subject
Business, 27.06.2019 03:40 dondre54

Using the financial statements for the snider corporation, calculate the 13 basic ratios found in the chapter. snider corporation balance sheet december 31, 20x1 assets current assets: cash $ 57,100 marketable securities 26,100 accounts receivable (net) 184,000 inventory 242,000 total current assets $ 509,200 investments 64,500 plant and equipment. $689,000 less: accumulated depreciation 256,000 net plant and equipment 433,000 total assets $ 1,006,700 liabilities and stockholders' equity current liabilities: accounts payable $ 92,700 notes payable 76,500 accrued taxes 17,000 total current liabilities $ 186,200 long-term liabilities: bonds payable 151,000 total liabilities $ 337,200 stockholders' equity preferred stock, $50 par value $ 100,000 common stock, $1 par value 80,000 capital paid in excess of par 190,000 retained earnings 299,500 total stockholders' equity $ 669,500 total liabilities and stockholders' equity $ 1,006,700 snider corporation income statement for the year ending december 31, 20x1 sales (on credit) $ 2,076,000 cost of goods sold 1,326,000 gross profit $ 750,000 selling and administrative expenses 490,000 * operating profit (ebit) $ 260,000 interest expense 31,800 earnings before taxes (ebt) $ 228,200 taxes 84,400 earnings after taxes (eat) $ 143,800

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:00
Your assessment tool contains rich data about child progress in language and literacy but no details to explain the differences between children. you decide to: a. replace the tool with another b. analyze the data using factors such as language, ability, and participation rates c. review your anecdotal notations regarding language and literacy development d. talk with families about what they are seeing at home
Answers: 2
question
Business, 22.06.2019 10:10
Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):
Answers: 1
question
Business, 22.06.2019 14:10
Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?
Answers: 1
question
Business, 22.06.2019 18:00
Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:
Answers: 2
You know the right answer?
Using the financial statements for the snider corporation, calculate the 13 basic ratios found in th...
Questions
question
Mathematics, 26.11.2021 05:40
question
Computers and Technology, 26.11.2021 05:40
question
Mathematics, 26.11.2021 05:40
Questions on the website: 13722359