The following financial information relates to Sunland Enterprises Inc. (amounts in thousands):202220232024Income before depreciation, amortization,interest, and taxes$1,491$2,373$3,600Interest expense154348400Cash53112214Current liabilities (does not include any debt)6017271,182Bank loan payable (all long-term)1,8103,7804,560Shareholders' equity3,8805,2807,282(a) Calculate the debt to equity, net debt as a percentage of total capitalization, and interest coverage ratios. (Round answers to 1decimal place, e.g. 18.4 or 15.3%.)Debt to equity ratio2022%2023%Net debt as apercentage of totalcapitalizationInterest coverage%times%times2024%%times

The objective of the question is to calculate the debt to equity ratio, net debt as a percentage of…

Answered: The following financial information…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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44. Subject :- Accounting
The financial statements of Carrier Office Furniture Company include the following items: 2025 $44,000 14,000 98,000 149,000 553,000 290,000 60,000 Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Total Assets Total Current Liabilities Long-term Note Payable What is working capital for 2026? O A. $37,500 OB. $98,500 O C. $191,000 O D. $66,500 2026 $48,500 29,000 95,000 165,000 526,000 271,000 64,000
Flint Corp. Statement of Financial Position For the Year Ended December 31, 2023 Current assets Cash (net of bank overdraft of $40,000 ) $450,000 Accounts receivable (net) Inventory at the lower of cost and net realizable value FV-NI investments (at cost-fair value $320,000 ) Property, plant, and equipment Buildings (net) 590,000 Equipment (net) 190,000 Land held for future use ,265,000 Intangible assets Goodwill Investment in bonds to collect cash flows, at amortized cost 100,000 Prepaid expenses Current liabilities Accounts payable 365,000 Notes payable (due next year) Pension obligation Rent payable 505,000 511,000 340,000 265,000 Long-term liabilities Bonds payable 681,000 Shareholders' equity Common shares, unlimited authorized, 380,000 issued 380,000 Contributed surplus 210,000 Retained earnings
What is net income ? 251+113 = 364 ??? İs true or not
You have been provided with the following information for Bee Ltd, a closely-held private company: Bee Ltd Income Statement for the year ending 31/03/2021 $ Sales 1,400,000 Less: Cost of sales 550,000 Gross profit 850,000 Interest on Government Bonds 2,100 Less: 380,000 Depreciation Interest expense 35,600 10,000 Bad Debts 5,000 Loss on sale – equipment 4,000 Insurance 12,200 Other expenses 312,800 472,100 185,295 286,805 70,000 Net Profit before tax Taxation Net Profit after tax Revaluation of Land Comprehensive Net Profit 356,805 Note during the 2021 year: $ Equipment with accumulated depreciation of 11,000 was sold for cash 20,000 Land was revalued upward by The company re-purchased shares at 70,000 100,000 Marketable securities were sold for cash.
Hansaben
Dex Corporation, part of banking industry but performing quasi - banking function had the following transactions for the 4th quarter of 2020: Loans, 10%, 6 years, 10/1 2020. P 100,000 Rental income, net of 5% EWT from its Property P19,000 Trading gain (loss): 3rd Quarter: (10,000) October. 20,000 November. (5,000) December. 25,000 Jan. 2021. 30,000 1. How much is the OPT of Dex Corporation for the 4th Qtr. of 2020? A. 3,525 B. 4,225 C. 3,600 D. 3,455
Vijay
BnB Construction Inc.Balance Sheet (Millions of Dollars) Assets 2021 Est 2020 2019 Liabilities 2021 Est 2020 2019 Cash and Cash Equivalents 15 10 15 Accounts payable 115 60 30 Short-Term Investments 10 0 65 Overdrafts 115 110 60 Accounts Receivable 420 375 315 Accruals 260 140 130 Inventories 700 615 415 Total Current Liabilities 490 310 220 Total Current Assets 1145 1000 810 Long -Term Bonds and New Loan 1300 754 580 Net Plant and Equipment 1884 1190 870 Total Debt 1790 1064 800 Preferred Stock 40 40 40 Common Stock 130 130 130 Retained Earnings 1069 956 710 Total Common Equity 1199 1086 840 Total Assets 3029 2190 1680 Total Liabilities and Equity 3,029 2,190 1,680 Included is the Income Statement. Requirements: 1. Calculate the EPS, DPS, and BVPS, and Cash…
Question Connor Tax Services reported net income of £6,500. Listed below is the classified statement of financial position for connor Tax Services for 2020. Required: Calculate CONNOR Tax Service's Return on Assets. Show all your calculations!
25. Coronado Inc., a greeting card company, had the following statements prepared as of December 31, 2020. CORONADO INC.COMPARATIVE BALANCE SHEETAS OF DECEMBER 31, 2020 AND 2019 12/31/20 12/31/19 Cash $5,900 $7,000 Accounts receivable 61,400 51,500 Short-term debt investments (available-for-sale) 35,000 18,200 Inventory 40,000 60,500 Prepaid rent 5,000 4,100 Equipment 152,900 131,100 Accumulated depreciation—equipment (35,200 ) (25,100 ) Copyrights 45,800 50,000 Total assets $310,800 $297,300 Accounts payable $46,100 $40,100 Income taxes payable 3,900 5,900 Salaries and wages payable 8,000 4,000 Short-term loans payable 8,100 10,000 Long-term loans payable 60,400 69,300 Common stock, $10 par 100,000 100,000…
Smirnoff Corporation's net cash flows from operating activities on its cash flows statement for 2024 are? Thank you!

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