What was the percentage of change in Accounts Receivable if the balance was $80,000 in 2013 and $60,000 in 2014? A. 25% B. 33.33% C. -25% D. -33.33%
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- b. By what percentage did the net income grow each year? For example, revenues (increased or decreased) in 2013 x 10.02% however, cost of goods sold (declined or increased) by 7.70%. *Use the Data Table*Need help with this questionQuestion Description Use the table below to answer the questions. 2014 Sales COGS Interest Depreciation Cash Accounts receivables Current liabilities Inventory Long-term debt Net fixed assets Shareholder's equity Taxes $6,318 3.945 303 1,204 672 601 414 1,215 4,780 7,700 4,994 217 1. What is the change in net working capital from 2014 to 2015? 2. What is the net capital spending for 2015? 2015 $7,202 4,460 277 1,196 418 578 463 1,598 4,103 7,330 5.358 317
- Assume Metro Company had a net income of $2,100 for the year ending December 2018. Its beginning and ending total assets were $30,000 and $18,000, respectively. Calculate Metro's return on assets (ROA). (Round your percentage answer to two decimal places.) A. 7% B. 11.67% C. 4.38% D. 8.75%The comparative balance sheets of SandhillClothiers are as follows: Cash Accounts receivable Inventory Total assets Cash December 31, 2014 $58,800 31,360 45,080 Inventory Total assets Perform horizontal analysis for SandhillClothiers. (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, eg. 12.1%) 2014 Accounts receivable 31,360 $58,800 588,000 45,080 2013 $41,160 19,600 37,240 December 31, 2013 $41,160 19,600 588,000 568,400 37,240 568,400 Amount Increase (Decrease) Percentage % % % %ACCOUNTING ASAP Assume the following data: EBIT = 100; Depreciation = 40; Interest = 20; Dividends = 10. Calculate the cash coverage ratio. Select one: a. 7.0x b. 4.7x c. 14.0x d. 5.0x
- Subject:- AccountingWhat is the quick ratio for 2017? A. 2.11 times B. .74 times C. 1.97 times D. 1.34 times E. .77 timesUsing the information below calculate the ROC of the company Years Revenue ($M) Net Income ($M) 2012 221.8 2.9 2013 473.8 20.2 2014 627.7 36.4 2015 947.8 45.0 2016 1,015.5 50.3 2017 1,046.2 64.9 2018 1,293.2 90.4 Years Total Assets ($M) Fixed Assets ($M) Current Assets ($M) Total Equity ($M) Retained Earnings ($M) 2012 430 286 144 293 12.8 2013 956 501 455 558 33.0 2014 922 668 324 620 69.4 2015 1103 796 307 665 114.4 2016 1120 835 285 729 164.7 2017 1294 738 556 805 229.6 2018 2053 703 1350 934 320