Business, 24.05.2021 14:00 payshencec21
The following information pertains to Wamser Company:
Cash $22,500
Accounts receivable 125,000
Inventory 74,500
Plant assets (net) 381,000
Total assets $603,000
Accounts payable $75,000
Accrued taxes and expenses payable 25,000
Long-term debt 49,500
Common stock ($10 par) 155,000
Paid-in capital in excess of par 90,000
Retained earnings 208,500
Total equities $603,000
Net sales (all on credit) $800,500
Cost of goods sold 604,500
Net income 81,500
Compute the following:
a. Current ratio
b. Inventory turnover
c. Accounts receivable turnover
d. Book value per share
e. Earnings per share
f. Debt to assets
g. Profit margin on sales
h. Return on common stock equity
Answers: 1
Business, 22.06.2019 03:30
Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the companyâs fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the companyâs new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?
Answers: 2
Business, 22.06.2019 08:30
Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?
Answers: 2
Business, 22.06.2019 11:40
If kroger had whole foodsâ number of daysâ sales in inventory, how much additional cash flow would have been generated from the smaller inventory relative to its actual average inventory position? round interim calculations to one decimal place and your final answer to the nearest million.
Answers: 2
Business, 22.06.2019 15:40
Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?
Answers: 1
The following information pertains to Wamser Company:
Cash $22,500
Accounts receivable 125,0...
Accounts receivable 125,0...
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