Sales According to the video, total assets turnover is equal to Total assets total assets given, this means that Royval's sales must be $750,000.00 According to the video, DSO (days sales outstanding) can be written as you already calculated, this means that Royval's recevables must be According to the video, the inventory ratio can be written as equal to you already calculated, this means that Royval's inventories must be According to the video, the fixed asset turnover ratio can be written as This yields a value of cash of for Royval. According to the video, the current ratio can be written as a value of current liabilities of approximately . Given the value of total assets turnover, along with the level of Receivables Annual salesx365 According to the video, cash can be written as total assets minus fixed assets, inventories, and accounts receivable. Given the value of DSO, along with the level of sales According to the video, gross profit margin can be written as calculated, this means that Royval has a cost of goods sold of . Given the value of the inventory ratio, along with the level of sales This means that Royval has fixed assets of Plugging in the value for current assets and the value of the current ratio yields According to the video, the value of total assets is equal to the value of total liabilities and equity. In the video, total liabilities and equity is equal to Given the level of total liabilities and equity, as well as retained earnings, current liabilities and the level of long-term debt, solving for Royval's common stock yields Given the gross profit margin and the level of sales you have already

USE THE BELOW INCOME STATEMENT AND INFORMATION TO ANSWER THE NEXT FOUR QUESTIONS AND COMPLETE THE INCOME STATEMENT. Net Sales Cost of Goods Sold Selling Expenses Administrative Expenses Interest Expenses Other Expenses Income before Taxes Income Tax Expenses Net Income ● ● MY Company Income Statement December 31, 2018 (Amounts in thousands) Use the following ratio data to complete FS Company's income statement. Inventory turnover is 4 (beginning inventory was $895: ending inventory was $758). Inventory turnover = cost of goods sold / Average inventory Rate of Return on Sales is 0.15 O $10,500 (a) $2,561 $458 (b) $554 $2,046 (c) (d)

Luxe Mobile Homes reported the following in its financial statements for the year ended December 31, 2024: (Click the icon to view the financial statements) Read the requirements. Requirement 1. Compute the collections from customers. Collections from customers are $ 24.444 Requirement 2. Compute payments for merchandise inventory. Payments for merchandise inventory are $ 18,560 Requirement 3. Compute payments of other operating expenses. Payments of other operating expenses are S 4.324 Requirement 4. Compute acquisitions of property, plant, and equipment (no sales of property during 2024). Acquisitions of property, plant, and equipment are Help me solve this Demodocs example Get more help - f4 f5 # +3 $ 4 do % 5 6 O & 7 Data table M Income Statement Net Sales Revenue Cost of Goods Sold Depreciation Expense Other Operating Expenses Income Tax Expense Net Income Balance Sheet Cash Accounts Receivable Merchandise Inventory Property, Plant, and Equipment, net Accounts Payable Accrued…

What effect would each method have on the Balance Sheet? What is the difference in the current ratio, if current libilities was $120,000 and current assets above inventory was $200,000 (no other assets are below inventory), when using the FIFO method vs. the average cost method?