Question
I need new and unique answers, please. (Use your own words, don't copy and paste) , Please Use your keyboard (Don't use handwriting) Thank you..
I need new and unique answers, please. (Use your own words, don't copy and paste), Please Use your keyboard (Don't use handwriting) Thank you..
***Just choose the correct answer without explain
51- The Problems with Financial Statement Analysis: (..).
A) Difficult to make accurate estimates of sales.
B) Ignorance of users.
C) All of the above
52- The financial statements are used by investors, market analysts and creditors to assess the financial health of the company and its potential profits by: (..).
A) The balance sheet.
B) Income statement.
C- Statement of cash flows.
D) All of the above
53- External financial reporting includes financial statements, financial summaries, and related. This information is typically used by: (..).
A) Creditors.
B) Lenders.
C) Investors.
D) All of the above
54- A firm has sales of $22,400, net income of $3,600, net fixed assets of $18,700, inventory of$2,800, and total current assets of $6,300. What is the common-size statement value of inventory?.
A. 10.07%
B. 13.67%
C. 11.20%
D. 12.50%.
E. 9.84%
55- A firm has sales of $38,900, net income of $2,400, total assets of $43,100, and total equity of$24,700. Interest expense is $830. What is the common-size statement value of the interest expense?
A. 2.13%
B. 3.08%
C. 1.93%
D. 2.49%
E. 3.46%
56- Jessica's Boutique has cash of $218, accounts receivable of $457, accounts payable of $398, and inventory of $647. What is the value of the quick ratio?
A. .55
B. 1.05
C. 1.70
D. 1.32
E. 1.52
57- Brownings has a debt-equity ratio of .47. What is the equity multiplier?
A. 1.47
B. .53
C. 2.13
D. 1.13
E. 1.53
58- Cado Industries has total debt of $6,800 and a debt-equity ratio of .36. What is the value of the total assets?
A. $18,889
B. $24,480
C. $23,520
D. $25,689
E. $25,360
59- Wybros Markets has sales of $684,000, costs of $437,000, interest paid of $13,800, total assets of $712,000, and depreciation of $109,400. The tax rate is 35 percent and the equity multiplier is 1.6. What is the return on equity?
A. 11.30%
B. 13.92%
C. 7.06%
D. 15.48%
E. 18.08%
60- Rosita's Resources paid $11,310 in interest and $16,500 in dividends last year. The times interest earned ratio is 2.9, the depreciation expense is $7,900, and the tax rate is 35 percent. What is the value of the cash coverage ratio?
A. 3.71
B.2.58
C. 3.60
D. 2.78
E. 3.10
61- Discount Mart has $876,400 in sales. The profit margin is 3.8 percent. There are 32,500 shares of stock outstanding. The market price per share is $21.60. What is the price-earnings ratio?
A. 23.40
B. 22.60
C. 19.21
D. 21.08
E. 18.47
62- Samuelson's has sales of $317,000, a profit margin of 8.6 percent, an equity multiplier of 1.8, and total debt of $144,400. What is the return on equity?
A. 15.48%
B. 14.46%
C. 7.05%
D. 15.10%
E. 11.25%
63- A firm has a return on equity of 16.2 percent, a debt-equity ratio of 44 percent, a capital intensity ratio of 1.08, a current ratio of 1.25, and current assets of $138,000. What is the profit margin?
A. 12.15%
B. 9.72%
C. 7.48%
D. 15.19%
E. 13.69%
64- What is the current ratio for 2015?
A. 1.95
B. .95
C. 2.06
D. 1.98
E. .98
65- What are the days' sales in inventory for 2015? (Use ending inventory)
A. 61.84 days
B. 62.79 days
C. 67.51 days
D. 42.97 days
E. 40.08 days.
66- What is the equity multiplier for 2015?
A. 1.48
B. 1.28
C. 1.66
D. 2.13
E. 2.99
67- What is the cash coverage ratio for 2015?
A. 11.06
B. 6.02
C. 13.79
D. 14.89
E. 8.78
68- What are the values of the three components of the DuPont identity for 2015?
A. 7.91%; 1.0248; 1.4806
B. 8.57%; 1.0248; .6754
C. 7.91%; .9758; 1.4806
D. 11.43%; .9758; .6754
E. 11.43%; 1.0248; 1.4806
69- Deep Falls Timber stock sold for $6.50 a share as of 2015. What was the price-earnings ratio at that time?
A. 17.12
B. 29.94
C. 12.82
D. 28.15
E. 19.64
70- Deep Falls Timber stock sold for $6.50 a share as of 2015. What was the price-earnings ratio at that time?
A. 17.12
B. 29.94
C. 12.82
D. 28.15
E. 19.64
Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000 Deep Falls Timber 2015 Income Statement $642.100 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net income Dividends 409,800 138,400 $ 93,900 15,600 $ 78,300 27,500 $ 50,800 $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2014 Cash Accounts receivable 2015 $ 32,300 50,700 70,500 $ 46,900 58,300 75,800 2015 $ 58,900 20,000 134,700 2014 | $ 61,200 30,000 164,500 Inventory ory Accounts payable Notes payable Long-term debt Common stock and paid-in surplus ($1 par value) Retained earings Total liabilities & owners' equity Net fixed assets 504,500 461,000 wue) 220,000 224,400 200,000 186,300 Total assets $658,000 $642,000 $658,000 $642,000Step by Step Solution
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