Calculate : (1) (2) (3) (4) (5) Current Assets to Fixed assets 31 मार्च को एक कम्पनी का आर्थिक चिट्ठा निम्न है : Current Ratio Quick Ratio Debt Equity Ratio Proprietary Ratio
Q: A 3-year bond with 10% compound rate and P1000 face value yields 8%. Assuming annual compounding…
A: A 3 Year Bond with 10% Annual Compounding rate having face value 1000 Annual Interest = 1000*10% =…
Q: 1. Do the record of sale of goods on January 10 2. Record the cost of sales for January 10 3.Record…
A: Perpetual Inventory - Under Perpetual Inventory method inventory is counted after every sale…
Q: A company reports the following amounts at the end of the year: Total sales revenue = $560,000;…
A: Sales revenue is the amount of revenue earned from sale of goods and services. Net sales revenue…
Q: Expenses for a Pizza restaurant include raw material for pizza at $4.00 per slice, $102.00 as…
A: Total sales made today = $2600 200 × $13 The total material cost = $800 200 × $4
Q: Beto Company pays $5.50 per unit to buy a part for one of the products it manufactures. With excess…
A: If we make the product then Cost per unit of product includes Direct material, Direct Labor,…
Q: Prepare statement of cash flows-indirect method. Beginning cash balance Accounts payable decrease…
A: Cash flow statements is one of the financial statement used to identify the cash spent and earned on…
Q: At December 31, Hawke Company reports the following results for its calendar year. Cash sales:…
A: Whenever a business makes credit sales, it will generate accounts receivables for the business.…
Q: Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the…
A: Amortization of Bond's :— It Means that Principle Value of Amount is paid regularly along with the…
Q: On October 10, the stockholders’ equity section of Sherman Systems appears as follows. Common…
A: Shareholder's Equity - This statement includes Common Stock, Paid in Capital in Excess of Par,…
Q: XYZ Inc issued 445 convertible bonds - each at a price of 101.95% of the $1,000 face value. At…
A: A board of directors is elected by common investors, and they vote on company issues. This type of…
Q: The Parent Company purchased common stock of Sub Company in a series of open-market purchases in…
A: INTRODUCTION: Common stock is what most people see when they consider "stock." All of the shares in…
Q: The net realizable value of Accounts Receivable represents the company's best estimate of what it…
A: Lets understand the basics. Account receivable is arise when credit sales are made to customer. It…
Q: Peterson Company Direct materials inventory Work-in-process inventory Finished-goods inventory…
A: Cost of goods sold is the costs related with manufacturing of an product where it consists of…
Q: 2. (a) If a developer plans to purchase a site for $150,000,000 on borrowed money at 6 per cent and…
A: Future Value :— Value of any cash flow in future date. It is calculated by using time value of…
Q: P 430,000
A: Opportunity cost refers to the cost which is incurred on the next best alternative that should be…
Q: On January 2, 2019, Whistler Company purchased land for $480,000, from which it is estimated that…
A: Depletion refers to the measure which is linked with the depletion amount of the extraction of the…
Q: 2016 Q.No. The income statement for Anupam Company Sales revenues Cost of goods sold Gross profit…
A: Lets understand the basics. Cashflow statement is prepared by management to understand the cash…
Q: Internal control is designed to provide: : A Certainty. B Freedom from fraud. C Reasonable…
A: Internal control is very useful and important for every business. It means those procedures which…
Q: A man earns $15.50 per hour with time and a half for overtime and he worked 48 hours during a recent…
A: Lets understand the basics. For answering the question, we are required to answer using below…
Q: A company reports the following amounts at the end of the year: Total sales revenue = $560,000;…
A: Introduction: Net revenues: Deduction of sales returns , sales allowances , and sales discounts from…
Q: National Company has 100,000 shares outstanding and just declared a 2-for-1 stock split. Before the…
A: Introduction: Stock split: Splitting of the share face value in to parts called as stock split.…
Q: i 5 Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs and…
A: Selling price = Manufacturing cost + (Manufacturing cost×20%)
Q: On January 1, 2020, Sapphire Mining Company purchased land with valuable natural ore deposits for…
A: The depletion expense refers to the decrease in the value of the natural resource used in the…
Q: Carla Vista Co. receives a $60,400, 6-year note bearing interest of 7% (paid annually) from a…
A: We shall calculate the present value of Note by discounting all cash flows during the 6 year period.…
Q: Current Attempt in Progress Sunland Company had an increase in inventory of $55200 The cost of goods…
A: Cost of Goods Sold (COGS) refers to the cost allocated to the units of products being sold. It is…
Q: Contingent Fees) Fatima Alabanza is president of Sizzling Corporation, a nonpublic manufacturer of…
A: Part A: By giving these services, Mendoza wouldn't go against "the Code of Ethics for Professional…
Q: two (2) reasons why ROI, RI and EVA may be inappropriate measures of performance.
