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can you do 14-2 thru 14-7 ,please Chapter 14 Financial Statement Analysis 705 BE 14-2 Vertical analysis Income statement information for Einsworth Corporation follows: Obj.
can you do 14-2 thru 14-7 ,please
Chapter 14 Financial Statement Analysis 705 BE 14-2 Vertical analysis Income statement information for Einsworth Corporation follows: Obj. 2 E HOW Sales $1,200,000 Cost of goods sold 780,000 Gross profit 420,000 Prepare a vertical analysis of the inco ages to one decimal place.) the income statement for Binsworth Corporation. (Round percent BE 14-3 Current position analysis The following items are reported on a company's balance sheet Obj. 3 Cash $210,000 Marketable securities 120,000 Accounts receivable (net) 110,000 Inventory 160,000 Accounts payable 200,000 Determine (A) the current ratio and (B) the quick ratio. (Round to one decimal place.) BE 14-4 Accounts receivable analysis Obj. 3 A company reports the following: Sales $3,150,000 Average accounts receivable (net) 210,000 Determine CA) the accounts receivable turnover and (3) the number of days' sales in receivables. (Round to one decimal place.) BE 14-5 Inventory analysis Obj. 3 A company reports the following: Cost of goods sold $435,000 Average inventory 72,500 Determine (A) the inventory turnover and (B) the number of days' sales in inventory. (Round to one decimal place.) BE 14-6 Long-term solvency analysis Obj. 4 The following information was taken from Charu Company's balance sheet: Fixed assets (net) $860,000 Long-term liabilities 200,000 Total liabilities 600,000 Total stockholders'equity 250,000 Determine the company's (A) ratio of fixed assets to long-term liabilities and (B) ratio of liabilities to stockholders' equity. (Round to one decimal place.) Obj. 4 BE 14-7 Times interest earned A company reports the following: Income before income tax $8,000,000 Interest expense 500,000 Determine the number of times interest charges are earned. Round to one decimalStep by Step Solution
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