CHAPTER 18 WORKPAPERS

CHAPTER 18 WORKPAPERS - Name Section Date BE18-1 Chapter 18...

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943 Name Chapter 18 Brief Exerc Section Date Uncle Fr BE18-1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40
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943 cises rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40
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944 Name Chapter 18 Brief Exercises Contin Section Date Drew Carey Corpora BE18-2 1 (a) 2 3 4 5 6 7 8 9 10 (b) 2007 2008 2009 11 Current assets 12 13 14 2007 2008 2009 15 Current assets 16 17 18 19 20 2007 2008 2009 21 Current ratio 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40
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944 nued ation 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40
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945 Name Chapter 18 Brief Exercises Contin Section Date Horizontal Analysis Increase or (Decrease) BE18-3 Dec. 31, 2009 Dec. 31, 2008 Amount Percentage 1 Accounts receivable 2 Inventory 3 Total assets 4 5 6 7 8 9 10 BE18-4 Vertical Analysis 11 Dec. 31, 2009 Dec. 31, 2008 12 Amount Percentage Amount Percentage 13 Accounts receivable 14 Inventory 15 Total assets 16 17 18 19 20 21 22 23 BE18-5 24 2009 2008 2007 25 Net income 26 27 28 29 Increase (Decrease) 30 Amount Percentage 31 (a) 2007 - 2008 32 (b) 2008 - 2009 33 34 35 36 37 38 39 40
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945 nued 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40
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946 Name Chapter 18 Brief Exercises Continued Section Date BE18-6 2009 2008 Increase 1 1 2 Net income $585,000 30% 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 10 10 11 BE18-7 11 12 12 13 13 14 14 15 15 16 16 17 BE18-8 2009 2008 2007 17 18 Sales 100.0 100.0 100.0 18 19 Cost of goods sold 59.2 62.4 64.5 19 20 Expenses 25.0 25.6 27.5 20 21 21 22 22 23 23 24 24 25 25 26 26 27 BE18-9 27 28 (a) Working capital 28 29 29 30 30 31 31 32 32 33 (b) Current ratio 33 34 34 35 35 36 (c ) Acid-test ratio 36 37 37 38 38 39 39 40 40
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947 Name Chapter 18 Brief Exercises Contin Section Date BE18-10 1 (a) Asset turnover 2 3 4 5 6 (b) Profit margin 7 8 9 10 11 BE18-11 2009 2008 12 (a) (1) Receivables turnover: 13 14 15 16 17 18 (2) Average collection period: 19 20 21 (b) 22 23 24 25 26 BE18-12 2009 2008 27 (a) (1) Inventory turnover: 28 29 30 31 32 33 34 35 36 37 38 (2) Days in inventory: 39 40
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947 nued 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40
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948 Name Chapter 18 Brief Exercises Contin Section Date 1 (b) 2 3 4 5 6 BE18-13 7 Cash dividends: 8 9 10 11 12 13 14 15 16 Average assets: 17 18 19 20 21 22 23 24 25 26 27 28 29 30 BE18-14 31 Ming Corporation 32 Partial Income Statement 33 34 35 36 37 38 39 40 BE18-12 (Continued)
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948 nued 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40
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949 Name Chapter 18 Brief Exercises Conclu Section Date BE18-15 Reeves Corporation Partial Income Statement 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40
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This note was uploaded on 05/01/2008 for the course ACC 2302 taught by Professor Ryan during the Spring '08 term at Angelo State.

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CHAPTER 18 WORKPAPERS - Name Section Date BE18-1 Chapter 18...

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