Given the following information for the Green Company:   Net sales (all on account)               $5,200,000 Interest expense                            240,000 Income tax expense                          280,000 Net income                                  420,000 Income tax rate                                 40% Total assets:          January 1, 2010                       $1,800,000    December 31, 2010                      2,400,000 Stockholders' equity:        January 1, 2010                        1,500,000    December 31, 2010                      1,600,000 Current assets, December 31, 2010           700,000 Quick assets, December 31, 2010             400,000 Current liabilities, December 31, 2010      300,000 Net accounts receivable:                January 1, 2010                          200,000    December 31, 2010                        180,000   Green's return on total assets during 2010 was:   Question 15 options:   a)  20.0%   b)  26.9%   c)  31.4%   d)  36.7%

ancial Statements Nataro, Incorporated, has sales of $676,000, costs of $338,000, depreciation expense of $82,000, interest expense of $51,000, and a tax rate of 24 percent. What is the net income for this firm? (Do not round intermediate calculations.) Net income

The most recent financial statements for Mixton, Incorporated, are shown here: INCOME STATEMENT Sales Costs Taxable income Taxes (22%) Net income $ 52,000 Assets 42,400 $ 9,600 2,112 $ 7,488 Total BALANCE SHEET Debt Equity Total Answer is complete but not entirely correct. External financing needed s 11,990 X $ 115,700 $ 115,700 $ 34,500 81,200 $ 115,700 Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,900 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $61,360. What is the external financing needed? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.

Active Fast Berhad has the following income statement items for 2021:   Revenue/Sales RM559,236 Cost of goods sold RM311,003 EBIT RM248,233 Interest expenses RM93,938 Income tax expenses RM54,003 Dividend payment 40% of net profit What is the amount of the firm's retained earnings?   Select one: a. RM163,438 b. RM60,175 c. RM40,117 d. RM148,910

The following financial statements relate to Inna Projects Limited:Statement of Comprehensive Income for the year ended 30 June 2018R’000Sales (Credit)8 000Cost of sales2 000Gross profit6 000Operating expenses2 800Operating profit3 200Interest expense220Profit before tax2 980Tax (25%)745Profit after tax2 235Statement of Financial Position as at 30 June 2018ASSETSR’000R’000Non-current assets45 320Current assets13 980Inventory5 080Debtors7 600Bank1 30059 300EQUITY AND LIABILITIESOwners’ equity54 040Capital39 000Retained income15 040Non-current assets3 000Current liabilities2 260Creditors2 26059 300Note: Inventory on 1 July 2017 amounted R3 000 000.Required:Calculate the following ratios and where applicable round off answers correctly to two decimal places:2.1 Gross margin (5)2.2 Inventory turnover (5)2.3 Debtors collection period (5)2.4 Return on own capital (5)2.5 Acid test ratio (5

The balance sheet of ATLF, Inc. reports total assets of $950,000 and $1,050,000 at the beginning and end of the year, respectively. Net income and sales for the year are $100,000 and $800,000, respectively. What is ATLF's profit margin?   Select one: a. 8% b. 15% c. 10% d. 80% e. 12.5%

NRH Corp.Common-sizeIncome Statement   Sales          100% Cost of goods sold            63  Operating expenses             21 Interest expense              5 Income tax                4 Net income              7% Sales $8,000,000   NRH Corp. Common-size Balance Sheet   Cash             5% Accounts receivable            20 Inventory            25 PP&E, net               50 Total assets         100% Short-term debt           20% Long-term debt            35 Common equity               45 Total liabilities and equity 100% Total assets $6,000,000       NRH Corp’s current ratio is closest to: 1.90. 1.20. 2.50.   NRH Corp’s times interest earned ratio is closest to: 1.6. 7.0. 3.2.

Based on the below information and a 22% tax rate - trying to determine the Net Operating Profit after tax.    3M Company Consolidated Statements Of Earnings $ millions Dec. 31, 2018 Dec. 31, 2017 Net sales  $                      32,765  $                         31,657 Cost of sales  $                      16,682  $                         16,055 Research, development and engineering expenses  $                        1,821  $                           1,870 Selling, general and administrative expenses  $                        7,602  $                           6,626 Gain on sale of business -$                           547 -$                              586 Total operating expenses  $                      25,558  $                         23,965 Operating income  $                        7,207  $                           7,692 Nonoperating expense, net  $                           207  $                              144 Earnings before income taxes  $…

Given the following information for the Green Company:Net sales (all on account)                $5,200,000Interest expense                             240,000Income tax expense                           280,000Net income                                   420,000Income tax rate                                  40%Total assets:         January 1, 2010                        $1,800,000   December 31, 2010                       2,400,000Stockholders' equity:       January 1, 2010                         1,500,000   December 31, 2010                       1,600,000Current assets, December 31, 2010            700,000Quick assets, December 31, 2010              400,000Current liabilities, December 31, 2010       300,000Net accounts receivable:               January 1, 2010                           200,000   December 31, 2010                         180,000 Green's accounts receivable turnover for 2010 was:   Question 16 options:   a)  2.2 times…

Income Statement   Balance Sheet     Sales $ 29,300     Assets $ 22,500     Debt $ 6,000     Costs   22,870             Equity   16,500                               Net income $ 6,430       Total $ 22,500       Total $ 22,500                               The company has predicted a sales increase of 6 percent. Assume the company pays out half of net income in the form of a cash dividend. Costs and assets vary with sales, but debt and equity do not.   Prepare the pro forma statements. (Input all amounts as positive values. Do not round intermediate calculations and round your answers to the nearest whole dollar amount.)     Pro forma income statement   Pro forma balance sheet Sales     Assets   Debt   Costs       Equity   Net income   Total   Total     What is the external financing needed?