(d)   Current ratio   enter the ratio rounded to 2 decimal places :1 (e)   Accounts receivable turnover   enter a number of times rounded to 1 decimal place times (f)   Average collection period   enter a number of days rounded to 1 decimal place days (g)   Inventory turnover   enter a number of times rounded to 1 decimal place times (h)   Days in inventory   enter a number of days rounded to 1 decimal place days (i)   Times interest earned   enter a number of times rounded to 1 decimal place times (j)   Asset turnover   enter a number of times rounded to 2 decimal places times (k)   Debt to assets ratio   enter percentages rounded to 1 decimal place % (l)   Free cash flow   $enter a dollar amount

Retail Corporation reported the following Income Statement for the past two years: Retail Corporation Comparative Income Statement For the Years Ended December 31, 2021 and 2020       2021   2020         Amount   Amount     Sales    $  30,100,100    $  26,210,200     Cost of goods sold      22,425,500        18,950,800     Gross profit          7,674,600          7,259,400     Selling expenses        1,525,500          1,480,600     Administrative expenses        1,425,300          1,325,000     Total operating expenses        2,950,800          2,805,600     Income from operations        4,723,800          4,453,800     Interest Expense            190,500              210,600     Other income                62,500                55,500     Income before income tax        4,595,800          4,298,700     Income tax expense        1,608,500          1,312,400     Net income    $    2,987,300    $    2,986,300                 a. What was Retail…

Provided below are the financial statements for J Ltd.: Income statement Balance Sheet Net sales $984 2021 2020 Assets Cost of goods sold $752 Current assets $452 $354 Depreciation $27 Long-term assets $389 $374 EBIT $205 Total assets $841 $728 Interest expense $25 Liabilities and shareholders' equity Current liabilities $247 $164 Income before taxes $180 Long-term debt $157 $145 Taxes $27 Shareholders' equity $437 $419 Net income $153 Total liabilities and shareholders' equity $841 $728 Calculate economic value added (EVA), assuming cost of capital is 7.5%. (Round all the intermediate calculations and the final answer to 2 decimal places) $131.95 $135.70 $98.40 $129.70

LOGIC COMPANY Comparative Income Statement For Years Ended December 31, 2022 and 2023 2023 Gross sales Sales returns and allowances Net sales Cost of merchandise (goods) sold Gross profit Operating expenses: Depreciation Selling and administrative Research Miscellaneous Total operating expenses Income before interest and taxes Interest expense Income before taxes Provision for taxes Net income Current assets: Cash Plant and equipment: Building (net) Land Accounts receivable. Merchandise inventory. Prepaid expenses Total current assets Total assets Assets Total plant and equipment Liabilities Current liabilities: Accounts payable Salaries payable Total current liabilities Common stock Retained earnings LOGIC COMPANY Comparative Balance Sheet December 31, 2022 and 2023 Long-term liabilities: Mortgage note payable Total liabilities. Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Average day's collection ratio $ 20,200 1,000 $19,200 11,700 $7,500…

Selected comparative financial statements of Korbin Company follow.  KORBIN COMPANY Comparative Income Statements For Years Ended December 31   2021 2020 2019 Sales $ 508,246 $ 389,358 $ 270,200 Cost of goods sold 305,964 246,853 172,928 Gross profit 202,282 142,505 97,272 Selling expenses 72,171 53,731 35,666 Administrative expenses 45,742 34,264 22,427 Total expenses 117,913 87,995 58,093 Income before taxes 84,369 54,510 39,179 Income tax expense 15,693 11,175 7,953 Net income $ 68,676 $ 43,335 $ 31,226   KORBIN COMPANY Comparative Balance Sheets December 31   2021 2020 2019 Assets       Current assets $ 60,248 $ 40,324 $ 53,904 Long-term investments 0 1,000 3,350 Plant assets, net 113,627 103,113 62,412 Total assets $ 173,875 $ 144,437 $ 119,666 Liabilities and Equity       Current liabilities $ 25,386 $ 21,521 $ 20,942 Common stock 66,000 66,000 48,000 Other paid-in capital 8,250 8,250 5,333 Retained earnings 74,239 48,666…

