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Smith Inc. ( $ ) Jones Corp. ( $ ) AssetsCurrent Assets 2 0 , 0 0 0 $ 3 5 , 0 0 0
Smith Inc.$Jones Corp.$AssetsCurrent Assets$Cash$$Cash Equivalents$AR$$Inventory$Total Current Assets$Capital Assets$$Capital Assets$$Acc Deprec.Net Capital Assets$Total Assets$$Liabilities$APongterm Bonds Payable$BSTotal Liabilities$Shareholder's Equity$Common Stock$$$Retained EarningsTotal Shareholder's Equity$Total Liabilities and SE$$$ Sales$$COGSGross Profit$$$$Selling & Admin exp$$Depreciation expOp. Profit$$$$Interest expEarnings Before Taxes$$$$Tax expNet Income$$note: shares outstandingnote: priceshare @ yearend,$$ Based on the handout for Smith Inc. and Jones Corp., i calculate the following ratios, figures, andor Percentages;ii for each item a through f circle the company that has the better result and then, iii indicate which company is in better financial shape overall, BASED ON THE ANSWERS YOU HAVE CALCULATED. marksNOTE: just use yearend information; no average values availablea Working Capital:Smith:Jones:b Days of Sales in Inventory:Smith:Jones:c Quick Ratio:Smith:Jones:d Profit Margin:Smith:Jones:e Days of Accounts Payable:Smith:Jones:f Return on Common Shareholders' Equity:Smith:Jones:The Company in better financial shape is
Smith Inc.$Jones Corp.$AssetsCurrent Assets$Cash$$Cash Equivalents$AR$$Inventory$Total Current Assets$Capital Assets$$Capital Assets$$Acc Deprec.Net Capital Assets$Total Assets$$Liabilities$APongterm Bonds Payable$BSTotal Liabilities$Shareholder's Equity$Common Stock$$$Retained EarningsTotal Shareholder's Equity$Total Liabilities and SE$$$ Sales$$COGSGross Profit$$$$Selling & Admin exp$$Depreciation expOp. Profit$$$$Interest expEarnings Before Taxes$$$$Tax expNet Income$$note: shares outstandingnote: priceshare @ yearend,$$ Based on the handout for Smith Inc. and Jones Corp., i calculate the following ratios, figures, andor Percentages;ii for each item a through f circle the company that has the better result and then, iii indicate which company is in better financial shape overall, BASED ON THE ANSWERS YOU HAVE CALCULATED. marksNOTE: just use yearend information; no average values availablea Working Capital:Smith:Jones:b Days of Sales in Inventory:Smith:Jones:c Quick Ratio:Smith:Jones:d Profit Margin:Smith:Jones:e Days of Accounts Payable:Smith:Jones:f Return on Common Shareholders' Equity:Smith:Jones:The Company in better financial shape is
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