Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Financial Statement Analysis Case study on US Republic Corporation a) Fill in the 20x3 column below: US CORPORATION 30 RATIO 1. Current rutie INDUSTRY NOUMS

image text in transcribed

Financial Statement Analysis Case study on US Republic Corporation a) Fill in the 20x3 column below: US CORPORATION 30 RATIO 1. Current rutie INDUSTRY NOUMS 225 TI US REPUBLIC CORPORATION BALANCE SHEET, Dec 31, 2013 ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY Cash 1.000.000 Notes payable bank SL000.000 Acontece 5.000.000 Accounts payable 2,000,000 Inventory 7,000,000 Accroel wandtas 2.000.000 and it 17.000.000 Long term det 12.000.000 Preferred stock L000,000 Commode 2,000,000 Remed ning Total Bates and architect 3. 5 Locatie Goma LIN 7. Newman IN 15 20 Return 12 10. Total 10 IL el conegut SO b) Evaluate the company using the information from table above. Cite specific ratio levels and trends as evidence. c) Indicate which ratios would be of most interest to you and what your decision would be in each of the following situations: US Republic wants to buy $500,000 worth of merchandise inventory from you, with payment due in 90 days. (i) US Republic wants you, a large insurance company, to pay off its note at the bank and assume it on a 10-year maturity basis at a current rate of 14 percent. (in) There are 100,000 shares outstanding, and the stock is selling for $80 a share. The company offers you 50.000 additional shares at this price. $16.000.000 L000.000 $30.000.000 US Rare CORPORATION STATEMENT GINCOME AND RETAINED EARNING TRAR END DECIM), 2003 Net Credit Ch Total Cound Expeme Cost of goods sold $12.000.000 Selinger and administrate pe 2.300.000 Depreciation 1.400.000 Interest Net income before ture Tuses on income Ner income tan Law Dividends on preferred to Net income table to common shareholders Adit: Retained earnings at 1/1/X3 Subtotal La Dividend paid on commod Retained ang 12/30/33 SI56 0.000 000 5 2.000.000 700.000 $160,000 50.000 SL800.000 Financial Statement Analysis Case study on US Republic Corporation a) Fill in the 20x3 column below: US CORPORATION 30 RATIO 1. Current rutie INDUSTRY NOUMS 225 TI US REPUBLIC CORPORATION BALANCE SHEET, Dec 31, 2013 ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY Cash 1.000.000 Notes payable bank SL000.000 Acontece 5.000.000 Accounts payable 2,000,000 Inventory 7,000,000 Accroel wandtas 2.000.000 and it 17.000.000 Long term det 12.000.000 Preferred stock L000,000 Commode 2,000,000 Remed ning Total Bates and architect 3. 5 Locatie Goma LIN 7. Newman IN 15 20 Return 12 10. Total 10 IL el conegut SO b) Evaluate the company using the information from table above. Cite specific ratio levels and trends as evidence. c) Indicate which ratios would be of most interest to you and what your decision would be in each of the following situations: US Republic wants to buy $500,000 worth of merchandise inventory from you, with payment due in 90 days. (i) US Republic wants you, a large insurance company, to pay off its note at the bank and assume it on a 10-year maturity basis at a current rate of 14 percent. (in) There are 100,000 shares outstanding, and the stock is selling for $80 a share. The company offers you 50.000 additional shares at this price. $16.000.000 L000.000 $30.000.000 US Rare CORPORATION STATEMENT GINCOME AND RETAINED EARNING TRAR END DECIM), 2003 Net Credit Ch Total Cound Expeme Cost of goods sold $12.000.000 Selinger and administrate pe 2.300.000 Depreciation 1.400.000 Interest Net income before ture Tuses on income Ner income tan Law Dividends on preferred to Net income table to common shareholders Adit: Retained earnings at 1/1/X3 Subtotal La Dividend paid on commod Retained ang 12/30/33 SI56 0.000 000 5 2.000.000 700.000 $160,000 50.000 SL800.000

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

Public Finance

Authors: Harvey Rosen, Robert Guell, Ted Gayer

9th Edition

0073511358, 9780073511351

More Books

Students also viewed these Finance questions