Fingertips, Inc. had the following financial data for the year ended December 31, 2017. Cash Cash equivalents $41,000 $76,000 Long term investments $58,000 Total current liabilities $146,000 What is the cash ratio as of December 31, 2017, for Fingertips, Inc.? a. 0.28 b. 0.40 c. 0.47 d. 0.80

Suppose the following financial data were reported by 3M Company for 2021 and 2022 (dollars in millions). Current assets 3M Company Balance Sheets (partial) Cash and cash equivalents Accounts receivable, net Inventories Other current assets Total current assets Current liabilities Screenshot Current ratio Working capital 2022 $ $3,180 3,600 2,738 1,932 $11,450 $4,830 2021 $1,836 3,180 3,019 1,590 Suppose that at the end of 2022, 3M management used $183 million cash to pay off $183 million of accounts payable. How would its current ratio and working capital have changed? (Round current ratio to 2 decimal places, e.g. 1.25: 1. Enter working capital answer to million.) $9,625 $5,887 :1 million Done

Consider the following financial data for Nguyen Industries:     Statement of Financial Position as of December 31, 2018               Cash $ 232,500   Accounts payable $ 86,500 Accts. receivable   357,500   Short-term bank note   254,000 Inventories   150,500   Accrued wages & taxes   80,000   Total current assets $ 740,500     Total current liabilities $ 420,500         Long-term debt   566,000 Net fixed assets   774,500   Common equity   528,500 Total assets $ 1,515,000   Total liab. & equity $ 1,515,000               Profit & Loss Statement for 2018   Industry Average Ratios               Net sales $ 1,894,000   Current ratio 1.4× Cost of goods sold   1,382,500   Quick ratio 1.0× Gross profit $ 511,500   Days sales outstanding 63 days Operating expenses   373,000   Inventory turnover 9.5×   EBIT $ 138,500   Total asset turnover 1.5× Interest expense   64,000   Net…

Please show calculation

Suppose the following financial data were reported by 3M Company for 2021 and 2022 (dollars in millions). 3M Company Balance Sheets (partial) Current assets Cash and cash equivalents Accounts receivable, net Inventories Other current assets Total current assets Current liabilities 2022 $3,010 3,510 2,765 1,914 2021 $4,770 $1,908 3,195 3,028 1,621 $11,199 $9,752 $5,800

Given the data in the following table, the Net Profit Margin in 2023 was… % (table is attached) 1) 12.74 2 ) 16.73 3) 15.49 4) 11.69 5) 10.62

Below are Laiho Industries’ 2017 and 2018 balance sheet items:   2018 2017       Cash  $          102,850.00  $           89,725.00 Accounts Receivable  $          103,365.00  $           85,527.00 Long-Term Debt  $             76,264.00  $           63,914.00 Accounts Payable  $             30,761.00  $           23,109.00 Common Stock (total value)  $          100,000.00  $           90,000.00 Notes Payable  $             16,717.00  $           14,217.00 Net Fixed Assets  $             67,165.00  $           42,436.00 Accruals  $             30,477.00  $           22,656.00 Inventories  $             38,444.00  $           34,982.00 Retained Earnings  $             57,605.00  $           38,774.00   Sales for 2018 were $455,150, and EBITDA was 15% of sales.  Furthermore, depreciation and amortization were 11% of net fixed assets, interest was $8,575, the corporate tax rate was 40%, and Laiho pays 40% of its net income as dividends.   Given this information, construct the firm’s 2018…

M7Q1 Redo

has the following balance sheet (December 31, 2023). The figures are in $ million. Cash Short-term investments Accounts receivable Inventory Current assets Gross fixed assets Accumulated deprec. Net fixed assets $40 30 30 70 170 250 50 200 Total assets Accounts payable Accruals Notes payable $370 Current liabilities Long-term debt Common stock (par value=$1) Retained earnings Total common equity Total liab. & equity Note that only 50% of "cash" (shown in the balance sheet above) is used in operation. $30 50 10 90 70 30 180 210 Use the above information to answer questions 8 8. What is its total operating capital for 2023? $240 m $370

compute the cash ratios for 2018 and 2017 ​(Round your answers to two decimal​ places, X.XX.) 2018:? 2017:? here is the data table Ranfield, Inc. Comparative Balance Sheet December 31, 2018 and 2017       2018 2017 2016*     Assets           Current Assets:           Cash $91,000 $90,000       Accounts Receivables, Net 112,000 119,000 $102,000     Merchandise Inventory 148,000 160,000 202,000     Prepaid Expenses 17,000 6,000       Total Current Assets 368,000 375,000       Property, Plant, and Equipment, Net 213,000 174,000       Total Assets $581,000 $549,000 $596,000     Liabilities           Total Current Liabilities $223,000 $241,000       Long-term Liabilities 115,000 98,000       Total Liabilities 338,000 339,000                   Stockholders' Equity…