Times interest earned for 2017 2019 People Tab Window Help Do Homework Ryan Simpson PlayerHomework aspx homeworkld 559107697 questionld 1 flushed false cld 5854184 centerwin ccounting Spring 2020 8 30 Ryan Simpson 02 2 Appendix C Extra Credit Opportunity 20 Points 1 of 1 (1 complete) HW Score 4 73 milartal Questi our ye i Financial Data X ew the Years Ended January 31, 2019 2016 pute and Operating Results 2019 2018 2017 2016 fit margi Net Sales Revenue $ 13,844 $ 13,670 $ 11,632 $ Jercent, X X Ent 9,055 Cost of Goods Sold 9,700 8,594 6,770 5,315 Interest Expense 106 77 40 41 Income from Operations 332 1,450 1,820 1,337 Income Tax Expense 99 262 333 240 Net Income (Net Loss) (12) 880 1, 124 argin ratio 825 Cash Dividends on Common Stock 78 80 76 78 ompute and Financial Position per share w X XX Enter a loss and Merchandise Inventory 1,680 1,900 1,454 1,046 Total Assets 7,592 7,018 5, 190 3,962 Current Ratio 1 43 1 0 92 1 1 31 1 1 17 1 Stockholders' Equity 3,014 2,938 2,634 1,584 Average Number of Shares of Common Stock Outstanding 868 884 906 580 y list or enter Print Done g Check Answer 27,324 26 80 poo F3iew History Bookmarks People Tab Window Help Do Homework Ryan Simpson D X 87 mathxl com Student PlayerHomework aspx homeworkld 559107697 questionld 1 flushed false cld 5854184 centerwin yes BUS 222 Managerial Accounting Spring 2020 8 30 Ryan Simpson 02 27 20 2 54 PM Homework Appendix C Extra Credit Opportunity 20 Points Save Score 0 26 of 1 pt 1 of 1 (1 complete) D JuJ ways HW Score 26 49 , 0 26 of 1 pt x CY Avg common stockholders' equity Question Help Avg merchandise inventory Consider Avg total assets for Espresso, Inc EEE(Click Cost of goods sold Read the Earnings per share Gross profit Espresso', Interest expense Inventory turnover during the 2017 2019 period Requirem Merchandise inventory entory turnover for 2019 2017 (Round the amounts you enter into the formula to the nearest cent X XX, and round the NI X X ) (NI Income tax exp Interest exp ) Avg merchandise inventory Inventory turnover 2019 (NI Income tax exp Interest exp ) 1,790 00 5 4 times (NI Interest exp ) 2018 1,677 00 5 1 times (NI Interest exp ) EA EA 2017 (NI Preferred dividends) 1,250 00 5 4 times Espresso' Net sales revenue consistent during the 2017 2019 period Total assets Requirem Total stockholders' equity es interest earned ratio for 2019 2017 (Round the times interest earned ratios to one decimal place, X X ) Weighted ava of com roc ole Times interest earned times 2019 times 2018 times 2017 Choose from any list or enter any number in the input fields and then click Check Answer Check Answer 6 parts Clear All remaining 27,342 FEB 27 DII DD E9 F10 20 F6 F7 F8 F4 F5 F2 F3dit View Bookmarks People Tab Window Help $ 100 Do Homework Ryan Simpson Assign mathxl com Student PlayerHomework aspx homeworkld 559107697 questionld 1 flushed false cld 5854184 centerwin yes ON BUS 222 Managerial Accounting Spring 2020 8 30 Ryan Simpson 02 26 20 11 44 PM Homework Appendix C Extra Credit Opportunity 20 Points Save coun Score 0 05 of 1 pt 1 of 1 (1 complete) HW Score 4 73 , 0 05 of 1 pt x CYUC 2 (similar to) Question Help Consider the following four year selected financial data for Espresso, Inc (Click the icon to view the selected financial data ) york Read the requirements Test Requirement 1 Compute and evaluate Espresso's profit margin ratio for 2019 2017 (Round the profit margin ratio to the nearest tenth percent, X X Enter a loss and or a negative profit margin ratio with a minus sign or parentheses ) NI Net sales revenue Profit margin ratio 2019 $ (12) 13,844 (0 1) 2018 880 13,670 6 4 2017 1, 124 11,632 9 7 Espresso's profit margin ratio has deteriorated during the 2017 2019 period Requirement 2 Compute and evaluate Espresso's earnings per share for 2019 2017 (Round the earnings per share to the nearest cent, X XX Enter a loss and or a negative earnings per share with a minus sign or parentheses ) Earnings per share 2019 per share 