Tara-Anderson-week 8 excell assignment

Tara-Anderson-week 8 excell assignment - 1 Tara Anderson...

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Tara Anderson 31-Dec-08 Assets Current assets Long-term investments Land, buildings, and equipment (net) Intangible assets Other assets Total assets Liabilities and Stockholders' Equit Current liabilities Long-term liabilities Deferred revenues Total liabilities Preferred stock Common stock Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 2 Put your explanation below: Stay-Trim Company has more current assets then Tone-Up Compan their assets. Stay-Trim Company has lower liabilities but higher stoc liabilities and lower stockholders' equity.
Image of page 1

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

View Full Document Right Arrow Icon
Common-Size Balance Sheet Stay-Trim Tone-Up Company Company 44% 20% 4 23 42 43 6 9 4 5 100% 100% ty 13% 15% 22 25 4 6 39% 46% 4% 9% 26 16 22 15 9 14 61% 54% 100% 100% ny, and Tone-Up Company is doing better at distributing ckholders' equity, and Tone-Up Company has higher
Image of page 2
22-42 Tara Anderson 1a. Return on equity: 2008 No-par common, $10 stated value 500,000 Additional paid-in capital 510,000 Retained earnings 196,000 Total equity 1,206,000 Net Income 180,000 Total equity 1206000 Return on equity 14.90% b. Return on sales: 2008 Net Income 180,000 Net Sales 1400000 Return on sales 12.80% c. Asset turnover: 2008 Net Sales 1400000 Total Assets 1700000 Asset turnover 0.82 d. Assets-to-equity ratio: 2008 1700000 Total equity 1206000 Assets-to-equity ratio 1.41 e. Return on assets: 2008 Net Income 180,000 Total Assets 1700000 Return on assets 10.59% f.
Image of page 3

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

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ 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