bur Cour CICh Yon Bad Tem Rival JBa TITI t.aspx?testid-241565623¢erwin-yes College-Summer 2 Balance sheet -X 100 p Bon:& 8 Cash $ 3,720 $ 2,600 9 Accounts receivables 3,000 2.460 10 Inventory 1,900 1,300 per sha 11 Other current assets 2,300 1,990 12 Total current assets S 10,920 $ 8,350 13 Other assets 20,000 18,000 14 Total assets S 30,920 $ 26,350 ce enter 15 Acid-te 16 Liabilities ratio 17 Total current liabilities 18 Long-term liabilities 19 Total liabilities 20 $ 12.000 S 10.500 7.920 8.050 collection $ 10,920 5 18,550 Print Done housands a W.mp3 Boehm Guatan mp3 Balvin - Tu Ve mp3 % 85 MacBook Pro CO V 27 +00 TO aspx?testid-241565623¢erwin-yes College-Summer 2 Balance sheet 13 Other assets 14 Total assets 15 16 -X 100 p tion: 20,000 18,000 $ 30,920 $ 26,350 per sh Liabilities 17 Total current liabilities S 12,000 $ 10,500 18 Long-term liabilities 19 Total liabilities 20 21 Stockholders' equity 7,920 8,050 $ 19,920 $ 18,550 s collec 22 Total common stockholders' equity 23 24 Total liabilities and equity 11,000 7,800 housands $ 30.920 $ 26,350 Print Done mp3 Boehm Quatag mp3 J Balvin Tu Ve mp3 535 T Mic Book mo 2P -10- C +00 8 61 9 9 fest.aspx?testid-241565623¢erwin-yes sta College-Summer 2 14 Income statement This test: This quest 3 ration repo icon to vie 4 income stateONE For the Year Ended December 31, 2020 (amounts in thousands) ration has ation's finan 5 2020 dy at $32.90 p 6 Sales revenues $ 15,330 quirement 7 Less: Cost of goods sold 5,120 8 Gross profit $ 10,210 9 Less: Operating expenses 3,010 Bay off all of receivables c 10 Operating income $ 7,200 quid than cas 11 Less: Interest expense 300 erest-earned mula on the answer to o rest expense 12 Income before income taxes S 6,900 13 Less: Income tax expense 4.560 mounts in thour 14 Net income S 2,350 There Print Done ire [W.mp3 Boehm-Quatag.mp3 54 888 2 55 T MacBook Pro 27 16 > J Balvin Tu Vemp 27 -11 8% 61 Peace Corporation reported these figures: (Click the icon to view the balance sheet.) (Click the icon to view the income statement.) Peace Corporation has 2,500,000 shares of common stock outstanding. Its stock has traded recently at $32.90 per share. You would like to gain a better understandin Peace Corporation's financial position. Assume all sales are on credit. Read the requirement d. Times-interest-earned Enter the formula on the first line, then calculate the times-interest-earned on the next line. (Enter amounts in thousands as provided to you in the problem statement Round your answer to one decimal place.) Interest expense Timles-interest-earned Peace's servicing its debt according to this ratio. e. Gross profit percentage times. There Cater the Inden the first line then saledate the net n the nut linn Enter inte Submit tes Read the requirement e. Gross profit percentage Enter the formula on the first line, then calculate the gross profit percentage on the next line. (Enter amounts in thousands as provided to you in the problem st Round your answer to one decimal place.) Gross profit percentage % % of each sales dollar is gross profit for the company. This is a gross profit percentage but should be compared to the to better determine if it is reasonable. f. Operating income percentage Enter the farmida on the first line than nalidate the naration inima namantane on the novt line (Enter amnunte in thousande e nded in ne in the nahiem Temperature (W....mp3 Boehm-Guataq...mp3 J Balvin Tu Ve....mp3 Submi Show A Read the requirement. f. Operating income percentage Enter the formula on the first line, then calculate the operating income percentage on the next line. (Enter amounts in thousands as provides statement. Round your answer to one decimal place.) Operating income percentage % % of each sales dollar is income for the company. This is a operating income percentage but should be compared to the to better determine if it is reasonable. g. Return on stockholders' equity Temperature (W...mp3 Boehm-Guatag....mp3 J Balvin Tu Ve....mp3 (Click the icon to view the balance sheet.) (Click the icon to view the income statement.) Peace Corporation has 2,500,000 shares of common stock outstanding. Its stock has traded recently at $32.90 per share. You would like to gain a better understandi Peace Corporation's financial position. Assume all sales are on credit. Read the requirement Enter the formula on the first line, then calculate the return on stockholders' equity on the next line. (Enter amounts in thousands as provided to you in the problem statement. Round the percentage to the nearest whole percent. For accounts with a zero balance enter $0 where appropriate.) Rate of return on equity %6 retum If we assume any double digit rate of return on equity is strong, we can say Peace Corporation has a because the return on stockholders' equity is h. Earnings per share Enter the formula on the first line, then calculate the EPS on the next line. (Enter net income in thousands as provided to you in the problem statement. Enter the shares of outstanding common stock in thousands as well, although it is not given in thousands in the data provided to you. Round your answer to the nearest cent. For accounts Temperature (W-mp3 7 Boehin Quatag.mp3 J Balvin Tu Ve....mp3 Submit test Show All N