{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T01:23:20-04:00", "answer_date": "2024-06-29 01:23:20", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4437912", "url": "\/study-help\/questions\/exhibit-1-selected-financial-data-numbers-in-thousands-except-for-4437912", "question_creation_date_js": "2024-06-29T01:23:20-04:00", "question_creation_date": "Jun 29, 2024 01:23 AM", "meta_title": "[Solved] EXHIBIT 1 Selected Financial Data (number | SolutionInn", "meta_description": "Answer of - EXHIBIT 1 Selected Financial Data (numbers in thousands, except for the EPS data) 2005* 2004 2003 2002 2001 Net sales | SolutionInn", "meta_keywords": "exhibit,1,selected,financial,data,numbers,thousands,eps,2005*,2004,2003,2002", "question_title_h1": "EXHIBIT 1 Selected Financial Data (numbers in thousands, except for the EPS data) 2005* 2004 2003 2002 2001 Net sales 2,150,600 1,765,206 1,478,443 1,260,657 1,095,133", "question_title": "EXHIBIT 1 Selected Financial Data (numbers in thousands, except for the EPS", "question_title_for_js_snippet": "EXHIBIT 1 Selected Financial Data (numbers in thousands, except for the EPS data) 2005 2004 2003 2002 2001 Net sales 2,150,600 1,765,206 1,478,443 1,260,657 1,095,133 Auto loans generated 801,734 588,430 449,962 395,864 350,953 Bad debt expense 11,071 9,087 4,805 4,097 3,559 Net income 63,443 53,133 44,353 37,694 32,635 Number of shares 50,000 50,000 50,000 50,000 50,000 Earnings per share (EPS) 1 27 1 06 0 89 0 75 0 65 EPS (analysts' consensus estimate) 1 30 1 04 0 86 0 71 0 6 Auto loans receivable (gross) 1,097,143 805,523 509,997 440,180 388,504 Allowance for uncollectible accounts 3,536 3,620 3,655 3,729 3,776 Auto loans receivable (net) 1,093,607 801,903 506,343 436,451 384,728 Inventories 236,610 185,325 153,712 132,405 114,428 Current assets 1,369,241 1,279,172 987,948 852,287 742,148 Current liabilities 711,098 596,285 450,065 395,100 329,1 12 Total liabilities 1,089,342 951,216 724,495 630,279 534,807 Total assets 1,512,974 1,419,725 1,097,720 940,714 822,781 Current ratio 1 93 2 15 2 20 2 16 2 26 Total liabilities Total assets 0 72 0 67 0 66 0 67 0 65 Return on average assets 4 33 4 22 4 35 4 27 4 15 '1' 2005 numbers represent a combination of actual results for the rst nine months, and estimates for the last three months Eective tax rate is 30 percent Auto loans receivable are reported by ADAM as a current asset Current assets consist of cash, auto loans receivable, and inventories", "question_description": "

<\/p>

\"image<\/div><\/div><\/div> EXHIBIT 1 Selected Financial Data (numbers in thousands, except for the EPS data) 2005* 2004 2003 2002 2001 Net sales 2,150,600 1,765,206 1,478,443 1,260,657 1,095,133 Auto loans generated 801,734 588,430 449,962 395,864 350,953 Bad debt expense 11,071 9,087 4,805 4,097 3,559 Net income 63,443 53,133 44,353 37,694 32,635 Number of shares 50,000 50,000 50,000 50,000 50,000 Earnings per share (EPS) 1.27 1.06 0.89 0.75 0.65 EPS (analysts' consensus estimate) 1.30 1.04 0.86 0.71 0.6] Auto loans receivable (gross)** 1,097,143 805,523 509,997 440,180 388,504 Allowance for uncollectible accounts 3,536 3,620 3,655 3,729 3,776 Auto loans receivable (net) 1,093,607 801,903 506,343 436,451 384,728 Inventories 236,610 185,325 153,712 132,405 114,428 Current assets 1,369,241 1,279,172 987,948 852,287 742,148 Current liabilities 711,098 596,285 450,065 395,100 329,1 12 Total liabilities 1,089,342 951,216 724,495 630,279 534,807 Total assets 1,512,974 1,419,725 1,097,720 940,714 822,781 Current ratio 1.93 2.15 2.20 2.16 2.26 Total liabilities! Total assets 0.72 0.67 0.66 0.67 0.65 Return on average assets 4.33% 4.22% 4.35% 4.27% 4.15% '1' 2005 numbers represent a combination of actual results for the rst nine months, and estimates for the last three months. Eective tax rate is 30 percent. ** Auto loans receivable are reported by ADAM as a current asset. Current assets consist of cash, auto loans receivable, and inventories", "transcribed_text": "", "related_book": { "title": "Intermediate Accounting", "isbn": "470964731, 978-0470964736, 978-0470161012", "edition": "9th Canadian