Week5WileyPLUSSupportingCalculations

Week5WileyPLUSSupportingCalculations - Show the supporting...

  • Homework Help
  • tabatha212006
  • 7
  • 80% (5) 4 out of 5 people found this document helpful

Info icon This preview shows pages 1–7. Sign up to view the full content.

Show the supporting calculations used to arrive at the dollar amount entered online for the net Net increase in cash = cash from 2014 - cash from 2013 Cash 2014 124432 Cash 2013 74536 49896 Increase
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

increase in cash.
Image of page 2
Show supporting calculations for the dollar amounts entered online for the cash recei Cash Received from Customers = Total Sales - Increase in AR 558789 Payments to Suppliers = Cost of Goods Sold + Inventory Increase - Increase in AP 182176 Cash Payments for Operating Expenses = Operating Expenses + Prepaid Expenses + Accrued Expense 31862
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

ived from customers, payments to suppliers, and cash payments for operating expens es Payable
Image of page 4
ses.
Image of page 5

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Show the supporting calculations for the ratios entered online for parts (a) - (n). EPS = net income / average outstanding common shares 3.52 Return on Equity = Net Income/Shareholder's Equity
Image of page 6
Image of page 7
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 38.83% Return on Assets = Net Income / Total Assets 21.59% Current Ratio = Current Assets / Current Liabilities 1.82 AR Turnover = Net Credit Sales / Average AR 16.25 Average Collection Period = Days x AR / Credit Sales 22.46 Inventory Turnover = Sales / Inventory 8.67 Days in Inventory = 365 / Inventory Turnover 42.10 Times Interest Earned = Income before Interest or Taxes / Interest Expense 13.55 Asset Turnover = Sales or Revenues / Total Assets 1.28 Debts to Assets = Total Liabilities / Total Assets 42.44% Current Cash Debt Coverage = Net Cash by Operating Activities / Average Cu 1.19 Cash Debt Coverage = Cash Provided by Operating Activities / Average Total 0.57 Free Cash Flow = Cash From Operations - Capital Expenitures 48537.00 urrent Liabilities l Liabilities...
View Full Document

  • Spring '12
  • Rob
  • Balance Sheet, Generally Accepted Accounting Principles, cash debt coverage

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern