balance sheet
Q: The following extracts of financial information relate to Curious Ltd. Balance Sheet as at 31st…
A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: The Amer Company has the following characteristics: Sales 1,000 Total assets 1,000 Total debt/Total…
A: The return on equity (ROE) expresses the ability of the company of generating returns from the…
Q: Selzer Inc. sells all its merchandise on credit. It has a profit margin of 4 percent, days sales…
A: Return on equity refers to the earnings made over equity amount invested. Higher return on equity is…
Q: A firm has been experiencing low profitability in recent years. Performan analysis of the firm’s…
A: a. Calculate the ratios you think would be useful in this analysis.
Q: The following data apply to Cavendish & Company in ($m) Cash & Marketable Securities $ 100…
A: a) Accounts receivable / Sales *365=40
Q: Consider the following data for the Jamestown Company. Sales = $3,650,000 Total asset turnover =…
A: given, sales = $3650,000 total asset turn over = 1.6 x total asset turnover = salestotal asset1.6…
Q: Calculate ‘Total Assets to Debt ratio’ from the following information : Equity Share Capital…
A: Definition: Ratio analysis: Ratio analysis is a quantitative method of gaining insight into a…
Q: Complete the balance sheet and sales information using the following financial data:…
A: Computation:
Q: Using the following data, complete the balance sheet given below: Gross profit. Rs.54,000…
A: Gross Profit Margin = Gross ProfitTotal Sales*100 Total Assets Turnover = Total SalesTotal Assets…
Q: Given the information below, answer questions from #17 to #21. Accounts Receivable $20,000 ($30,000…
A: Ratio analysis is a method of measuring the financial position of the organization with different…
Q: From the following information, complete the Balance Sheet Equity 500,000, Current Liabilities to…
A: The question is related to Ratio Analysis. The details regarding ratio are given.
Q: XYZ’s balance sheet and income statement are given below: Balance Sheet Cash 50 Accounts payable 100…
A: Current Price of the stock= 200/20 = $10/ share Price= P/E ratio * Earnings per share Inventory…
Q: Compute the operational cash-flow for a corporation with a return on equity of 25% and a…
A: Return on equity = Net incomeShareholders' equity Debt to equity ratio = Total debtShareholders'…
Q: Assume the following information is given: Income statement Net sales sh. 200,000…
A: The Altman Z score is a financial metric that measures the creditworthiness of an investor and the…
Q: A corporation reports the following year-end balance sheet data. The company's debt ratio equals:…
A: Total liabilities = Current liabilities + Long term liabilities = $75,000 + $35,000 = $110,000 Total…
Q: North Star had the following data (thousands of dollars): Cash and equivalents 100.00 Fixed assets…
A: As per the accounting rules, the company’s total assets always equal to the company’s total…
Q: The Lawrence Company has a ratio of long-term debt to long-term debt plus equity of .34 and a…
A: Profit Margin = Net Profit/Sales So Net Profit = Sales * Profit Margin ROE = Net Profit/Equity So…
Q: The First National Bank of Trinidad reports a net interest margin of 5.83 percent. It has total…
A: Bank refers to institution that is primarily involved in accepting deposits from public and…
Q: Green Fire Company has a debt-equity ratio of 1.7. Return on assets is 14.25 percent, and total…
A: Here, Debt Equity Ratio is 1.7 Return on Assets is 14.25% Total Equity is $350,000
Q: Consider the following information from an income statement and balance sheet: NOI: $323,000…
A: Net operating income = $323,000 Interest expense = $165,000 Total current assets = $98,396 Total…
Q: Problem 1. Last year Justine Corp. had sales of P315,000 and a net income of P17,832, and its…
A: Return On Equity (ROE) = Profit Margin × Sales Turnover × Equity Multiplier
Q: North Star had the following data (thousands of dollars): Cash and equivalents 100.00 Fixed assets…
A: DSO = (Accounts receivables * Number of days) / Total credit sales 40.55 days = (Accounts…
Q: 8. The Amer Company has the following characteristics: Sales 1,000 Total assets 1,000 Total…
A: return on equity = net income/shareholder's equity given data Sales 1,000Total assets 1,000Total…
Q: According to the information in the table below, which of the following shows Debt/Equity (D/E)…
A: Debt = 50,000 Equity = 40000 Operating profit before tax = 75000 Interest expense = 15000
Q: S Ltd. Has equity of Rs.6Lacs issued at par. The following additional information is provided: r . .…
A: Please find attachment below In step 2 balence sheet with working notes
Q: The balance sheet for Stud Clothiers is shown next. Sales for the year were $3,990,000, with 75…
