Homework: Chapter 14 Homework Save Score: 0 of 1 pt 1 of 9 (0 complete) HW Score: 0%, 0 of 9 pts P14-2 (similar to) Question Help Income statement. Construct the Barron Pizza, Inc. income statement for the year ending 2015 with the following information (the dollar amounts are in thousands of dollars): Shares outstanding: 16,715,000 Tax rate: 37.5% Interest expense: $6,156 Revenue: $889,408 Depreciation: $31,352 Selling, general, and administrative expense: $77,566 Other income: $1,113 Research and development: $4, 185 Cost of goods sold: $750,760 Note: Enter all expenses as negative numbers. (Round the earnings per share to the nearest cent. Also, use a minus sign for numbers to be subtracted.) Income Statement Barron Pizza, Incorporated Year Ending 2015 ($ in thousands, except earnings per share) Gross profit Operating income Choose from any list or enter any number in the input fields and then click Check Answer. ? All parts showing Clear All Check AnswerHomework: Chapter 14 Homework Score: 0 of 1 pt 2 of 9 (0 complete) HW Score: 0%, 0 of P14-3 (similar to) Question Help Balance sheet. Fill in the missing information on the annual balance sheet statements for Barron Pizza, Inc., [- Complete the table below for the assets part of the balance sheet: (Round to the nearest thousand dollars.) Data Table - X Barron Pizza, Inc. Balance Sheet as of December 31, 2012, 2013, and 2014 ($ in thousands) Barron Pizza, Inc. ASSETS 2014 2013 2012 Balance Sheet as of December 31, 2012, 2013, and 2014 Current Assets ($ in thousands) Cash S 6,962 9.358 $ 17.516 ASSETS 2014 2013 2012 LIABILITIES 2014 2013 2012 Accounts receivable 26.623 25,871 Current Assets Current liabilities Inventory 6.345 12.578 Cash 6.982 S 9,356 $ 17.516 Accounts payable S 74,473 $ 66,251 Other current assets 1.800 10.857 Accounts receivable 26,623 S $ 25,871 Short-term debt 134 298 Total current assets 62,400 S 67,318 S 65,063 Inventory 16.346 S 12,578 Total current liabilities 80,800 74,755 Long-term investments 19,002 20.807 Other current assets 11.600 10.857 Long-term debt 81,050 S 184,908 Net plant, property, Total current assets 62,400 $ 57,318 $ 65,063 Other liabilities 28,804 20.112 and equipment $ 203.847 223.428 $ Long-term investments 19.002 20,807 Total liabilities 187,922 243,450 $ Goodwill 48.798 48.198 Net plant, property. OWNERS' EQUITY Other assets 13.183 S 13.843 13.958 and equipment 203,847 $ 223,426 $ Common stock 102,431 $ 102,178 Goodwill 48.798 48,198 Retained earnings 39.286 S 13,680 TOTAL ASSETS $ 347,279 S 365,406 $ 387,407 Other assets 13.183 13.843 $ 13,958 Total owners' equity TOTAL LIABILITIES Print Done Enter any number in the edit fields and then click Check Answer. 1 part remaining Clear All Check AnswerCalculate the current ratio, quick ratio, and cash ratio for Tyler Toys for 2013 and 2014. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? What is the current ratio for 2014? nothing (Round to four decimal places.) What is the current ratio for 2013? nothing (Round to four decimal places.) What is the quick ratio for 2014? nothing (Round to four decimal places.) What is the quick ratio for 2013? nothing (Round to four decimal places.) What is the cash ratio for 2014? nothing (Round to four decimal places.)Homework: Chapter 14 Homework Sa Score: 0 of 1 pt 3 of 9 (0 complete) HW Score: 0%, 0 of P14-9 (similar to) Question Help Financial ratios: Liquidity. The financial statements for Tyler Toys, Inc. are shown in the popup window. . Calculate the current ratio. quick ratio, and cash ratio for Tyler Toys for 2013 and 2014. