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need help with the blank slots please! Mastery Problems Financial Statement Analysis Liquidity and Solvency Measures Your friend, another accountant, hos bet you that with

need help with the blank slots please!
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Mastery Problems Financial Statement Analysis Liquidity and Solvency Measures Your friend, another accountant, hos bet you that with your knowledge of accounting and just the computations for common analytical measures, you can figure out many aspects of a company's financi statements. You take the bet Match each computation to one of the city and solvency measures in the table. (Mint Begin by looking for simple computations and identifying the amounts in those computations. Look for other measures that those amounts) Liquidity and Solvency Measures Computations working capita 22,092.000.000.000 Current ratio 11.091.000 11:50.000 Quick ratio 41 H-6,000 41 440,000 Accounts recevable turnover 260.000 14.000 + 5740.000 Number of days' sales in recevables 16214.000 140.000.00.0003365 Inventory turnover 14. 109,000 2,072,000+.51.100.000) = 21 Number of days inventory LAS,072.000 300.000 100.000236) Rate of Bedste long term labilities 4600.000.000.000 Ratio of saties te holders' equity 12.570,000 1,012.000 Tune interent earned 1926.000 27000 27000 Balance Sheet Use the following balance sheet form to enter amounts you identity from the computations on the Liquidity and Solvency Measures part. You wil identity other mounts for the balance sheet on the Profitability Meatures part. If you have a choice of two amounts, assume the first amount in the ratio is for the end of the year. Compute any missing amounts, Balance Sheet December 31, 2016 Assets Current assets: Cash $325,000 Marketable securities 329,000 Accounts receivable (net) 714,000 Inventory 1,072,000 Prepaid expenses x X 824,000 2.690,000 Total current assets Long-term investments Property, plant, and equipment (net) Total assets Liabilities Current Long-term bites Totales Stockholders' Equity 1,690,000 Current assets: Cash $823,000 Marketable securities 329,000 Accounts receivable (net) 714,000 Inventory 1,072,000 Prepaid expenses Total current assets $ Long-term investments 824,000 Property, plant, and equipment (net) 2,690,000 Total assets Liabilities Current liabilities $ Long-term liabilities 1,690,000 Total liabilities Stockholders' Equity Preferred stock, $10 par 487,500 Common stock, $5 par 1,250,000 Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ ofitability Measures otch each computation to one of the profitability measures in the table. Profitability Measures Computations eset turnover 58.260.000 105.783.000 + $5.593,000) + 21 . eturn on total assets {$791,340 5127.000 (56.607.000256,417.000 21 turn on stockholders' equity 991,240(($4,047.000 + 3.835,15021 turn on common stockholders' equity (701,340 - $65,000 12.549,500 +39,4072021 rings per share on common stock (5791.140 - 565,000 250.000 shares ce-earnings ratio $3525.05 widends per share $175,000+ 250,000 shares widend yield $0.7035 Comparative Income statement Use the following comparative Income statement form to enter amounts you identify from the computations on the liquidity and Solvency Measures part and on the Profitability Measures part. Computery amounts and complete the horizontal analyses columns. Enter percentages as decimal amounts, rounded to one domallace When rounding, look only at the figure to the right of one decimal.IT down and ir 2 5. round up. For example, for 32.048% enter 32.04. For 32.058 enter 32.1% Comparative Income Statement For the Years Ended December 31, 2016 and 2015 Increase/(Decrease) 2046 2015 Amount Percentage Sales $7,267,000 Cost of goods sold (3,444,000) Gross pro (1.299,000) Selling expenses Administrative expen Total operating expenses Operating income Our experts were Income before income tax expense 53,823,000 11,453,200) (1.103,000) 12.5.2007 $1,200,000 (120,000) $1,146,200 Income tax expense (179,460) 3966,740 Not income

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