratio Current assets / current liabilities 214,665/341,171 = 0.5 139,104 / 30,368 = 4.5 Quick Ratio Current assets – inventory / current liabilities 214,665-91,627 /341,171 = 0.4 139,104 -13,248/ 30,368 = 4.1 Inventory Days Inventory / cost of sales * 365 days 91,627/ 429,866 *365 = 77 days 13,248 / 101,397 *365 = 47 days Receivable Days Receivables / cost of sales * 365 days 24,515 / 429,866 *365 =20 days 92,860 / 101,397 *365 =334 days Payable Days…Current Attempt in Progress XYZ provided the following financial information: XYZBalance SheetAs of 12/31/19 Assets: Liabilities and Equity: Cash and marketable securities $27,476 Accounts payable and accruals $154,860 Accounts receivable $143,519 Short-term notes payable $21,255 Inventory $212,379 Total current liabilities $176,115 Total current assets $383,374 Long term debt $155,510 Net plant and equipment $602,704 Total liabilities $331,625 Goodwill and other assets $42,422 Common stock $312,719 Retained earnings $384,156 Total assets $1,028,500 Total liabilities and equity $1,028,500 In addition, it was reported that the firm had a net income of: $158,402 and net sales of: $4,272,431 Calculate the following ratios for this firm (Use 365 days for calculation. Round answers to 2 decimal places, e.g.…
- SalesOperating costs (excluding depreciation and amortization) EBITDADepreciation and amortization Earnings before interest and taxes Interest Earnings before taxesTaxes (40%)Net income available to common stockholders Common dividendsSEBRINGCORPORATION: BALANCESHEETSFORYEARENDINGDECEMBER31 (FIGURES ARE STATED IN MILLIONS) Assets: Cash and marketable securities Accounts receivableInventories Total current assets Gross Fixed Assets Less DepreciationNet plant and equipment Total assets 2005 2004 $3,600.0 $3,000.0 $3,060.0 $2,550.0 $540.0 $450.0 90.0 75.0 $450.0 $375.0 65.0 60.0 $385.0 $315.0 154.0 126.0 $231.0 $189.0 $15.0 $13.0 2005 2004 $ 36.00 $ 30.00 $ 340.00 $ 250.00 $ 457.00 $ 351.00 $ 833.00 $ 631.00 $ 1,065.00 $ 825.00 $ (165.00) $ (75.00) $ 900.00 $ 750.00 $ 1,733.00 $ 1,381.00 $ 324.00 $ 270.00 $ 201.00 $ 155.00 $ 216.00 $ 180.00 $ 741.00 $ 605.00 $ 450.00 $ 450.00 $ 1,191.00 $ 1,055.00 $ 150.00 $ 150.00 $ 392.00 $ 176.00 $ 542.00 $ 326.00 $ 1,733.00 $ 1,381.00…Use the common-size financial statements found here: ommon-Size Balance Sheet 2016Cash and marketable securities $ 480 1.5 %Accounts receivable 6,030 18.2Inventory 9,540 28.8Total current assets $ 16,050 48.5 %Net property, plant, and equipment 17,020 51.5Total assets $33,070 100.0 %Accounts payable $ 7,150 21.6 %Short-term notes 6,850 20.7Total current liabilities $ 14,000 42.3 %Long-term liabilities 7,010 21.2Total liabilities $ 21,010 63.5 %Total common shareholders’ equity 12,060 36.5Total liabilities and shareholders’ equity $33,070 100.0 %Common-Size Income Statement 2016Revenues $ 30,000 100.0 %Cost of goods sold (20,050) 66.8Gross profit $ 9,950 33.2 %Operating expenses (7,960) 26.5Net operating income $ 1,990 6.6 %Interest expense (940) 3.1Earnings before taxes $ 1,050 3.5 %Income taxes (382) 1.3Net income $668 2.2 % Specifically, write up a brief narrative that responds to the following questions: a. How much cash does Patterson have on hand relative to its total…Operating profit 43-7 Sales revenue 910-4 Share capital and reserves 182-3 Long-term borrowing 77-9 Inventory 46-2 Receivables 97-8 Payables 51:3 Calculate the following: GReturn on Cepitatemployest (i Assetturnover (ii) Current ratio (iv) Acid test (quick) ratio