A: ROI ( Return on Investment)- This measure is used to measure the return on any investment. This is a…
Q: a servicemember receives reimbursement ➡r moving expenses, how much will the mount be reported to…
A: Moving expenses : These are the expenses incurred when the employees are allowed by the employer to…
Q: Rush Company incurred a total cost of $5,600 to produce 400 units of pulp. What is the total fixed…
A: Total variable cost = 400 units × $7.5 per unit = $3,000
Q: You want to buy a house. The loan amount will be $285,000.00. A bank is offering a 5% interest rate…
A: Monthly Payment: A borrower pays down portion of the remaining sum together with the interest on the…
Q: The following selected accounts and their current balances appear in the ledger of Fernandez Co. at…
A: Introduction: Income statement: All revenues and expenses are to be shown in income statement. It…
Q: 15. In preparing a trial balance, how many of the above accounts will you list in the debit column…
A: Trial balance refers to a statement or worksheet which show the balance of all debit accounts and…
Q: What is the most commonly used Comparison pertaining to the budget
A: the budgeting process is considered to be an essential component of the management control system as…
Q: 4. The process of entering journal page numbers of transactions in the ledger and then entering the…
A: The journal entries which are recorded in the books to maintain daily records are posted to ledger…
Q: 4. Pay next quarter rent in cash in advance Assets Increase Decrease Liability Increase Decrease…
A: Lets understand the basics. As per balance sheet equation, total assets is always equal to total…
Q: c. Clearly show the cash flow profile for each alternative using an opportunity cost approach…
A: Comment- Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the…
Q: The Nelson Company has a taxation year end of December 31. On January 1, 2021, the UCC of Class 8…
A: Here discuss about the calculation of Capital cost allowance for purchase of class 8 Assets and its…
Q: During 2021, Gamma Ltd discovered that some of their products sold during 2020 were incorrectly…
A: In the context of the given question, we are required to compute and explain the effect of the error…
Q: On January 1, 2015, ML Company grants 100 cash share appreciation rights to each of its 500…
A: Number of employees who can exercise their option in 2018 or 2019 = 140+ 150 = 290 Since the…
Q: On June 1, 2022 Bedu, Budi, and Bobi were three friends who wanted to form a new firm which would be…
A: Partnership is one of type of business formation where two or more individuals come together and…
Q: Magenta Corporation wants to raise $50.6 million in a seasoned equity offering, net of all fees.…
A: The desired shares to be sold are determined with respect to the net price per share, after…
Q: March 31 is the end of PDT Co.'s monthly pay period. PDT Co. has one sole employee, Sally, with a…
A: Journal Entry: It the act through which economic or non-economic transactions are recorded .…
Q: Dimitri Designs has capacity to produce 30,000 desk chairs per year and is currently selling all…
A: Introduction: In the decision making, incremental cost plays a vital role in assessing whether a…
Q: Oster Company Ltd. manufactures dusk to dawn lamps. The following are the details of their operation…
A: Economic order quantity (EOQ) is a calculation used by firms to calculate their best order size,…
Q: used for the prior five years-see Analys me statement, identify with numbers the a isposal on se ne…
A: Income statement (IS) is the statement which states the position at the end of the fiscal year or…
Q: Mountainview Company produces colorful 100% cotton shirts and the entity needs 50,000 kilos of raw…
A: Given data, Call option entered for 50,000 kilos of raw materials Option Strike Price = P100 per…
Q: Analyze the following: I – The features most frequently associated with preference shares exclude…
A: Preference shares are one of the type of shares. These are the shares who get the benefit of…
Q: A man is paid on a salary-plus-commission basis. He receives $275 weekly in salary and a commission…
A: Given information Weekly salary = $275 Commission = 5% over Sales of $2020 Weekly sales = $7825