2018 per share 2017 per share Choose from any list or enter any number in the input fields and then click Check Answer 10 parts remaining Clear All Check Answer Privacy O 27,324 26 AOL PW 80 888 DII DD F3 F4 F5 F6 F7 F8 View History Bookmarks People Tab Window 0 8 10 Do Homework Ryan Simpson mathxl com Student PlayerHomework aspx homeworkld 559107697 questionld 1 flushed false cld 5854184 centerwin yes BUS 222 Managerial Accounting Spring 2020 8 30 Ryan Simpson 02 26 20 11 44 PM Homework Appendix C Extra Credit Opportunity 20 Points Save un Score 0 05 of 1 pt 1 of 1 (1 complete) HW Score 4 73 , 0 05 of 1 365 days x CY Avg common stockholders' equity Question Help Avg merchandise inventory Consider Avg total assets a for Espresso, Inc EEE(Clic Cost of goods sold Read the Earnings per share Gross profit Requirer Interest expense and or a Inventory turnover ofit margin ratio for 2019 2017 (Round the profit margin ratio to the nearest tenth percent, X X Enter a loss or parentheses Merchandise inventory Net sales revenue Profit margin ratio 2019 (NI Income tax exp Interest exp ) (NI Income tax exp Interest exp ) 13,844 (0 1) 2018 (NI Interest exp ) $ 13,670 6 4 2017 (NI Interest exp ) 11,632 9 7 (NI Preferred dividerhits) Espresso Net sales revenue during the 2017 2019 period Requirer Total assets negative Total stockholders' equity irnings per share for 2019 2017 (Round the earnings per share to the nearest cent, X XX Enter a loss and or a ntheses ) Wainhted ava of common shares ols Earnings per share 2019 per share 2018 per share 2017 per share Choose from any list or enter any number in the input fields and then click Check Answer 10 parts remaining Clear All Check Answer O 27,324 26 I CPW A 568 DII DD F3 E4 F6 F7 E9 F10 F11 F12 D 6 8 9 O

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 29, 2024

Times interest earned for 2017-2019 People Tab Window Help Do Homework - Ryan Simpson PlayerHomework.aspx?homeworkld=559107697&questionld=1&flushed=false&cld=5854184¢erwin ccounting Spring 2020 8:30 Ryan Simpson & | 02/2 Appendix

Times interest earned for 2017-2019

People Tab Window Help Do Homework - Ryan Simpson PlayerHomework.aspx?homeworkld=559107697&questionld=1&flushed=false&cld=5854184¢erwin ccounting Spring 2020 8:30 Ryan Simpson & | 02/2 Appendix C Extra Credit Opportunity! 20 Points 1 of 1 (1 complete) HW Score: 4.73 milartal Questi our-ye i Financial Data X ew the Years Ended January 31, 2019-2016 pute and Operating Results: 2019 2018 2017 2016 fit margi Net Sales Revenue $ 13,844 $ 13,670 $ 11,632 $ Jercent, X.X%. Ent 9,055 Cost of Goods Sold 9,700 8,594 6,770 5,315 Interest Expense 106 77 40 41 Income from Operations 332 1,450 1,820 1,337 Income Tax Expense 99 262 333 240 Net Income (Net Loss) (12) 880 1, 124 argin ratio 825 Cash Dividends on Common Stock 78 80 76 78 ompute and Financial Position: per share w X.XX. Enter a loss and Merchandise Inventory 1,680 1,900 1,454 1,046 Total Assets 7,592 7,018 5, 190 3,962 Current Ratio 1.43:1 0.92:1 1.31:1 1.17:1 Stockholders' Equity 3,014 2,938 2,634 1,584 Average Number of Shares of Common Stock Outstanding 868 884 906 580 y list or enter Print Done g Check Answer 27,324 26 80 poo F3iew History Bookmarks People Tab Window Help Do Homework - Ryan Simpson D X 87% mathxl.com/Student/PlayerHomework.aspx?homeworkld=559107697&questionld=1&flushed=false&cld=5854184¢erwin=yes BUS 222 Managerial Accounting Spring 2020 8:30 Ryan Simpson & | 02/27/20 2:54 PM Homework: Appendix C Extra Credit Opportunity! 