Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assignment #7 - Chapters 1617 de 04332022 3 Alberto Playground in produces markets, distrus anda duble playground out the way distributor in Canada and is

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Assignment #7 - Chapters 1617 de 04332022 3 Alberto Playground in produces markets, distrus anda duble playground out the way distributor in Canada and is hoping to expand to the provinces hores dorton between 2015 balance sheets and income statements flow 10 Balance Versted March Cash and the 1 20 400 . 51, 14 100 Pregates and others strategie Other current sets Totalt otellet Sooduli The nang O Total 1.0.1 . 733,19 . 11.13 Glitt accounts Income in de $. 371 20 C Help Seve & E 3 Check 10 points 51,360 23,914 20.023 288 33343 28.682 $1,319,518 51,655,798 41,343 1.083,150 1,054,756 353.40 922,295 3432 520,013 140293 95,766 35,739,629 39,320,771 eBook Print Prepaid expenses and other assets Non-strategic investment Other current assets Total current assets Portfolio Investment Property, plant, & Equipment Goodwill Trademarks and other intangibles Other assets Total assets Liabilities Current Iabilities Bank loans Accounts payable and accrued liabilities Income taxes payable Current portion of long term debt Total current liabilities Non-Current Liabilities Long-term debt Other Teabilities Total liabilities Equity Common shares Retained earnings Total equity Total liabilities and equity Deterences 5171,989 5 62,972 575.00 423.206 200,00 150,777 20470 0910 $ 9700 95,874 381,280 383,590 130,63 154 260 51,548,048 51,234233 $631,625 $596,709 1,559,905 1,405.29 $2,191 5810035 53,799.62939,20,791 Alberto Playground Inc 3 CH Retained earnings Total equity Total liabilities and equity 1.559,906 1,495,709 52.191,581 $2.094,538 $3,739,629 $3,328,771 10 points Alberto Playground Inc. Income Statement (5000) Years Ended March 31 eBook print References Revenues Cost of sales, selling and administrative expenses Depreciation and amortization expense Operating profit Interest on long-term debt Other expenses Earnings before income taxes Income taxes Profit 2020 2019 $6,165.470 55,950,582 5,265,330 5,146,511 108.332 117.006 793,00 687,065 23,631 30,321 15,062 5.561 754.514 558,163 205,735 162.782 $ 550,799 54,394 Assume the common shares represent 205,230 (thousand shares issued and outstanding for the entire year ended March 1, 2020 Required: 1. Prepare a common-size balance sheet and income statement on a comparative basis for 2019 and 2020. (Round the final percentage answers to 2 decimal places, Negative answers should be indicated by a minus sign.) for the entire year ended March 31, Required: 1. Prepare a common size balance sheet and income statement on a comparative basis for 2019 and 2020 (Round the final percentage answers to 2 decimal places. Negative answers should be indicated by a minus sign.) 10 points eBook Print 2019 ( References ALBERTA PLAYGROUND INC Common Size Comparative Balance Show As at March 31, 2020 and March 31, 2019 2020 (%) Assets Current assets Cash and cash equivalents Receivables Inventories Prepaid expenses and other assets Non-strategic investment Other current assets Total current assets Portfolio investment Property, plant and equipment Goodwill MC Nad 3 CH 10 points Bock Print References MI Prepaid expenses and other assets Non-strategic investment Other current assets Total current assets Portfolio investment Property, plant and equipment Goodwill Trademarks and other intangibles Other assets Total assets Liabilities Current liabilities Bank loans Accounts payable and accrued lablities Income taxes payable Current portion of long-term debt Total current abilities Long-term debit Otherlabilities Total liabilities 3 Check my work 10 points bo Lines Current les Bank loans Accounts payable and acordabilities Income taxes payable Current portion of long term debt Total current les Long-term debt Other abilities Total liabilities Equity Common shares Retained earnings Total guilty Total abilities and equity Reference ALBERTA PLAYGROUND INC Help 3 10 points eBook 2015 Print References ALBERTA PLAYGROUND INC Common Size Comparative Income Statement Years unded March 31, 2020 and March 31, 2019 2020 05) Revenues Cost of sales and selling general and administrative Depreciation and amortization expense Operating profit Interest on long-term debt Other expenses Profit before income taxes Income taxes Profit signment 7 Chapters 16,17 due 041032022 3 10 points 2. Calculate the 2020 ratios for Alberta Playground Inc. including a companion against the industry averages (Round the final answers to 2 decimal places) BO Print Favor hlavourable References 1 times Ratio Current ratio Total asset turnover Debt ratio Equity ratio Times interesteamed Profit margin Return on total asets Earnings per share Ava 161 23 med 35 66 50 times 10 2015 5179 times IMC PLN 3.5 HIE Next > Assignment #7 - Chapters 1617 de 04332022 3 Alberto Playground in produces markets, distrus anda duble playground out the way distributor in Canada and is hoping to expand to the provinces hores dorton between 2015 balance sheets and income statements flow 10 Balance Versted March Cash and the 1 20 400 . 