You have the following information on for two companies Company X $100,000 $60,000 $120,000 $80,000 $40,000...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
You have the following information on for two companies Company X $100,000 $60,000 $120,000 $80,000 $40,000 $50,000 $7000 Gross sales Cost of goods sold Total Assets Total Liabilities Current Assets Current Liabilities Net income 2.4 Calculate the following, for each company: (Include your calculation steps) ● Gross Profit Margin ● Current Ratio Total Equity Return on Equity (ROE) Return on Assets (ROA) Company Y $135,000 $100,000 $150,000 $125,000 $75,000 $70,000 $12,000 ● (50%) You have the following information on for two companies Company X $100,000 $60,000 $120,000 $80,000 $40,000 $50,000 $7000 Gross sales Cost of goods sold Total Assets Total Liabilities Current Assets Current Liabilities Net income 2.4 Calculate the following, for each company: (Include your calculation steps) ● Gross Profit Margin ● Current Ratio Total Equity Return on Equity (ROE) Return on Assets (ROA) Company Y $135,000 $100,000 $150,000 $125,000 $75,000 $70,000 $12,000 ● (50%)
Expert Answer:
Answer rating: 100% (QA)
40 N 1 Griser Profit Magh Gross Profi Revenue 7 400... View the full answer
Related Book For
Financial reporting, financial statement analysis and valuation a strategic perspective
ISBN: 978-0324789416
7th Edition
Authors: James M Wahlen, Stephen P Baginskl, Mark T Bradshaw
Posted Date:
Students also viewed these finance questions
-
Question 1 Adiwarna Enterprise is a small grocery business owned by Encik Yusri. It has been existence for almost six years. Its financial year end is 30 June each year. It has been depreciating its...
-
Great Lakes Christmas Tree Co. expects to pay an annual dividend of $2 per share in perpetuity on its preferred shares starting one year from now. The firm is committed solely to its steady North...
-
The chapter describes free cash flows for common equity shareholders. If the firm borrows cash by issuing debt, how does that transaction affect free cash flows for common equity shareholders in that...
-
Why do investors tend to sell losing stocks together, on the same trading session, and separate the sale of winning stocks over several trading sessions?
-
How would you overcome some of the problems you might anticipate in designing a survey to establish the kind of paint used by the "do-it-yourself" market when the members of this sample last...
-
Show that Dynkin's formula (7.30) in Proposition 7.31 follows from Theorem 7.30. Data From Theorem 7.30 Ex. 7.18 7.30 Theorem. Let (Xt, F)to be a Feller process on Rd with transition semigroup...
-
In 2016, a father of two minor children in Cuyahoga county, Ohio, filed a claim to determine custody of the children. At the pretrial, the father informed the magistrate he wanted to be named a legal...
-
Power Brite Painting Company specializes in refurbishing exterior painted surfaces that have been hard hit by humidity and insect debris. It uses a special technique, called pressure cleaning, before...
-
3. The distance between carbon atoms in diamond is 0.154 nm. What is this distance in meters? Have Factor 0.154 nm 1 x 10^9nm Want 1.54 x 10^-10m 4. Calculate the number of grams in 32.0 lbs....
-
[5] A marksman is firing a pistol at a 5 cm diameter, circular bullseye some distance away. The center of the target is considered (0, 0). This marksman pulls a little to the right (positive x) and a...
-
What are the dos and dont for variable declaration for Java, Python, PHP, C#, JavaScript.
-
Kingston Manufacturing, a company specializing in custom orders, applies job-order costing. At the end of each year, Kingston Manufacturing adjusts its accounts by closing out any overapplied or...
-
USInnovate, Inc. (a US corporation) has owned 100% of GlobalTech, Inc. (a Country X per se corporation) for the past ten years. In the current year, GlobalTech earned $400,000,000 of active foreign...
-
Dolores works part time as an insurance salesperson. Last year, she received a salary of $32,000 and commission income of $6,200. She also operated an independent contractor for a fee-only financial...
-
4. finds an algebraic expression for following logic diagram. F2
-
A 35.0-g bullet strikes a 5.0-kg wooden block traveling 1.2 m/sec in the same direction as the bullet. If the bullet embeds itself in the block, and they move off together at 8.6 m/s. What was the...
-
iid 2 1. Consider a 3 year investment with annual effective rates 11, 12, 13 in each year respectively. Assume that the rates are independent and identically distributed, and that (1+1) In N(, o),...
-
Find the reduced echelon form of each of the matrices given in Problems 120. c 1 26 + 4
-
Some retailing companies own their own stores or acquire their premises under capital leases. Other retailing companies acquire the use of store facilities under operating leases, contracting to make...
-
Wal-Mart Stores, Inc. (Walmart) is the largest retailing firm in the world. Building on a base of discount stores, Walmart has expanded into warehouse clubs and Supercenters, which sell traditional...
-
Assume that Great Beef Co. owes Bank of America $5,000,000 on a 3-year, 9% note originally issued at par. After one year of making scheduled payments, the firm faces financial difficulty. At the end...
-
What type of accounts are accounts receivable and inventory? (a) Cash accounts. (b) Operating accounts. (c) Financing accounts. (d) Investing accounts.
-
Which of the following is a cash outflow? (a) Proceeds from borrowing. (b) Repayments of debt principal. (c) Payment for taxes. (d) Both (b) and (c).
-
How would payments for taxes be classified? (a) Operating outflow. (b) Operating inflow. (c) Investing outflow. (d) Financing outflow
Study smarter with the SolutionInn App