Complete the financial statement for MY Company.CashReceivablesInventoriesPrepaidexpensesTotalcurrentassetsPlantassetsOtherassetsTotalassets.$95575822[Select]Type of Financial Statement: [Select][ Select][ Select]2,800$8.400. Debt Ratio is 0.6Current Ratio is 1.2MY CompanyDecember 31, 2018(Dollars in thousands)V>Totalcurrent $1.700liabilitiesLong-termdebtOtherlong-termliabilitiesSharecapitalTotalliabilities[ Select]andequity810Retained 2.645earnings183Use the following data to complete MY Company's Balance Sheet.[Select]

The balance sheet is a summary of permanent accounts prepared at the end of the accounting period.…

Cash Receivables Inventories Total current assets Prepaid [Select] expenses Plant assets Other assets . Total assets $95 575 822 [ Select] [Select] 2,800 $8,400 (Dollars in thousands) < < Total current $1,700 liabilities Long- term debt Other long- term liabilities Share capital Total liabilities [ Select] and equity 810 Retained 2.645 earnings 183 [ Select] Use the following data to complete MY Company's Balance Sheet. Debt Ratio is 0.6 >

Cash Receivables Inventories Total current assets Prepaid [Select] expenses Plant assets Other assets . Total assets $95 575 822 [ Select] [Select] 2,800 $8,400 (Dollars in thousands) < < Total current $1,700 liabilities Long- term debt Other long- term liabilities Share capital Total liabilities [ Select] and equity 810 Retained 2.645 earnings 183 [ Select] Use the following data to complete MY Company's Balance Sheet. Debt Ratio is 0.6 >

