The 2017 balance sheet of Dream, Inc., showed current assets of $1,320 and current liabilities of $840. The 2018 balance sheet showed current assets of $1,760 and current liabilities of $1,140. What was the company's 2018 change in net working capital, or NWC? O A. $740 OB. $-740 O C. $114 D. $140

B. Working Capital = Current Assets - Current Liabilities 2021 = Working Capital $263,000 - $50,000 $213,000 2022 Working Capital = $347,000 $69,000 = $278,000 Current Ratio = Current Assets Current Liabilities 2021 2022 Current Ratio = $263,000 $50,000 $347,000 $69,000 = 5.3:1 5.0:1 Debt to Total Assets = Total Liabilities Total Assets 2021 2022 = $180,000 $382,000 $184,000 $487,000 = 47.1% 37.8% C. The working capital has increased between 2021 and 2022, indicating greater liquidity for the firm in its ability to pay its current liabilities as they become due. The current ratio has decreased between 2021 and 2022; however, it is still quite high. Note also that there is a substantial portion of the current assets in cash and accounts receivable, which may be converted into cash quickly (assuming the receivables are collectible). The company, therefore, should not have any problems in paying its current liabilities as they become due. The debt to total assets indicates the percentage…

What’s is the Return on Average Equity?

5.17. A company's statement of financial position at the end of 2018 included the following items. 2018 Land Buildings Accum. Depr.-buildings Equipment Accum. Depr.- equipment Patents Long-term investment Current assets Total assets Bond payable Current liabilties Share capital -ordinary Treasury shares Retained earnings Total Liabilities and Equity The following information is available for 2019. 1. Net income was $55,000 30,000 120,000 (30,000) 90,000 (11,000) 40,000 Instructions: 235,000 474,000 a. Prepare a statement of cash flows for 2019. b. Prepare a statement of financial postiion at the end of 2019. 100,000 150,000 180,000 2. Equipment (cost $20,000 and accumulated depreciation 8,000) was sold for 9,000. 3. Depreciation expense was $4,000 on the building and $9,000 on equipment 44,000 474,000 4. Patent amortization was $2,500. 5. Current assets other than cash increased by $25,000. Current liabilities increased by $13,000. 6. An addition to the building was completed at a cost…

Suppose McDonald’s 2022 financial statements contain the following selected data (in millions). Current assets   $3,381.0   Interest expense   $466.0 Total assets   30,189.0   Income taxes   1,929.0 Current liabilities   2,963.0   Net income   4,544.0 Total liabilities   16,156.0         (a1)Compute the following values. a.   Working capital. (Round to 1 decimal place, e.g. 5,275.5)   $enter a dollar amount in millions  millions b.   Current ratio. (Round to 2 decimal places, e.g. 6.25:1.)   enter current ratio rounded to 2 decimal places :1 c.   Debt to assets ratio. (Round to 0 decimal places, e.g. 62%.)   enter percentages rounded to 0 decimal places % d.   Times interest earned. (Round to 2 decimal places, e.g. 6.25.)   enter times interest earned rounded to 2 decimal places  times

Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC.Condensed Balance SheetMay 31($ in millions)     2022   2021 Assets         Current Assets   $9,600   $8,790 Property, plant, and equipment (net)   1,810   1,800 Other assets   1,580   1,710 Total assets   $12,990   $12,300 Liabilities and Stockholders' Equity         Current Liabilities   $3,170   $3,300 Long-term liabilities   1,230   1,390 Stockholders’ equity   8,590   7,610 Total liabilities and stockholders' equity   $12,990   $12,300 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.5%.) NIKE, INC.Condensed Balance SheetMay 31($ in millions)     2022   2021   Increase(Decrease)   PercentageChangefrom 2021…

Wakanda Mulla has  presented  the following  financial  data  for 2017 :   Balance  Sheet                                     2016                                                    2017 Non-Current  Assets Cost Depn NBV   Cost Depn NBV Goodwill     260,000       210,000 Tangible Assets 1,800,000 (360,000) 1,440,000   2,300,000 (450,000) 1,850,000 Long term  Investment     130,000       130,000       1,830,000       2,190,000 Current Assets               Closing  Stock   35,000       55,000   Debtors   65,000       20,000   Short term  Investment   40,000       65,000   Bank   0       40,000   Cash   2,000 142,000     17,000 197,000 Total  Assets     1,972,000       2,387,000                 Capital  &  Reserves               Share  Capital   700,000…

return on Assets Sue Company reports the following information in its financial statements. Numbers are in thousands.                   2019                 2018Net Sales $42,075            $44,100Net Income 12,780           15,732Total Assets 63,900            87,400 There were 5,000 outstanding shares at December 31, 2019.Required a. What was Sue's return on assets for 2019 and 2019? (Round to one decimal point)

Discuss the overarching idea of Asset Liability Management and its key objectives. How does the process of Gap Analysis support Asset Liability Management?

How do I determine the NNO for 2014?   Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2014 Operating Assets 1,447,869 1,513,139   Operating liabilities 1,094,173 1,158,007   Net operating assets (NOA) 353,696 355,132  $                             397,299.00 NNO  $                    490,548  $                      473,323   Equity  $                    844,244  $                      828,455  $                             726,328.00 NOA= NNO + Equity  $                1,334,792  $                   1,301,778