- BALANCE SHEETCash $ 140.0 Accounts payable $ 800 .0Accts. receivable 880 .0 Notes payable 600.0Inventories 1,320.0 Accruals 400 .0Total current assets $2,340.0 Total current liabilities $1,800.0Long-term bonds 1,000.0Total debt $2,800.0Common stock 200 .0Retained earnings 1,000.0Net plant & equip. 1,660.0 Total common equity $1,200.0Total assets $4.000.0 Total liabilities & equity $4.000.0lNCOME STATEMENTNet sales $6,000.0Operating costs 5,599.8Depreciation 100.2EBIT $ 300.0Less: Interest 96 .0EBT $ 204 .0Less: Taxes 81.6Net income $ 122.4OTHER DATAAnnual Principal and Lease Payments 0.00Shares outstanding (millions) 60 .00Common dividends (millions) $42.8Interest rate on NIP and long-term bonds 6.0 %Federal plus state income tax rate 40%Year-end stock price $30 .60 What is the firms ROE (Return on Equity)?Group of answer choices 9.45% 9.63% 9.84% 10.20%BALANCE SHEETCash $ 140.0 Accounts payable $ 800 .0Accts. receivable 880 .0 Notes payable 600.0Inventories 1,320.0 Accruals 400 .0Total current assets $2,340.0 Total current liabilities $1,800.0Long-term bonds 1,000.0Total debt $2,800.0Common stock 200 .0Retained earnings 1,000.0Net plant & equip. 1,660.0 Total common equity $1,200.0Total assets $4.000.0 Total liabilities & equity $4.000.0lNCOME STATEMENTNet sales $6,000.0Operating costs 5,599.8Depreciation 100.2EBIT $ 300.0Less: Interest 96 .0EBT $ 204 .0Less: Taxes 81.6Net income $ 122.4OTHER DATAAnnual Principal and Lease Payments 0.00Shares outstanding (millions) 60 .00Common dividends (millions) $42.8Interest rate on NIP and long-term bonds 6.0 %Federal plus state income tax rate 40%Year-end stock price $30 .60 Question 9 What is the firm's Debt Ratio? Group of answer choices 60.0% 65.0% 70.0% 75.0% Question 10 What is the firm's Inventory Turnover? 4.41 4.55 4.69 4.83 Question 11 What is the firm's DPS…BALANCE SHEETCash $ 140.0 Accounts payable $ 800 .0Accts. receivable 880 .0 Notes payable 600.0Inventories 1,320.0 Accruals 400 .0Total current assets $2,340.0 Total current liabilities $1,800.0Long-term bonds 1,000.0Total debt $2,800.0Common stock 200 .0Retained earnings 1,000.0Net plant & equip. 1,660.0 Total common equity $1,200.0Total assets $4.000.0 Total liabilities & equity $4.000.0lNCOME STATEMENTNet sales $6,000.0Operating costs 5,599.8Depreciation 100.2EBIT $ 300.0Less: Interest 96 .0EBT $ 204 .0Less: Taxes 81.6Net income $ 122.4OTHER DATAAnnual Principal and Lease Payments 0.00Shares outstanding (millions) 60 .00Common dividends (millions) $42.8Interest rate on NIP and long-term bonds 6.0 %Federal plus state income tax rate 40%Year-end stock price $30 .60 Question 5 What is the firm's EBITDA coverage? Group of answer choices 3.51 3.69 3.88 4.17 Question 6 What is the firms DSO (Days Sales Outstanding)? Group of answer choices 51.30 days 52.80 days 53.50…