Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ASSMENT RESONCE DOC HIWA PR Scom Shu Que The compare and Water Competed here Wallbery Company Iaco Rabenant For the Year Ended December 21 2020

image text in transcribed
image text in transcribed
image text in transcribed
ASSMENT RESONCE DOC HIWA PR Scom Shu Que The compare and Water Competed here Wallbery Company Iaco Rabenant For the Year Ended December 21 2020 2019 net 31,531.500 $1.751,600 Cost or good - 1,013,400 15.000 Orosch 790,100 76.50 Selles 515,200 677.100 Intra persone 202.900 ore det este 1.600 14,00 one before come 214,100 Incontre 33,043 77.5O Nincome 15:27 $19.900 Obiective 2019 w Company Balmes December 31 Assets 2030 cument Cash BO.CO Debem Accounts receivable 116.500 They 122,500 Tout 161.400 Plast 503,500 Tests 1977.100 Liter and stockholdex Fit CUIT ACES $100,000 64,900 2,100 301,200 119,000 30.00 131.600 5452,500 $146.300 MacBook Air 122,500 368,400 603,900 $972,300 115,000 330,900 $21,600 $852,500 Inventory Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock (35 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $161,000 42,000 203,000 220,000 423,000 $144,900 42,100 187,000 200,000 387,000 283,700 265,600 549,300 $972,300 301,000 164,500 465,500 $852,500 All sales were on account. Not cash provided by operating activities for 2020 was $213,000. Capital expenditures were $129,000, and cash dividends were $80,157 Compute the following ratios for 2020. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 6.9.6.8 or 6.8%. Use 365 days for calculation) CALCULATOR PRINTER VERSION BACK Total abilities and stockholders' equity $972,300 $352,500 All sales were on account. Net cash provided by operating activities for 2020 w 5213,000. Capital expenditures were $129,000, and cash dividendo were 590,157 Conspute the following ratios for 2020. (Round Earnings per share. Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e 6.8 or 6.8%. Use 365 days for calculation) (a) Earnings per share 3.19 (b) Return on common stockholders' equity 35.7 (c) Return on assets 199 (d) Current ratio 1.811 (e) Accounts receivable turnover 15.6 ires (1) Average collection period 22 days (o) Inventory turnover times (N) Days in inventory (0) Times interest earned 0) Asset tumover (k) Debt to assets ratio (0 Free cash flow LINK TO TEKT ASSMENT RESONCE DOC HIWA PR Scom Shu Que The compare and Water Competed here Wallbery Company Iaco Rabenant For the Year Ended December 21 2020 2019 net 31,531.500 $1.751,600 Cost or good - 1,013,400 15.000 Orosch 790,100 76.50 Selles 515,200 677.100 Intra persone 202.900 ore det este 1.600 14,00 one before come 214,100 Incontre 33,043 77.5O Nincome 15:27 $19.900 Obiective 2019 w Company Balmes December 31 Assets 2030 cument Cash BO.CO Debem Accounts receivable 116.500 They 122,500 Tout 161.400 Plast 503,500 Tests 1977.100 Liter and stockholdex Fit CUIT ACES $100,000 64,900 2,100 301,200 119,000 30.00 131.600 5452,500 $146.300 MacBook Air 122,500 368,400 603,900 $972,300 115,000 330,900 $21,600 $852,500 Inventory Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock (35 par) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $161,000 42,000 203,000 220,000 423,000 $144,900 42,100 187,000 200,000 387,000 283,700 265,600 549,300 $972,300 301,000 164,500 465,500 $852,500 All sales were on account. Not cash provided by operating activities for 2020 was $213,000. Capital expenditures were $129,000, and cash dividends were $80,157 Compute the following ratios for 2020. (Round Earnings per share, Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 6.9.6.8 or 6.8%. Use 365 days for calculation) CALCULATOR PRINTER VERSION BACK Total abilities and stockholders' equity $972,300 $352,500 All sales were on account. Net cash provided by operating activities for 2020 w 5213,000. Capital expenditures were $129,000, and cash dividendo were 590,157 Conspute the following ratios for 2020. (Round Earnings per share. Current ratio and Asset turnover to 2 decimal places, e.g. 1.65 or 1.65:1, and all other answers to 1 decimal place, e 6.8 or 6.8%. Use 365 days for calculation) (a) Earnings per share 3.19 (b) Return on common stockholders' equity 35.7 (c) Return on assets 199 (d) Current ratio 1.811 (e) Accounts receivable turnover 15.6 ires (1) Average collection period 22 days (o) Inventory turnover times (N) Days in inventory (0) Times interest earned 0) Asset tumover (k) Debt to assets ratio (0 Free cash flow LINK TO TEKT

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_2

Step: 3

blur-text-image_3

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

BondsA Concise Guide For Investors

Authors: M. Choudhry

2nd Edition

0230006493, 9780230006492

More Books

Students also viewed these Accounting questions

Question

What is overfitting? Why is it so important to watch out for?

Answered: 1 week ago

Question

What are the purposes of promotion ?

Answered: 1 week ago

Question

4. Explain how to price managerial and professional jobs.pg 87

Answered: 1 week ago