Laiho Industries's 2017 and 2018 bal- .---n DIAIEMILI, ance sheets (in thousands of dollars) are shown. 2018 2017 Cash $102,850 $ 89,725 Accounts receivable 103,365 85,527 Inventories 38,444 34,982 Total current assets $244,659 $210,234 Net fixed assets 67,165 42,436 $252,670 Total assets $311,824 Accounts payable $ 30,761 $ 23,109 Accruals 30,477 22,656 Notes payable 16,717 14,217 $ 59,982 $ 77,955 76,264 $154219 Total current liabilities Long-term debt 63,914 $123,896 Total liabilities Common stock 100,000 90,000 Retained earmings 57,605 $157,605 38,774 Total common equity Total liabilities and equity $128,774 $311,824 $252,670

Presented below are the comparative income and retained eamings statements for Buffalo Inc. for the years 2020 and 2021. 2021 2020 Sales $314,000 $272,000 Cost of sales 200,000 147,000 Gross profit 114,000 125,000 Еxpenses 94,500 52,700 Net income $19,500 $72,300 Retained earnings (Jan. 1) $116,900 $70,700 Net income 19,500 72,300 Dividends (27,000 ) (26,100 ) Retained earnings (Dec. 31) $109,400 $116,900 The follawing additional information is provided: In 2021, Buffalo Inc. decided to switch its depreciation method from sum-of-the-years' digits to the straight-line method. The assets were purchased at the beginning of 2020 for $98,000 with an estimated useful life of 4 years and no salvage value. (The 2021 income statement contains depreciation expense of $29,400 on the assets purchased at the beginning of 2020.) 1. In 2021, the company discovered that the ending inventory for 2020 was overstated by $24,100; ending inventory for 2021 is correctly stated. 2. Prepare the revised…

- What are the firm’s current ratios for 2018 and 2019?

. Moody Instruments had retained earnings of $300,000 at December 31, 2017. Netincome for 2018 totaled $200,000, and dividends declared for 2018 were $55,000. How muchretained earnings should Moody report at December 31, 2018?a. $500,000b. $445,000c. $300,000d. $355,000

SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $365,700 in 2023 and $335,800 in 2022 Equity and Liabilities share capital-connen (137, 700 shares issued) Retained earnings (ote 1) Accrued liabilities sotes payable (current) Accounts payable Total egrity and liabilities Return on equity Note 1 Cash dividends were paid at the rate of $1 per share in 2022 and 52 per shore in 2023 Required: 1. Calculate the return on common there equity for 2022 and 2023. (Assurne total equity was $1,454,000 at December 31, 2021) (Round your answers to 1 decimal piace) 2022 23.4 $1,417,500 $1,417,500 417,700 10,300 22,700 59,500 2023 225 111,300 6,500 65,500 179,000 $1,937,700 $1,979,200 2. Calculate the book value per shares for 2022 and 2023 (Round your answers to 2 decimal places) 2022 XX S1254 S 13.31

1. During 2021, Target Corporation had: Revenue of $623,000 Cost of Goods Sold of $250,000 Operating expenses of $68,000 Interest expense of $4,000 Depreciation Expense of $13,000       During the year Target Corporation paid: 50% of net income in dividends 21% in corporate taxes   a. Prepare a multi-step income statement on Sheet 1 of your spreadsheet. Include the dividend and additions to Retained Earnings below the income statement.   b. Calculate Target's Operating Cash Flow beneath the Income Statement.   2. The following data refers to the 2021 year-end account balances for Target.  However, the Retained Earnings balance is as of 12/31/2020. The accounts are listed in alphabetical order.                                                                                              $ Accounts Payable 25,000  Accounts Receivable 16,000  Accumulated Depreciation 175,000 Cash 44,000  Common Stock 120,000  Fixed Assets (gross) 390,000…

Godo

For its fiscal year ending on June 30, 2018, Microsoft reported net income of $12.96 billion from sales of $112.97 billion. The company also reported total assets of $245.56 billion. a. Calculate Microsoft's total asset turnover and its net profit margin. b. Find the company's ROA, ROE, and book value per share, given that it has a total net stockolders' equity of $75.89 billion and 6.86 billion shares of common stock outstanding. a. Microsoft's total asset turnover is (Round to two decimal places.)

C Company has the following data for the year ending 12/31/2020 (dollars are in thousands): Net income = $600; EBIT = $1,184; Total assets = $3,000; Short-term investments = $200; Total capital employed = $2,193; and tax rate = 30%. The company’s WACC is 11.07%. What was its Economic Value Added (EVA) for the year 2020?  Round your answer to the nearest dollar. Group of answer choices: $583 $586 $577 $572 $580

G. C. Murphey’s 2016 financial statements show average shareholders’ equity of $20,412 million, net income of $5,040 million, and average total assets of $86,700 million.How much is G. C. Murphey’s return on assets for the year?   Question 21 options:   A)  4.77%   B)  5.81%   C)  11.42%   D)  24.69%