QS 10-17 (Algo) Debt-to-equity ratio LO A2 Total liabilities Total equity Atlanta Company $510,000 570, e00 Spokane Company $ 484,500 1,529,000 Compute the debt-to-equity ratio for each of the above companies. Debt to equity ratio Choose Numerator: Choose Denominator: Debt-to-equity ratio Atlanta Company Spokane Company

QS 10-17 (Algo) Debt-to-equity ratio LO A2 Total liabilities Total equity Atlanta Company $510,000 570, e00 Spokane Company $ 484,500 1,529,000 Compute the debt-to-equity ratio for each of the above companies. Debt to equity ratio Choose Numerator: Choose Denominator: Debt-to-equity ratio Atlanta Company Spokane Company

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter13: Financial Statement Analysis

Section: Chapter Questions

Problem 13.2AP

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Brief Exercise 9-3 (Algo) Ratio analysis LO 9-3 The balance sheet for Alpha Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity Debt-to-assets ratio Debt-to-equity ratio $998,000 1,508,000 2,506,000 Required: Compute the debt-to-assets and debt-to-equity ratios using the provided balance sheet. Note: Round your final answers to 1 decimal place. % 704,000 1,104,000 1,808,000 698,000 $2,506,000
Total liabilities Total equity Atlanta Company Spokane Company Atlanta Company $670,000 690,000 Compute the debt-to-equity ratio for each of the above companies. Spokane Company Atlanta Company Spokane Company $ 407,100 1,928,000 Debt to equity ratio Choose Numerator: Choose Denominator: Which company appears to have a riskier financing structure? Debt-to-equity ratio
What is Ella Company’s debt ratio? a. 25.78% d. 137.78% b. 100.00% e. 34.74% c. 74.22%
Atlanta Company $ 820,000 490,000 Atlanta Company Spokane Company Total liabilities Total equity Compute the debt-to-equity ratio for each of the above companies. Choose Numerator: 100 Atlanta Company Spokane Company Spokane Company $ 298,900 1,786,000 Debt to equity ratio / Choose Denominator: mation Which company appears to have a riskier financing structure? Prev 4 of 5 = Debt-to-equity ratio II MacBook Air Next >
View Policies Current Attempt in Progress Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $31500 Net income $41100 Stockholders' Current liabilities 15400 79400 equity Average assets 162500 Total liabilities 42300 Total assets 114000 Average common shares outstanding was 15500. 37 percent O 70 percent O 15 percent O 28 percent Attempts: 0 of 1 used Save for Later
Atlanta Company $ 429,000 572,000 Atlanta Company Spokane Company Total liabilities Total equity Compute the debt-to-equity ratio for each of the above companies. Debt to equity ratio Choose Numerator: Spokane Company $ 549,000 1,830,000 / Choose Denominator: 1 1 1 = Debt-to-equity ratio =
Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 110 510 Net working capital $ 620 a. Debt-equity ratio b Long-term debt-to-capital ratio C. d. Current ratio a. What is the company's debt-equity ratio? (Round your answer to 2 decimal places.) b. What is the ratio of total long-term debt to total long-term capital? (Round your answer to 2 decimal places.) c. What is its net working capital? d. What is its current ratio? (Round your answer to 2 decimal places.) Current liabilities Long-term debt Other liabilities Equity $ 65 275 80 200 $ 620
Ratios Analyses: McCormick Refer to the information for McCormick above. Additional information for 20X3 it as follows (amounts in millions): Required: Next Level Compute the following for 20X3. Provide a brief description of what each ratio reveals about McCormick 1. return on common equity 2. debt-to-assets 3. debt-toequity 4. current 5. quick (McCormick uses cash and equivalents, short-term securities and receivables in their quick ratio calculation.) 6. inventory turnover days 7. accounts receivable turnover days 8. accounts payable turnover days 9. operating cycle (in days) 10. total asset turnover Use the following information for 14-17 and 14-18: The Hershey Company is one of the worlds leading producers of chocolates, candies, and confections. It sells chocolates and candies, mints and gums, baking ingredients, toppings, and beverages. Hersheys consolidated balance sheets for 20X2 and 20X3 follow.
Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of 75,000,000, and total assets of 169,000,000. Required: Note: Round answers to two decimal places. 1. Calculate the debt ratio. 2. Calculate the debt-to-equity ratio.
Problem 13-2A (Algo) Ratios, common-size statements, and trend percents LO P1, P2, P3 (The following information applies to the questions displayed below.] Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 2019 $ 442,035 266,105 175,930 62,769 39,783 $ 338,635 212,324 126,311 46,732 29,800 76,532 49,779 10, 205 Sales $ 235,000 Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes 150,400 84,600 31,020 19,505 50,525 34,075 102,552 73,378 13,648 Income tax expense 6,917 Net income $ 59,730 $ 39,574 $ 27,158 KORBIN COMPANY Comparative Balance Sheets December 31 2021 2020 2019 Assets $ 55,578 $ 37,199 $ 49,726 4,570 56,095 Current assets Long-term investments Plant assets, net 900 104,820 95,143 Total assets $ 160,398 $ 133,242 $ 110,391 Liabilities and Equity $ 19,318 $ 23,418 68,000 8,500 60, 480 Current liabilities $ 19,853 Common…
Consider this simplified balance sheet for Geomorph Trading: Current assets $ 120 Current liabilities $ 70 Long-term assets 520 Long-term debt 270 Other liabilities 90 Equity 210 $ 640 $ 640 Required: What is the company’s debt-equity ratio? Note: Round your answer to 2 decimal places.
Use the financial ratios of company A and company B to answer the questions below. Company A Company B Yr t+1 Year t Yr t+1 Year t Current ratio 0.55 0.59 0.56 0.55 Accounts receivable turnover 6.22 6.25 5.06 4.87 Debt to total assets 40.5% 40% 67.8% 65.9% Times interest earned 8.80 30.6 5.97 6.33 Free cash flows (in millions) ($3,819) $3,173 $168 $550 Return on stockholders’equity 7.7% 7.7% 26.6% 23.3% Return on assets 4.3% 4.3% 8.9% 7.9% Profit margin…