None Question 4 of 4Culver Corp.Bridgeport Corp.Net income$253,740$359,190Sales revenue1,268,7001,381,500Total assets (average)4,229,0003,453,750Plant assets (average)2,790,0001,891,000Intangible assets (goodwill)400,100(a)For each company, calculate these values: (Round return on assets and profit margin to 1 decimal place, e.turnover to 2 decimal places, e.g. 17.54.)(1)Return on assets(2)Profit margin(3)Asset turnoverCulver Corp.Bridgeport Corp.%%%dotimes%times

Step 1: IntroductionThe ratio analysis helps to analyse the financial statements of the business on…

Answered: Question 4 of 4 Culver Corp. Bridgeport…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter1: The Role Of Accounting In Business

Section: Chapter Questions

Problem 1.3.5MBA: Return on assets The financial statements of The Hershey Company (HSY) are shown in Exhibits 6...

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ABC Co its selected financial statements items are given as following. Gross profit equals to 100.000 TL, EBIT equals to 50.000 TL, Net Income equals to 20.000 TL, total depreciation & amortization expenses equals to 10.000 TL. Property, Plant and Equipment 80.000 TL, Cash and Cash Equivalent 10.000 TL, Intangible Assets 30.000 TL, Account Receivable 30.000 Inventory 20.000 TL, Account Payable 20.000 TL, Calculate the ROIC 4- (Return on Invested Capital) ratio of the company. a) O 33,33% 138 b) O 40,00% c) O 35,71% d) O 42,86%
Mastery Problem: Financial Statement Analysis Liquidity and Solvency Measures Your friend, another accountant, has bet you that with your knowledge of accounting and just the computations for common analytical measures, you can figure out many aspects of a company's financial statements. You take the bet! Match each computation to one of the liquidity and solvency measures in the table. (Hint: Begin by looking for simple computations and identifying the amounts in those computations. Look for other measures that use those amounts.) Liquidity and Solvency Measures Computations Working capital $3,095,000 –- $860,000 - v Current ratio $3,095,000 ÷ $860,000 - Quick ratio $1,866,000 + $860,000 V Accounts receivable turnover $8,260,000 + [($714,000 + $740,000) ÷ 2]° Number of days' sales in receivables [(S714,000 + $740,000) ÷ 21 ÷ ($8,260,000 ÷ 365) ▪ Inventory turnover $4,100,000 ÷ [($1,072,000 + $1,100,000) ÷ 21 - Number of days' sales in inventory [($1,072,000 + $1,100,000) ÷ 21 ÷…
Your friend, another accountant, has bet you that with your knowledge of accounting and just the computations for common analytical measures, you can figure out many aspects of a company's financial statements. You take the bet! Match each computation to one of the liquidity and solvency measures in the table. (Hint: Begin by looking for simple computations and identifying the amounts in those computations. Look for other measures that use those amounts.) Liquidity and Solvency Measures Computations Working capital $3,095,000 - $900,000 Current ratio $3,095,000 ÷ $900,000 Quick ratio $1,866,000 ÷ $900,000 Accounts receivable turnover $8,250,000 ÷ [($714,000 + $740,000) ÷ 2] Number of days' sales in receivables [($714,000 + $740,000) ÷ 2]÷ ($8,250,000 ÷ 365) Inventory turnover $4,100,000 ÷ [($1,072,000 + $1,100,000) ÷ 2] Number of days' sales in inventory [($1,072,000 + $1,100,000) ÷ 2] ÷ ($4,100,000 ÷ 365) Ratio of fixed assets to long-term liabilities $2,690,000 + $1,690,000 Ratio of…
Question 4 of 4 < Culver Corp. Bridgeport Corp. Net income $253,740 $359,190 Sales revenue 1,268,700 1,381,500 Total assets (average) 4,229,000 3,453,750 Plant assets (average) 2,790,000 1,891,000 Intangible assets (goodwill) 400,100 0 (a) For each company, calculate these values: (Round return on assets and profit margin to 1 decimal place, e.a turnover to 2 decimal places, e.g. 17.54.) (1) Return on assets (2) Profit margin (3) Asset turnover Culver Corp. Bridgeport Corp. % % % times % times
Calculate the sales margin, asset turnover, and ROA for the companies below: Average Capital Assets Company A B Net Income Sales 350,000 5,500,000 12,000,000 .06 845,000 9,350,000 13,500,000 Sales Margin 1 Asset Turnover 2.9 1.44 Note: Please write the sales Margin and ROI as a percentage or as a decimal rounded to two places behind the decimal point. ROI 6,500,000 4,150,000
DB 4.8 - Comprehensive Income Fulton Corporation reported the following for the current year: net sales $7,500,000; cost of goods sold $4,450,000; selling and administrative expenses $1,420,000; and an unrealized holding gain on available-for-sale securities $75,000. Required: Prepare a statement of comprehensive income (as discussed and illustrated on pages 22-23 of Chapter 4), using: a) the one statement format and b) the two statement format Ignore income taxes and earnings per share.
Return on assets The financial statements of The Hershey Company (HSY) are shown in Exhibits 6 through 9 of this chapter. Based upon these statements, answer the following questions. The percent that a company adds to its cost of sales to determine the selling price is called a markup. That is Hershey’s markup percent? Round to one decimal place.
Return on assets The following data (in millions) were adapted from recent financial statements of Tootsie Roll Industries Inc. (TR): The percent a company adds to its cost of sales to determine selling price is called a markup. What is Tootsie Roll’s markup percent? Round to one decimal place.
Walang Kayo Company Question: Under accrual basis, what amount should be reported as gross sales for the current year? a. P6,650,000 b. P6,600,000 c. P6,350,000 d. P6,550,000
Case 2 Company ABC Assets turnover Gross Sales Sales Discounts Gross Profit Operating Profit Permanent Capital Financial Leverage 2% 1.050.000 35000 18% 9% 345.000,00 35% Acid Test ratio 1,5% Fixed assets turnover 4 Liquid assets 10% Tangible fixed assets/ Shareholders Equity 30% Requirement: Prepare the Balance Sheet and Income Statement of Company ABC
Question 13 Refer to the following financial information of Scholz Company: NOPAT 8,250,000.00 EBITDA 17,725,000.00 Net Income 5,050,000.00 Capital Expenditures 6,820,000.00 After tax capital costs 6,280,000.00 Tax rate 40% Calculate the Company's depreciation and amortization expense
Selected current year company information follows: Net income. Net sales Total liabilities, beginning-year Total liabilities, end-of-year Total stockholders' equity, beginning-year Total stockholders' equity, end-of-year The total asset turnover is: (Do not round Intermediate calculations.) $ 16,753 720,855 91,932 111, 201 206,935 133,851

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