20 Points Save Score: 0.26 of 1 pt 1 of 1 (1 complete) D JuJ ways HW Score: 26.49%, 0.26 of 1 pt x CY Avg. common stockholders' equity Question Help Avg. merchandise inventory Consider | Avg. total assets for Espresso, Inc. EEE(Click Cost of goods sold Read the Earnings per share Gross profit Espresso'," Interest expense Inventory turnover during the 2017-2019 period. Requirem Merchandise inventory entory turnover for 2019-2017. (Round the amounts you enter into the formula to the nearest cent. X.XX, and round the NI X.X. ) (NI + Income tax exp. + Interest exp.) Avg. merchandise inventory = Inventory turnover 2019 (NI - Income tax exp. - Interest exp.) 1,790.00 5.4 times (NI + Interest exp.) 2018 1,677.00 5.1 times (NI - Interest exp.) EA EA 2017 (NI - Preferred dividends) 1,250.00 5.4 times Espresso' Net sales revenue consistent during the 2017-2019 period. Total assets Requirem Total stockholders' equity es-interest-earned ratio for 2019-2017. (Round the times-interest-earned ratios to one decimal place, X.X.) Weighted ava # of com roc ole Times-interest-earned times 2019 times 2018 times 2017 ? Choose from any list or enter any number in the input fields and then click Check Answer. Check Answer 6! parts Clear All remaining 27,342 FEB 27 DII DD E9 F10 20 F6 F7 F8 F4 F5 F2 F3dit View Bookmarks People Tab Window Help $ 100% Do Homework - Ryan Simpson Assign mathxl.com/Student/PlayerHomework.aspx?homeworkld=559107697&questionld=1&flushed=false&cld=5854184¢erwin=yes ON BUS 222 Managerial Accounting Spring 2020 8:30 Ryan Simpson & | 02/26/20 11:44 PM Homework: Appendix C Extra Credit Opportunity! 20 Points Save coun Score: 0.05 of 1 pt 1 of 1 (1 complete) HW Score: 4.73%, 0.05 of 1 pt x CYUC-2 (similar to) Question Help Consider the following four-year selected financial data for Espresso, Inc. (Click the icon to view the selected financial data.) york Read the requirements. /Test Requirement 1. Compute and evaluate Espresso's profit margin ratio for 2019-2017. (Round the profit margin ratio to the nearest tenth percent, X.X%. Enter a loss and/or a negative profit margin ratio with a minus sign or parentheses.) NI Net sales revenue Profit margin ratio 2019 $ (12) 13,844 (0.1) 2018 880 13,670 6.4 % 2017 1, 124 11,632 9.7 % Espresso's profit margin ratio has deteriorated during the 2017-2019 period. Requirement 2. Compute and evaluate Espresso's earnings per share for 2019-2017. (Round the earnings per share to the nearest cent, X.XX. Enter a loss and/or a negative earnings per share with a minus sign or parentheses.) Earnings per share 2019 = per share 2018 per share 2017 per share Choose from any list or enter any number in the input fields and then click Check Answer. 10 parts remaining Clear All Check Answer Privacy O 27,324 26 AOL PW 80 888 DII DD F3 F4 F5 F6 F7 F8 @View History Bookmarks People Tab Window 0 8 10 Do Homework - Ryan Simpson mathxl.com/Student/PlayerHomework.aspx?homeworkld=559107697&questionld=1&flushed=false&cld=5854184¢erwin=yes BUS 222 Managerial Accounting Spring 2020 8:30 Ryan Simpson & | 02/26/20 11:44 PM Homework: Appendix C Extra Credit Opportunity! 20 Points Save un Score: 0.05 of 1 pt 1 of 1 (1 complete) HW Score: 4.73%, 0.05 of 1 365 days /x CY Avg. common stockholders' equity Question Help Avg. merchandise inventory Consider Avg. total assets a for Espresso, Inc. EEE(Clic Cost of goods sold Read the Earnings per share Gross profit Requirer Interest expense and/or a Inventory turnover ofit margin ratio for 2019-2017. (Round the profit margin ratio to the nearest tenth percent, X.X%. Enter a loss or parentheses. Merchandise inventory Net sales revenue Profit margin ratio 2019 (NI + Income tax exp. + Interest exp.) (NI - Income tax exp. - Interest exp.) 13,844 (0.1)% 2018 (NI + Interest exp.) $ 13,670 6.4 % 2017 (NI - Interest exp.) 11,632 9.7 % (NI - Preferred dividerhits) Espresso Net sales revenue during the 2017-2019 period. Requirer Total assets negative Total stockholders' equity irnings per share for 2019-2017. (Round the earnings per share to the nearest cent, X.XX. Enter a loss and/or a ntheses.) Wainhted ava # of common shares ols = Earnings per share 2019 per share 2018 per share 2017 per share Choose from any list or enter any number in the input fields and then click Check Answer. ? 10 parts remaining Clear All Check Answer O 27,324 26 I CPW A 568 DII DD F3 E4 F6 F7 E9 F10 F11 F12 D % & 6 8 9 O