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Use the following information for Questions 2-9 Category 2020 Accounts payable 200,000 2021 196,000 Accounts receivable Accruals Additional paid in capital Cash 610,000 40.000 ???
Use the following information for Questions 2-9
Category
2020
Accounts payable
200,000
2021
196,000
Accounts receivable
Accruals
Additional paid in capital
Cash
610,000
40.000
???
74.000
1,380,000
1.510.000
1.000.000
Common Stock @, $5
COGS
60 000
150.000
900.000
62,000
195.000
Depreciation expense
Interest expense
Inventories
18,000
25,000
50,000
56,000
620,000
570,000
Long-term debt
2.200.000 2.480.000
Net fixed assets
3.600.000 4.000.000
Notes payable
350.000
390,000
Operating expenses (excl.
depr.)
250,000
280,000
Retained earnings
1,600.000
1.517.000
Sales
600.000
710.000
Taxes
45.000
75,000
2. Accounts Receivable in 2021 was $
2. 628 000
b
682,000
C.
710.000
d.
738.000
e.
759,000
3. The firm's net profit margin in 2021 was
a.) 11.13
b
. 12.48
C.
13.94
d. 14.86
e. 15 03
%.
4
The entry for Notes Payable on the 2021 common-sized balance sheet was
a.
5.91
b.
6.15
C.
6.26
d.
6.34
e.
6.40
5. The return on equity (ROE) in 2021 was
a. 2.24
b.
2.56
C.
3.20
d
4.16
e
4.36
%.
6
7.
8
What was the dividend paid in 2021?
a. $162.000
b.
$78.000
C.
$82.000
d.
$102.000
e.
$115.000
What was cash flow from operating activities in 2021?
a. $35.000
b. $65.000
c. $95.000
d. $155.000
e. $195.000
What was cash flow from financing activities for 2021?
a. $250.000
b. $270.000
$310.000
d. $350.000
e. $290.000
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Handbook Of Asset And Liability Management Volume 2
Authors: S. A. Zenios, W. T. Ziemba
1st Edition
0444528024, 978-0444528025