A: The current ratio is the comparison of the current assets and the current liabilities of the…
Q: Kinsella Corporation's statement of financial position showed the following amounts: current…
A: Formula: Long term debt to total equity ratio = Total long term debts / share holders equity…
Q: A public company has the following balance sheet ($000’s) Cash…
A: WACC: The weighted average cost of capital is calculated as per weight and cost of each capital used…
Q: nnah Company's sales are forecasted to increase from P1,000 in 20X4 to P2.C 20x5. Here is the…
A: As the sales of company increases than need for finance also increases so company require additional…
Q: Income Statement Balance Sheet Current Current Sales $9,300 $ 4,050 $ 2,625 assets liabilities…
A: External financing needed is the additional financing needed by the company if increase in…
Q: Calculate current ratio from the following information: $ $ Stock 50,000 Cash 30,000 Debtors…
A: We have the following information: Stock: $50,000 Cash: $30,000 Debtors: $40,000 Creditors: $60,000…
Q: Q7. Calculate debt and equity ratios using the following information- Accounts payable- $10,000…
A: The formula for calculation of debt equity ratio: Debt equity ratio =Total Debt/ Shareholders fund…
Q: ssume average net operating assets equal $1,000,000. The average book value of common equity equals…
A: The company issues debt and equity in order to gather funds to do business or to invest in new…
Q: The following data apply to the next six problems. Consider Fisher & Company's financial data as…
A: Long term debt : a. if the time period is more than 1 year b. it comes under non current liabilities…
Q: BestBatteries, Inc just published this Balance Sheet. All dollar amounts are in millions of dollars.…
A: Weighted average pre-tax cost of debt is the cost before the tax adjustment which is derived on the…
Q: From the following information presented by a firm for the year ended 31st December, prepare the…
A: Balance Sheet December'31 Assets Current Assets $ 300,000 Fixed Assets $ 180,000…
Q: Motorola Credit Corporation's annual report (dollare in millions) 311 Net revenue (sales) Net…
A: Ratio analysis helps to analyze the financial statements of the company. The management can take…
Q: Asiago Company reports the following year-end balance sheet data. The company's equity ratio equals:…
A: Introduction: The equity ratio is a metric that measures how much leverage a firm employs to finance…
Q: 6-Dyson Manufacturing Company had the following financial statement results for last year. Net sales…
A: Since you have posted multiple questions, we will answer the first one for you. If you want a…
Q: North Star had the following data (thousands of dollars): Cash and equivalents 100.00 Fixed assets…
A: Since you have posted question with multiple subpart, we will solve the first three sub-parts for…
Q. Using the following data, complete the
Gross profit. Rs.54,000
Shareholders fund Rs.600,000
Gross profit margin. 20%
Credit sale to Total sales. 80%
Total assets turnover. 0.3 times
Inventory turnover. 4times
Average collection period. 20 days ( a 360 days year)
Long-term debt to equity. 40%
BALANCE SHEET
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- . Using the following data, complete the balance sheet given below: Gross profit. Rs.54,000 Shareholders fund Rs.600,000 Gross profit margin. 20% Credit sale to Total sales. 80% Total assets turnover. 0.3 times Inventory turnover. 4times Average collection period. 20 days ( a 360 days year) Current ratio. 1.8 Long-term debt to equity. 40% BALANCE SHEET Question Q. Using the following data, complete the balance sheet given below: Gross profit. Rs.54,000 Shareholders fund Rs.600,000 Gross profit margin. 20% Credit sale to Total sales. 80% Total assets turnover. 0.3 times Inventory turnover. 4times Average collection period. 20 days ( a 360 days year) Current ratio. 1.8 Long-term debt to equity. 40% BALANCE SHEET Creditors. ? Cash ? Long term debt. ? Debtors. ? Shareholders…Complete the following balance sheet using the given information: Debt ratio =50%. Total assets turnover = 1.5, current ratio =1.8, DSO = 36.5 days, gross profit margin on sales [(sales – cost of goods sold)/sales] = 25%, Inventory turnover ratio = 5. ASSETS ($) LIABILITIES & EQUITY ($) Cash Acccounts Payable Accounts Receivable Long Term Debt 60,000 Inventories Common Stock Fixed Assets __________ Retained Earnings 97,500 Total Assets 300,000 Total Liabilities & Equity ………..22. Complete the following balance sheet for the Range Company using the following information: Debt to Assets = 60 percent Quick Ratio=1.1 Asset Turnover = 5x Fixed Asset Turnover 12.037x Current Ratio = 2 Average Collection Period = 16.837 days Cash Receivables Inventory Total Current Assets Plant and Equipment Total Assets $325.000 Current Liabilities Bonds Payable Total Liabilities Net Worth Total Liabilities and Net Worth