Here are comparative financial statement data for Bramble Company and Debra Company, two competitors. All data are as of December 31, 2022, and December 31, 2021.     Bramble Company   Debra Company     2022   2021   2022   2021 Net sales   $1,896,000       $561,000     Cost of goods sold   1,020,048       297,330     Operating expenses   257,856       79,662     Interest expense   7,584       3,927     Income tax expense   54,984       6,171     Current assets   322,500   $310,000   83,500   $78,000 Plant assets (net)   520,800   500,300   139,800   123,000 Current liabilities   64,200   75,600   34,400   29,600 Long-term liabilities   108,400   90,400   28,400   26,000 Common stock, $10 par   498,000   498,000   122,500   122,500 Retained earnings   172,700   146,300   38,000   22,900   Compute the 2022 return on assets and the return on common stockholders’ equity ratios for both companies. (Round answers to 1 decimal…

MOSS COMPANY Income Statement For Year Ended December 31, 2021 Sales Cost of goods sold Gross profit Operating expenses (excluding depreciation) Depreciation expense Income before taxes Income taxes expense Net income MOSS COMPANY Selected Balance Sheet Information 2021 At December 31 Current assets Cash Accounts receivable Inventory Current liabilities Accounts payable Income taxes payable $91,150 31,500 66,500 Cash flows from operating activities: 43,400 2,700 $ 549,000 357,600 191,400 128,500 49,000 13,900 8,100 $ 5,800 2028 $ 33,300 45,000 55,400 32,200 3,500 Use the information above to calculate cash flows from operating activities using the indirect method. Note: Amounts to be deducted should be indicated by a minus sign. Adjustments to recor net come to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities $ 49.000 $ 49,000 49,000

Here are comparative financial statement data for Bramble Company and Debra Company, two competitors. All data are as of December 31, 2022, and December 31, 2021. Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Bramble Company 2022 $1,896,000 1.020,048 257,856 Return on assets 7,584 54,984 322,500 520,800 O 64,200 Plant assets (net) Current liabilities Long-term liabilities Common stock, $10 par Retained earnings 2021 Return on common stockholders' equity 520,800 64,200 Debra Company $561,000 297,330 79,662 3,927 6,171 $310,000 83,500 $78,000 500,300 139,800 123,000 75,600 29,600 108,400 498,000 172,700 2022 34,400 500,300 2021 498,000 146,300 Bramble Company 75,600 90,400 67.2 % % 139,800 34,400 28,400 122,500 Compute the 2022 return on assets and the return on common stockholders' equity ratios for both companies. (Round answers to 1 decimal place, eg. 12.1%) 38,000 123,000 Debra Company 29,600…

[The following information applies to the questions displayed below.] Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 Sales. Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income Assets Current assets Long-term investments. Plant assets, net Total assets Liabilities and Equity Current liabilities KORBIN COMPANY Comparative Balance Sheets 2020 2021 $548,688 $ 420,340 330,310 263,974 218,378 156,366 77,914 58,007 49,382 36,990 127,296 94,997 91,082 61,369 16,941 12,581 $ 74,141 $ 48,788 Common stock Other paid-in capital Retained earnings Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income December 31 2021 $ 62,574 % 0 % $ 41,881 $ 55,985 1,200 3,920 114,438 103,962 61,920 $177,012 $ 147,043 $ 121,825 $ 25,844 65,000 8,125…

elected items from Lemus Enterprises 12-31-2019 and 12-31-2018, financial statements are presented below:   2019   2018 Accounts receivable $ 40,000     $ 36,000   Merchandise inventory $ 28,000       35,000   Net sales   190,000       186,000   Cost of goods sold   114,000       108,000   Total assets   425,000       405,000   Total shareholders' equity   240,000       225,000   Net income   32,500       28,000   Lemus's 2019 asset turnover is (rounded): Group of answer choices 3.73. 2.79. 2.24. 0.46.