Reference no: EM131950150
1) Use the information in the table below to determine gross profit for this business. Enter your answer in the space provided.
if necessary, round to the nearest dollar.
Selling and admin expense: $39365
Depreciation Expense: $33925
Revenues: $185701
Interest Expense: $2500
Cost of Revenues: $89428
Taxes: $32033
2) Use the information in the table below to determine operating income for this business. Enter your answer in the space provided.
Do not enter dollar signs or commas. The number you enter should be rounded to the nearest dollar, with no decimals. Any number < 0 should be entered with the usual minus sign, such as -145.
For example, a number you calculate as $1,345.67 should be entered as 1346.
Revenues: $9628
Taxes: $165
Common shares outstanding: 10000
Cost of goods sold: $4904
Accounts payable: $1589
Interest expense: $79
Selling and administrative expense: $1853
Research and development expense: $519
Depreciation expense: $612
Net plant and equipment: $1500000
3) Use the information in the table below to determine earnings per share (EPS) for this business. Enter your answer in the space provided.
Do not enter dollar signs or commas. The number you enter should include two decimals and should be rounded appropriately to the nearest cent, or second decimal.
Revenues: $2763727
Taxes: $110295
Common shares outstanding: 300000
Costs of goods sold: $1701731
Accounts payable: $245000
Interest expense: $54000
Selling and administrative expense: $225007
Research and development expense: $100386
Depreciation expense: $162498
Net plant and equipment: $1500000
4) Given the information available in the table below, what is total current assets for this company?
Do not enter dollar signs or commas. The number you enter should be rounded to the nearest dollar, with no decimals.
Accounts payable: $260647
Inventories: $54911
Long term investments: $115884
Accounts receivable: $248199
Marketable securities: $52371
Allowance for bad debts: $17788
Cash: $42000
5) A firm you are studying as a possible investment is known for using a lot of debt to finance its assets. You wonder just how much debt that really is and decide to quickly calculate its long-term capital structure. You note that current liabilities are $33 million, long-term debt in the form of bonds is $124 million, total shareholders equity is $35 million, and short-term notes payable is $19 million. What is the proportion of debt used in this company's long-term capital structure?
Enter your answer as a decimal, rounded to the second decimal.