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can somone answer 5-8 Measures of liquidity, solvency, and profitability The comparative financial statements of Marshall Inc are as follows The market anes of Marshall

can somone answer 5-8
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Measures of liquidity, solvency, and profitability The comparative financial statements of Marshall Inc are as follows The market anes of Marshall common stack 182.60 on Decamber 3, 20 Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2012 and 201 2012 2011 Retained earnings, January 1 Net income Dividends 13,704,000 1:600,000 $3,264,000 $ $50,000 On preferred stock On common stock (10,000) (100,000) (10,000) (100,000) Increase in retained earnings $ 490,000 $440,000 Retained earnings, December 31 $4,194,000 $3,704,000 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 2012 and 201 2011 2012 $10,850,000 Sales $10,000,000 Cost of goods sold (6,000,000) (5,450,000) Gross profit $4,050,000 $4,550,000 $(2,170,000) (2,000,000) Selling expenses Administrative expenses (1,627,500) (1,500,000) Total operating expenses Operating income $(3,797,500) $(3,500,000) $1,052,500 $1,050,000 Other revenue and expense Other revenue 99.500 20.099 Check My Work apter 14-4A-Project PR 14.04A wess: 1/1 tems Other expense Interest) theme before income tax expe Incime tax expense Net income Current st Cash Marketable securitie Accounts receivable (net) Inventories Prepaid expenses Total current a Long-term investments Property, plant, and equipment (t) Total Liabilities Current bes Long-term b Mortgage note payable, Bonds payable, 4% Total long-term be Check My Work (132,000) $1,020,000 1420,000) $ 600,000 (120,000 $950,000 (400,000) $50,000 2012 2011 $1,050,000 301,000 $950,000 420,000 585,000 500,000 420.000 300,000 100,000 20,000 $2,464,000 $2,270,000 800,000 800,000 5,750,000 5,104,000 $9,024,000 $0,254,000 $50,000 $900,000 $200,000 3,000,000 3,000,000 $3,200,000 $3,000,000 Marshall Inc. Comparative Balance Sheet December 31, 2012 and 2011 Assets OF C CO 11 Mortgage note payable, 6% Bonds payable, 4% $200,000 50 3,000,000 3,000,000 Total long-term liabates Total liabilities $3,200,000 $3,000,000 $4,000,000 $3,800,000 Preferred 4% stock, $5 par $250,000 $250,000 Common stock, $5 p Retained earnings 500,000 500,000 4,194,000 3,704,000 Total stockholders' equity $4,944,000 $4,454,000 Total liabilities and stockholders' equity $9,024,000 $8,254,000 Determine the following measures for 2012. Round to one decimal place, including percentages, except for per share amounts, which should be rounded the nearest cent 1. Working Capital 1,584,000 2.8 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 20 5. Number of days" sales in receivables 6. Inventory turnover 7. Number of days' sales inventory 8. Ratio of fixed assets to long-term bie 9. Ratio of liabilities to stockholders' equity 10. Times interest earned 11. Asset turnover 12. Return on total assets Stockholders' Equity CO

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