31. Retained earnings balance is: 32. Accounts payable amounts to: 33. Inventories amount to: 34. Accounts receivable balance is: 35. Total liabilities amount to:
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- Measures of liquidity, solvency, and profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was 82.60 on December 31, 20Y2. Instructions Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts): 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days sales in receivables 6. Inventory turnover 7. Number of days sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders equity 10. Times interest earned 11. Asset turnover 12. Return on total assets 13. Return on stockholders equity 14. Return on common stockholders equity 15. Earnings per share on common stock 16. Price-earnings ratio 17. Dividends per share of common stock 18. Dividend yieldInventory Analysis Singleton Inc. reported the following information for the current year: Required: Compute Singletons (a) gross profit ratio, (b) inventory turnover ratio, and (c) average days to sell inventory. (Note: Round all answers to two decimal places.)Measures of liquidity, solvency, and profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was 82.60 on December 31, 20Y2. Instructions Determine the following measures for 20Y2, rounding to one decimal place, including percentages, except for per-share amounts: 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days sales in receivables 6. Inventory turnover 7. Number of days sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders equity 10. Times interest earned 11. Asset turnover 12. Return on total assets 13. Return on stockholders equity 14. Return on common stockholders equity 15. Earnings per share on common stock 16. Price-earnings ratio 17. Dividends per share of common stock 18. Dividend yield
- Use the following information relating to Medinas Company to calculate the inventory turnover ratio, gross margin, and the number of days sales in inventory ratio, for years 2022 and 2023.Use the following information relating to Clover Company to calculate the inventory turnover ratio, gross margin, and the number of days sales in inventory ratio, for years 2022 and 2023.Using these data from the comparative balance sheets of Concord Company, perform a vertical analysis. Accounts receivable (net) Inventory Total assets (Round percentages to 1 decimal place, e.g. 12.1%.) December 31, 2022 December 31, 2021 $418,320 $425,250 816,720 787,500 2,490,000 3,150,000 December 31, 2022 December 31, 2021 Amount Percentage Amount Percentage Accounts receivable (net) $418,320 % $425,250 % Inventory Total assets 816,720 % 787,500 % 2,490,000 % 3,150,000 %
- Carla Vista Corporation's comparative balance sheet is presented below. Cash Accounts receivable Inventory Land Buildings Accumulated depreciation-buildings Total Accounts payable Common shares Retained earnings Total a. b. C. d. e. f. CARLA VISTA CORPORATION Balance Sheet December 31 h. i. j. k. Current ratio Acid-test ratio Receivables turnover Collection period Inventory turnover Days sales in inventory Profit margin Asset turnover Return on assets Return on equity 2024 Carla Vista's 2024 income statement included net sales of $110,000, cost of goods sold of $60,000, and profit of $17,000. Calculate the following ratios for 2024. (Round Collection period and Days sales in inventory to O decimal places e.g. 52 and all other answers to 1 decimal place, e.g. 52.7 or 52.7%. Use 365 days for calculation.) Debt to total assets $5,100 13,000 9,500 19,000 90,000 (14,000) $122,600 $11,660 75,000 35,940 $122,600 2023 2024 $3,200 23,700 7,500 25,000 90,000 (9,000) $140,400 $32,600 69,000…Using these data from the comparative balance sheets of Bonita Company, perform a vertical analysis. Accounts receivable (net) Inventory Total assets (Round percentages to 1 decimal place, e.g. 12.1%.) Accounts receivable (net) Inventory Total assets Amount $435.960 December 31, 2022 December 31, 2021 $422,800 720.720 2.520,000 $435.960 December 31, 2022 720.720 2,520.000 Percentage 624,400 2,800,000 Amount $422,800 624,400 2.800,000 December 31, 2021 Percentage % 8Sheridan Corporation's comparative balance sheets are presented below. Cash Accounts receivable Inventory Land Building Accumulated depreciation Total Accounts payable Common stock ($5 par) Retained earnings Total SHERIDAN CORPORATION Balance Sheets December 31 (a) Current ratio (c1) Inventory turnover (b2) Average collection period (c2) Days in inventory (d) (b1) Accounts receivable turnover (e) (f) (1) Profit margin Asset turnover Sheridan's 2020 income statement included net sales of $95,875, cost of goods sold of $63,560, and net income of $19.175. Compute the following ratios for 2020. (Round Current ratio, Accounts receivable turnover, Inventory turnover, Asset turnover and Earnings per share to 2 decimal places, e.g. 15.25 or 15.25%. Round Debt to assets ratio to 1 decimal place, e.g. 15.2%. Round other answers to O decimal places, e.g. 15 or 15%.) Return on assets 2020 $10,540 14,450 9,860 32,300 77,500 (16,500) $128,150 $17,000 75,000 (h) Earnings per share 36,150 $128,150…
- In analysing the financial statements of Regis Ltd, the following ratios were calculated. Current ratio Quick ratio Receivables turnover Inventory turnover Payables turnover Gross profit margin Return on equity Required: 2023 1.1:1 0.5:1 30 days 3 times 60 days 10% 15% 2022 1.3:1 0.7:1 45 days 4 times 45 days 7% 12% (a) Evaluate the entity's liquidity using the above information. (b) A condition of obtaining a long-term loan from the Scots Bank is that the current ratio should not fall below 1.25:1. Examine the effect on this condition if Regis Ltd considers two courses of action: either to borrow cash with a long-term loan of $90,000 from the bank; or by negotiating with creditors to settle $90,000 of payables with a long-term Note Payable. Assuming the current assets and current liabilities are 660,000 and 600,000 respectively, what course of action would you recommend and why?(a) Following are the partial balance sheet and some assumptions for Kiri-Kanan Company for 2021. Gross profit margin = 50% Inventory turnover 5 Sales (2021) = = RM3,000 Assets Cash Accounts receivables Inventory Net fixed assets Total assets ? RM40 2 RM500 RM900 Cash Accruals Inventory Based on the information provided, calculate Kiri-Kanan's (1) (11) Liabilities & Equity Accounts payables Accruals Long-term debt Total Liabilities & Equity Current ratio Equity Total Liabilities & Equity (1) (iv) (v) (vi) Quick Ratio (Complete the balance sheet table and show all steps of calculations) 4 RM50 ? RM400 250 ?Question : Calculate the following ratios for Avartar Sdn. Bhd. for years ended 31 March 2019 and 31 March2018 : 11) Inventory turnover times (using closing inventories); 12) Inventory turnover days (using closing inventories); 13) Receivables collection period; 14) Payables payment period (using cost of sales); 15) Earnings per share; Provide the formulas used for calculating the ratios and all workings should be shown clearly. Answer probably please!!!!!