Complete the following balance sheet using the given information: Debt ratio =50%. Total assets turnover = 1.5, current ratio =1.8, DSO = 36.5 days, gross profit margin on sales [(sales – cost of goods sold)/sales] = 25%, Inventory turnover ratio = 5. ASSETS ($) LIABILITIES & EQUITY ($)Cash Acccounts PayableAccounts Receivable Long Term Debt 60,000 Inventories Common Stock Fixed Assets __________ Retained Earnings 97,500 Total Assets 300,000 Total Liabilities & Equity ………..

Long-term debt + Retained earnings = $157,500We know Debt-ratio = Total liabilities / Total…

Answered: Complete the following balance sheet…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 19P

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Based upon the information given below, calculate the following: Cash ratio                                  Inventory turnover                                  EPS                                    Total asset turnover Debt ratio                                  Debt-to-equity ratio Times interest earned                ROI Net profit margin                      ROE Market price/Book value             P/E Average Collection Period BALANCE SHEET             ASSETS                                                         LIABILITIES & STOCKHOLDERS EQUITY Cash                                  $ 1,500                               Accounts payable                  $12,500 Marketable securities            2,500                               Notes payable                         12,500 Accounts receivable            15,000                               Total current liabilities         $25,000 Inventory                            33,000                               Long-term…
Based upon the information given below, calculate the following: Current ratio                              Acid test                                  Accounts receivable turnover ratio Cash ratio                                  Inventory turnover                                  EPS                                    Total asset turnover Debt ratio                                  Debt-to-equity ratio Times interest earned                ROI Net profit margin                      ROE Market price/Book value             P/E Average Collection Period BALANCE SHEET             ASSETS                                                         LIABILITIES & STOCKHOLDERS EQUITY Cash                                  $ 1,500                               Accounts payable                  $12,500 Marketable securities            2,500                               Notes payable                         12,500 Accounts receivable            15,000                               Total…
Based upon the information given below, calculate the following: Current ratio                              Acid test                                  Accounts receivable turnover ratio Cash ratio                                  Inventory turnover                             EPS                                         Total asset turnover Debt ratio                                  Debt-to-equity ratio Times interest earned                ROI Net profit margin                      ROE Market price/Book value        P/E BALANCE SHEET               ASSETS                                                         LIABILITIES & STOCKHOLDERS EQUITY Cash                                  $ 1,500                               Accounts payable                  $12,500 Marketable securities            2,500                               Notes payable                         12,500 Accounts receivable            15,000                               Total current liabilities…
Find the below: Cash ratio Inventory turnover EPS Total asset turnover Debt ratio Debt-to-equity ratio Times interest earned ROI Net profit margin ROE Market price/Book value P/E BALANCE SHEET ASSETS LIABILITIES & STOCKHOLDERS EQUITY Cash $ 1,500 Accounts payable $12,500 Marketable securities 2,500 Notes payable 12,500 Accounts receivable 15,000 Total current liabilities $25,000 Inventory 33,000 Long-term debt 22,000 Total current assets…
