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!
Analysis of financial statement using ratio analysis.
Alegro Manufacturing Co. Partial comparative balance sheet and income statement information for the Alegro Manufacturing Co. for the years ending 2006 and 2007 is given below:
2006
2007
Cash
$6,800
$5,200
Marketable Securities
3,600
8,600
Accounts Receivable (net)
22,400
17,800
Inventory
27,200
24,800
Total Current Assets
60,000
56,400
Accounts Payable
20,000
14,100
Net Sales
161,280
110,360
Cost of Goods Sold
108,800
101,680
Gross Margin
52,480
8,680
In 2005, the year-end balances for Accounts Receivable and Inventory were $16,200 and $25,600, respectively. Accounts Payable was $15,300 in 2005 and is the only current liability.
Make the following calculations, round all of your answers to one decimal place.
1. Calculate the current ratio for 2006. 2. Calculate the quick ratio for 2006. 3. Calculate receivable turnover for 2006. 4. Calculate the average days sales uncollected 2006. 5. Calculate inventory turnover for 2006. 6. Calculate the average days inventory on hand for 2006. 7. Calculate the payables turnover for 2006. 8. Calculate the average days payable for the year 2006. 9. Calculate the current ratio for 2007. 10. Calculate the quick ratio for 2007. 11. Calculate receivable turnover for 2007. 12. Calculate the average days sales uncollected for 2007. 13. Calculate inventory turnover for 2007. 14. Calculate the average days inventory on hand for 2007. 15. Calculate the payables turnover for 2007. 16. Calculate the average days payable for the year 2007.
Determine whether it is financially more attractive for the Bergholts to rent or to purchase the home over a five-year holding period.
At the time of delivery the index was 132.0. Compute the final contract price?
Role of the Computer in graphing the Scatter diagram.
Consider Platypus Building Inc. uses the percentage of completion technique, what amount of gross profit would be recognized in 2013?
Evaluate of an equation for electricity cost (Y) as a function of units produced (X) using the high-low method and using that equation, forecasting electricity cost at a specified volume units produced.
Verify the overall break-even point for the company by constructing a contribution format income statement showing the appropriate levels of sales for the two products.
Determine the activity rate for each of the activity cost pools. (Omit the "$" sign in your response. Round your answers to 2 decimal places.)
Adopt an investment strategy that seeks to maximise both financial return
Evaluate operating income for 20X7, assuming the firm uses the variable-costing approach to product costing. (Do not prepare a statement.)
Which of the following is NOT true about variances in general and Which budget is necessary to determine standard variances?
Prepare General Journal entry, General Ledger entry and Unadjusted Trial Balance.
what was the net cash flow from investing activities for Yeager Inc in 20X4 and what would be the effect on the following items after the stock split? Assume the old shares were exchanged for 750,000 new shares.
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