What is the current ratio of Nezuko Inc.? 2. What is the Acid-test ratio of Nezuko...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
What is the current ratio of Nezuko Inc.? 2. What is the Acid-test ratio of Nezuko Inc. 3. Compute for the ratio that measures how quickly Nezuko Inc. inventory converted into sales 4. Compute for the ratio that measures Nezuko Inc.'s ability to meet interest payment. 5. Compute for the ratio that measures the margin of sales of Nezuko Inc. is achieving? 6. What is the total asset turnover of Nezuko Inc. * Cash Accounts Receivable Inventory Other current assets Total current assets Gross plant and equipment Less: Accumulated Depreciation Net plant and equipment Total Assets Accounts Payable Accrued expenses Short-term loans Total current liabilities Nezuko Inc. Statement of Financial Position For the Year Ended 2020 Long-term debt Total Liabilities Assets Liabilities and Owner's Equity Common stockholders' equity Common stack-par value Paid in capital Retained earnings Total common stockholders' equity Total liabilities and stockholders' equity (Expressed in 5 milions) $ 90.00 162.00 378.00 13.50 $ 643.50 1,845.00 (517.50) $ 1,327.50 $ 1.971.00 $ 189.00 45.00 54.00 288.00 $ 771.75 $ 1.059.75 45.00 324.00 542.25 911.25 $ 1.971.00 Sales Cost of goods sold Gross profits Operating expenses: Selling expenses General and administrative expenses Depreciation and amortization expense Nezuko Inc. Statement of Comprehensive Income For the Year Ended December 31, 2020 Total operating expense Net operating income (EBIT or earnings before interest and taxes) Interest expense Earnings before taxes Income taxes Net Income Additional Information: Dividends paid to stockholders during 2020 Number of common shares outstanding Earnings per share (EPS) Dividends per share $ (90.00) (67.50) (135.00) (Expressed in millions, except per share data) 2,700.00 $ (2,025.00) 675.00 S $ S S $ SS $ $ (292.50) 382.50 (67.50) 315.00 (110.25) 204.75 45.00 90.00 2.28 0.50 What is the current ratio of Nezuko Inc.? 2. What is the Acid-test ratio of Nezuko Inc. 3. Compute for the ratio that measures how quickly Nezuko Inc. inventory converted into sales 4. Compute for the ratio that measures Nezuko Inc.'s ability to meet interest payment. 5. Compute for the ratio that measures the margin of sales of Nezuko Inc. is achieving? 6. What is the total asset turnover of Nezuko Inc. * Cash Accounts Receivable Inventory Other current assets Total current assets Gross plant and equipment Less: Accumulated Depreciation Net plant and equipment Total Assets Accounts Payable Accrued expenses Short-term loans Total current liabilities Nezuko Inc. Statement of Financial Position For the Year Ended 2020 Long-term debt Total Liabilities Assets Liabilities and Owner's Equity Common stockholders' equity Common stack-par value Paid in capital Retained earnings Total common stockholders' equity Total liabilities and stockholders' equity (Expressed in 5 milions) $ 90.00 162.00 378.00 13.50 $ 643.50 1,845.00 (517.50) $ 1,327.50 $ 1.971.00 $ 189.00 45.00 54.00 288.00 $ 771.75 $ 1.059.75 45.00 324.00 542.25 911.25 $ 1.971.00 Sales Cost of goods sold Gross profits Operating expenses: Selling expenses General and administrative expenses Depreciation and amortization expense Nezuko Inc. Statement of Comprehensive Income For the Year Ended December 31, 2020 Total operating expense Net operating income (EBIT or earnings before interest and taxes) Interest expense Earnings before taxes Income taxes Net Income Additional Information: Dividends paid to stockholders during 2020 Number of common shares outstanding Earnings per share (EPS) Dividends per share $ (90.00) (67.50) (135.00) (Expressed in millions, except per share data) 2,700.00 $ (2,025.00) 675.00 S $ S S $ SS $ $ (292.50) 382.50 (67.50) 315.00 (110.25) 204.75 45.00 90.00 2.28 0.50
Expert Answer:
Answer rating: 100% (QA)
Current Ratio Current Assets Current Liabilities Current Assets Cash Accounts Recei... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
1.A firm has net working capital of $1,100 and current liabilities of $2,800. What is the current ratio? .98 2.56 .39 .72 1.39 Question 2 1.Top Sound, Inc., has total assets of $212,000, a...
