Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please show work if possible 1B. For each of the items listed below indicate on which of the major statements they would be found (1,2,3,

Please show work if possible

image text in transcribed

image text in transcribed

1B. For each of the items listed below indicate on which of the major statements they would be found (1,2,3, or 4) and the amount shown on the statements above: 1. Eamings before taxes for 2019 is 2. Gross plant and equipment for 2019 3. Increase in fixed assets, December 31, 2019 ; $ 4. Net sales for 2019 ;$ 5. Balance of retained earnings, December 31,2019;9 6. Common stock and paid-in surplus for 2018$ 7. Net cash flow from investing activities, December 31, 2019 8. Increase in inventory, December 31, 2019 ; $ 9. Accrued wages and taxes for 2018; 10. Book value per share (BVPS) for 2019 ;9 2. You'll need to compare your company's ratios with the industry's standards. A. Use the information found in Woridwide Widget Manufacturing's financial statements to calculate all of the listed financial ratios in the above table for your company. Then, for each ratio, provide a comparison of the company's result with the industry standards, indicating if your company's results are lower than, higher than, slower than, or faster than the industry standards. B. Calculate your company's internal and sustainable growth rates. 1B. For each of the items listed below indicate on which of the major statements they would be found (1,2,3, or 4) and the amount shown on the statements above: 1. Eamings before taxes for 2019 is 2. Gross plant and equipment for 2019 3. Increase in fixed assets, December 31, 2019 ; $ 4. Net sales for 2019 ;$ 5. Balance of retained earnings, December 31,2019;9 6. Common stock and paid-in surplus for 2018$ 7. Net cash flow from investing activities, December 31, 2019 8. Increase in inventory, December 31, 2019 ; $ 9. Accrued wages and taxes for 2018; 10. Book value per share (BVPS) for 2019 ;9 2. You'll need to compare your company's ratios with the industry's standards. A. Use the information found in Woridwide Widget Manufacturing's financial statements to calculate all of the listed financial ratios in the above table for your company. Then, for each ratio, provide a comparison of the company's result with the industry standards, indicating if your company's results are lower than, higher than, slower than, or faster than the industry standards. B. Calculate your company's internal and sustainable growth rates

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Leverage Space Trading Model

Authors: Ralph Vince

1st Edition

0470455950, 978-0470455951

More Books

Students also viewed these Finance questions