51, 14 100 Pregates and others strategie Other current sets Totalt otellet Sooduli The nang O Total 1.0.1 . 733,19 . 11.13 Glitt accounts Income in de $. 371 20 C Help Seve & E 3 Check 10 points 51,360 23,914 20.023 288 33343 28.682 $1,319,518 51,655,798 41,343 1.083,150 1,054,756 353.40 922,295 3432 520,013 140293 95,766 35,739,629 39,320,771 eBook Print Prepaid expenses and other assets Non-strategic investment Other current assets Total current assets Portfolio Investment Property, plant, & Equipment Goodwill Trademarks and other intangibles Other assets Total assets Liabilities Current Iabilities Bank loans Accounts payable and accrued liabilities Income taxes payable Current portion of long term debt Total current liabilities Non-Current Liabilities Long-term debt Other Teabilities Total liabilities Equity Common shares Retained earnings Total equity Total liabilities and equity Deterences 5171,989 5 62,972 575.00 423.206 200,00 150,777 20470 0910 $ 9700 95,874 381,280 383,590 130,63 154 260 51,548,048 51,234233 $631,625 $596,709 1,559,905 1,405.29 $2,191 5810035 53,799.62939,20,791 Alberto Playground Inc 3 CH Retained earnings Total equity Total liabilities and equity 1.559,906 1,495,709 52.191,581 $2.094,538 $3,739,629 $3,328,771 10 points Alberto Playground Inc. Income Statement (5000) Years Ended March 31 eBook print References Revenues Cost of sales, selling and administrative expenses Depreciation and amortization expense Operating profit Interest on long-term debt Other expenses Earnings before income taxes Income taxes Profit 2020 2019 $6,165.470 55,950,582 5,265,330 5,146,511 108.332 117.006 793,00 687,065 23,631 30,321 15,062 5.561 754.514 558,163 205,735 162.782 $ 550,799 54,394 Assume the common shares represent 205,230 (thousand shares issued and outstanding for the entire year ended March 1, 2020 Required: 1. Prepare a common-size balance sheet and income statement on a comparative basis for 2019 and 2020. (Round the final percentage answers to 2 decimal places, Negative answers should be indicated by a minus sign.) for the entire year ended March 31, Required: 1. Prepare a common size balance sheet and income statement on a comparative basis for 2019 and 2020 (Round the final percentage answers to 2 decimal places. Negative answers should be indicated by a minus sign.) 10 points eBook Print 2019 ( References ALBERTA PLAYGROUND INC Common Size Comparative Balance Show As at March 31, 2020 and March 31, 2019 2020 (%) Assets Current assets Cash and cash equivalents Receivables Inventories Prepaid expenses and other assets Non-strategic investment Other current assets Total current assets Portfolio investment Property, plant and equipment Goodwill MC Nad 3 CH 10 points Bock Print References MI Prepaid expenses and other assets Non-strategic investment Other current assets Total current assets Portfolio investment Property, plant and equipment Goodwill Trademarks and other intangibles Other assets Total assets Liabilities Current liabilities Bank loans Accounts payable and accrued lablities Income taxes payable Current portion of long-term debt Total current abilities Long-term debit Otherlabilities Total liabilities 3 Check my work 10 points bo Lines Current les Bank loans Accounts payable and acordabilities Income taxes payable Current portion of long term debt Total current les Long-term debt Other abilities Total liabilities Equity Common shares Retained earnings Total guilty Total abilities and equity Reference ALBERTA PLAYGROUND INC Help 3 10 points eBook 2015 Print References ALBERTA PLAYGROUND INC Common Size Comparative Income Statement Years unded March 31, 2020 and March 31, 2019 2020 05) Revenues Cost of sales and selling general and administrative Depreciation and amortization expense Operating profit Interest on long-term debt Other expenses Profit before income taxes Income taxes Profit signment 7 Chapters 16,17 due 041032022 3 10 points 2. Calculate the 2020 ratios for Alberta Playground Inc. including a companion against the industry averages (Round the final answers to 2 decimal places) BO Print Favor hlavourable References 1 times Ratio Current ratio Total asset turnover Debt ratio Equity ratio Times interesteamed Profit margin Return on total asets Earnings per share Ava 161 23 med 35 66 50 times 10 2015 5179 times IMC PLN 3.5 HIE Next >

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Theory

Authors: Ian Dennis

1st Edition

1138599700, 978-1138599703

More Books

Students also viewed these Accounting questions