Chapter 1, Problem 33P

Prepare a horizontal analysis of both the balance sheet and income statement. Complete this question by entering your answers in the tabs below. Analysis Analysis Bal Sheet Inc Stmt Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).) Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories ALLENDALE COMPANY Horizontal Analysis of Balance Sheets Year 4 Prepaid items Total current assets Investments Plant (net) Land Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable Other Total noncurrent liabilities Total liabilities Stockholders' equity Preferred stock (par value $10, 4% cumulative, nonparticipating; 8,000 shares authorized and issued) Common stock (no par; 50,000 shares authorized;…

Hasbro, Inc. and Mattel, Inc. are the two largest toy companies in North America. Condensed liabilities and stockholders’ equity from a recent balance sheet are shown for each company as follows (in thousands): Please see  the attachment for details: a. Determine the ratio of liabilities to stockholders’ equity for both companies. Round toone decimal place.b. Determine the times interest earned ratio for both companies. Round to one decimalplace.c. Interpret the ratio differences between the two companies.

SAP is a global company headquartered in Germany. SAP is a market leader in enterprise application software and also a leading experience management, analytics, and business intelligence company. In a recent annual report, it disclosed the following information concerning its allowance for doubtful accounts (euros in millions denoted as €); Balance at Beginning of Period €99 Charged to Costs and Expenses €18 Amounts Written Off (€10) Balance at End of Period €107 Required: 1. Record summary journal entries related to the allowance for doubtful accounts for the current year. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions.

What's More A. Directions: Below is the summarized financial information of Redz Company. Compute the following. Write your answers on a separate sheet of paper. 1. Average Inventory 2. Average Receivable 3. Average Payable 4. Inventory Turnover Ratio 5. Days of Inventories 6. Receivables Turnover Ratio 7. Days of Receivable 8. Payables Turnover Ratio 9. Days of Payable 10. Operating Cycle Beginning Php 2,000,000.00 Php 1,150,000.00 Php 500,000.00 Php 10,000,000.00 Php 6,500,000.00 Ending Php 3,100,000.00 Php 2,000,000.00 Php 1800,000.00 Accounts Inventory Accounts Receivable Accounts Payable Net Sales Cost of Goods Sold

Refer to the 10-K for Abercrombie & Fitch. Required: 1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in thousands. a. Cash b. Short-term investments (or marketable securities) c. Accounts receivable d. Inventory e. Other current assets f. Accounts payable g. Other current liabilities h. Cash flow from operations A A AA A A 好 2. The company projects the following to occur in the next fiscal year: • Accounts payable will decrease by 25%. • Other current liabilities are expected to increase by 33%. • Cash flow from operations is expected to decrease by 32%. Assume all other items remain unchanged from the prior year. Provide the next year's forecasted balances for the following accounts and cash flow from operations.

What are the current account, financial account, and balance sheet accounts? How are they useful in the system of national accounting? What are some items recorded under each account?   (100-300 words)

Analyze and compare Abercrombie & Fitch and The Gap Abercrombie & Fitch Co. (ANF) and The Gap, Inc. (GPS) are two U.S. apparel retailers. The current assets and current liabilities for each company from recent balance sheets are as follows (in thousands): Abercrombie Current assets: Cash Accounts receivable Inventories Other current assets Total current assets Current liabilities: Accounts payable Other current liabilities Total current liabilities & Fitch The Gap $823,139 $877,000 69,102 525,864 3,018,000 89,654 1,270,000 $1,507,759 $5,165,000 $374,829 640,411 $1,015,240 $1,951,000 2,126,000 $4,077,000 Required: a. Compute the working capital for each company. 492,519 thousand Abercrombie: $ The Gap: $ 1,088,000 thousand b. Compute the current ratio for each company. Round your answers to one decimal place. Abercrombie: 1.5 The Gap: 1.3 c. Compute the quick ratio for each company. Round your answers to one decimal place. Abercrombie: The Gap: x d. Which company appears to have the…

The following are all typical transactions of balance of payment EXCEPT: a. all answers available in the selection are balance of payment transactions. b. a tourist from China purchases souvenirs in Malaysia. c. Auto Bavaria, a Malaysian distributor of the Germany automobiles pays for the orders of vehicles imported from the parent company. d. the Thailand subsidiary of AirAsia pays dividend to the parent company in Malaysia.

Benchmark Assignment - Coca-Cola Co. & Pepsico Inc. You will need to use the data below from the two companies to calculate problems and answer the following questions. Note: Round your answer to 2 decimal places. Coca-Cola Co. (in millions) $38,655 $9,771 $22,545 1 2 3 Net Revenue (Sales) Net Income Current Assets Current Liabilities Cash & Cash Equivalents Accounts (Trade) Receivables Total Assets (12/31/21) Total Assets (12/31/20) Total Liabilities (12/31/21) Stockholders Equity (12/31/21) Stockholders Equity (12/31/20) Calculate the debt ratio and debt/equity ratio for each company. B C Coca-Cola Co. Pepsico Inc. A $19,950 $12,625 $3,512 $94,354 $87,296 $69,494 $23,000 $19,300 Debt Ratio Debt/Equity Ratio Pepsico Inc. (in millions) $79,474 $7,618 $21,783 $26,220 $5,988 $8,680 $92,377 $92,918 $76,226 $16,043 $13,454 @