Question
Using the figures below, please calculate the following for the company: 1) Gross margin (percentage) 2) EBITDA 3) Return on equity 4) Total net cash
Using the figures below, please calculate the following for the company:
1) Gross margin (percentage)
2) EBITDA
3) Return on equity
4) Total net cash flow
5) Ending inventory
6) Ending accounts receivable
| Accounts receivable (starting) | $400 |
| Advertising | $500 |
| Cost of good sold | $4,700 |
| Depreciation expense | $220 |
| Insurance | $50 |
| Interest | $210 |
| Inventory (starting) | $1,300 |
| Labor expense | $600 |
| Loan principal payments | $300 |
| Management compensation | $400 |
| Miscellaneous expense | $300 |
| Owner's equity | $1,800 |
| Purchases of inventory | $4,600 |
| Receipts on accounts receivable | $5,800 |
| Rent | $400 |
| Sales (cash) | $2,000 |
| Sales (credit) | $6,000 |
| Utilities | $120 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
978-1119372936
