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please answer all parts requirments attached, thanks Mortgage note payable, current portion 1. Show how each relevant item would be reported on the Arroya Foods

please answer all parts requirments attached, thanks
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Mortgage note payable, current portion 1. Show how each relevant item would be reported on the Arroya Foods classified balance sheet. Include headings and totals for current liabilities and long-term liabilities. 2. Answer the following questions about Arroya Food's financial position at December 31 . 2018 a. What is the carrying amount of the bonds payable (combine the current and long-term. amounts)? b. Why is the interest-payable amount so much less than the amount of interest expense? 3. How many times did Arroya Foods cover its interest expense during 2018? 4. Assume that all of the existing liabilities are included in the information provided Calculate the leverage ratio and debt ratio of the company. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this problem. Evaluate the health of the company from a leverage point of view. Assume the company only has common stock issued and outstanding. What other information would be helpful in making your evaluation? 5. Independent of your answer to (4), assume that Footnote 8 of the fijbancial statements includes commitments for long-term operating leases over the next 15 years in the amount of $3,100,000. If the company had to capitalize these leases in 2018 , how would it change the leverage ratio and the debt ratio? How would this impact your assessment of the company's health from a leverage point of view? The accounting records of Arroya Foods, Inc, include the following items at December 31, 2018 (Click the icon to view the accounting records.) Read the requirements: Select the labels and then enter the amounts to complete the classified balance sheet You will need to determine the total current assets value from the information provided and your calculations (Abbreviations used liab = liabilities, NP = notes payable, and pay = payable.) Requirement 2. Answer the following questions about Arroya Food's financial position at December 31,2018 a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? \$ b. Why is the interest payable amount so much less than the amount of interest expense? Requirement 3. How many times did Arroya Foods cover its interest expense during 2018 ? (Round your answer to two decimal places.) Arroya covered its interest expense times. Requirement 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this problem. Evaluate the health of the company from a leverage point of view. Assume the company only has common stock issued and outstanding. What other information would be helpful in making your evaluation? Begin by computing the leverage ratio. Select the formula for the leverage ratio. Then complete the formula and calculate the leverage ratio (Round your answer to two decimal places) = Leverage ratio ]= Now, select the formula for the debt ratio. Then complete the formula and calculate the debt ratio (Round your answer to two decimal places.) Debt ratio Evaluate the health of the company from a leverage point of view. What other information would be helpful in making your evaluation? (Round the ratio to two decimal places.) to be risk from a leverage point of view. would also be helpful Requirement 5. Independent of your answer to (4), assume that Footnote 8 of the financial statements includes commitments for operating leases over the next 15 years in the amount of $3,100,000. If the company had to capitalize these leases in 2018, how would it change the leverage ratio and the debt ratio? How would this impact your assessment of the company's health from a leverage point of view? Select the formula and compute the leverage ratio assuming that the company had to capitalize leases amounting to $3,100,000. (Round your answer to two decimal places) Select the formula and compute the debt ratio assuming that the company had to capitalize leases amounting to $3,100,000. (Round your answer to two decimal places.) 111 How would this change impact your assessment of the company's health from a leverage point of view? The leverage ratio and debt ratio would The company would from a leverage point of view

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