Edition, Volume 2", "authors": "Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/516.jpg", "uri": "\/textbooks\/intermediate-accounting-9th-canadian-edition-volume-2-516", "see_more_uri": "" }, "free_related_book": { "isbn": "0525571698", "uri": "\/textbooks\/the-princeton-review-act-advanced-targeted-prep-and-practice-for-the-hardest-act-question-types-1st-edition-9780525571698", "name": "The Princeton Review ACT Advanced Targeted Prep And Practice For The Hardest ACT Question Types", "edition": "1st Edition" }, "question_posted": "2024-06-29 01:23:20", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/revised-design-of-an-air-duct-fig-7b5-a-straight", "description": "Revised design of an air duct (Fig. 7B.5), a straight, horizontal air duct was to be installed in a factory. The duct was supposed to be 4 ft x 4 ft in cross section. Because of an obstruction, the...", "stars": 3 }, { "url": "\/study-help\/theory-of-probability\/teams-1-and-2-are-playing-a-match-the-teams-1984855", "description": "Teams 1 and 2 are playing a match. The teams score points according to independent Poisson processes with respective rates 1 and 2. If the match ends when one of the teams has scored k more points...", "stars": 3 }, { "url": "\/tucker-inc-produces-highquality-suits-and-sport-coats-for-men", "description": "Tucker Inc. produces high-quality suits and sport coats for men. Each suit requires 1.2 hours of cutting time and 0.7 hours of sewing time, uses 6 yards of material, and provides a profit...", "stars": 3 }, { "url": "\/study-help\/questions\/please-use-the-same-format-so-that-it-is-easy-9851603", "description": "Please use the same format so that it is easy to follow Bouwens Corporation manufactures a solvent used in airplane maintenance shops. Bouwens sells the solvent to both U.S. military services and...", "stars": 3 }, { "url": "\/study-help\/questions\/which-debt-repayment-profile-pays-only-interest-throughout-the-loan-5811666", "description": "Which debt repayment profile pays only interest throughout the loan term, and pays off the full principal at the end of the loan term? Review Later Balloon Repayment Amortizing Repayment Bullet...", "stars": 3 }, { "url": "\/study-help\/questions\/analyze-the-external-country-market-elements-of-china-found-in-1005869", "description": "Analyze the external country market elements of China found in the case. List five solid bullets for each aspect: Political, Economic, Social, Technological", "stars": 3 }, { "url": "\/study-help\/questions\/what-are-some-elements-of-your-identity-that-you-feel-1005922", "description": "What are some elements of your identity that you feel are obvious to other people?", "stars": 3 }, { "url": "\/study-help\/questions\/search-for-5-examples-of-cloudbased-hotel-pms-and-explain-1006067", "description": "Search for 5 examples of Cloud-based Hotel PMS and explain its features and benefits.", "stars": 3 }, { "url": "\/study-help\/questions\/productivity-gains-have-fueled-the-expansion-of-american-business-over-1006130", "description": "Productivity gains have fueled the expansion of American business over the last 30 years including through several jobless recoveries. A) What are the only two ways to increase productivity?", "stars": 3 }, { "url": "\/study-help\/questions\/describe-how-control-charts-are-drawn-and-used-to-determine-1007488", "description": "Describe how control charts are drawn and used to determine if a process is out of statistical control. Explain the International Standards for quality documentation. Introduction Developing...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/in-doing-your-audit-you-were-faced-with-various-situations-4437911", "next": "\/study-help\/questions\/the-ferndale-furniture-company-produces-custom-furniture-for-walkin-customers-4437913" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "EXHIBIT 1 Selected Financial Data (numbers in thousands, except for the EPS", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/exhibit-1-selected-financial-data-numbers-in-thousands-except-for-4437912" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } } }