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Can you fill in all of the blanks for operating profitability? Thank you! Chaz Corp. Balance Sheet December 2012 December 2013 250 115 Assets Cash
Can you fill in all of the blanks for operating profitability? Thank you!
Chaz Corp. Balance Sheet December 2012 December 2013 250 115 Assets Cash Accounts Receivable Inventory Current Assets Plant and Equipment Less: Accumulated Depreciation Net Plant and Equpment Total Assets December 2012 December 2013 225 175 450 430 575 625 1,250 1,230 2,200 2,500 (1,000) (1,200) 1,200 2,450 2,530 250 600 115 230 600 Liabilities and Owners' Equity Accounts Payable Notes Payable - Current (9%) Current Liabilities Bonds Owners' Equity Common Stock Paid-in-Capital Retained Earnings Total Owners' Equity Total Liabilities and Owners' Equity 1,300 300 600 700 1,600 2,450 300 600 800 1,700 2,530 Chaz Corp Income Statement 2012 1250 700 550 2013 1450 875 575 30 220 45 200 Sales Cost of goods sold Gross profit Operating expenses Depreciation Net Operating income Interest expense Net inicome before taxes Taxes (40%) Net income 11 250 300 50 250 100 150 245 330 60 270 108 162 Industry Norm 2012 2013 5.00 3.00 90.00 2.20 Liquidity: Current ratio Acid-Test (quick) ratio Average collection period Inventory turnover Operating Profitability: Operating income return on investment Operating profit margin Total asset turnover Average collection period Inventory turnover Fixed asset turnover 15.00% 20.00% 0.75 90.00 2.20 1.00 Financing Debt ratio Times interest earned 33.00% 7.00 Rate of Return on Common Stockholders' Investment Return on common equity 13.43%Step by Step Solution
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