Mylab & Mastering Assignments Chapter 4 Homework Principles of Financial Mgmt. (52) Principles of Financial Mgmt. (52) rouda Aldhaheria Question 1, P4-1 (similar HW Score: 4%, 1 of 25 points = Homework: Chapter 4 Homework Save Part 1 of 2 O Points: 0 of 10 (Preparing common site financial statements) As the newest hire to the financial analysis group at Patterson Printing Company, you have been asked to perform a basis financial analysis of the company's most recem financial statements. The 2016 balance sheet and income statement for the Patterson we shown here: Aher discussing your training asignment with a follow analyst who was hired last year, you learn that the first step in your completing the assignment is to prepare a common se balance sheet for Paterson b. The second step is to prepare a common se income statement for the fim 500 17.10 Common-Size Balance Sheet 2016 $ 490 1.42% Cash and marketable securities Accounts receivable 5,980 17.18 Inventory 9,520 28.78 $ Total current assets 15,990 44.48 % 16,980 51.52 Net property, plant, and equipment 32,970 100.00 $ Total assets % $ Accounts payable 22.82% 7,250 6,850 20.61 Short-term debt $ Total current liabilities 14,100 42,50 % 7,050 21.30 Long-term liabilities Total liabilities $ 21,150 64.64 % 11,820 33.36 Total common stockholders' equity 32,970 100.00 % Total liabilities and shareholders' equity Patterson Printing Company Balance Sheet, December 31, 2016 Cash and marketable securities Accounts receivable Inventory Total current assets Net property, plant, and equipment Total assets Accounts payable Short-term debt Total current liabilities Long-term liabilities Total liabilities Total common stockholders' equity Total liabilities and stockholders' equity $490 5,980 9,520 $15,990 16,980 $32,970 $7,250 6,850 $14,100 7,050 $21,150 11,820 $32,970 Raudia Arar Sultan My UAEU Courses Organizations Content Collection Services Mgmt. (52) Mylab & Mastering Assignments Chapter 4 Homework Mgmt. (52) roue Shapter 4 Homewn Destion 1.PA-1 similar HW Seara el 25 points Data Table inancial statements) Ast 16 balance sheet and incor si face recoma Consorate ning asignment with a follow apare a common size incom UUS HOW TO Sce Sheet ble securities ble Total abilities and stock $32.970 (Click on the north to copy.com Patterson Printing Company Income Statement for the Year Ended December 31, 2016 Revenues $29.00 Cost of goods sold 1900 Gross profit 516010 Operating expenses 40 Net operating income Interest expense 000 Earnings before takes Income taxes Net Income (Click on the room int, and count ble 4 ties Done Check Carl This View an Example . A 7 V ci $ 4 6 O 5 E 3 3 F Y 2 T 20 E K W HTJ G F 0 S ! M B IN
