Selected comparative financial statement data for DFRT inc.

Balance Sheet (En milliers de dollars)

2017

2018

Assets

Assets CT

-Cash

8 346

10 256

- Accounts Receivable

70456

76 548

- inventories

124589

120 856

- Prepaid Insurance

759

1025

Total Assets CT

Assets LT

- Building

140 425

145 856

- Land

16 256

12 748

Total Assets LT

Total de Assets

Laibilities

Laibilities CT

- Loan CT

5263

4256

- Accounts Payable

57651

62513

- Taxes payable

3256

4236

- Notes Payable

12458

14632

Total de laibilities CT

78 628

85637

Laibilities LT

-Loan LT

86 579

66174

Total laibilities

Owner's Equity

- Capital

60 000

60 000

-Retained earnings

135 624

155 478

Total laibilities and Owners Equity

360 831

367289

2

Statement of Net income

2017

2018

Net Sales

535 965

823654

Cost of Sales

412563

512865

Gross profit

Selling, general, and administ

84 562

93254

Profit before income tax

Income tax

5324

28513

Profit

1- Calculete the ratios , Explain ?

1- Current Ratio

2- Debt to total Assets 3-Gross profit Margin 4- Profit Margin

5- Earnings per Shar ( Number of common shares : 14 000 )

Exercise 4

The Big and Fast company provides the following information about its activities in the year 2018.

Treasury stock purchased: $25,000 Inventory purchased: $213,000 Land sold: $70,000

2

Machinery purchased: $143,000 Common stock issued: $126,000

Compute net cash provided/used by investing activities

Exercise 5

The following activities were performed by L&M corporation during the year 2018. Treasury stock purchased: $44,000

Accounts payable paid: $526,000 Note receivable collected: $35,000 Dividends paid: $186,000

Bonds payable issued: $356,000 Common stock issued: $125,000

Compute net cash provided/used by financing activities

Exercise 6:

The Meta company uses indirect method for preparing its statement of cash flows. It reported a net income of $250,000 for the year 2018.

During the year 2016, the working capital accounts were changed as follows: Decrease in accounts receivable: $45,000

Decrease in accounts payable: $36,600 Increase in inventory: $56,800

The depreciation expense was $66,000 for the year 2018.

Compute net cash provided (used) by operating activities using indirect metho

Exercise 7

Prepare statement of cash flows,using the exercise 4,5.6 and cash beginning: 12 000 $

2

Exercise 8

Selected comparative financial statement data for DAS inc.

Balance Sheet (En milliers de dollars)

2017

2018

Assets

Assets CT

-Cash

41.63

47.5

- Accounts Receivable

64.2

72.6

- inventories

969.7

985.4

- Prepaid Insurance

23.8

33.6

Total Assets CT

1099.33

1139.10

Assets LT

- Building

1123.00

1216.00

- Land

226.00

221.00

Total Assets LT

1349

1437

Total de Assets

2448.33

2576.10

Laibilities

Laibilities CT

- Loan CT

286.00

131

- Accounts Payable

711.2

667.2

- Taxes payable

101.6

104.6

- Notes Payable

75.3

87.6

Total de laibilities CT

1174.10

990.40

Laibilities LT

-Loan LT

1033.1

884.2

Total laibilities

2207.20

1874.60

Owner's Equity

241.13

701.50

Total laibilities and Owners Equity

2448.33

2576.10

Prepare :

A - Horizontal analysis

2