Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

i need help with this please. 6 Problem 13-4A (Algo) Calculating financial statement ratios LO P3 2 Selected current year end financial statements of Cabot

i need help with this please.
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
6 Problem 13-4A (Algo) Calculating financial statement ratios LO P3 2 Selected current year end financial statements of Cabot Corporation flow. As were on crederete behet at December 31 of the prior year were inventory 551900;botes $229,400.com Stock, 590000, and more $26.947) CECTION TI, Aasta ca Hatta Kuwait Hig relvade Merchandise Propea pe LLLLLS 10.000 pl 3.200 Mered we payable 3,600 Tapete 31,150 reyall, by were 2,50 e 5.345.100 Total Wanity 15.10 CAN COPORATION test For Cadet Dec 31 49.600 Cost of good 2010 det 11.10 Operating expense 19.00 Threat expen Tacone before tres 11 to tax expense Net Income 2.53 3.00 Required Compute the following: (1) current ratio (2) acid-test ratio (des sales collected inventory move, day sales inventory (6) debt to equity ratio) times interest earned, oprotit marginal move. (return on toets, and return on equity. (Do not round intermediate calculations.) Next > 69 > Pomy 6/8 Next > Tette There are ta . 4.9 40.156 19.91 12 point Required: Compute the following current ratio. (2 acistest ratio, che sales uncollected. 14 noymore (6) debt-to-equity ratio) times interest earned, profit margin ratio totalmeno on equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Me 1 and 2 2 Reg4 Reqs RA Re Hes Compute the days sales uncollected 11 (a) Numerator Das Unte Denominator Days Daya Sales Das sed om Reg1 and Reg4 Theme before taxe The taxes Net Income 48,150 1 18.753 Book Required: Compute the following: (1) current ratio (2) acid test ratio. (3) days' sales uncoilected.() invertory tumover, desto (6) debt-to-equity ratio, times interest earned, (8) profit margin ratio, (9) total asset turnover. ) return on total de on equity (Do not round Intermediate calculations) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Rod 4 Reg 5 Reg 6 Reg Reg 8 Red a 10 Compute the inventory turnover. 14) Numerator Inventory Tumovat Denominator Inventory Turbo Inventory tumor mes - b w pro Operating Interest w pense The before The tax expense Met Income 2 Sines . 4.90 48,150 19.11 Required: Compute the following: (1) current ratio, (2) acid-test ratio) day sales collected, inventory tumoved (6) debt-to-equity ratio. 7 times interest earned. (B) profit margin ratio, totalmonton on equity. (Do not round intermediate calculations.) forovices Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Req4 Req5 Reg 6 Reg? Regs Regg Reg 10 Compute the days' sales in inventory. 1 (5) Numerator: Days! Sale in ventory Denominator Days - Days' sus inwentory Days Sale in invertory 0 days Genes Interest expense Income before we Income tax expense Net Income 48,150 1.31 28.753 Required: Compute the following: (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected, 14 inventory tumor (6) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio (9) total asset turnover, turn on on equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Req Regs Regio Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Denominator Numerator: - = Debt-to-Equity Ratio ett-to-equity rato 0 to 1 ( Reqs Reg 7 > PEDE Operatings Tateret Theoret Thcome tax expen Met in 4.15 Required: Compute the following current ratio, (2) acid-test ratio, 31 days' sales uncollected into one days (6) debt-to-equity ratio, times interest earned, (a) profit margin ratio, totalt und on equity. Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req Ress Re 10 Compute the times interest earned. Times Interest and Denominator Numerator: 1 Tiramed Times interested asmes 1 99.00 Interest expense Theone before neon tax expense Net me 4,150 2 29,753 Required: Compute the following: (1) current ratio, acid-test ratio. 3 days' sales uncollected. 14 inventory testy (6) debt-to-equity ratio (7) times interest earned. (8) profit margin ratio, 9 totalt over on to on equity. (Do not round Intermediate calculations.) forences Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Regs Reg 6 Reg 7 Reqs Res 10 Compute the profit margin ratio. (8) Profit Margin Radio Denominator: Numerator: Profit margin to Profit margin ratio 1 6 to po Operati Interest one The bota Income taxe Met income 9.600 0.000 48. 150 12 Doints 28,75) Required: Compute the following: (current ratio, (2) acid test ratio) days solis uncollectie. inventory tumove (6) debt-to-equity ratio, times interest earned, (B) profit margin ratio. (total asset tuover, return on on equity. (Do not round intermediate calculations.) eBook References Complete this question by entering your answers in the tabs below Reg 1 and 2 Reg 3 Req4 Regs Rego Rea 7 Regs og Ret 10 Compute the total asset turnover (9) Total Aase Turnove Denominator Numerator Total Ass Turnov Totaltumover Oltimes Operating Interestepense Tacone before Inco x expense Net Income 8.000 43.150 32,753 Required: Compute the following: (1) current ratio, (2) acid test ratio) days sales uncollected invertory umowner (6) debt-to equity ratio. 7 times interest earned. (B) profit margin ratio totale turnover return on to on equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req Req Compute the return on total assets (10) Numerator: Return on Total Assets Denominator Return on Total Ass Rebum on total o pro Operating expens . Intecent expense Toe betetases 40.150 Income expense 19 Not ineon 28.153 Required: Compute the following: (current ratio. 