Answered step by step
Verified Expert Solution
Question
1 Approved Answer
J22 : fir F G H B D 12/31/2018 12/31/2017 12/31/2016 12/31/2015 ha 1 2 Current Assets 3 Cash And Cash Equivalents 4 Short Term
J22 : fir F G H B D 12/31/2018 12/31/2017 12/31/2016 12/31/2015 ha 1 2 Current Assets 3 Cash And Cash Equivalents 4 Short Term Investments 5 Net Receivables 6 Inventory 7 Other Current Assets 8 Total Current Assets 8,719,000 10,607,000 9,157,000 9,095,000 270,000 8,897,000 6,966,000 2,912,000 7,140,000 7,021,000 6,693,000 6,436,000 3,126,000 2,944,000 2,722,000 2,719,000 2,042,000 43,000 31,000 730,000 21,297,000 29,512,000 25,569,000 21,892,000 10 Long Term Investments 2,407,000 2,039,000 1,949,000 2,310,000 11 Property Plant and Equipment 17,587,000 17,237,000 16,590,000 16,316,000 12 Goodwill 14,806,000 14,741,000 14,429,000 14,176,000 13 Intangible Assets 15,823,000 13,835,000 13,432,000 13,080,000 14 Other Assets 5,122,000 910,000 635,000 749,000 15 Total Assets 77,042,000 78,274,000 72,604,000 68,523,000 16 17 Current Liabilities 18 Accounts Payable 7,211,000 6,724,000 6,157,000 5,545,000 19 Short/Current Long Term Debt 3,951,000 4,017,000 4,400,000 3,108,000 20 Other Current Liabilities 6,601,000 4,112,000 3,870,000 3,882,000 21 Total Current Liabilities 17,763,000 14,853,000 14,427,000 12,535,000 23 Long Term Debt 28,293,000 33,793,000 30,052,000 29,591,000 Balance Sheet Income Statement Projects + nr D11 fx F G B C E 12/31/2018 12/31/2017 12/31/2016 12/31/2015 1 51,728,000 57,902,000 56,519,100 56,488,000 23,502,000 25,340,000 25,399,800 25,283,000 28,226,000 32,562,000 31,119,300 31,205,000 2 Revenue 3 Total Revenue 4 Cost of Revenue 5 Gross Profit 6 7 Operating Expenses 8 Selling General and Administrative 9 Operating Income or Loss 10 11 Income from Continuing Operations 12 Other Income/Expenses Net 13 Interest Expense 14 Income Before Tax 19,184,000 20,706,000 21,225,600 20,736,000 9,042,000 11,856,000 9,893,700 10,469,000 -1,148,000 1,220,000 6,674,000 -1,507,000 1,288,000 9,061,000 -1,508,400 1,207,800 7,177,500 -2,256,000 853,000 7,360,000 15 16 Income Tax Expense 17 Net Income 2,696,000 3,978,000 4,130,000 4,931,000 1,956,600 5,220,900 1,708,000 5,652,000 18 19 Balance Sheet Income Statement Projects + e 07 O FEE FFF W X, X A. LA 1 Normal 1 No Spac.. Heading 1 Heading Font Paragraph F Styles Attached are the financial statements for Smith Company, Inc. Use the financial statements to calculate the attached ratios. Write a couple sentences interpreting the ratio. Calculate and interpret the following debt ratios: debt ratio, debt-equity ratio, and times interest earned. Calculate and interpret the following profitability ratios: operating profit margin, net profit margin, return on assets, and return on equity
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started