Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 2 Not yet answered Marked out of 1.00 Flag question From the financial statements above, calculate the following for 2017 and comment on company

image text in transcribed
image text in transcribed
image text in transcribed
Question 2 Not yet answered Marked out of 1.00 Flag question From the financial statements above, calculate the following for 2017 and comment on company performance: 1. Times interest earned 2. Ifventory Turnover Period Ending: Total Revenue Cost of Revenue |III $33.353.000$34.261,000$32,780,000$33,038,000 Gross Profit IIII $72,007,000$62,310,000$53,374,000$60,542,000 Operating Expenses Research and Development Sales, General and Admin. Non-Recurring ttems Other Operating lterns Operating Income Add" incomelexpense items Eamings Before interest and Tax Interest Expense Earnings Before Tax Income Tax Minority Interest Equity Eamingaloss Unoonsolidated I..- $1.410.000$370.000($430.000)$340.000 Subsidiary Netincome-Cont.OperationsIfl$16.571,000525,480,000$20,530,000$12,103,000 Shareholders Shareholders Short-Tem Investments J/ 5121.322.0005125,318.0005100.730,000500,031,000 Net Receivables 11ner 526.481.000522.431.000$18.277.000517.006.000 Inventory fli: 52.002.00052.181.00052.51.00052.002.000 Other Current Assets Total Current Assets \begin{tabular}{|l|l|l|l|} \hline 1169,662,000 & 5162,696,000 & $139,660,000 & 5122,797,000 \end{tabular} Long-Term Assets Long-Term investments Fixed Assets Goodwil Bn 535,083.000505.122.000$17.972.000$10.030.000 Intangible Assets Other Assets Deferred Asset Charges 50 50. 30 50 Total Assets \begin{tabular}{|l|l|l|l|l|} \hline Ifle & 5258,849,000 & $250,212,000 & $193,468,000 & $174,472,000 \end{tabular} Question 2 Not yet answered Marked out of 1.00 Flag question From the financial statements above, calculate the following for 2017 and comment on company performance: 1. Times interest earned 2. Ifventory Turnover Period Ending: Total Revenue Cost of Revenue |III $33.353.000$34.261,000$32,780,000$33,038,000 Gross Profit IIII $72,007,000$62,310,000$53,374,000$60,542,000 Operating Expenses Research and Development Sales, General and Admin. Non-Recurring ttems Other Operating lterns Operating Income Add" incomelexpense items Eamings Before interest and Tax Interest Expense Earnings Before Tax Income Tax Minority Interest Equity Eamingaloss Unoonsolidated I..- $1.410.000$370.000($430.000)$340.000 Subsidiary Netincome-Cont.OperationsIfl$16.571,000525,480,000$20,530,000$12,103,000 Shareholders Shareholders Short-Tem Investments J/ 5121.322.0005125,318.0005100.730,000500,031,000 Net Receivables 11ner 526.481.000522.431.000$18.277.000517.006.000 Inventory fli: 52.002.00052.181.00052.51.00052.002.000 Other Current Assets Total Current Assets \begin{tabular}{|l|l|l|l|} \hline 1169,662,000 & 5162,696,000 & $139,660,000 & 5122,797,000 \end{tabular} Long-Term Assets Long-Term investments Fixed Assets Goodwil Bn 535,083.000505.122.000$17.972.000$10.030.000 Intangible Assets Other Assets Deferred Asset Charges 50 50. 30 50 Total Assets \begin{tabular}{|l|l|l|l|l|} \hline Ifle & 5258,849,000 & $250,212,000 & $193,468,000 & $174,472,000 \end{tabular}

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

Step: 3

blur-text-image

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

Iso 9000 Quality Systems Auditing

Authors: G. D. Green, Dennis Green

1st Edition

0566079003, 978-0566079009

More Books

Students also viewed these Accounting questions