Below are scrambled list of balance sheet and income statement items for TNT Inc. Prepare an income statement and calculate the net income for TNT Inc. a.$116,325 b.$163,325 c.$136,625 d.$113,625
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- Comprehensive income Anson Industries, Inc., reported the following information on its 20Y1 income statement: Prepare the following for Anson Industries, Inc.: A. Income statement, including comprehensive income. B. Income statement and a separate statement of comprehensive income.The Balance-Sheet identity is (circle ALL that apply. Think of different ways to present this identity): Sales/Revenue-Cost of Goods Sold-Depreciation Interest Taxes-Net Income Assets Liabilities Equity Assets Equity-Liabilities Cash-Long-term Debt Equity+Current Liabilities-Non-Cash Current Assets-Fixed Assets Assets Liabilities+Equity Current Assets Fixed Assets Current Liabilities+Long-term Debt+Equity EBIT-Sales/Revenue- Fixed Assets + Current Liabilities Change in Cash-Operating Activities + Investment Activities+ Financing ActivitiesBalance sheet Assets Non-current assets Property, plant and equipment Long-term receivables Total non-current assets Current Assets Goods Customers Cheques receivable Cash Total current assets Total assets Equity and Liabilities Equity Equity Reserves Total Equity Obligations Long-term liabilities Current Liabilities Suppliers Other current liabilities Taxes Payable Total Current Liabilities Total Liabilities Total Equity and Liabilities Sales Cogs Mixed result Staff remuneration Profit and loss statement Miscellaneous costs Depreciation Profit before tax Income Tax Net profit for the financial year The following data are given: • ● 2020 240.000,00 | 180.000,00 25.000,00 14.000,00 265.000,00 194.000,00 2021 55.000,00 40.000,00 125.000,00 135.000,00 62.000,00 71.000,00 183.000,00 160.000,00 425.000,00 406.000,00 690.000,00 600.000,00 200.000,00 170.000,00 92.000,00 60.000,00 292.000,00 230.000,00 55.000,00 30.000,00 730.000,00 -240.000,00 490.000,00 -114.000,00 -255.000,00 -60.000,00…
- a. Current ratiob. Inventory Turnover ratioc. Accounts receivable ratiod. Fixed asset turnover ratioe. Net profit marginf. Return of assets (ROA)g. Return of equity (ROE)Based on the income statement given calculate and explain the :profitability ratioa. Gross profit ratio = gross profit/net salesb. Operating margin ratio =operating income/net salesc. Asset Turnover ratio = net sales / total assetsd. Return on equity ratio = net sales/ shareholders equity Leverage ratioa. interest coverage ratio =operating income / interest expensesb. Debt service ratio=operating income/debt serviceII. Fill-in the blanks and perform a Horizontal Analysis (HA) and Vertical Analysis (VA) on the following Balance Sheet and Income Statement Revenue Total Expenses Cost of Goods Sold SG Expenses Other Expenses Interest Expense Provision for Taxes Net Income Income Statement 2019 $82,135 32,574 15,931 11,304 3,210 4,536 Assets Cash and Marketable Securities Accounts Receivable Inventory Total Current Assets Property, Plant and Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Long-Term Debt Total Liabilities Shareholders' Equity Total Liabilities and Equity VA Balance Sheet 2019 $12,095 15,700 18,324 15,000 $8,590 28,590 VA 2020 $94,571 35,872 16,782 10,947 4,015 5,200 2020 $15,035 14,200 18,540 17,008 $9,000 27,500 VA VA HA HA
- Calculate the following ratios based on the balance sheet, income statement and cash flow prepared in question ROE Return on Capital Employed (post-tax) Net Profit Margin EBITDA Margin Effective Tax Rate Operating Cost Ratio Gross Profit Margin Total Asset Turnover Ratio Fixed Asset Turnover Ratio Receivables Turnover Ratio Leverage Ratio [Avg. Total Assets / Avg. Total Equity] FCF / EBITDA Interest Coverage Ratio Debt Service Coverage Ratio Basic EPS (Assume Face Value of each share is INR 10) Debt : Equity Ratio Income Statement (INR Cr) Units Mar/14 Saleable Units 4,570 Revenues Gross Revenues INR Cr 2,116 Less: Environment Cess INR Cr 5 Net Revenues INR Cr 2,121 Growth (%) -1.9% Expenses O&M Expenses (% of Project Costs) INR Cr 146 YoY Escalation 5.72% EBITDA INR Cr 1,974 Margin (%) 93.1% Book Depreciation INR Cr 439 Interest Expenses INR…Margaret O'Flaherty, a portfolio manager for MCF Investments, is considering investing in Alpine Chemical 7% bonds, which mature in 10 years. She asks you to analyze the company to determine the riskiness of the bonds. Alpine Chemical Company Financial Statements Years Ended December 31, ($ in millions) 20X1 20X2 20X3 20X4 20X5 20X6 Assets Cash $ 55 $ 1,637 2,021 190 $ 2,143 1,293 157 249 $ 1,394 1,258 3,493 1,322 Accounts receivable 3,451 1,643 2,087 Inventories 945 Other current assets 17 27 55 393 33 171 5,097 6,181 Current assets 3,114 5,038 2,543 2,495 3,986 5,757 3,138 3,865 2,707 5,619 2,841 2,778 5,265 4,650 2,177 2,473 Gross fixed assets 7,187 3,893 3,465 2,716 Less: Accumulated depreciation Net fixed assets 2,619 3,294 Total assets $6,338 $5,609 $5,485 $6,605 $7,813 $8,559 Liabilities and net worth Notes payable Accounts payable $1,300 338 $ 525 2$ 750 $1,750 $1,900 673 638 681 743 978 Accrued liabilities 303 172 359 359 483 761 Current liabilities 1,501 1,985 1,997 1,457…Required: (a) You are required to calculate the following ratios:(i) Gross profit margin(ii) Operating profit margin(iii) Expenses to sales(iv) Return on Capital Employed(v) Asset turnover(vi) Non-current asset turnover(vii) Current Ratio(viii) Quick Ratio(ix) Inventory days(x) Receivables days(xi) Payable days(xii) Interest cover (b) In light of your calculations comment on the performance of the company over thelast two years.
- Select the Income Statements and Balance Sheets of Aramco Saudi from the calculate the following financial ratios: a. Long-term debt ratios b. Total debt ratio c. Times interest earned d. Cash coverage ration e. current ratio f. Quick ratio g. Operating profit margin h. Inventory Turnover i. Days in inventory j. Average collection period k. Return on equity I. Return on assets m. Payout rationsThe current ratio isa. calculated by dividing current liabilities by current assets. b. used to evaluate a company's liquidity and short-term debt paying ability c. used to evaluate a company's solvency and long-term debt paying ability. d. calculated by subtracting current liabilities from current assets.Define each of the following terms:a. Liquid assetb. Liquidity ratios: current ratio; quick (acid test) ratioc. Asset management ratios: inventory turnover ratio; days sales outstanding (DSO);fixed assets turnover ratio; total assets turnover ratiod. Debt management ratios: total debt to total capital; times-interest-earned (TIE) ratioe. Profitability ratios: operating margin; profit margin; return on total assets (ROA);return on common equity (ROE); return on invested capital (ROIC); basic earning power (BEP) ratiof. Market value ratios: price/earnings (P/E) ratio; market/book (M/B) ratio; enterprise value/EBITDA ratio g. DuPont equation; benchmarking; trend analysish. “Window dressing” techniques