This Gut: 10 pts possible Using the tables below. conduct a complete t y s of the Battle Company for the years 2018 and 2019. You should use the Developments that you uncover when comparing to from 2018 2019 y activity debt and profitability to i n particularly positive negative Bartlett Company income statements Bartlett Company Balance Sheets Bortle Company Statement of Retained amings T Dobra Round for m al places) Debut ratio Round to the decimal places) Times interest eamed Round to three decimal places 2019 Gross pro margin Round to the decimal places.) 2018 Operating profit margin Round to three decimal places) * Data Table (Click the icon here in order to copy the contents of the data table below into a spreadsheet.) Bartlett Company Income Statements ($000) For the Years Ended December 31 2019 2018 Sales revenue $3,074 $2,580 Less: Cost of goods sold 2,088 1.710 Gross profits $986 Less: Operating expenses Selling expense $100 General and administrative expenses 194 Other operating expenses 37 Depreciation expense 238 Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes Net profits after taxes $163 Less: Preferred stock dividends 10 10 Earnings available for common stockholders $216 $153 $226 Earnings per share (EPS) Dividend per share (DPS) $2.83 $1.29 $2.01 $0.75 Print Done i Data Table 2,088 $986 1,70 $870 $100 194 37 $105 181 37 224 238 Less: Cost of goods sold Gross profits Less: Operating expenses Selling expense General and administrative expenses Other operating expenses Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes Net profits after taxes Less: Preferred stock dividends Earnings available for common stockholders $226 10 $163 10 $153 $216 $2.83 Earnings per share (EPS) Dividend per share (DPS) $2.01 $0.75 $1.29 Calculated by dividing the earnings available for common stockholders by the number of shares of common stock outstanding: 76,262 in 2019 and 76,244 in 2018. Earnings per share in 2019: $216,000 + 76,262 = $2.83; in 2018: $153,000 + 76,244 = $2.01. Calculated by dividing the dollar amount of dividends paid to common stockholders by the number of common stock outstanding. Dividends per share in 2019: $98,000 76,262 $1.29; in 2018: $57,183 + 76,244 = $0.75. Print Done i Data Table (Click the icon here in order to copy the contents of the data table below into a spreadsheet.) Bartlett Company Balance Sheets ($000) Assets 2018 $288 Cash Marketable securities Accounts receivable Inventories Total current assets Land and buildings Machinery and equipment Furniture and fixtures Vehicles Other (includes financial leases) Total gross fixed assets (at cost) Less: Accumulated depreciation Net fixed assets Total assets December 31 2019 $370 66 502 285 $1,223 $2,079 1,862 361 277 100 $4,679 2,295 $2,384 $3,607 366 302 $1,007 $1,913 1,691 320 319 97 $4,340 2,053 $2,287 $3.294 $383 82 165 Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt (includes financial leases) Total liabilities Preferred stock: cumulative 5%, $100 par, 2,000 shares authorized and issued Common stock: $2.50 par, 100,000 shares authorized, shares issued and outstanding in $630 1,028 $1,658 $200 193 $265 100 110 $475 993 $1,468 $200 193 Print Done i Data Table Marketable securities Accounts receivable Inventories Total current assets Land and buildings Machinery and equipment Furniture and fixtures Vehicles Other (includes financial leases) Total gross fixed assets (at cost) Less: Accumulated depreciation Net fixed assets Total assets 66 502 285 $1,223 $2,079 1,862 361 277 100 $4,679 2,295 $2,384 $3,607 51 366 302 $1,007 $1,913 1,691 320 319 $4,340 2,053 $2,287 $3.294 $383 82 Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt (includes financial leases) Total liabilities Preferred stock: cumulative 5%, $100 par, 2,000 shares authorized and issued Common stock: $2.50 par, 100,000 shares authorized, shares issued and outstanding in 2019: 76,262; in 2018: 76,244 Paid-in capital in excess of par on common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 165 $630 1,028 $1,658 $200 193 $265 100 110 $475 993 $1,468 $200 193 427 1.129 $1.949 $3,607 422 1,011 $1,826 $3,294 Done in s liquidity, activity, debt, and profitability ratios. ed Earnings * Data Table (Click the icon here in order to copy the contents of the data table below into a spreadsheet.) Bartlett Company Statement of Retained Earnings (5000) for the Year Ended December 31, 2019 Retained earnings balance (January 1, 2019) $1,011 Plus: Net profits after taxes (for 2019) 226 Less: Cash dividends (paid during 2019) Preferred stock 10 Common stock 98 Total dividends paid $108 Retained earnings balance (December 31, 2019) $1,129 Print Done 2040 n continue to the next question. This Gut: 10 pts possible Using the tables below. conduct a complete t y s of the Battle Company for the years 2018 and 2019. You should use the Developments that you uncover when comparing to from 2018 2019 y activity debt and profitability to i n particularly positive negative Bartlett Company income statements Bartlett Company Balance Sheets Bortle Company Statement of Retained amings T Dobra Round for m al places) Debut ratio Round to the decimal places) Times interest eamed Round to three decimal places 2019 Gross pro margin Round to the decimal places.) 