Can someone please help me with this chapter?? correct answers please!!

Brief Exercise 18-2 Schellhammer Corporation reported the following amounts in 2013, 2014, and 2015. 2013 2014 2015 Current assets $285,700 $302,842 $317,127 Current liabilities $161,630 $166,400 $183,410 Total assets $449,240 $604,680 $570,270 (b) Perform each of the three types of analysis on Schellhammer's current assets. (Round percentag 43% and ratios to 2 decimal places, e.g.1.58.) 2013 2014 % % % % Horizontal Analysis Current assets Vertical Analysis Current assets Ratio Analysis Current ratio Warning Don't show me this message again for the assignment Brief Exercise 18-3 Using the following data from the comparative balance sheet of Goody Company. December 31, 2015 December 31, 2014 Accounts receivable $483,875 $387,100 Inventory $870,912 $604,800 $2,787,987 $2,511,700 Total assets Illustrate horizontal analysis. (Round percentages to 0 decimal places, e.g. 12%.) Goody Company Balance Sheet December 31, 2015 December 31, 2014 Accounts receivable $483,875 $387,100 Inventory $870,912 $604,800 Total $2,787,987 assets Warning Don't show me this message again for the assignment $2,511,700 Brief Exercise 18-8 Vertical analysis (common size) percentages for Kochheim Company's sales, cost of goods sold, and expenses are shown below. Vertical Analysis Sales 2015 2014 2013 100.0 100.0 100.0 Cost of goods sold 52.2 56.0 60.4 Expenses 18.7 18.7 21.5 (a) Calculate net income. 2015 2014 2013 Net income (b) Did Kochheim's net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Warning Don't show me this message again for the assignment Ok Cancel Brief Exercise 18-11 (Part Level Submission) The following data are taken from the financial statements of Rainsberger Company. 2015 2014 Accounts receivable (net), end of year $547,400 $534,500 Net sales on account 4,060,400 3,050,200 Terms for all sales are 1/10, n/60. Warning Don't show me this message again for the assignment Ok Cancel (a1) Compute for each year the accounts receivable turnover. At the end of 2013, accounts receivable (net) was $508,400. (Round answers to 1 decimal place, e.g. 1.6.) 2015 Accounts receivable turnover times 2014 times Warning Don't show me this message again for the assignment Ok Cancel (a2) Compute for each year the average collection period. At the end of 2013, accounts receivable (net) was $508,400. (Round answers to 1 decimal place, e.g. 1.6.) 2015 Average collection period 2014 days days Warning Don't show me this message again for the assignment Ok Cancel Brief Exercise 18-12 (Part Level Submission) The following data are from the income statements of Haskin Company. 2015 Sales 2014 $6,487,500 $6,233,300 Beginning inventory 955,400 860,800 Purchases 4,300,800 4,684,900 Ending inventory 1,031,300 955,400 Warning Don't show me this message again for the assignment (a1) Compute for each year the inventory turnover. (Round answers to 1 decimal place, e.g. 1.6.) 2015 2014 Inventory turnover times times Warning Don't show me this message again for the assignment Ok Cancel (a2) Compute for each year the average days to sell the inventory. (Round answers to 1 decimal place, e.g. 1.6.) 2015 2014 Days in inventory days days Warning Don't show me this message again for the assignment Ok Cancel Brief Exercise 18-13 Guo Company has owners' equity of $369,900 and net income of $104,930. It has a payout ratio of 27% and a return on assets of 14%. How much did Guo pay in cash dividends, and what were its average assets? (Round answers to 0 decimal places, e.g. 125.) Cash dividends Average assets $ $ Warning Don't show me this message again for the assignment Ok Cancel Exercise 18-2 Operating data for Navarro Corporation are presented below. 2015 2014 $753,200 $601,310 Cost of goods sold 467,530 386,790 Selling expenses 124,110 71,310 Net sales Exercise 18-5 Suppose Nordstrom, Inc., which operates department stores in numerous states, has the followin financial statement data for the year ending January 30, 2014. NORDSTORM, INC. Balance Sheet (partial) (in millions) Cash and cash equivalents End-of-Year Beginning-o $ 1,272 $1 Accounts receivable (net) 3,256 3,1 Inventory 1,437 1,4 Prepaid expenses 141 1 Other current assets 381 3 Total current assets $6,487 $5,1 Total current liabilities $3,222 $2,5 For the year, net sales were $13,213 and cost of goods sold was $8,525 (in millions). (a) Compute the four liquidity ratios at the end of the year. (Round answers to 1 decimal place, e.g. Current ratio :1 Object 1 How can we help you? powered by Live Chat