Question
Use the below information to answer the following question. Income Statement For the Year Net sales $631,000 COGS 442,220 Depreciation 28,100 EBIT $160,700 Interest 14,900
Use the below information to answer the following question. |
Income Statement |
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| For the Year | ||
Net sales | $631,000 | ||
COGS | 442,220 | ||
Depreciation | 28,100 | ||
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EBIT | $160,700 | ||
Interest | 14,900 | ||
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Taxable income | $145,800 | ||
Taxes | 49,600 | ||
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Net income | 96,200 | ||
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Balance Sheet |
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| Beginning of Year | End of Year | ||||
Cash | $ 38,200 | $43,700 | ||||
Accounts receivable | 91,400 | 86,150 | ||||
Inventory | 203,900 | 214,600 | ||||
Net fixed assets | 516,100 | 537,950 | ||||
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Total assets | 849,600 | $882,400 | ||||
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Accounts payable | $136,100 | 104,300 | ||||
Long-term debt | 329,500 | 298,200 | ||||
Common stock ($1 par value) | 75,000 | 82,000 | ||||
Retained earnings | 309,000 | 397,900 | ||||
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Total Liab. & Equity | $849,600 | 882,400 | ||||
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What is the quick ratio at the end of the year?
How many days of sales are in receivables at year-end?
What is the price-sales ratio if the market price is $43.20 per share? (Use end-of-year values)?
What is debt-equity ratio at year-end?
What is the return on equity using year-end values?
What is the amount of the dividends paid during the year?
What is the amount of the cash flow from investment activity for the year? |
What is the net working capital to total assets ratio at year-end?
How many dollars of sales are being generated from every dollar of net fixed assets? (Use year-end values)? What is the times interest earned ratio for the year? What is the net cash flow to stockholders for the year? Please show explanation for all solutions |
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