What are the formulas used to get the answers in stock issuance (in dollars), stock issuance (in millions of shares), EPS, and price to book ratio? 60 Stock issuance(buyback) (in millions of shares)616263 Other Data64 Stock price (year-end)65 Average number of shares outstanding (millions)$51.40$47.67S57.82$68.45$79.9046.245.143.842.741.76667 Financial Indicators68 Valuation Ratios69 EPS$2 98$O 9516.0$3 21$1.0518.0$3. 42$1.1620.0$2.87$3 6370 Dividend per Share71 PE Ratio72 P/B (price to book) Ratio73 Dividend Payout Ratio$0.8717.93.530%$1.2722.03.03.43.84.232%33%34%35%74 25 Balance Sheet ($ Million)26 Assets27 Cash and Marketable Securities28 Accounts Receivable29 Inventories30 Other Current Assets$28.4$29.4$30.9$32.4$34.12.1%$120.1$117.7$123.6$129.8$136.28.4%$116 8$123.3$129.5$135.9$142.78.8%$97.5$362.8$106.5$376.9$111.8$395.7$123.3$436.3$117.47.6%31 Total Current Assets$415.53233 Property, Plant and Equipment, Gross34 Accumulated Depreciation35 Property. Plant and Equipment, Net3637 Other Non-Current Assets38 Total Non-Current Assets$913.1$986.1$1,065.0$1,150.2$1,242.38.0%$427 9$506.8$5920S684.0S783.4$4852$479.4$473.0$466.2$458.9$456.3$492.8$532.2$574.8$620.88.0%$941.5$972.2$1,005.3$1.041.0$1,079.73940 Total Assets$1,304.3$1,349.1$1,401.0$1,456.6$1,516.04142 Liabilities and Shareholders' Equity43 Accounts Payable44 Short-Term Debt45 Other Current tiabilites46 Total Current LiabilitiesS98.9S897$126 8s80.5S1103$111.3$302.1$85.5$1225S94.2$131 46.1%$136 412.0%$1163$324.3$1221$338.7$128.2$353.9$134.6$369.98.3%48 Long-Term Debt49 Deferred Income Taxes50 Other Non-Current Liabilities51 Total Liabilities$197.1$216$218.1$183.8$190.2$204.618.0%$19.6$106.5S20 6$111.8$12.7$22.7$123.31.4%$94.5$117.47.6%$627.4$634.2S661.3S690.0$720.55253 Paid-in Capital54 Retained Earnings55 Total Shareholders' Equity$44.8$44.8$44.8$44.8$44.8S694. 9$739.7S632.1$670.0S721.8S750 7$676.9$714.8$766.6S795.55657Total Liabilitios and Shareholders' Equity$1,304.3$1,349.1$1,401.0$1,456.6$1,516.05859 Stock issuancekbuyback) (in dollars)60 Stock issuance(buyback) (in millions of shares)(S53.4)(1.1)($69 8)(1.3)($69 9)(1.1)(S69 6)(0.9)

Stock Issuance refers to the amount that is generated by the company when it sold its shares /…

Answered: What are the formulas used to get the…

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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Current Year Previous Year Current assets: Cash $532,000 $439,200 Marketable securities 616,000 494,100 Accounts and notes receivable (net) 252,000 164,700 Inventories 554,400 297,700 Prepaid expenses 285,600 190,300 Total current assets $2,240,000 $1,586,000 Current liabilities: Accounts and notes payable (short-term) $406,000 $427,000 Accrued liabilities 294,000 183,000 Total current liabilities $700,000 $610,000 a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. Current Year Previous Year 1. Working capital $ 2. Current ratio 3. Quick ratio
14 BALANCE SHEET 15 ASSETS 16 Cash and marketable securities 17 Accounts receivable O 0.27 O 1.37 A 3.68 18 Inventory 19 Current assets 20 Land, buildings, plant, and equipment 21 Accumulated depreciation 22 Net fixed assets 23 Total assets 24 LIABILITIES AND EQUITIES 25 Short-term bank loans 26 Accounts payable 27 Accruals 28 Current liabilities 29 Long-term debt 30 Common stock 31 Retained earnings 32 Total equity 33 Total liabilities and equity 34 Current Ratio Based on the balance sheet shown above, what is the current ratio at C34 cell for the current ratio in 2015? Onone of the answers is correct. 3.16 B 2016 C 2015 $37,974 $154,550 10,000 6,000 250,000 135,000 $297,974 $295,550 $250,000 $125,000 50,000 25,000 $200,000 $100,000 $497,974 $395,550 $70,000 $72,500 9,999 5,253 3,666 2,550 $83,665 $80,303 $233,500 $135,500 $160,000 $160,000 20,810 19,747 $180,810 $179,747 $497,974 $395,550 ?
Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 20Y1 Assets Current assets Cash $1,013,530 $917,700 Marketable securities 1,533,990 1,520,760 Accounts receivable (net) 978,200 919,800 Inventories 730,000 569,400 Prepaid expenses 191,756 183,540 Total current assets $4,447,476 $4,111,200 Long-term investments 2,479,894 1,119,115 Property, plant, and equipment (net) 5,330,000 4,797,000 Total assets $12,257,370 $10,027,315 Liabilities Current liabilities $1,347,720 $1,776,965 Long-term liabilities: Mortgage note payable, 8% $1,840,000 $0 Bonds payable, 8% 2,260,000 2,260,000 Total long-term liabilities $4,100,000 $2,260,000 Total liabilities $5,447,720 $4,036,965 Stockholders' Equity Preferred $0.70 stock, $50 par $850,000 $850,000 Common stock, $10 par 970,000 970,000 Retained earnings 4,989,650…
Current Year Previous Year Current assets: Cash $655,500 $520,000 Marketable securities 759,000 585,000 Accounts and notes receivable (net) 310,500 195,000 Inventories 643,500 475,800 Prepaid expenses 331,500 304,200 Total current assets $2,700,000 $2,080,000 Current liabilities: Accounts and notes payable (short-term) $435,000 $455,000 Accrued liabilities 315,000 195,000 Total current liabilities $750,000 $650,000 a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to place.
Category Prior Year Current Year Accounts payable 3,159.00 5,955.00 Accounts receivable 6,974.00 8,952.00 Accruals 5,771.00 6,100.00 Additional paid in capital 19,965.00 13,214.00 Cash ??? ??? Common Stock 2,850 2,850 COGS 22,509.00 18,563.00 Current portion long-term debt 500 500 Depreciation expense 1,044.00 984.00 Interest expense 1,285.00 1,168.00 Inventories 3,015.00 6,719.00 Long-term debt 16,894.00 22,766.00 Net fixed assets 75,882.00 73,989.00 Notes payable 4,022.00 6,500.00 Operating expenses (excl. depr.) 19,950 20,000 Retained earnings 35,811.00 34,391.00 Sales 46,360 45,993.00 Taxes 350 920 What is the firm's cash flow from operations? Submit Answer format: Number: Round to: 0 decimal places. unanswered not_submitted Attempts Remaining: Infinity
Using balance sheet what is the quick ratio? BALANCE SHEET ($ in millions) ASSETS LIABILITIES Cash & Marketable Securities 449.90 Accounts Payable 1,611.20 Accounts Receivable 954.80 Salaries Payable 225.20 Inventories 3,645.20 Other Current Liabilities 1,118.80 Other Current Assets 116.60 Total Current Liabilities 2,955.20 Total Current Assets 5,166.50 Other Liabilities 693.40 Machinery & Equipment 1,688.90 Land 1,129.70 Total Liabilities 3,648.60 Buildings 2,348.40 Depreciation (575.60) SHAREHOLDER'S EQUITY Property, Plant & Equip. - Net 4,591.40 Common Stock 828.50 Other Long Term Assets 120.90 Retained Earnings 5,401.70 Total Long-Term Assets 4,712.30 Total Shareholder's Equity 6,230.20 Total Assets 9,878.80 Total Liabilities & Equity 9,878.80
# 3 Category. Prior Year Current Year Accounts payable 3,136.00 5,904.00 Accounts receivable 6,838.00 9,068.00 Accruals 5,663.00 6,026.00 Additional paid in capital 20,182.00 13,570.00 Cash ??? ??? Common Stock 2,850 2,850 COGS 22,844.00 18,591.00 Current portion long-term debt 500 500 Depreciation expense 955.00 1,036.00 Interest expense 1,275.00 1,169.00 Inventories 3,020.00 6,732.00 Long-term debt 16,947.00 22,144.00 Net fixed assets 75,056.00 74,173.00 Notes payable 4,022.00 6,569.00 Operating expenses (excl. depr.) 19,950 20,000 Retained earnings 35,957.00 34,753.00 Sales 46,360 45,431.00 Таxes 350 920 What is the firm's total change in cash from the prior year to the current year? Submit Answer format: Number: Round to: 0 decimal places.
