Financial Accounting (12th Edition) (What's New in Accounting)
12th Edition
ISBN: 9780134725987
Author: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
Publisher: PEARSON
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Chapter 12, Problem 12.22AE
Requirement a.
To determine
To Compute: The value of net
Requirement b.
To determine
To Compute: The value of
Requirement c.
To determine
To Compute: The value of quick (acid-test) ratio for 2018 and 2017.
Requirement d.
To determine
To Compute: The value of debt ratio for 2018 and 2017.
Requirement e.
To determine
To Compute: The value of times-interest- earned ratio for 2018 and 2017.
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Required:
Compute the DuPont ratlos (profit margin, asset turnover, and financial leverage ratlos) for Amazon and Kroger given these numbers
for 2012-2017. Check your numbers to make sure that Profit margin x Asset turnover Financial leverage = Return on equity.
(Negative amounts should be entered with a minus sign. Round your answers to 4 decimal places.)
Data: Problem 6-2 Data.xlsx. (Students can download this data file solve this problem.)
AMZN
KR
Year
2017
2016
2015
2014
2013
2012
Year
2017
2016
2015
2014
2013
2012
2017
2016
2015
2014
2013
2012
2017
2016
2015
2014
2013
2012
Year
Year
Sales Revenue
$177,866,000,000
$135,987,000,000
$107,006,000,000 $ 596,000,000
$ 88,988,000,000 $ (241,000,000) $54,505,000,000
$ 74,452,000,000 $ 274,000,000 $ 40,159,000,000
$ 61,093,000,000 $ (39,000,000) $32,555,000,000
Sales Revenue
$122,662,000,000
$115,337,000,000
$109,830,000,000
$108,465,000,000
$ 98,375,000,000
$ 96,619,000,000
Net Income
Assets
$131,310,000,000
$ 3,033,000,000
$…
Learning Objective 7: Calculate return on assets) In 2018, Ambrosia Corporation LO 7reported $100 million in sales, $18 million in net income, and average total assets of $200 million.What is Ambrosia’s return on assets in 2018?
E1-23A. (Learning Objective 4: Identify financial statement by type of information) ButlerTech, Inc., is expanding into India. The company must decide where to locate and how tofinance the expansion. Identify the financial statement where these decision makers can findthe following information about Butler Tech, Inc. In some cases, more than one statement willreport the needed data.a. Revenueb. Common stockc. Current liabilitiesd. Long-term debte. Dividendsf. Ending cash balanceg. Adjustments to reconcile net income tonet cash provided by operationsh. Cash spent to acquire the buildingi. Income tax expensej. Ending balance of retained earningsk. Selling, general, and administrativeexpensel. Total assetsm. Net incomen. Income tax payable
Chapter 12 Solutions
Financial Accounting (12th Edition) (What's New in Accounting)
Ch. 12 - Prob. 1QCCh. 12 - Prob. 2QCCh. 12 - Prob. 3QCCh. 12 - Prob. 4QCCh. 12 - Expressing accounts receivable as a percentage of...Ch. 12 - Kincaid Company reported the following data (in...Ch. 12 - Prob. 7QCCh. 12 - Ratios that measure liquidity include all of the...Ch. 12 - Verba Corporation has an inventory turnover of 15...Ch. 12 - The measure of a companys ability to collect cash...
Ch. 12 - A ratio that measures a companys profitability is...Ch. 12 - Prob. 12QCCh. 12 - Prob. 13QCCh. 12 - Prob. 14QCCh. 12 - Prob. 12.1ECCh. 12 - Prob. 12.1SCh. 12 - Prob. 12.2SCh. 12 - Prob. 12.3SCh. 12 - Prob. 12.4SCh. 12 - Prob. 12.5SCh. 12 - (Learning Objective 4: Evaluate a companys quick...Ch. 12 - Prob. 12.7SCh. 12 - (Learning Objective 4: Measure ability to pay...Ch. 12 - (Learning Objective 4: Measure profitability using...Ch. 12 - Prob. 12.10SCh. 12 - (Learning Objective 4: Use ratio data to...Ch. 12 - Prob. 12.12SCh. 12 - (Learning Objective 4: Analyze a company based on...Ch. 12 - Prob. 12.14SCh. 12 - Prob. 12.15SCh. 12 - Prob. 12.16AECh. 12 - Prob. 12.17AECh. 12 - Prob. 12.18AECh. 12 - Prob. 12.19AECh. 12 - Prob. 12.20AECh. 12 - Prob. 12.21AECh. 12 - Prob. 12.22AECh. 12 - Prob. 12.23AECh. 12 - Prob. 12.24AECh. 12 - Prob. 12.25AECh. 12 - Prob. 12.26AECh. 12 - Prob. 12.27BECh. 12 - Prob. 12.28BECh. 12 - Prob. 12.29BECh. 12 - Prob. 12.30BECh. 12 - Prob. 12.31BECh. 12 - LO 4 (Learning Objective 4: Calculate ratios;...Ch. 12 - Prob. 12.33BECh. 12 - Prob. 12.34BECh. 12 - Prob. 12.35BECh. 12 - Prob. 12.36BECh. 12 - Prob. 12.37BECh. 12 - Prob. 12.38QCh. 12 - Prob. 12.39QCh. 12 - Prob. 12.40QCh. 12 - Prob. 12.41QCh. 12 - Prob. 12.42QCh. 12 - Prob. 12.43QCh. 12 - Prob. 12.44QCh. 12 - Use the Orlando Medical Corporation financial...Ch. 12 - Prob. 12.46QCh. 12 - Use the Orlando Medical Corporation financial...Ch. 12 - Prob. 12.48QCh. 12 - Prob. 12.49QCh. 12 - Prob. 12.50QCh. 12 - Prob. 12.51QCh. 12 - Prob. 12.52QCh. 12 - Prob. 12.53QCh. 12 - Prob. 12.54QCh. 12 - Prob. 12.55QCh. 12 - LO 1, 2, 4 (Learning Objectives 1, 2, 4: Calculate...Ch. 12 - Prob. 12.57APCh. 12 - Prob. 12.58APCh. 12 - LO 4 (Learning Objective 4: Use ratios to evaluate...Ch. 12 - Prob. 12.60APCh. 12 - LO 2, 4, 5 (Learning Objectives 2, 4, 5: Analyze...Ch. 12 - Group B LO 1, 2, 4 (Learning Objectives 1, 2, 4:...Ch. 12 - Prob. 12.63BPCh. 12 - Prob. 12.64BPCh. 12 - LO 4 (Learning Objective 4: Use ratios to evaluate...Ch. 12 - Prob. 12.66BPCh. 12 - LO 2, 4, 5 (Learning Objectives 2, 4, 5: Analyze...Ch. 12 - Prob. 12.68CEPCh. 12 - Prob. 12.69CEPCh. 12 - (Learning Objectives 2, 3.4: Use trend...Ch. 12 - (Learning Objectives 4, 5: Calculate and analyze...Ch. 12 - Prob. 12.72DCCh. 12 - Prob. 12.73DCCh. 12 - Prob. 12.74EICCh. 12 - Focus on Financials Apple Inc. LO 1, 2, 3, 4, 5...Ch. 12 - Comprehensive Financial Statement Analysis Project...
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