Given the following information: ITEM 2019 2020 Accounts Receivable 1,500 2,000 Accounts Payable 750 500 Accumulated Depreciation 1,000 1,500 Expense Accruals 500 750 Cash 1,000 1,300 Common Stock at Par @ $0.10 500 750 Cost of Goods Sold (COGS) 3,000 3,500 Depreciation Expense 750 500 Interest Expense Inventory Long Term Debt Operating Expenses Net Fixed Assets 500 750 2,500 2,800 1,500 1,850 500 750 4,000 4,500 Notes Payable Retained Earnings Sales Taxes Which of the following statement is correct? 750 500 1,500 1,750 5,300 6,000 220 200 Compared to in 2019, the firm's gross profit margin increases in 2020 Compared to in 2019, the firm's working capital increases in 2020 Compared to in 2019, the firm's equity multiplier increases in 2020 Compared to in 2019, the firm is less likely to repayits short term debt

Use the financial statements of Helfer Sports Inc. to find the information below for Heifer, (Use 365 days a year. Round all answers to 2 decimal places except $ amounts.) Income Statement Sales Cost of goods sold Depreciation Selling and administrative expenses EBIT Interest expense Taxable income Taxes Net Income Balance Sheet, Year-End Assets Cash Accounts receivable Inventory Total current assets Fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Short-tere debt Tatal current liabilities Long-term bonds Total liabilities 2020 $ 5,630,000 2,936,000 289,400 1,550,000 854,600 138,000 716,600 320,300 S 396,300 $ 5 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity S 2020 48,400 S 649,000 481,800 2019 54,000 932,200 648,400 $1,179,200 $1,634,600 3,060,000 3,793,000 $4,239,200 $5,427,600 $ 336,400 $ 623,000 762,200 $1,385,200 3,049,300 $4,434,500 $1,129,400 $4,239,200 491,000 $ 827,400 2,282,400 $3,109,800 $…

Data Table al staten þund he Inventory 6,480 sheet for b) as par Common stock 44,920 Cash 16,500 your an Operating expenses 1,340 Short-term notes payable 620 Interest expense 950 d to the n Depreciation expense 490 sheet for Sales 12,710 Accounts receivable 9,620 om the di Accounts payable 4,820 Long-term debt 54,710 Cost of goods sold 5,770 Buildings and equipment 122,190 Accumulated depreciation 34,120 Taxes 1,400 General and administrative expense 840 $ Done nple %24

Northrend Clothiers reported the following selected items at July 31, 2024 (last year's-2023-amounts also given as needed): (Click the icon to view the financial data.) Compute Northrend's (a) acid-test ratio, (b) accounts receivable turnover ratio, and (c) days' sales in receivables for the year ending July 31, 2024. Evaluate each ratio value as strong or weak. Northrend sells on terms of net 30. (Round days' sales in receivables to a whole number.) (Ignore leap-years, using a 365-day where needed.) (a) Compute Northrend's acid-test ratio. (Round your final answer to two decimal places. Abbreviation used: Avg. = Average; Invest. = Investment, Liab. = Liabilities; Merch. = Merchandise, Receiv. = Receivable; Rev. Revenue.) + + + )+ )+ = Acid-test ratio

The following is an example of: Cash Accounts receivable Inventory Equipment Total assets 10 Multiple Choice O O Ratio analysis. Horizontal analysis. Vertical analysis. Year NOV 17 2024 $300,000 500,000 800,000 1,200,000 $2,800,000 $2,600,000 2023 $800,000 200,000 700,000 900,000 ST 2

Consider the following timeline: Date Cash flow $100 OA. $627 OB. $482 OC. $600 OD. $964 2 $200 3 $300 If the current market rate of interest is 10%, then the present value (PV) of this timeline as of year 0 is closest to ICCESS

Cash Short-term investments Receivables (net) Inventory Total current liabilities (a) December 31, 2020 $40,400 20,300 113,375 78,070 105,500 Current ratio December 31, 2019 $32,700 18,400 During 2020, net sales were $1,441,125, and cost of goods sold was $1,091,775. :1 92,500 67,500 91,500 Compute the current ratio at December 31, 2020. (Round answer to 2 decimal places, e.g. 15.25.)

need formula for cost of goods sold CURRENT ASSETS     Cash and cash equivalents  $ 607,987  $ 480,626 Accounts receivable, net 104,500 80,545 Inventory 26,445 26,096 Prepaid expenses and other current assets 54,906 57,076 Income tax receivable 282,783 27,705 Investments 343,616 400,156 Total current assets 1,420,237 1,072,204 Leasehold improvements, property and equipment, net 1,584,311 1,458,690 Long term investments 102,328 0 Restricted cash 27,849 27,855 Operating lease assets 2,767,185 2,505,466 Other assets 59,047 18,450 Goodwill 21,939 21,939 Total assets 5,982,896 5,104,604 Current liabilities:     Accounts payable 121,990 115,816 Accrued payroll and benefits 203,054 126,600 Accrued liabilities 164,649 155,843 Unearned revenue 127,750 95,195 Current operating lease liabilities 204,756 173,139 Total current liabilities 822,199 666,593 Commitments and contingencies (Note 12)     Long-term operating lease liabilities 2,952,296…

Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Het sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income Cash Accounts receivable Inventory Total Net fixed assets Total assets 2021 What is the equity multiplier for 20227 $11,100 8,050 430 $ 2,620 104 $2,516 881 $ 1,635 Windswept, 2921 and 2022 Balance Sheets. (in millions) 2022 $300 1,150 1,050 2,060 1,775 $ 3,510 $3,155 3,520 4,120 $7,030 $7,275 $ 330 porated Accounts payable Long-term debt Common stock Retained earnings Total liabilities & equity 2021 $1,870 1,090 3,400 670 2022 $1,932 1,373 3,050 920 $7,030 $7,275.

Account Accounts payable Accounts receivable Accumulated depreciation 12/31/2021 Balances 12/31/2022 Balances 27,000 19,000 51,000 46,000 95,000 125,000 Notes Paya ble 22,000 22,000 Cash Common stock Depreciation expense Equipment Income tax expense 48,000 31.000 150,000 150,000 30,000 205,000 285,000 21% of pre-tax income Inventory Rent Expense 11,000 40,000 22,000 Cost of goods sold Prepaid rent Retained earnings 233.000 10,000 16,000 22,000 ?? Revenues 385,000 Dividends of 11,000 were declared during the year Income tax expense is 21% of income before taxes а. Create an income statement for the year ended 12/31/2022 Create i (Ctrl) - sheet as of 12/31/2022 (you will need to determine ending retained earnings) b.