Calculate all possible liquidity ratios for 2021 and 2020. (Round current ratio to 2 decimal places eg. 2.66. Round recely6.2. Round collection period and days sales in inventory to O decimal places e.g. 1,266. Enter working capital amounts in theWorking capitalCurrent ratioReceivables turnoverCollection periodInventory turnoverDays sales in inventoryType here to search20215541.626.11times59.74 daystimesdays20204966.6854.68timesdaystimesdays Current assetsCashTrading investmentsAccounts receivable, netInventoryPrepaid expensesTotal current assetsTotal current liabilitiesAdditional information:(in thousands)Credit salesCost of goods sold$Allowance for doubtful accountsType here to search305568363241$1,441$2021LA$ 504,174912.89460i589$1,32152952$ 1,201$ 887 $ 825 $ 747tA2020603,932402.62449857429$ 45 $ 4020193,6942.339

Ratio analysis can be used to assess a company's financial stability or soundness. Shareholders…

Calculate all possible liquidity ratios for 2021 and 2020. (Round current ratio to 2 decimal places e.g. 2.66. Round re 6.2. Round collection period and days sales in inventory to 0 decimal places eg. 1,266. Enter working capital amounts in Working capital Current ratio Receivables turnover Collection period LA 2021 554 1.62 6.11 59.74 times days 2020 496 1.60 6.68 54.68 1 times days

Calculate all possible liquidity ratios for 2021 and 2020. (Round current ratio to 2 decimal places e.g. 2.66. Round re 6.2. Round collection period and days sales in inventory to 0 decimal places eg. 1,266. Enter working capital amounts in Working capital Current ratio Receivables turnover Collection period LA 2021 554 1.62 6.11 59.74 times days 2020 496 1.60 6.68 54.68 1 times days

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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فاطمة غبشان أمس 4:41 م The XYZ Company had the following income statement on 31.12.2020 Deprecation 12000 Net income 85000 OMR The following accounts decreased during 2020: Accounts receivable 18000 inventory 22000 OMR, Rent payable 6000, Machinery 15000 OMR The following accounts increased during 2020:Notes receivable 12000 Accounts Payable 11000 long term Bonds payable 30000 OMR Calculate cash flows from operating activities اخترأحد الخیارات a. 149000 OMR O b. 145000 OMR O c. 130000 OMR d. NONE OF THESE
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2.The following information is from Dejlah, Inc.s, financial statements. Sales (all credit) were AED 800 million for 2020. Sales to total assets... 2 times Total debt to total asset: 30% Current ratio ... 3.0 times Inventory turnover 5.0 times Average collection period 18 days Fixed asset turnover-.... 5.0 times Fill in the balance sheet: Cash..... Current debt Accounts receivable .. Long-term del Inventory ... Total debt . Total current assets Equity...... Fixed assets..... Total assets Total debt and equity
Calculate the current ratio current assets/current liabilities for Castle rock construction round to one decimal place. The current ratio 2:1
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Suppose the 2022 financial statements of 3M Company report net sales of $23.1 billion. Accounts receivable (net) are $3.2 billion at the beginning of the year and $3.25 billion at the end of the year. Compute 3M’s accounts receivable turnover. - Accounts Recievable turnover ratio=? (times) Compute 3M’s average collection period for accounts receivable in days - Average collection period =? (days)
Use the below information to answer the following questions: 20202021Sales$11,573$12,936Depreciation 1661 1736Cost of goods sold 3979 4707Other Expenses 846 924Interest Expense 776 926Cash 6067 6466Accounts Receivables 8034 9427Short-term Notes Payable 1171 1147Long-term debt 20,320 24,696Net fixed assets 50,888 54,273Accounts Payable 4384 4644Tax rate 26% 34%Inventory 14,283 15,288Payout ratio 33% 30% A. Create the Balance Sheets for 2020 & 2021.
ok D Int = Print Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) 0 ferences # Short-term investments Accounts receivable Notes payable Percent Change = Short-term investments Accounts receivable Notes payable Type here to search Esc fo F1 1 X F2 $ Current Year $ 378,252 100,583 @ 2 0 Horizontal Analysis - Calculation of Percent Change Numerator: 1 Current Year F3 20 #m Prior Year $ 236,897 104,503 91,702 3 378,252 $ 100,583 F4 0 S4 Prior Year $ 236,897 104,503 91,702 F5 $ % 5 Denominator: Dollar Change F6 111,355 (3,920) (91,702) DELL F7 A Percent Change 29.4 % (26.7) % (100.0) % 6 F8 & 7 0 F9 * a 8 F10 9
PreviousBalance AnnualPercentageRate (APR)(as a %) MonthlyPeriodicRate FinanceCharge(in $) Purchasesand CashAdvances PaymentsandCredits NewBalance(in $) $2,490.00 % 1 1 4 % $ $1,374.98 $300.00 $