Tara-Anderson-week 8 excell assignment

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

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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' Equi 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.
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Common-Size Balance Sheet Stay-Trim Tone-Up Company Company 44% 20% 4 23 42 43 6 9 4 5 100% 100% ity 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
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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. Current ratio: 2008 Cash 50,000 Accounts receivable (net) 300,000 Inventory 380,000 Prepaid expenses 30,000 Total current assets 760,000 Accounts payable 120,000 Total Assets
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Wages, interest, and dividends payable 25,000 Income tax payable 29,000 Miscellaneous current liabilities 10,000 Total current liabilities
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This note was uploaded on 05/29/2011 for the course EC 2011 taught by Professor Johnson during the Spring '11 term at FIT.

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

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