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please answer all parts for a like 5 Required information The following information applies to the questions displayed below) Per tot Simon Company's year-end balance

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5 Required information The following information applies to the questions displayed below) Per tot Simon Company's year-end balance sheets follow Our 076 De $ 30,954 89,600 113,000 31.10 1 go? Yr Age 10,391 40.036 63.700 $1,000 35.000 54.000 10.603 4,532 206,293 201122 44,905 5.408,410 IST.184 At Decent 33 Anus Cash Accounts receivable et Merchandise Prepaid expenses Plantassen L Total asset Libilities and MILY Accounts payable Long-termes payable secured by more on plant annet Conto, 110 per valve Retsid ning Total liabilities and ty $16.01 585,326 35.48 310.114 167,500 om 116,124 3.160 162,500 162,500 131,00 96,392 3496.906 $404.400 36,184 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit: For Yearded De Cuent Te TO #146,6 19,033 Coorde old 455,00 303,891 Other persiapanese 231, 109,00 Interest expense 12.69 13, to tax expense Total code 10.11 550 wat in $ 19.12 # 34,754 Tarime there # 2.30 2.14 11-a) Compute day sales uncollected (1.b) For each ratio determine if improved or worsened in the current year Complete this question by entering your answers in the tabs below 5 Lo notes payante secured by mortgages on plantas Connon stock, 310 par value Retained earning Total abilities and equity 110.106 162.500 155, 747 1574,104 116,124 91,160 162,500 162,500 131.035 15,292 $ 194,916 404,400 Part 4 The company's income statements for the Current Year and 1 Year Ago follow. Assume that all sales are on credit: 0.75 DOM Curre Y 5746,439 3455,320 31,396 12,689 Yor Year Ended becer 31 Sle Cost of goods sola Other operating expenses Internet expand Toon top Total expenses Net Le Earnings per share 1 YEMO $589,033 $382,071 149,035 1), 540 8,935 556,270 $36,754 14 TOD, 11 337,332 2.30 11-a) Compute days' sales un collected (1.b) For each ratio, determine if it improved or worsened in the current year. Mences Complete this question by entering your answers in the tabs below. Required 1 red 10 Compute days soles uncollected Choose Nurter Accounts receivables, et Days Uncolletes Choose Denominator Natal Days - Day Sales Uncollected Days Sales Uncollected Current Yr. 1 Yr Ago days oldays 2 Required 10 > 6 Part 2 Required information The following information applies to the questions displayed below) Simon Company's year-end balance sheets Follow Current Ye Ye Ago 2 Yrs Ago 0.76 po 34.594 09.00 113,000 11,120 125.902 $574,184 $ 40,391 40,036 62.700 $1,800 35,000 54,000 10.603 4.537 206292 253,222 $ 494,906 $404,400 . 0 Auste Canh Accounts receivable, bet Merchandise inventory Prepaid expenses plant annet, et Total area Liabilities and Equity Accounts payable Long-teen notes payable secured by worlagen en plantas Con stock, 010 par valon Batailed sarings Total liabilities and equity 5145,831 #85.326 54,418 110.106 162.500 155, 242 $574.14 116,124 91,140 162,500 162.500 121.036 95 292 $494.986 5401,400 Print .. Welce The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on Credit For your des Current Te +746,439 Cont of yoda sola #455,320 38,71 Other operating expanded 231.106 149,025 Interested 12.689 3), Income tax expesa Total cost and expenses 709, 111 Set income $ 39,322 # 34,754 Karine per where 2.30 . 2.14 (2-a) Compute accounts receivable turnover (2.b) For each ratio, determinerit improved or worsened in the current year Complete this question by entering your answers in the tabs below. 6 LOG-Antes payante ocure by mortgages on plant asset Common stock, 310 par value neted nami Total Ilabilities and equity 110,106 162,500 159.747 5574.184 116,124 91.169 162,500 162,505 191,034 96.222 $ 49,986 5460,400 Part 2 of The company's income statements for the Current Year and 1 Year Ago follow. Assume that a sales are on Credit 0.70 po Ae Por Year thead December 31 Sales Coat of good old Other operating experace Interest expense Income tax expanse Tonal costs and expenses Nee Snean tante per share current #746,439 $455,328 23136 12.619 3704 709,112 137.33 6302,91 149,021 13.54 090 $ 14,754 . 