- From the balance sheet prepare a proforma income statement where revenues can increase by 2% and the firm can borrow at 5.5% BALANCE SHEET 2021 Cash and cash equivalents 280 Receivables 2588 Inventory 2516 Other CA 189 TOTAL CA 5573 Fixed assets 5024 TOTAL ASSETS 10597 Accounts payable 4713 Short term debt 78 TOTAL CL 4790 LT debt 921 Shareh. Equity 4886 TOTAL LIAB. AND SHARH. EQUITY 10597 INCOME STATEMENT 2021 Sales 19418 COGS 13136 Depreciations 354 SG&A 4952 EBIT 976 Interest Expenses 52 Tax 268 Net income 656 Pro-forma statement Pro Forma Forecasts Actual Projected Projected Projected Projected Projected 2021 2022 2023 2024 2025 2026 COGS/REVENUES SGA/SALES INVENTORIES/COGS OTHER CA/SALES AR/SALES AP/COGS SALES/FIXED ASSETS DEPR/ FIXED ASSETS EQUITY/INVESTED CAPITAL ST DEBT/INVESTED…Long term debt to Equity. 0.5 to 1 ******. Total asset turnover. Average collection period. „2.5 times 18 days (assume a 360 day year and all sales on credit) 9 times Inventory turnover. Gross profit. 10% Acid test ratio. 1:1 ....... Cash . $? Notes payable . $100,000 Account receivable . Long term debt .? Inventory. Share capital . 100,000 ...... Plant and equipment . Retained earnings . 100,000ABC Manufacturing Company Balance Sheet as at 31 March 2019 2018 750 17,200 46,250 64,200 27,120 100,000 (32,200) 94.920 159,120 Cash 10,000 12,750 _31,200 53,950 22,500 71,250 (31.200) 62.550 116.500 Accounts receivable Inventory Total current assets Land Plant & equipment less accumulated depreciation Total fixed assets 11,500 18.250 29,750 33,700 53.050 Accounts payable Bank overdraft 24,000 49,500 Total current liabilities Term loan Sharcholders' funds 73,500 27,500 58,120 116,500 159.120 ABC Manufacturing Company Income Statement for the year ended 31 March 2018 Sales 2019 129,000 163,000 97.800 65,200 Cost of goods sold Gross profit Expenses: Administrative Operating Depreciation Total expenses Earnings before interest & tax _77.400 51,600 21,750 12,900 21,750 16,300 10.000 48,050 17,150 4,700 39.350 12,250 3,500 8,750 Interest 6,250 10,900 5,232 5.668 Earnings before taxes _4,200 4,550 Тах Net Income Required: a. Based on the financial statements for ABC Manufacturing, compute…
- Calculate ‘Total Assets to Debt ratio’ from the following information : Equity Share Capital 4,00,000 Long Term Borrowings 1,80,000 Surplus i.e. Balance in statement of Profit and Loss 1,00,000 General Reserve 70,000 Current Liabilities 30,000 Long Term Provisions 1,20,000Q. Calculate the current assets and current liabilities from the data given below. Current ratio. 1.8 Quick ratio. 1.2 Inventory turnover ( on c.g.s). 12 Gross profit rate. 25% Credit period. 1month Working capital. 640000We are given the following information for the Pettit Corporation. Sales (credit) Cash Inventory Current liabilities Asset turnover Current ratio Debt-to-assets ratio Receivables turnover $ 2,880,000 188,000 890,000 811,000 1.35 times 2.30 times a. Accounts receivable b. Marketable securities c. Fixed assets d. Long-term debt 40 % 5 times Current assets are composed of cash, marketable securities, accounts receivable, and inventory. Lienser Fraktala TAMARA TANT RISHI TRITATE FAST JET PARETSTRANS I nemal osted or annemangen MANENBER HAGPAINT MANSION LARPURCO Calculate the following balance sheet items. (Do not round intermediate calculations. Round your final answers to the nearest whole number.)
- You are given the following information. What is your liquidity ratio? Annual disposable income: $45,000 Total liabilities: $17,400 Annual savings: $2,400 Long-term assets: $85,000 Current ratio: 2 Debt-to-asset ratio: 0.2 Select one: a. 0.90 b. 0.56 c. 0.89 d. 0.53Motorola Credit Corporation's annual report: (dollars in millions) %24 Net revenue (sales) Net earnings 307 168 Total assets Total liabilities Total stockholders' equity 2, 225 1,915 310 a. Find the total debt to total assets ratio. (Round your answer to the nearest hundredth percent.) Total debt to total assets b. Find the return on equity ratio. (Round your answer to the nearest hundredth percent.) Return on equity c. Find the asset turnover ratio. (Round your answer to the nearest cent.) acerThe Griggs Corporation has credit sales of $908,950. 2.65 times 1.95% 10 times 14 times 1.78 times 40% Total assets turnover O Cash to total assets Accounts receivable turnover Inventory turnover Current ratio Debt to total assets Using the above ratios, complete the balance sheet. Note: Round your answers to the nearest whole dollar. Cash Accounts receivable Inventory Total current assets Fixed assets Total assets Assets GRIGGS CORPORATION Balance Sheet Liabilities and Stockholders' Equity Current debt Long-term debt Total debt Equity Total debt and stockholders' equity