2018 Operating profit margin Round to three decimal places) * Data Table (Click the icon here in order to copy the contents of the data table below into a spreadsheet.) Bartlett Company Income Statements ($000) For the Years Ended December 31 2019 2018 Sales revenue $3,074 $2,580 Less: Cost of goods sold 2,088 1.710 Gross profits $986 Less: Operating expenses Selling expense $100 General and administrative expenses 194 Other operating expenses 37 Depreciation expense 238 Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes Net profits after taxes $163 Less: Preferred stock dividends 10 10 Earnings available for common stockholders $216 $153 $226 Earnings per share (EPS) Dividend per share (DPS) $2.83 $1.29 $2.01 $0.75 Print Done i Data Table 2,088 $986 1,70 $870 $100 194 37 $105 181 37 224 238 Less: Cost of goods sold Gross profits Less: Operating expenses Selling expense General and administrative expenses Other operating expenses Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes Net profits after taxes Less: Preferred stock dividends Earnings available for common stockholders $226 10 $163 10 $153 $216 $2.83 Earnings per share (EPS) Dividend per share (DPS) $2.01 $0.75 $1.29 Calculated by dividing the earnings available for common stockholders by the number of shares of common stock outstanding: 76,262 in 2019 and 76,244 in 2018. Earnings per share in 2019: $216,000 + 76,262 = $2.83; in 2018: $153,000 + 76,244 = $2.01. Calculated by dividing the dollar amount of dividends paid to common stockholders by the number of common stock outstanding. Dividends per share in 2019: $98,000 76,262 $1.29; in 2018: $57,183 + 76,244 = $0.75. Print Done i Data Table (Click the icon here in order to copy the contents of the data table below into a spreadsheet.) Bartlett Company Balance Sheets ($000) Assets 2018 $288 Cash Marketable securities Accounts receivable Inventories Total current assets Land and buildings Machinery and equipment Furniture and fixtures Vehicles Other (includes financial leases) Total gross fixed assets (at cost) Less: Accumulated depreciation Net fixed assets Total assets December 31 2019 $370 66 502 285 $1,223 $2,079 1,862 361 277 100 $4,679 2,295 $2,384 $3,607 366 302 $1,007 $1,913 1,691 320 319 97 $4,340 2,053 $2,287 $3.294 $383 82 165 Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt (includes financial leases) Total liabilities Preferred stock: cumulative 5%, $100 par, 2,000 shares authorized and issued Common stock: $2.50 par, 100,000 shares authorized, shares issued and outstanding in $630 1,028 $1,658 $200 193 $265 100 110 $475 993 $1,468 $200 193 Print Done i Data Table Marketable securities Accounts receivable Inventories Total current assets Land and buildings Machinery and equipment Furniture and fixtures Vehicles Other (includes financial leases) Total gross fixed assets (at cost) Less: Accumulated depreciation Net fixed assets Total assets 66 502 285 $1,223 $2,079 1,862 361 277 100 $4,679 2,295 $2,384 $3,607 51 366 302 $1,007 $1,913 1,691 320 319 $4,340 2,053 $2,287 $3.294 $383 82 Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt (includes financial leases) Total liabilities Preferred stock: cumulative 5%, $100 par, 2,000 shares authorized and issued Common stock: $2.50 par, 100,000 shares authorized, shares issued and outstanding in 2019: 76,262; in 2018: 76,244 Paid-in capital in excess of par on common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 165 $630 1,028 $1,658 $200 193 $265 100 110 $475 993 $1,468 $200 193 427 1.129 $1.949 $3,607 422 1,011 $1,826 $3,294 Done in s liquidity, activity, debt, and profitability ratios. ed Earnings * Data Table (Click the icon here in order to copy the contents of the data table below into a spreadsheet.) Bartlett Company Statement of Retained Earnings (5000) for the Year Ended December 31, 2019 Retained earnings balance (January 1, 2019) $1,011 Plus: Net profits after taxes (for 2019) 226 Less: Cash dividends (paid during 2019) Preferred stock 10 Common stock 98 Total dividends paid $108 Retained earnings balance (December 31, 2019) $1,129 Print Done 2040 n continue to the next