22. Complete the following balance sheet for the Range Company using the following information: Debt to Assets = 60 percent Quick Ratio=1.1 Asset Turnover = 5x Fixed Asset Turnover 12.037x Current Ratio = 2 Average Collection Period = 16.837 days Cash Receivables Inventory Total Current Assets Plant and Equipment Total Assets $325.000 Current Liabilities Bonds Payable Total Liabilities Net Worth Total Liabilities and Net Worth
Using the data below, calculate the following ratios. Cash 4500 Accts Payable 4400 Accounts Receivable 6200 Wages Payable 2100 Inventory 7000 Notes Payable 4000 Plant & Equipment 7300 Long Term Debt 5000 Equity 9500 Sales = 28,400 Net Income = 2,300 EBIT = 1,00 Interest Charge = 850 Current Ratio b. Quick Ratio Total Asset Turnover d. Fixed Asset Turnover Inventory Turnover f. Interest Coverage TIE Equity Multiplier Tot Assets/Equity h. L/T Debt Ratio ROA…
Using the data below, calculate the following ratios. Cash 4500 Accts Payable 4400 Accounts Receivable 6200 Wages Payable 2100 Inventory 7000 Notes Payable 4000 Plant & Equipment 7300 Long Term Debt 5000 Equity 9500 Sales = 28,400 Net Income = 2,300 EBIT = 1,00 Interest Charge = 850 Fixed Asset Turnover Inventory Turnover f. Interest Coverage TIE Equity Multiplier Tot Assets/Equity h. L/T Debt Ratio ROA j. ROE
We are given the following information for the Pettit Corporation. Sales (credit) Cash Inventory Current liabilities Asset turnover Current ratio Debt-to-assets ratio Receivables turnover $ 2,880,000 188,000 890,000 811,000 1.35 times 2.30 times a. Accounts receivable b. Marketable securities c. Fixed assets d. Long-term debt 40 % 5 times Current assets are composed of cash, marketable securities, accounts receivable, and inventory. Lienser Fraktala TAMARA TANT RISHI TRITATE FAST JET PARETSTRANS I nemal osted or annemangen MANENBER HAGPAINT MANSION LARPURCO Calculate the following balance sheet items. (Do not round intermediate calculations. Round your final answers to the nearest whole number.)
Given the following: Current Assets $ 18,000 Accounts Receivable $ 3,000 Current Liabilities $ 16,000 Inventory $ 2,000 Net Sales $ 41,000 Total Assets $ 29,000 Net Income $ 6,000 Find the following (round to the nearest hundredth if needed): Current Ratio? Acid test quick ratio? Average days collection ? Asset turover ? Profit Margin on net sales?
Complete the balance sheet and sales information in the table that follows for Isberg Industries using the following financial data: Debt ratio: 50% Quick ratio: 0.80 x Total assets turnover: 1.5 x Days sales outstanding: 36.0 days Gross profit margin on sales: (Sales Inventory turnover ratio: 5.0 Cost of goods sold)/Sales 25% Inventory turnover ratio: 5.0 x
Supply the missing components of the Statement of Financial Position and Sales information using the following financial data:Debt ratio: 50%Current ratio: 1.8×Total assets turnover: 1.5×Days sales outstanding: 36.5 days*Gross profit margin on sales: (Sales − Cost of goods sold)/Sales = 25%Inventory turnover ratio: 5×*Calculation is based on a 365-day year.Statement of Financial Position(in Thousands)Cash ________Accounts payable_________Accounts receivable ________Long-term debt PhP120,000Inventories ________Common stock_________Fixed assets ________Retained earnings 195,000Total assets PhP600,000Total liabilities and equity _________Sales _______Cost of goods sold _________
Complete the balance sheet and sales information using the following financial data Total assets turnover: 1.5 X Days sales outstanding: 36.5 days (Calculation is based on a 365-day year) Inventory turnover ratio: 5 X Fixed assets turnover: 3.0 X Current ratio: 2.0 X Gross profit margin on sales: (Sales - Cost of goods sold) ∕ Sales = 25% Cash ------------ Current Liabilities -------- Accounts Receivables ------------ Long Term Liabilities 60000 Inventories ------------ Common Stock -------- Fixed Assets ------------ Retained Earnings 97500 Total Assets 300000 Total Liabilities and Equity --------- Sales Cost of goods sold --------- Interpret the current ratio, total assets turnover ratio, inventory turnover ratio and profit margin on sales.

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ASSETS ($) LIABILITIES & EQUITY ($)
Cash Acccounts Payable
Accounts Receivable Long Term Debt 60,000
Inventories Common Stock
Fixed Assets __________ Retained Earnings 97,500
Total Assets 300,000 Total Liabilities & Equity ………..