2) acid-test ratio. days uncoche. 16 metary tumore, (6) debt-to-equity ratio, 7) times interest earned. (6) profit margin ratio (9) totaltuoju on equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Regs Req6 Reg Reas Resto Compute the return on equity. (11) Numerator Return on Equity Denominator Return On Equy Return on ou 69 > Pomy 6/8 Next > Tette There are ta . 4.9 40.156 19.91 12 point Required: Compute the following current ratio. (2 acistest ratio, che sales uncollected. 14 noymore (6) debt-to-equity ratio) times interest earned, profit margin ratio totalmeno on equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Me 1 and 2 2 Reg4 Reqs RA Re Hes Compute the days sales uncollected 11 (a) Numerator Das Unte Denominator Days Daya Sales Das sed om Reg1 and Reg4 Theme before taxe The taxes Net Income 48,150 1 18.753 Book Required: Compute the following: (1) current ratio (2) acid test ratio. (3) days' sales uncoilected.() invertory tumover, desto (6) debt-to-equity ratio, times interest earned, (8) profit margin ratio, (9) total asset turnover. ) return on total de on equity (Do not round Intermediate calculations) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Rod 4 Reg 5 Reg 6 Reg Reg 8 Red a 10 Compute the inventory turnover. 14) Numerator Inventory Tumovat Denominator Inventory Turbo Inventory tumor mes - b w pro Operating Interest w pense The before The tax expense Met Income 2 Sines . 4.90 48,150 19.11 Required: Compute the following: (1) current ratio, (2) acid-test ratio) day sales collected, inventory tumoved (6) debt-to-equity ratio. 7 times interest earned. (B) profit margin ratio, totalmonton on equity. (Do not round intermediate calculations.) forovices Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Req4 Req5 Reg 6 Reg? Regs Regg Reg 10 Compute the days' sales in inventory. 1 (5) Numerator: Days! Sale in ventory Denominator Days - Days' sus inwentory Days Sale in invertory 0 days Genes Interest expense Income before we Income tax expense Net Income 48,150 1.31 28.753 Required: Compute the following: (1) current ratio, (2) acid-test ratio. (3) days' sales uncollected, 14 inventory tumor (6) debt-to-equity ratio. (7) times interest earned, (8) profit margin ratio (9) total asset turnover, turn on on equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Reg 4 Reg 5 Reg 6 Req Regs Regio Compute the debt-to-equity ratio. (6) Debt-to-Equity Ratio Denominator Numerator: - = Debt-to-Equity Ratio ett-to-equity rato 0 to 1 ( Reqs Reg 7 > PEDE Operatings Tateret Theoret Thcome tax expen Met in 4.15 Required: Compute the following current ratio, (2) acid-test ratio, 31 days' sales uncollected into one days (6) debt-to-equity ratio, times interest earned, (a) profit margin ratio, totalt und on equity. Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below Req 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req Ress Re 10 Compute the times interest earned. Times Interest and Denominator Numerator: 1 Tiramed Times interested asmes 1 99.00 Interest expense Theone before neon tax expense Net me 4,150 2 29,753 Required: Compute the following: (1) current ratio, acid-test ratio. 3 days' sales uncollected. 14 inventory testy (6) debt-to-equity ratio (7) times interest earned. (8) profit margin ratio, 9 totalt over on to on equity. (Do not round Intermediate calculations.) forences Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Regs Reg 6 Reg 7 Reqs Res 10 Compute the profit margin ratio. (8) Profit Margin Radio Denominator: Numerator: Profit margin to Profit margin ratio 1 6 to po Operati Interest one The bota Income taxe Met income 9.600 0.000 48. 150 12 Doints 28,75) Required: Compute the following: (current ratio, (2) acid test ratio) days solis uncollectie. inventory tumove (6) debt-to-equity ratio, times interest earned, (B) profit margin ratio. (total asset tuover, return on on equity. (Do not round intermediate calculations.) eBook References Complete this question by entering your answers in the tabs below Reg 1 and 2 Reg 3 Req4 Regs Rego Rea 7 Regs og Ret 10 Compute the total asset turnover (9) Total Aase Turnove Denominator Numerator Total Ass Turnov Totaltumover Oltimes Operating Interestepense Tacone before Inco x expense Net Income 8.000 43.150 32,753 Required: Compute the following: (1) current ratio, (2) acid test ratio) days sales uncollected invertory umowner (6) debt-to equity ratio. 7 times interest earned. (B) profit margin ratio totale turnover return on to on equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Reg 5 Reg 6 Req Req Compute the return on total assets (10) Numerator: Return on Total Assets Denominator Return on Total Ass Rebum on total o pro Operating expens . Intecent expense Toe betetases 40.150 Income expense 19 Not ineon 28.153 Required: Compute the following: (current ratio. 2) acid-test ratio. days uncoche. 16 metary tumore, (6) debt-to-equity ratio, 7) times interest earned. (6) profit margin ratio (9) totaltuoju on equity. (Do not round Intermediate calculations.) Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Regs Req6 Reg Reas Resto Compute the return on equity. (11) Numerator Return on Equity Denominator Return On Equy Return on ou

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate Financial Accounting

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

12th edition

1305041399, 1285078586, 978-1-133-9524, 9781133952428, 978-1305041394, 9781285078588, 1-133-95241-0, 978-1133952411

More Books

Students also viewed these Accounting questions

Question

8. How are they different from you? (specifically)

Answered: 1 week ago