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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1) From http://finance_yahoo.com/ the following current financial information for Apple Inc (AAPL), in terms of each company's current balance sheet( Oct 31, 2021) has been obtained. Total Assets= $ 351 billion Total Liabilities = $287.91 billion Total Shareholders' Equity = $63.09 billion Total interest-bearing debt = $136.52 billion EBIT=S111,852,000,000 Interest Expenses = $2,645,000,000 a. Describe the capital structure of each companies using debt ratio and interest bearing debt ratio. [3 marks] b. What is the debt- to-enterprise value ratios? The current market price is $172 and the number of shares outstanding is 16,426,786,000. [3 marks] c. If you were a bank officer who was analysing whether or not to loan more money to these companies, which of the ratios calculated in part a and b is more relevant to your analysis? Why? [2 marks] d. Calculate and interpret the times interest earned (TIE) ratio. [3 marks]
e 2018 Cash Co X+ com/quiz/28465383 press Lazada a Agoda.com e Quiz | Edmodo Department of Edu. e Classes | Ec Question 1 5 points You are a financial Manager of Chevron Corp. You need to assess the effectiveness of working capital management of the company for 2018 using the following data. What is t 2018 Receivable turnover? 2017 Account Receivable = 15 3o00 2018 Account Receivable = 15.050,00 2017 Inventory =5585.000 2018 Inventory = 5.704.000 2017 ACcounts Payable = 14.565:.000 2018 Accounts Payable = 10 952 0 2017 Sales = 134,674,000 2018 Sales = 158 902.000 2017 Cost of Saies = 95, 114 CUD 2018 Cost of Sales = 110 997 000 2017 PUtchases = 96 114000 2018 Purchases 123 435 000 10 17 f8 f6
JUST DEW IT CORPORATION2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 10,150 $ 10,350 Accounts payable $ 74,500 $ 61,250 Accounts receivable 27,100 27,250 Notes payable 48,500 49,250 Inventory 62,900 63,500 Total $ 123,000 $ 110,500 Total $ 100,150 $ 101,100 Long-term debt $ 59,400 $ 64,900 Owners' equity Common stock and paid-in surplus $ 80,000 $ 80,000 Fixed assets Retained earnings 171,750 192,700 Net plant and equipment $ 334,000 $ 347,000 Total $ 251,750 $ 272,700 Total assets $ 434,150 $ 448,100 Total liabilities and owners' equity $ 434,150 $ 448,100 Based on the balance sheets given for Just Dew It, calculate the following…
Use the table for the question(s) below. Consider the following balance sheet: Luther Corporation Consolidated Balance Sheet December 31, 2019 and 2018 (in $ millions) Assets 2019 2018 Liabilities and Stockholders' Equity 2019 2018 Current Assets Current Liabilities Cash 63.6 58.5 Accounts payable 87.6 73.5 Accounts receivable 55.5 39.6 Notes payable / short−term debt 10.5 9.6 Inventories 45.9 42.9 Current maturities of long−term debt 39.9 36.9 Other current assets 6.0 3.0 Other current liabilities 6.0 12.0 Total current assets 171.0 144.0 Total current liabilities 144.0 132.0 Long−Term Assets Long−Term Liabilities Land 66.6 62.1 Long−term debt 239.7 168.9 Buildings 109.5 91.5 Capital lease obligations −−− −−−…
Hancock Company reported the following account balancesat December 31, 2027:Sales revenue $97,000Dividends. $11,000Supplies 13,000Accounts payable 41,000Patent $59,000Building Common stock.. $27,000Insurance expense .... $31,000Notes payable .. $39,000Income tax expense $42,000Cash . . $19,000Repair expense ?Copyright $20,000Equipment $14,000Utilities payable. $22,000Inventory $64,000Retained earnings. .. $87,000 (at Jan. 1, 2027)Interest revenue $55,000Cost of goods sold ..... .. $37,000Accumulated depreciation .... $23,000 $34,000Accounts receivable ? Trademark. ... $51,000Calculate the total intangible assets reported in HancockCompany's December 31, 2027 balance sheet. The following additional information is available:1) The note payable listed above was a 4- year bank loan taken out on September 1, 2024.2) The total P - P - E at Dec. 31, 2027 was equal to 75% of the total current liabilities at Dec. 31, 2027. ՄԴ S
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…
Proforma balance sheet for the upcoming year is given. The estimated net income is $2,621.60. If the company is planning pay $500 dividends, what should be the external financing needs (EFN)? Assets $20,972.80 Debt Equity $20,972.80 Total Total Proforma Balance Sheet Multiple Choice O O -$208.8. $208.8. $500. $291.2. -$500. $11,000.00 $10,181.60 $21,181.60
Reference is made to the 2022 Balance Sheet of Tram-Ropes limited.Tram-Ropes Limited Balance Sheet 2022Cash 1,000,000.00 Accounts Payable 8,000,000.00Acc. Receivable 12,000,000.00 Notes Payable 8,500,000.00Marketable securities 3,000,000.00 Long-term Debt 20,000,000.00Inventories 7,500,000.00 Common stock 7,500,000.00Fixed Assets 26,500,000.00 Preferred Stock 6,000,000.00Total Assets 50,000,000.00 Total Liabilities and Equity 50,000,000.00Additional Information:i. The Long-Term debt consists of 8% annual coupon bonds, with15 years to maturity and are currently selling for 95% ofpar.ii. The company’s common shares which have a book value of $20per share are currently selling at $25 per share.PREPARED BY THE CI, MGMT2023 4iii. Preferred shares have a book value of $100 per share. Theseshares are currently selling at $120 per share and paysdividends of 6% per annum on book value.iv. The dividend growth rate is expected to be 3%, and dividendfor 2023 is projected to be $5.00 per…
Peoples Bank Ltd.Balance sheetAs at 31/03/2021Assets $(000) Liab. & Equity $(000)Cash 50,000 Payables 50,000Short term Invest 50,000 short term deposits 500,000Long term Invest. 180,000 long term deposits. 180,000Loans 550,000 Long-term bonds 50,000Other 50,000 Equity 100,000Total 880,000 880,000 The long-term investment portfolio comprises shares in an associate company (25%), azero-coupon bond (25%), government fixed rate bonds (40) and shares in publicly tradedcompanies (10%).The loan portfolio is composed as follows: 10% residential mortgages, 50% consumerand 40% commercial. The loan portfolio has a 5% delinquency, and the average return is8%. Fixed rate loans are 60% and floating rate 40%.Deposits are primarily short term. The renewal rate is declining and expected to continueinto the medium term. The average deposit rate is 4%.Interest rates are expected to rise in the short term for both, loans and deposits. A. Recommend to management two strategies to reduce each risk B.…
Peoples Bank Ltd.Balance sheetAs at 31/03/2021Assets $(000) Liab. & Equity $(000)Cash 50,000 Payables 50,000Short term Invest 50,000 short term deposits 500,000Long term Invest. 180,000 long term deposits. 180,000Loans 550,000 Long-term bonds 50,000Other 50,000 Equity 100,000Total 880,000 880,000 The long-term investment portfolio comprises shares in an associate company (25%), azero-coupon bond (25%), government fixed rate bonds (40) and shares in publicly tradedcompanies (10%).The loan portfolio is composed as follows: 10% residential mortgages, 50% consumerand 40% commercial. The loan portfolio has a 5% delinquency, and the average return is8%. Fixed rate loans are 60% and floating rate 40%.Deposits are primarily short term. The renewal rate is declining and expected to continueinto the medium term. The average deposit rate is 4%.Interest rates are expected to rise in the short term for both, loans and deposits. A. Based on the balance sheet and the information above, identify…
docs.google.com/forms/d/e/1FAlpQLSdhx7wkRBg-5ysLm-AeX919m2L5F4Jxzbwov4D68iWUmoFzSg/formResponse?pli=1 Paused Consider the following statement of cash flows for Fattal Group company. (in millions) Cash flows from operating activities (CFO): Net income Adjustments to reconcile net income to CFO: 2015 2014 $5,800 $3,300 Depreciation and amortization Deferred income taxes Stock-based compensation (Increase) decrease in operating assets and liabılities: Accounts receivable 550 360 10 (580) 590 170 (380) (6,900) (1,960) (480) (490) Inventories Other current assets 410 Accounts payable Income taxes payable Accrued liabilities 700 690 250 140 (290) 970 170 1.090 Net CFO Cash flows from investing activities: Purchases of property and equipment Acquisitions Net cash used by investing activities Cash flows from financing activities: Proceeds from common stock sales Repayment of short-term line of credit Repayment of long-term debt | Net cash provided by financing activities Net increase in cash…
In 2021, Bank Muscat reported the following amounts in its Balance sheet and Income Statement. Assets 1032600 OMR Liabilities 805500 OMR Interest Revenue 602300 OMR Interest Expense 404000 OMR Earning assets are 75% of Total Assets. Interest Bearing Liabilities are 80% of Total Liabilities. What is the Spread of Bank Muscat? Select one: Oa. 2.54 % Ob. 15.08 % Oc. 8.17 % Od. 27.62 %