Q.6 Analysis of Financial Statement: Cash $77.500; Receivable $336.000; Inventory $241,500: Fixed Asset $292.500 Account Payable $129,000; Note Payable $84,000: Other current liabilities $117.000; Long term Debt $256,500; Common equity $361,000 Compute i. Working capital ii. Current ratio iii. Quick ratio iv. Receivable turnover, where credit sales were Rs.1600,000 v. Inventory turnover where cost of goods sold Rs 1300,000 END OF EXAM PAPER FUUAS
q. 13 A company has $628 in inventory, $1,921 in net fixed assets, $300 in accounts receivable, $141 in cash, and $354 in accounts payable. What are the company’s total current assets? $769 $1,069 $2,990 $1,123 $1,423
Data needed: SFP Asset section 1. Cash 16.3% 2. AR 6.3% 3. Short term investment 0.2% 4. Inventory 2.2% 5. Prepaid expenses 0.4% 6. PPE 74.7% Data needed: SFP Liabilities and OE section. 1. Current liab 16% 2. Non-current liab 34.2% 3. OE 49.9% Data needed: SCI 1. COGS 38.6% 2. Selling and admin exp 6.8% 3. Interest exp 0.1% 4. Income tax exp 0.5% 5. Net income 54%
Help | System Announcements Balance Sheet As of 12/31/19 Assets: Liabilities and Equity: Cash and marketable securities $28,987 Accounts payable and accruals $154,807 Accounts receivable $142,845 Short-term notes payable $21,639 Inventory $212,722 Total current liabilities $176,446 Total current assets $384,554 Long term debt $155,510 Net plant and equipment $602,309 Total liabilities $331,956 Goodwill and cther assets $42,422 Common stock $314,932 Retained earnings $382,397 Total assets $1,029,285 Total liabilities and equity $1,029,285 In addition, it was reported that the firm had a net income of: $158,531 and net sales of: $4,338,283 Calculate the following ratios for this firm (Use 365 days for calculation. Round answers to 2 decimal places, e.g. 52.75.): Current Ratio times Quick Ratio times Average Collection Period days Total Asset Turnever times Fixed Asset Turnover times Question
OUR COMPANY Statement of Financial Position As of December 31 2ΟΥ2 20Υ1 Cash and Cash Equivalents P 470,310 P 519,860 Accounts Receivable, net 660,110 565,170 Inventory 653,060 555,480 228,810 Prepaid Expenses 173,740 Total Current Assets 1,957,220 1,869,320 Property, Plant and Equipment, net Intangible Assets 5,910,530 745,200 5,501,660 721,910 Total Assets P8,612,950 P8,092,890 Current Liabilities P1,273,050 P1,123,700 Long-Term Liabilities 577,580 541,540 Total Liabilities 1,850,630 1,665,240 OUR, Capital 6,762,320 6,427,650 Total Liabilities and Owner's Equity P8,612,950 P8,092,890 OUR COMPANY Statement of Comprehensive Income For the Year Ended 20Υ2 20Υ1 Sales Revenue P5,385,860 P4,921,850 1,374,790 Cost of Goods Sold 1,254,860 Gross Profit 4,011,070 3,666,990 3,127,150 3,406,460 604,610 Selling and Administrative Expenses Operating Income Interest Expense 539,840 23,040 11,820 Net Income P 592,790 P 516,800 Required: 1. Compute for the 20Y2 profitability ratios. 2. Compute for…

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