subject
Business, 20.09.2019 22:00 hflores0001

Suppose selected financial data of target and wal-mart for 2017 are presented here (in millions). target corporation wal-mart stores, inc. income statement data for year net sales $64,900 $405,000 cost of goods sold 44,000 300,000 selling and administrative expenses 14,000 75,000 interest expense 650 1,800 other income (expense) (70 ) (380 ) income tax expense 1,300 6,500 net income $ 4,880 $ 21,320 balance sheet data (end of year) current assets $16,000 $45,000 noncurrent assets 25,000 120,000 total assets $41,000 $165,000 current liabilities $10,000 $54,000 long-term debt 16,800 43,000 total stockholders’ equity 14,200 68,000 total liabilities and stockholders’ equity $41,000 $165,000 beginning-of-year balances total assets $43,000 $162,000 total stockholders’ equity 12,500 64,000 current liabilities 10,000 54,000 total liabilities 30,500 98,000 other data average net accounts receivable $7,400 $3,800 average inventory 6,800 32,800 net cash provided by operating activities 5,500 25,500 capital expenditures 1,600 11,500 dividends 450 3,500 (a) for each company, compute the following ratios. (round all answers to 2 decimal places, e. g. 1.83 or 1.83%) for each company, compute the following ratios. (round all answers to 2 decimal places, e. g. 1.83 or 1.83%.)ratio targetwal-mart(1) current ratio enter a number: 1 enter a number: 1(2) accounts receivable turnover enter a numbertimes enter a numbertimes(3) average collection period enter a numberdays enter a numberdays(4) inventory turnover enter a numbertimes enter a numbertimes(5) days in inventory enter a numberdays enter a numberdays(6) profit margin enter percentages% enter percentages%(7) asset turnover enter a numbertimes enter a numbertimes(8) return on assets enter percentages% enter percentages%(9) return on common stockholders’ equity enter percentages% enter percentages%(10) debt to assets ratio enter percentages% enter percentages%(11) times interest earned enter a numbertimes enter a numbertimes(12) free cash flow

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:30
Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next
Answers: 2
question
Business, 22.06.2019 04:30
4. the condition requires that only one of the selected criteria be true for a record to be displayed.
Answers: 1
question
Business, 22.06.2019 05:30
The struter partnership has total partners’ equity of $510,000, which is made up of main, capital, $400,000, and frist, capital, $110,000. the partners share net income and loss in a ratio of 80% to main and 20% to frist. on november 1, adison is admitted to the partnership and given a 15% interest in equity and a 15% share in any income and loss. prepare journal entries to record the admission of adison for a 15% interest in the equity and a 15% share in any income and loss under the following independent assumptions. (1) record the admission of adison with an investment of $90,000 for a 15% interest in the equity and a 15% share in any income and loss. (2) record the admission of adison with an investment of $120,000 for a 15% interest in the equity and a 15% share in any income and loss. (3) record the admission of adison with an investment of $80,000 for a 15% interest in the equity and a 15% share in any income and loss.
Answers: 1
question
Business, 22.06.2019 11:50
The following are the current month's balances for abc financial services, inc. before preparing the trial balance. accounts payable $ 10,000 revenue 6,000 cash 3,000 expenses 17,500 furniture 10,000 accounts receivable 14,000 common stock ? notes payable 6,500 what amount should be shown for common stock on the trial balance? a. $48.000b. $12.500c. $27.000d. $28.000
Answers: 3
You know the right answer?
Suppose selected financial data of target and wal-mart for 2017 are presented here (in millions). ta...
Questions
question
Mathematics, 22.11.2019 00:31
question
Mathematics, 22.11.2019 00:31