#5 OCategoryPrior yearCurrentyearAccounts payable41,40045,000Accounts receivable115,200122,400Accruals16,20013,500Additional paid in capital200,000216,660Cash??????Common Stock @ par value37,60042,000COGS131,400174,291.00Depreciation expense21,60023,154.00Interest expense16,20016,447.00Inventories111,600115,200Long-term debt135,000137,086.00Net fixed assets375,289.00399,600Notes payable59,40064,800Operating expenses (excl.depr.)50,40061,944.00Retained earnings122,400136,800Sales255,600337,419.00Taxes9,90019,240.00What is the current year's return on equity (ROE)?SubmitAnswer format: Percentage Round to: 2 decimal places(Example: 9.24%, % sign required. Will accept decimalformat rounded to 4 decimal places (ex: 0.0924))unanswerednot_submittedAttempts Remaining: Infinity

Answered: Category Prior year Current year…

Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

#5 O
Category
Prior year
Current
year
Accounts payable
41,400
45,000
Accounts receivable
115,200
122,400
Accruals
16,200
13,500
Additional paid in capital
200,000
216,660
Cash
???
???
Common Stock @ par value
37,600
42,000
COGS
131,400
174,291.00
Depreciation expense
21,600
23,154.00
Interest expense
16,200
16,447.00
Inventories
111,600
115,200
Long-term debt
135,000
137,086.00
Net fixed assets
375,289.00
399,600
Notes payable
59,400
64,800
Operating expenses (excl.
depr.)
50,400
61,944.00
Retained earnings
122,400
136,800
Sales
255,600
337,419.00
Taxes
9,900
19,240.00
What is the current year's return on equity (ROE)?
Submit
Answer format: Percentage Round to: 2 decimal places
(Example: 9.24%, % sign required. Will accept decimal
format rounded to 4 decimal places (ex: 0.0924))
unanswered
not_submitted
Attempts Remaining: Infinity

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Accounts payable $ 40,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 30,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 110,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 30,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 Based on the above data, what is the amount of working capital? Group of answer choices
Year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Inventory Prepaid rent Current Year 1 Year Ago 2 Years Ago $ 26,725 77,457 $ 31,858 95,459 8,436 240,403 30,967 41,290 43,529 52,503 73,671 8,200 220,389 3,372 193,642 $ 312,800 $ 42,115 69,129 162,500 Machinery, net Total assets $ 448,480 $ 386,621 Liabilities and Equity Accounts payable $ 110,555 Long-term notes payable 83,471 $ 65,992 88,034 Common stock 162,500 Retained earnings 91,954 162,500 70,095 39,056 Total liabilities and equity $ 448,480 $ 386,621 $ 312,800 Complete this question by entering your answers in the tabs below. Required 3A Required 3B Compute times interest earned for the current year and one year ago. Current Year 1 Year Ago Times Interest Earned Choose Numerator: / Choose Denominator: I II 11 Times interest earned times times
Accounts payable 919 Accounts receivable 631 Accumulated depreciation 1,813 Cash 729 Common stock 1,387 Cost of goods sold 7,578 Current portion of long-term debt 24 Depreciation expense 108 Dividends 13 Goodwill and other long-term assets 2,627 Income tax expense 24 Income taxes payable 12 Interest expense 54 Interest revenue 11 Inventories 930 Long-term liabilities 1,585 Prepaid expenses and other current assets 65 Property and equipment 2,389 Retained earnings 825 Sales 9,710 Selling, general, and administrative expenses 2,276 Unearned revenue 990 Wages payable 148 Prepare the balance sheet.
Balance Sheet December 31 Assets Cash Inventory Equipment Accounts receivable Less: Accumulated depreciation $ 21,000 520,000 142,500 $ 624,000 78,000 546,000 Total assets $ 1,229,500 Liabilities and Equity Liabilities Accounts payable Loan payable Taxes payable (due March 15) $ 355,000 11,000 88,000 454,000 Equity Common stock Retained earnings $ 474,500 301,000 775,500 Total liabilities and equity $ 1,229,500 To prepare a master budget for January, February, and March, use the following information. a. The company's single product is purchased for $30 per unit and resold for $58 per unit. The inventory level of 4,750 units on December 31 is more than management's desired level, which is 20% of the next month's budgeted sales units. Budgeted sales are January, 6,500 units; February, 9,000 units; March, 11,000 units; and April, 10,000 units. All sales are on credit. b. Cash receipts from sales are budgeted as follows: January, $233,100; February, $722,857; March, $519,245. c. Cash…
99 )
Complete: Round to Nearest Current Assets Amount Hundredth Percent Cash $ 12,000 % Accounts receivable 9,000 % Prepaid rent Merchandise inventory 5,000 $ 28.000 Total current assets 100 %
85 )
#8 Item Prior year Current year Accounts payable 8,118.00 7,921.00 Accounts receivable 6,037.00 6,546.00 Accruals 991.00 1,310.00 Cash ??? ??? Common Stock 11,601.00 12,956.00 COGS 12,736.00 18,335.00 Current portion long-term 5,077.00 4,951.00 debt Depreciation expense 2,500 2,817.00 Interest expense 733 417 Inventories 4,286.00 4,812.00 Long-term debt 14,771.00 13,457.00 Net fixed assets 51,237.00 54,139.00 Notes payable 4,325.00 9,906.00 Operating expenses (excl. 13,977 18,172 depr.) Retained earnings 28,135.00 30,497.00 Sales 35,119 47,877.00 Таxes 2,084 2,775 What is the firm's cash flow from financing? Submit Answer format: Number: Round to: 0 decimal places.
Item Prior year Current year Accounts payable 8,194.00 7,893.00 Accounts receivable 6,066.00 6,786.00 Accruals 977.00 1,572.00 Cash ??? ??? Common Stock 11,869.00 12,264.00 COGS 12,616.00 18,108.00 Current portion long-term debt 5,038.00 5,064.00 Depreciation expense 2,500 2,825.00 Interest expense 733 417 Inventories 4,145.00 4,778.00 Long-term debt 13,680.00 14,055.00 Net fixed assets 50,966.00 54,551.00 Notes payable 4,331.00 9,956.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,104.00 29,983.00 Sales 35,119 45,456.00 Taxes 2,084 2,775 What is the firm's net income in the current year? . .
What is the amount of current assets, assuming the accounts Accounts Payable $12,000 Buildings 70,000 Cash 8,000 Accounts Recelvable 7,000 Seles Tex Payable 5,000 Retained Earnings 47,000 Supplies 2,000 Notes Payable (due in 18 months) Interest Payable 35,000 3,000 Common Stock 45,000
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