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help help me please i need help solving this question The financial statements for Royale and Cavalier companies are summarized here: Royale Company Cavalier Company

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The financial statements for Royale and Cavalier companies are summarized here: Royale Company Cavalier Company Balance Sheet Cash Accounts Receivable, Net Inventory Equipment, Net Other Assets Total Assets Current Liabilities Notes Payable (long-term) Common Stock (par $20) Additional Paid-In Capital Retained Earnings Total Liabilities and Stockholders' Equity Incone Statement Sales Revenue Cost of Goods Sold Other Expenses Net Income Other Data Per share price at end of year Selected Data from Previous Year Accounts Receivable, Net Notes Payable (long-term) Equipment, Net Inventory Total Stockholders! Equity $ 23,000 53,000 106,000 546,000 138,000 $ 866,000 $ 116,000 186,000 478,000 48,000 38,000 $ 866,000 $ 43,000 14,000 21,000 156,000 44,000 $ 278,000 $ 11,000 51,000 208,800 2,000 6,000 $ 278,000 $ 794,000 478,000 238,000 $ 78,000 $ 274,000 148,000 93.000 $ 33,000 $18.00 $15.00 $ 45,000 186,000 546,000 93,000 564,000 $ 12,000 51,000 156,000 36,000 216,000 These two companies are in the same business and state but different cities. Each company has been in operation for about 10 nonte Ramla Company wants to horrow $73,000 546,000 138,000 $ 866,000 $ 116,000 186,000 475,000 48,000 38,000 $ 566,000 156,000 46,000 $ 270,000 $ 11,000 51,000 205,000 2,000 6,000 $ 278,000 Equipment, Net Other Assets Total Assets Current Liabilities Notes Payable (long-term) Common Stock (par $20) Additional Paid In Capital Retained Earnings Total Liabilities and Stockholders' Equity Income Statement Sales Revenue Cost of Goods Sold Other Expenses Net Incode Other Data Per share price at end of year Selected Data from Previous Year Accounts Receivable, Net flotes Payable (long tern) Equipment, Net Inventory Total Stockholders' Equity $ 794,000 475,000 238,000 5.78,000 $ 274,000 145,000 93,000 $ 33.000 $18.99 $15.00 $ 45,000 186,000 546,000 53,000 $ 12,000 51,000 156,000 36.000 216,000 564,00 These two companies are in the same business and state but different cities. Each company has been in operation for about 10 years Both companies received an unqualified audit opinion on the financial statements Royale Company wants to borrow $73.000 cash and Cavalier Company is asking for $28,000. The loans will be for a two-year period. Both companies estimate bad debts based on an aging analysis, but Cavalier has estimated slightly higher uncollectible rates than Royale. Neither company issued stock in the current year Assume the end-of-year total assets and net equipment balances approximate the year's average and all sales are on account. Required: 1. Calculate the following ratlos. (Use 365 days in a year. Round your intermediate calculations and final answers to 2 decimal places.) uru vuvur vunpurly I aging analysis, but Cavalier has estimated slightly higher uncollec year. Assume the end-of-year total assets and net equipment bala Required: 1. Calculate the following ratios. (Use 365 days in a year. Round y places.) Ratio Royale Company Cavalier Company % % % % % % Tests of Profitability 1. Net Profit Margin 2. Gross Profit Percentage 3. Fixed Asset Turnover 4. Return on Equity 5 Earnings per Share 6. Price/Earnings Ratio Tests of Liquidity 7. Receivables Turnover 7 Days to Collect 8. Inventory Turnover 8. Days to Sell 9. Current Ratio Tests of Solvency 10 Debt-to-Assets The financial statements for Royale and Cavalier companies are summarized here: Royale Company Cavalier Company Balance Sheet Cash Accounts Receivable, Net Inventory Equipment, Net Other Assets Total Assets Current Liabilities Notes Payable (long-term) Common Stock (par $20) Additional Paid-In Capital Retained Earnings Total Liabilities and Stockholders' Equity Incone Statement Sales Revenue Cost of Goods Sold Other Expenses Net Income Other Data Per share price at end of year Selected Data from Previous Year Accounts Receivable, Net Notes Payable (long-term) Equipment, Net Inventory Total Stockholders! Equity $ 23,000 53,000 106,000 546,000 138,000 $ 866,000 $ 116,000 186,000 478,000 48,000 38,000 $ 866,000 $ 43,000 14,000 21,000 156,000 44,000 $ 278,000 $ 11,000 51,000 208,800 2,000 6,000 $ 278,000 $ 794,000 478,000 238,000 $ 78,000 $ 274,000 148,000 93.000 $ 33,000 $18.00 $15.00 $ 45,000 186,000 546,000 93,000 564,000 $ 12,000 51,000 156,000 36,000 216,000 These two companies are in the same business and state but different cities. Each company has been in operation for about 10 nonte Ramla Company wants to horrow $73,000 546,000 138,000 $ 866,000 $ 116,000 186,000 475,000 48,000 38,000 $ 566,000 156,000 46,000 $ 270,000 $ 11,000 51,000 205,000 2,000 6,000 $ 278,000 Equipment, Net Other Assets Total Assets Current Liabilities Notes Payable (long-term) Common Stock (par $20) Additional Paid In Capital Retained Earnings Total Liabilities and Stockholders' Equity Income Statement Sales Revenue Cost of Goods Sold Other Expenses Net Incode Other Data Per share price at end of year Selected Data from Previous Year Accounts Receivable, Net flotes Payable (long tern) Equipment, Net Inventory Total Stockholders' Equity $ 794,000 475,000 238,000 5.78,000 $ 274,000 145,000 93,000 $ 33.000 $18.99 $15.00 $ 45,000 186,000 546,000 53,000 $ 12,000 51,000 156,000 36.000 216,000 564,00 These two companies are in the same business and state but different cities. Each company has been in operation for about 10 years Both companies received an unqualified audit opinion on the financial statements Royale Company wants to borrow $73.000 cash and Cavalier Company is asking for $28,000. The loans will be for a two-year period. Both companies estimate bad debts based on an aging analysis, but Cavalier has estimated slightly higher uncollectible rates than Royale. Neither company issued stock in the current year Assume the end-of-year total assets and net equipment balances approximate the year's average and all sales are on account. Required: 1. Calculate the following ratlos. (Use 365 days in a year. Round your intermediate calculations and final answers to 2 decimal places.) uru vuvur vunpurly I aging analysis, but Cavalier has estimated slightly higher uncollec year. Assume the end-of-year total assets and net equipment bala Required: 1. Calculate the following ratios. (Use 365 days in a year. Round y places.) Ratio Royale Company Cavalier Company % % % % % % Tests of Profitability 1. Net Profit Margin 2. Gross Profit Percentage 3. Fixed Asset Turnover 4. Return on Equity 5 Earnings per Share 6. Price/Earnings Ratio Tests of Liquidity 7. Receivables Turnover 7 Days to Collect 8. Inventory Turnover 8. Days to Sell 9. Current Ratio Tests of Solvency 10 Debt-to-Assets

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