2.30 1 2.16 P (2-a) Compute accounts receivable turnover (2-6) For each ratio, determine if it improved or worsened in the current year Complete this question by entering your answers in the tabe below. Requred 2A Required 20 Compute accounts receivable turnover. Account Receive Tenge Choose Denominator Choose Numero Current 1 YA Accounts Recable Turnover Accounts receive over O times ame 1 Required 28 > 7. Part 24 Required information The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow. 0.70 points A December Aste Cash Accounts receivable.net Merchandise Inventory Prepaid expand Planta, Total assets Liabilities and quity Mots payable tong-term nee payable soured by mortgages on plant asset CON ok. 110 par value Retained warning Votal liabilities and it Current Te Te MO2. Mo 30.550 48,3 40,836 09.400 63.700 51.100 113,000 35,000 54,00 11,128 10,603 4,5) 02.01 298,22222222 3574,114 $494,96 404,400 $10,01 85,34 54.440 110,100 142,500 195.267 3570,114 116,124 91.150 163,500 16,500 131.0 490,986 604,400 Hace The company Income statements for the Current Year and 1 Year Ago fotow. Assume that all sales are on credit Turned Bech Ceres Sale 100 6,439 509.033 Coat of yodesla 455,320 383,11 Other sperating ex 231,396 10,025 The expens 18.60) 13,50 Income tax expense 9,704 Total cats and expenses 309,1 Hot in 37.322 # 34.754 FOX por share 2.30 # 2.14 (3-a) Compute inventory turnover. (3-b) For each ratio, determine if it improved or worsened in the current year Complete this question by entering your answers in the tabs below. Saved mework (graded) $574,184 $ 494,986 $ 404,400 Total Habilities and equity The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit: For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Current Yr $ 746,439 $ 455,328 231, 396 12,689 9,704 709,117 $ 37,322 1 Yr Ago $ 589,033 $ 382,871 149,025 13,548 8,835 554,279 $ 34, 754 $ 2.14 $ 2.30 Earnings per share (3-a) Compute inventory turnover. (3-b) For each ratio, determine if it improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Es Required 3A Required 3B Compute inventory turnover. Inventory Turnover Choose Denominator: Choose Numerator: Inventory Turnover Inventory turnover Current Yr: 0 times o times 1 Yr Ago: Required a Required 3B > 8 Part 464 0.76 pois Required information The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow At December 31 Current TE IT Ago 2 Yes Ago Assets Cash $ 34,554 $ 40,191 B 40,036 Accounts receivable, not 19.600 42.700 51.000 Merchandise inventory 113,000 85,000 50.000 Drepaid expenses 11,120 10.603 4,532 plant andet, bet 325,902 246,292 253,227 TOER astete 0574,104 5494,386 408,400 Liabilities and quity Accounts payable $145,431 305,326 50.44 Long-term tot payable soured by mortgages on plant an 110,106 116,124 91,160 Canon So, 010 PAR VAIN 142,500 162,500 162,500 Retained earning 155.247 131,036 06222 Total liabilis and equity $574,104 $ 494,96 5 404,400 Hind The company's income statements for the current Year and 1 Year Ago follow. Assume that all sales are on credit Yoe Year Ended December 31 Current 1 YA Satos #746,65 $589,033 Cost of goods sold $ 455,328 # 382,071 Other operatie 23,336 349,025 Interest expense 13.689 13,540 Income tax expen 3.704 0.035 Total costs and expenses Yo9.111 554.279 Net Income 537.322 124.754 Harnings per share 2100 2.14 (4-a) Compute days' sales in inventory (4-6) For each ratio, determine if it improved or worsened in the current yeat Complete this question by entering your answers in the tabs below. 8 Long-ter notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 110,106 162,500 155, 747 $574,184 116,124 91,160 162,500 162,500 131,036 96,292 $ 494,986 $ 404,400 - 4 of 4 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit: 6 Ants Yor Year Ended December 31 Sales cont of goods sold Other operating expenses Interest expense Income tax expense Total conta and expenses Net Income Tarnings per share Current Yr 5 746, 439 $ 455,328 231,396 12,689 9,704 709,117 $ 37,322 1 Yr Ago $589,033 $ 382,871 149,025 13,540 8,935 554,279 $ 34,754 BOOK 5 2.30 $ 2.14 Hin Print (4-a) Compute days' sales in inventory. (4-6) For each ratio, determine if it improved or worsened in the current year. References Complete this question by entering your answers in the tabs below. Required 4A Required 40 Compute days' sales in inventory. Days' Sales In Inventory Choose Numerator Choose Denominator Day Days' Sales In Inventory Days' sales in inventory o days o days X Current Yn 1 Ye Age: 1 1 HINA Required 40>

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