Q: Which of the following statements about a forged drawer's signature on a check is true? a.) A…
A: The answer for the multiple choice question and relevant working are presented hereunder : A check…
Q: Prepare a cash budget per month for the third quarter
A: Cash budget is the budget which is prepared by the company so that it can be estimated about the…
Step by step
Solved in 5 steps
- * CengageNOW2 | Onlin x 2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false 人 еВook Show Me How Vertical Analysis of Balance Sheet Balance sheet data for Kwan Company on December 31, the end of two recent fiscal years, follow: Current Year Previous Year Current assets $288,750 $177,120 Property, plant, and equipment 498,750 452,640 Intangible assets 87,500 26,240 Current liabilities 175,000 85,280 Long-term liabilities 376,250 301,760 Common stock 78,750 72,160 Retained earnings 245,000 196,800 Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders' equity item as a percent of the total liabilities and stockholders' equity. If required, round percentages to one decimal place. Kwan Company Comparative Balance Sheet For the Years Ended December 31 Current Current Previous Previous year year year year Amount Percent Amount Percent Current assets…The comparative balance sheet of Merrick Equipment Co. for Dec. 31, 20Y9 and 20Y8, is:Dec. 31, 20Y9 Dec. 31, 20Y8AssetsCash $70,720 $47,940Accounts receivable (net) 207,230 188,190Inventories 298,520 289,850Investments 0 102,000Land 295,800 0Equipment 438,600 358,020Accumulated depreciation—equipment (99,110) (84,320)Total assets $1,211,760 $901,680Liabilities and Stockholders' EquityAccounts payable (merchandise creditors) $205,700 $194,140Accrued expenses payable (operating expenses) 30,600 26,860Dividends payable 25,500 20,400Common stock, $1 par 202,000 102,000Paid-in capital: Excess of issue price over par—common stock 354,000 204,000Retained earnings 393,960 354,280Total liabilities and stockholders' equity $1,211,760 $901,680The income statement for the year ended December 31, 20Y9, is as follows:Sales $2,023,898Cost of goods sold 1,245,476Gross profit $778,422Operating expenses:Depreciation expense $14,790Other operating expenses 517,299Total operating expenses 532,089Operating…PA14. LO 5.3 Using the following Balance Sheet summary information, calculate for the two companies presented: A. working capital B. current ratio Company N $124,680 Company O $180,550 153,250 Current assets Current liabilities 63,250
- ABC Industry and Trade Inc. Balance Sheet as of 31.12.2020 (TL) transactions ASSETS(Assets) I-Current Assets Ready Values Securities Commercial debts Stocks Other Current Assets Current Assets Total I-Fixed Assets Financial Fixed Assets Tangible Fixed Assets Total Fixed Assets TOTAL ASSETS 31.12.2020 Amount Vertical Percent (%) 360.000 12 45.000 1.5 870.000 29 840.000 28 255.000 8.5 2.370.000 79 390.000 13 240.000 8. 630.000 21 3.000.000 100 LIABILITIES(RESOURCES) l-Short Term Liv. resources Financial Debts Trade payables Short Term Foreign Resource Total Il-Long-Term Liabilities Financial Debts Long Term Liv. Source Ball. III-Equity Paid-in capital Profit Reserves Net profit for the period Previous Year's profit Total Equity TOTAL LIABILITIES (RESOURCES) 39.000 1.3 120.000 4 159.000 5.3 81.000 2.7 81.000 2.7 120.000 4 420.000 14 1.950.000 65 270.000 9 2.760.000 92 3.000.000 100 Requested: Calculate the vertical percentages of the Balance Sheet items of ABC Sanayi ve Ticaret A.Ş. dated…19. Ebasan Company have the following account balances: Cash (net of overdraft of P100,000) Accounts receivable Accounts payable Notes payable Loans payable Income tax payable Warranty obligations Deferred revenue Cumulative, redeemable preference shares at the option of the holder Non-cumulative, non-redeemable preference shares What is the total amount considered as financial liabilities? A. 4,620,000 B. 3,620,000 C. 4,600,000 D. 4,500,000 P300,0000 450,000 1,200,000 500,000 1,800,000 120,000 180,000 240,000 1,000,000 2,000,000Calculate working capital Alist of XYZ Company accounits is presented belov in alphabetical order: Aco. Dep.