Managerial Accounting (5th Edition)
5th Edition
ISBN: 9780134128528
Author: Karen W. Braun, Wendy M. Tietz
Publisher: PEARSON
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Chapter 14, Problem 8QC
To determine
To identify: The appropriate answer for the given statement
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Which of the following is a solvency ratio?
a. Times interest earned.
b. Inventory turnover ratio.
c. Profit margin.
d. Price-earnings ratio.
Financial Statement Analysis
Compute for Profitability Ratio with Substantial Analysis:
a. Gross Profit Margin
b. Profit Margin
c. Return on Total Assets
d. Return on Equity
_____________ are used to measure the speed in which various accounts are converted into sales or cash.
Select one:.
a.
Liquidity ratios
b.
Profitability ratios
c.
Activity ratios
d.
Debt ratios
Chapter 14 Solutions
Managerial Accounting (5th Edition)
Ch. 14 - (Learning Objective 1) Which of the following...Ch. 14 - Prob. 2QCCh. 14 - Prob. 3QCCh. 14 - Prob. 4QCCh. 14 - (Learning Objective 3) Which of the following is...Ch. 14 - (Learning Objective 4) Working capital is defined...Ch. 14 - Prob. 7QCCh. 14 - Prob. 8QCCh. 14 - Prob. 9QCCh. 14 - Prob. 10QC
Ch. 14 - Prob. 14.1SECh. 14 - Find trend percentages (Learning Objective 1)...Ch. 14 - Prob. 14.3SECh. 14 - Prepare common-size income statements (Learning...Ch. 14 - Analyze common-size income statements (Learning...Ch. 14 - Cartwrights Data Set used for S14-6 through...Ch. 14 - Cartwrights Data Set used for S14-6 through...Ch. 14 - Cartwrights Data Set used for S14-6 through...Ch. 14 - Prob. 14.9SECh. 14 - Prob. 14.10SECh. 14 - Prob. 14.11SECh. 14 - Prob. 14.12AECh. 14 - Prob. 14.13AECh. 14 - Prob. 14.14AECh. 14 - Prob. 14.15AECh. 14 - Prob. 14.16AECh. 14 - Calculate ratios (Learning Objective 4) Kelleher...Ch. 14 - Prob. 14.18AECh. 14 - Prob. 14.19AECh. 14 - Prob. 14.20AECh. 14 - Prob. 14.21AECh. 14 - Classify company sustainability measurements into...Ch. 14 - Prob. 14.23BECh. 14 - Prob. 14.24BECh. 14 - Prob. 14.25BECh. 14 - Prob. 14.26BECh. 14 - Prob. 14.27BECh. 14 - Calculate ratios (Learning Objective 4) Ponderosa...Ch. 14 - Prob. 14.29BECh. 14 - Prob. 14.30BECh. 14 - Prob. 14.31BECh. 14 - Calculate ratios (Learning Objective 4) Thornton...Ch. 14 - Prob. 14.33BECh. 14 - Prob. 14.34APCh. 14 - Comprehensive analysis (Learning Objectives 2, 3, ...Ch. 14 - Prob. 14.36APCh. 14 - Ratio analysis over two years (Learning Objective...Ch. 14 - Prob. 14.38APCh. 14 - Prob. 14.39BPCh. 14 - Prob. 14.40BPCh. 14 - Prob. 14.41BPCh. 14 - Ratio analysis over two years (Learning Objective...Ch. 14 - Make an investment decision (Learning Objective 4)...Ch. 14 - Prob. 14.44SCCh. 14 - Discussion Questions 1. Describe horizontal...Ch. 14 - Prob. 14.47ACTCh. 14 - Using financial statement ratios to analyze...
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- Question: What is the formula for calculating the net profit margin? a. Net Profit / Revenue b. Revenue / Net Profit c. Net Profit / Total Assets d. Total Assets / Net Profitarrow_forward_____________ are used to measure the speed in which various accounts are converted into sales or cash. Select one: a.Liquidity ratios b.Profitability ratios. c.Activity ratios d.Debt ratiosarrow_forwardChapter 4 Profitability and Activity Ratios A. Profit Margin Ratio Net Income/Net Sales B. Gross Margin Ratio Net sales- Cost of Goods Sold/ Net Sales C. Return on Total Assets Net Income/Average Total Assets a. Profit Margin Ratiob. Gross margin Ratioc. Return on Total Assetsarrow_forward
- Which of the following is a measure of profitability?a. Quick (acid-test) ratiob. Net salesc. Inventory turnoverd. Return on assets (ROA)arrow_forwardare used to measure the speed in which various accounts are converted into sales or cash. Select one: a. Debt ratios O b. Activity ratios C. Profitability ratios O d. Liquidity ratiosarrow_forwardWhich one of the following is a measure of long term solvency? A. Price earning ratio B. Profit margin C. Cash coverage ratio D. Receivables turnover E. Quick ratioarrow_forward
- S1-8. (Learning Objective 4: Identify income statement components)1. Identify the two basic categories of items on an income statement.2. What do we call the bottom line of the income statement?arrow_forwardThe following information is taken from Randy Technology's statements of financial position at December 31, 2019 and 2020, and their income statement for calendar 2020: 2020 2019 Assets: Cash $ 38,000 $ 42,000 Short Term investments. 25,000 -0- Accounts receivable, 118,000 22,000 Inventory. 151,000 42,000 Prepaid insurance. 16,000 19,000 Long-term investments 49,000 20,000 Equipment (net). 130,000 130,000 Land 33,000 33,000 Goodwill 45,000 45,000 Total assets.. $ 605,000 $ 353,000 Net income. S 52,250 Sales (all on credit) 295,000 Cost of goods sold. 123,000. Interest expense. 15,600 Income tax expense.….... 17,450 Tax rate = 26% %3D Required: From the above information, calculate the following ratios for 2020:arrow_forwardHow can I find out z-score from financial statement or balance sheet? Can you describe in detail how do i find out all the numbers i need for it? For example for gross profit ,argin I need gross profit to divide with sales. How can I do z-score? Thank youarrow_forward
- Compute the following ratio analysis: Return on Equity Return on Assets Gross Profit Margin Write your interpretation after the computation.arrow_forwarda. Compute the following ratios: i. Accounts Receivable Turnover ratio;ii. Accounts Payable Turnover ratio;iii. Average Collection Period;iv. Average Payable Period;v. Quick Ratio;vi. Gross Profit Margin.vii. Net Profit Marginviii. Debt ratiob b. Explain briefly what is factoring?arrow_forwardb. Compute the following Ratios: iv. Average Collection period v. Profit Margin vi. Debt to Total Assets vii. Return on Asset viii. Times Interest Earned Explain to the Manager, what the different classes of ratios measure and identify the bases of comparison on financial information. C.arrow_forward
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