Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Below are current year financial statements for two companies in the same industries and direct competitors. Both companies have been in operation approximately the same length of time.
Company A
Company B
Balance Sheet
Cash
31,000
16,000
Accounts receivable (net)
29,000
24,000
Inventory
87,000
Property and equipment, net
125,000
394,000
Other assets
79,000
298,000
Total assets
351,000
761,000
Current liabilities
91,000
47,000
Long-term debt (5% interest)
62,000
58,000
Capital stock ($5 par)
145,000
505,000
Contributed capital in excess of par
18,000
103,000
Retained earnings
35,000
48,000
Total liabilities and stockholders' equity
Income Statement
Sales revenue (1/3 of sales on credit)
452,000
799,000
Cost of goods sold
(250,000)
(396,000)
Expenses (including interest and taxes)
(161,000)
(308,000)
Net income
41,000
95,000
Selected data from prior year
33,000
81,000
42,000
110,000
375,000
Long-term debt
65,000
70,000
Other data
Market price per share at end of current year
$16
$13
Average income tax rate
25%
Dividends declared and paid in current year
22,000
88,000
Required:
1) Prepare a schedule reflecting a ratio analysis of each company. Compute all ratios from the module for which you have enough data.
2) If an investor were considering an investment in one of these companies, which would you recommend based on this data? Explain your response.
calculating the break even point in units.armstrong helmet company manufactures a unique model of bicycle helmet.nbsp
balboa technologies company has been buy carrying cases for its portable computers at a delivered cost of 20 per unit.
cvp analysis- variation in salesunderstanding the effects of operating leverage high tech inc. and old time co compete
how do you take a known dollar value totalcost such as 240.00 back out the sales taxes from the known values using the
In the Australian accounting sphere the concept of due process is applied within the institutional arrangements for regulating financial reporting and falls particularly within the promulgation of accounting standards.
using the finance or similarly named department link of a citys web site download either the citys entire comprehensive
Identify several of the variable, mixed, and fixed costs that the Polaris services department is likely to incur in carrying out its services and how do you expect the costs identified in part 1 to change, if at all?
The company believes that the price elasticity of demand for this product is -2.5. If the price is decreased to $63, what should be the quantity sold? Will total revenue increase? Why?
Describe the major weakness of the performance report and describe clearly why all the variances for the variable expenses are unfavorable (U).
Review SEC 10-K report, the financial statements, and the notes to the financial statements. Search for "effective tax rate". Believe the topics of deferred tax reporting (assets and liabilities).
preparation of an income statement and computation of earnings per share.tony rich inc. reported income from continuing
Demonstrate in your critical analysis how the use of Ethics by the parties involved could have assisted in better operation of News Ltd. Provide an insight into how Ethics can best be incorporated in organisations and those charge with Corporate G..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd