Shelton, Inc., has sales of $23 million, total assets of $20.5 million, and total debt of $7.9 million. Assume the profit
margin is 12 percent.
What is the company's net income?
What is the company's ROA?
What is the com
Billys Exterminators, Inc., has sales of $589,000, costs of $278,000, depreciation expense of $30,000, interest
expense of $25,000, and a tax rate of 35 percent.
What is the net income for this firm?
The income statement
First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City Bank pays 6
percent interest compounded annually.
If you made a $63,000 deposit in each bank, how much more money would you earn from your Second City Bank
A company has net income of $199,000, a profit margin of 7.8 percent, and an accounts receivable balance of
$138,370. Assuming 75 percent of sales are on credit, what is the companys days sales in receivables?
Days' sales in receivables
KCCO, Inc., has current assets of $5,000, net fixed assets of $23,000, current liabilities of $3,500, and long-term
debt of $7,900.
What is the value of the shareholders equity account for this firm?
How much is net working c
During 2014, Raines Umbrella Corp. had sales of $700,000. Cost of goods sold, administrative and selling
expenses, and depreciation expenses were $500,000, $110,000, and $75,000, respectively. In addition, the company
had an interest expense of $86,000 an
Prepare a 2015 balance sheet for Cornell Corp. based on the following information: cash = $144,000; patents and
copyrights = $630,000; accounts payable = $221,000; accounts receivable = $110,000; tangible net fixed assets =
$1,660,000; inventory = $301,50
The Caughlin Company has a long-term debt ratio of .37 and a current ratio of 1.50. Current liabilities are $930,
sales are $6,350, profit margin is 9.6 percent, and ROE is 19.8 percent. What is the amount of the firms net fixed
Net fixed assets
The most recent financial statements for Schenkel Co. are shown here:
SDJ, Inc., has net working capital of $3,640, current liabilities of $5,430, and inventory of $4,290.
What is the current ratio?
What is the quick ratio?
Using the formula for NWC, we get:
You are given the following information for Dawn Corp.:
Decrease in inventory
Decrease in accounts payable
Increase in notes payable
Increase in accounts receivable
Did cash go up or down? By how much?
Cash increased by $ 285 .