?? If a company's cost of goods sold is$200,000, beginning inventory is$30,000, ending inventory is$50,000 and $12,000 is annualinsurance premium, what is theamount of purchases during theperiod? a) $180,000 b) $207,000 c)$229,000 d) $240,000 A companyissues 10,000 shares of commonstock at $25 per share. The parvalue is $5 per share and $30,000 isannual marketing expense. What isthe amount of additional paid-incapital? a) $580,000 b) $280,000 c)$255,000 d) $150,100

1. Amount of Purchases:Formula:Purchases = Cost of Goods Sold + Ending Inventory - Beginning…

Answered: If a company's cost of goods sold is…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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1. ABC Had sales of P12,000,000 of which all were on credit. Its operations resulted to a gross profit margin of 60%. If the inventory was P600,000 and P1,000,000 at the beginning and end of the year, what is the inventory turnover? 2. Review the incomplete horizontal analysis shown in the image. Assuming that for 2021, the debt-to-equity ratio of the firm is 1:2, and 40% of the liabilities is current, what is the current ratio? 2020 in pesos 2021 in percent P ??? Current Assets 110% Noncurrent Assets 2,500,000 105% Total Assets P 3,000,000 ???% 3. An entity has an earnings per share of P5.10 while its dividends yield is 7.5%. If its average market price per share is P60, what is the entity's earnings retention rate?
For the year ended December 31, 2022, Settles Incorporated earned an ROI of 8.8 %. Sales for the year were $9 million, and average asset turnover was 2.2. Average stockholders' equity was $2.9 million. Required: a. Calculate Settles Incorporated's margin and net income. Note: Round "Margin" answer to 1 decimal place. Enter the net income answer in dollars, i.e., $5 million should be entered as 5,000,000. b. Calculate Settles Incorporated's return on equity. Note: Round your answer to 1 decimal place. a. Margin a. Net income % b. Return on equity %
For the year ended December 31, 2022, Settles Incorporated earned an ROI of 10.5%. Sales for the year were $9 million, and average asset turnover was 2.1. Average stockholders' equity was $2.8 million. Required: Calculate Settles Incorporated's margin and net income. Note: Round "Margin" answer to 1 decimal place. Enter the net income answer in dollars, i.e., $5 million should be entered as 5,000,000. Calculate Settles Incorporated's return on equity. Note: Round your answer to 1 decimal place.
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What is the price sales ratio?
Oliver Incorporated has a current ratio sales and its current liabilities are $2 million. What is the company's inventory turnover ratio? = 2.6, and a quick ratio equal to 2.2. The company has $4 million in
A company has current liability of $500million, and its current ratio is 2.0. If the firm’s quick ratio is 1.2. How much inventory does it have? a. $400milliomb. $600milliomc. $300milliond. $500million
A company has current liability of $500million, and its current ratio is 2.0. If the firm’s quick ratio is 1.2. How much inventory does it have?a. $400milliomb. $600milliomc. $300milliond. $500million
A firm had the following financials last year: Sales Revenue = $3,060Accounts receivable = $500Interest expense = $126Total operating expenses = $600Accounts payable = $240Cost of goods sold = $1,800Dividend on preferred stock = $18Tax rate = 40% Number of outstanding number of common shares = 1,000 The E.P.S of the firm, rounded to four decimal places is
A firm had the following financials last year: Sales Revenue = $3,060Accounts receivable = $500Interest expense = $126Total operating expenses = $600Accounts payable = $240Cost of goods sold = $1,800Dividend on preferred stock = $18Tax rate = 40% Number of outstanding number of common shares = 1,000 The E.P.S of the firm, rounded to four decimal places is a. $0.5335 b. $0.3204 c. $0.3024
The Paulson Company's year-end balance sheet is shown below Its cost of common ty is 10%, ts before-tax cast of debt is 11%, and to marginal tax rate 2% that the fo term debt and long-term debt, equals $1,142. The firm has 576 shares of common stock outstanding that s Assets Cash Accounts receivable Inventories Plant and equipment, net Total assets $ 120 340 360 2,160 $2,000 Liabities And Equity Accounts payable and accruals Short-term debt Long-term debt Common equity $ 10 42 1,100 1,728 Totals and equ $3,000 Calculate Paulson's WACC using market value weights. Do not und intermediate calculations Round your answer to two decal places

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