-Buildings Acc. Dep-Equipment Acc. Other Comprehensive Inoiome Accounts Payable Accounts Receivable 10 Additional Paidin Capital-obmmion Addtional Paidin Capital-preferredS 12 Allov ance for Doubtful Adcounts 42,400,00 28.080.00 880.00 17,920 00 17.200 00 19,200.00 9,200 00 640.00 61600 00 13 Bond: Payable idue 20271 14 Buldng: 15 Cash 16 Common Stock, $10 par 17 Curren Tan Payable 18 Discount on Bonds Pavable 19 Equipment 20 nventory 21 Land 22 Marketable Seourities (shoit term) 23 Patents (net) 24 Pieferned stook, $100 par 25 Retained Earnings 26 Revenues Salaries expense 28 Salalies Payable 29 Trademarks 115,200.00 2,320.00 24,000.00 8,320.00 5,520.00 57.920.00 29,760 00 24,000,00 4.880.00 7,840.00 16,800 00 36.960.00 85,600.00 %24 27 31.200.00 1,600.00 2.960.00 24 30
- Chapter 5, page 344 and 349: EA12. 5.3 Using the following Balance Sheet summary information, calculate for the two years presented: A. working capital B. current ratio 12/31/2018 12/31/2019 $76,000 48,000 Current assets $295,000 Current liabilities 163,500 After computing liquidity ratios, comment on the performance of an entity using acceptable standards of liquidity performance* CengageNOWv2 | Online teachin x E Login engagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre.. * еВook Show Me How Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: 20Υ5 20Y6 Net income $1,688,000 $2,459,000 Preferred dividends $50,000 $50,000 Average number of common shares outstanding 90,000 shares 110,000 shares a. Determine the earnings per share for 20Y5 and 20Y6. Round to two decimal places. 20Y5 20Υ6 Earnings per Share b. Is the change in the earnings per share from 20Y5 to 20Y6 favorable or unfavorable? Check My WorkHAlpULSdhx/wkRBg-SysLm-AeX919m2L5F4)xzbwovdD6BWUmolz5g/tormResponse?pli 1 Consider the following selected financial information for Green Woods Company. Green Woods Company Income Statement For the Year Ended December 31, 2020 Green Woods Company Balance Sheet For the Year Ended December 31, 2019 & 2020 2020 2019 ASsets Cash Accounts Receryabl- Invente Revenues $9.000 $230 $480 $$10 $590 Less: Depreciation expense $650 $960 $3.140 $2 150 K$1.520)(S870) $3.310 $980 Less: Other operating expenses 7100 Plant &Equipment Less Arcumalated Depreciation Tonal Assets Liabilinies & OE Less: Interest Expense 440 $3.340 Income before income taxes $810 voints Payal. acoms Tax Payable S870 S120| $550 S280 Income tax expense $270 00 Net income S510 $1.100 S1350 OUES
- M,Band/Aweretthree partnerssharing profits i int the ratio 2::2::11Their|Balance Sheetas at 31.3.2012 was as under: BALANCE SHEET as at 31.3.2012 Liabilities $ Assets $ General ReservE M's Capital B's Capital FAs Capital Creditors 28,000 30,000 20,000 10,000 25,000 17,500 4,C00 TZ1500 28,500 45,500 15,000 30,000 Casih Debtors Stock Land & Building Motor Vehicle Bilis Payable Goodwill 1,30,500 1,30,500 Bdied on 12th June, 2012. According to the deed, his legal representatives entitied ito: (fa) Batanceiin Capital A/c ((b) Shareof goodwill valued on the basis of thrice the averoge profits far ithe pastifourcompieted years. ((0) Shareinprofits upto the dote of death on the basis of average profits forthe pastifour completet yeurs. ((d) ifntereston capital@ 18% p.a. Profits forithe yearsending on/March 31“ of 2009, 2010, 2011 and2012 respectively.were $50,000, $E8,00, $40,000, $52,0ODirespectively. Theifirmihaitaken amatonvéhičteibutítwas mot recordetdi inthelhooksitillttate. The market…e1.du.edu.om/mod/quiz/attempt.php?attempt3D351896&cmid%3D229109 Google Translate Moodle English (en) 5-Principles of Financial Management-5-20202 ourses / BUSS 105-5-20202/ General / TEST 2 The company capital structure consists of debt 150000 at 4.05%, preferred stock is 20% from debt amount at 13.30% and common stock 60000 at 19.50%, calculate company's weighted average cost of capital Select one: O a. 10.50% O b. 5.99% O c. 11% O d. None O e. 8.99% Windows bu Next page ENG A 4)A ChpA moodle1.du.edu.om P Flag question Some selected financial statement items belonging to Mirbat Company are given in the table below. According to this information, which of the following is Receivables Turnover ratio? Average Receivables 15,000 Sales 77,000 Gross Profit 30,000 Non-current Assets 80,000 Sales returns 2,000 Shareholders' Equity 65,000 Select one: а. 3.33 O b. 0.20 c. 5.13 O d. 5 Previous page Next page II