-
Clark Industries faces a choice between paying out $150 million cash through a share repurchase, and investing the $150 million in Treasury securities paying 5% interest for one year. If shareholders...
-
The following situations represent errors and irregularities that can occur in financial statements. Required: Your requirement is to state how the ratio in question would compare (greater, equal, or...
-
The table shows the fees for refund anticipation loans (RALs) offered by an online tax preparation firm. Find the annual rate of interest for each of the following loans. Assume a 360-day year. (A) A...
-
What are the total return, the current yield, and the capital gains yield for the discount bond? (Assume the bond is held to maturity and the company does not default on the bond.)
-
Quick print Services operate several franchises, where it prints brochures, business cards, and stationery. It plans to sell 80 jobs next week, at an average cost of $52 each. Its weekly expenses are...
-
In pushing a \(0.024-\mathrm{kg}\) dart into a toy dart gun, you have to exert an increasing force that tops out at \(6.0 \mathrm{~N}\) when the spring is compressed to a maximum value of \(0.12...
-
Pablo has a $63,000 basis in his partnership interest. On May 9 of the current tax year, the partnership distributes to him, in a proportionate nonliquidating distribution, cash of $25,000, cash...
-
What should you consider when preparing the load/client?
-
A pipe-pump assembly is being considered by a farmer for use in irrigating a field during summer. There is an underground water well that is 75 m deep. The well is an open-hole type in which the free...
-
3. In chart we have illustrated the development of the Euro Area (HICP - harmonized index of consumer prices, IR of MRO - interest rate of the main refinancing operations, GDP gross domestic product,...
-
If an elevated AD account gets deleted due to inactivity (stale), can it be restored? a) Yes, all AD accounts can be restored. b) No, all AD accounts must be re-created once they are deleted. c) No,...
-
Under ASPE, a reduction in the value of __________ may be accomplished through the use of a future tax valuation allowance account. Select answer from the options below a future tax liability only a...
-
Begin to develop your budget, identifying the expenses that your proposed solution will have in the following categories. Start to research and explain the costs related to the expenses. Include...
-
Despus de iniciarse el proceso con la Noticia criminis, cul es el paso que lo secunda? Seleccione una: Se hace llamar al procesado para entablar un dilogo entre l y la vctima y llegar a un acuerdo....
-
What do you identify as your national background, racial group, and ethnic identity? Are you the product of a rural or urban environment? What values are typical of that region? Where did your...
-
Calculate the WACC for Aya Ltd, using the following: Debt : 5,000 outstanding, 6% semi-annual coupon bonds, with 25 years to maturity and selling for 105; Common Stock : 175,000 shares outstanding,...
-
On 1 July 2021, Croydon Ltd leased ten excavators for five years from Machines4U Ltd. The excavators are expected to have an economic life of 6 years, after which time they will have an expected...
-
Derive the version of Eq. (11.49) for n = 2.
-
The BouguerBeer law (sometimes called the LambertBeer law or Beers law) states that A = alc, where A is the of a solution, defined as log10 (I0/I ), where I0 is the incident intensity of light at the...
-
Find the Cartesian coordinates of the point whose cylindrical polar coordinates are = 25.00, = 60.0 , z = 17.50
-
Go to the Web site for the Software Engineering Institute of Carnegie Mellon University at https://resources.sei.cmu.edu/asset_files/SpecialReport/1994_003_001_16265.pdf and access the software...
-
The majority of the project budget is expended upon: a. Project plan development. b. Project plan execution. c. Project termination. d. Project communication.
-
Which of the following is the most critical component of the triple constraint? a. Time, then cost, then quality. b. Quality, then budget, then time. c. Scope. d. They are all of equal importance...
Study smarter with the SolutionInn App