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? What is the current ratio for 2014? (Round to four decimal places.) Data Table - X Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue 14.147.027 13,567.851 Cost of goods sold -8.447,910 5 -8, 131,965 Selling, general, and administrative expenses -998.352 -981.938 Depreciation S -1.498,068 -1,471.150 EBIT 3.202.697 $ 2.982.791 Interest expense -375,450 5 -354.444 axes -1,074.354 5 -908.772 Net income 1,752,893 5 1,629,575 Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 ASSETS 2014 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash 191,557 $ 186,388 Accounts payable S 1,546,281 5 1,455,480 Enter your answer in the answer box and then click Check Answer. Investments 180,020 $ 120,044 Short-term debt 311,457 5 333,320 Accounts receivable 368,868 $ 630,622 Total current liabilities 1,857,738 5 1,788,800 6 parts remaining Inventory 588, 168 5 583,632 |Long-term liabilities Check AnswerHomework: Chapter 14 Homework Save Score: 0 of 1 pt 3 of 9 (0 complete) HW Score: 0%, 0 of 9 pt P14-9 (similar to) Question Help Financial ratios: Liquidity. The financial statements for Tyler Toys, Inc. are shown in the popup window. . Calculate the current ratio, quick ratio. and cash ratio for Tyler Toys for 2013 and 2014. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? What is the current ratio for 2014? (Round to four decimal places.) Data Table - X Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 ASSETS 2014 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash 191,557 5 186,388 Accounts payable $ 1,546,281 $ 1,455,480 Investments 180,020 S 120,044 Short-term debt 311,457 $ 333,320 Accounts receivable 668,868 S 830,622 Total current liabilities 1,857,738 S 1,788,800 Inventory 588, 168 5 583,632 Long-term liabilities Total current assets 1,628,613 3 1,500,686 Debt S 7,285,748 $ 6,604,682 Long-term assets Other liabilities 1,483,275 $ 1.345,682 Investments 3,054,296 $ 2,828, 171 Total liabilities S 10,606,761 3 9,739,144 Plant, property, and equipment 8,496,590 S 8,481,700 OWNERS' EQUITY Goodwill 348,438 S 346,360 Common stock 1.457,884 $ 1,453,069 Intangible assets 1, 158,537 957,987 Retained earnings 2,621,829 S 2,922,69 Total owners' equity 4,079,713 $ 4,375,760 TOTAL LIABILITIES TOTAL ASSETS S 14,686,474 $ 14,114,904 AND OWNERS' EQUITY 14,686,474 $ 14,114,904 Enter your answer in the answer box and then click Check Answer. Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. 6 parts remaining Check AnswerHomework: Chapter 14 Homework Sa Score: 0 of 1 pt 4 of 9 (0 complete) HW Score: 0%, 0 of P14-10 (similar to) Question Help Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: ]. Calculate the debt ratio, times interest earned ratio, and cash coverage ratio for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for th managers of Tyler Toys or the shareholders? What is the debt ratio for 2014? Data Table - X (Round to four decimal places.) Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 ASSETS 2014 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash 190,285 187.068 Accounts payable S 1,546,226 5 1,455,879 Investments 180,823 S 121,470 Short-term debt 311, 164 3 332,604 Accounts receivable 367,289 5 631,132 Total current liabilities 1,857,390 S 1,788,483 Inventory 588,782 3 563,974 Long-term liabilities Total current assets 1,627,179 $ 1,503,644 0 S 7,285, 101 5 6,603, 160 Long-term assets Other liabilities 1,463,086 S 1,346,676 Investments 3,053,946 | $ 2,827,917 Total liabilities S 10,605,557 $ 9,738,319 Plant, property, and equipment 8,496,849 $ 8,481,546 OWNERS' EQUITY Goodwill 347,203 3 347,534 Common stock 1,457,460 5 1,454,019 Intangible assets 1.157.516/$ 957.861 Retained earnings 2,619,676 5 2,926, 164 Total owners' equity 4,077,136 5 4,380,183 TOTAL LIABILITIES TOTAL ASSETS $ 14,682,693 $ 14,118,502 AND OWNERS' EQUITY S 14,682,693| $ 14,118,502 Enter your answer in the answer box and then click Check Answer. Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. 6 parts remaining Check AnswerHomework: Chapter 14 Homework Score: 0 of 1 pt 4 of 9 (0 complete) HW Score: 0%, 0 of P14-10 (similar to) Question Help Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: ]. Calculate the debt ratio. times interest earned ratio, and cash coverage ratio for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for managers of Tyler Toys or the shareholders? What is the debt ratio for 2014? i Data Table - X (Round to four decimal places.) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue 14.147.394 5 13.567.818 Cost of goods sold -8,447.728 5 -8,131.073 Selling, general, and administrative expenses S -998, 104 5 -980.952 Depreciation -1,498,993 5 -1.472.242 EBIT 3,202.560 $ 2.983.551 Interest expense -375.538 5 -354.372 Taxes -1.074.273 3 880 686- Net income 1,752,760 5 1,630,091 Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 ASSETS 201 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash 190,285 $ 187,068 Accounts payable 1,546,226 $ 1,455,879 nvestments 180.823 121,470 Short-term debt 311, 164 332,604 Enter your answer in the answer box and then click Check Answer. Accounts receivable 687,289 $ 831,132 Total current liabilities 1,857,390 1,788,483 6 parts Inventory 588,782 3 583,974 |Long-term liabilities remaining Check AnswerHomework: Chapter 14 Homework Sav Score: 0 of 1 pt 5 of 9 (0 complete) HW Score: 0%, 0 of 9 P14-11 (similar to) Question Help Financial ratios: Asset management. The financial statements for Tyler Toys, Inc. are shown in the popup window. . Calculate the inventory turnover, days' sales in inventory, receivables turnover, days' sales in receivables, and total asset turnover for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? What is the inventory turnover ratio for 2014? i Data Table - X (Round to four decimal places.) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue 14,146,276 5 13,567.720 Cost of goods sold $ -8,447.583 $ -8,131,502 Selling, general, and administrative expenses -997. 125 5 -980,402 Depreciation -1.498.382 5 -1,472,616 EBIT 3,203, 186 5 2.983.200 Interest expense -376,802 5 -354,308 Taxes -1,074.026 998,979 Net income 1,752,358 1,629,913 Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 ASSETS 2014 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash 190,681 186,040 Accounts payable 1,546,591 $ 1,456,297 Enter your answer in the answer box and then click Check Answer. Investments 180.898 120,359 Short-term debt 311.448 3 332,674 Accounts receivable 668,8269 630,286 Total current liabilities 1,858,039 5 1,788,971 10 parts Inventory 588,870 584,285] Long-term liabilities remaining Check AnswerHomework: Chapter 14 Homework Sa Score: 0 of 1 pt 5 of 9 (0 complete) HW Score: 0%, 0 of P14-11 (similar to) Question Help Financial ratios: Asset management. The financial statements for Tyler Toys, Inc. are shown in the popup window. [:. Calculate the inventory turnover, days' sales in inventory, receivables turnover, days' sales in receivables, and total asset turnover for 2013 and 2014 for Tyler Toys. Should any of the ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? What is the inventory turnover ratio for 2014? Data Table - X (Round to four decimal places.) Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 ASSETS 2014 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash 190,681 $ 186,040 Accounts payable 1,546,591 $ 1,456,297 Investments 180,898 S 120,359 Short-term debt 311,448 S 332,674 Accounts receivable 868,826 5 630,286 Total current liabilities 1,858,039 $ 1,788,971 Inventory 588.870 $ 564,285 Long-term liabilities Total current assets 1,629,275 $ 1,500,970 Debt 7.285,329 $ 6,603.218 Long-term assets Other liabilities 1,463, 187 $ 1,345,089 Investments 3,053,950 $ 2,827,226 Total liabilities S 10,606,555 $ 9,737,278 Plant, property, and equipment 8,496.840 $ 8,480,070 OWNERS' EQUITY Goodwill 348,399 5 347.519 Common stock 1,458,553 $ 1.454,255 Intangible assets 1, 158,605 $ 957,508 Retained earnings 2,621,961 2,921,760 Total owners' equity 4,080,514 4,376,015 TOTAL LIABILITIES TOTAL ASSETS $ 14,687,069 $ 14,113,293 AND OWNERS' EQUITY $ 14,687,069 $ 14,113,293 Enter your answer in the answer box and then click Check Answer. Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. 10 parts remaining Check AnswerHomework: Chapter 14 Homework Save Score: 0 of 1 pt 6 of 9 (0 complete) HW Score: 0%, 0 of 9 p P14-12 (similar to) Question Help Financial ratios: Profitability. The financial statements for Tyler Toys, Inc. are shown in the popup window. . Calculate the profit margin, return on assets, and return on equity for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? What is the profit margin for 2014? % (Round to two decimal places.) i Data Table - X Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue 14.146,601 5 13,568,268 Cost of goods sold -8.447.728 5 -8. 131.674 Selling, general, and administrative expenses -997.815 $ -981.550 Depreciation -1,497.322 5 -1,471,970 EBIT 3.203.738 5 2.981.063 Interest expense -375.619 5 -355,809 Taxes -1.074.684 -997.597 Net income S 1,753,433 5 1,627,657 Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 ASSETS 2014 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash 191,013 5 186,610 Accounts payable S 1,546,444 5 1,456,304 nvestments 181,737 $ 121,413 Short-term debt 312,680 s 333,674 Enter your answer in the answer box and then click Check Answer. Accounts receivable 668,918 $ 630,399 Total current liabilities 1,859, 104 5 1,789,978 6 parts Inventory 587,945 s 563,576 Long-term liabilities remaining Check AnswerHomework: Chapter 14 Homework Save Score: 0 of 1 pt 6 of 9 (0 complete) HW Score: 0%, 0 of 9 p P14-12 (similar to) Question Help Financial ratios: Profitability. The financial statements for Tyler Toys, Inc. are shown in the popup window. ]. Calculate the profit margin, return on assets, and return on equity for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? What is the profit margin for 2014? % (Round to two decimal places.) Data Table - X Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste it's contents into a spreadsheet. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 ASSETS 2014 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash 191,013 $ 186,610 Accounts payable 1,546,444 5 1,456,304 Investments 181,737 $ 121,413 Short-term debt 312,680 5 333,674 Accounts receivable 668,918 5 630,399 Total current liabilities 1,859, 104 5 1,789,978 Inventory 587,945 S 563,578 Long-term liabilities Total current assets 1,629,613 $ 1,501,998 Debt 7,286,946 S 6,603,518 Long-term assets Other liabilities 1,462,659 1,346,137 Investments S 3,054,720 $ 2,827,938 Total liabilities 10,608,709 5 9,739,633 Plant, property, and equipment 8,496,507 $ 8,481,087 OWNERS' EQUITY Goodwill 347.226 $ 348,373 Common stock 1,457.884 $ 1,454,534 Intangible assets 1,157,865 $ 957,363 Retained earnings 2,619,338 S 2,920,582 Total owners' equity 4,077,222 5 4,375,126 TOTAL LIABILITIES TOTAL ASSETS $ 14,685,931 $ 14,114,759 AND OWNERS' EQUITY S 14,685,931 5 14,114,759 Enter your answer in the answer box and then click Check Answer. Right-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. 6 parts remaining Check