ACC318 Module Six Assignment Template

A B C E 1 Year Asset Value 2 2001 192,793 3 2003 224,803 4 2004 202,542 5 2005 199,643 6 2007 219,446 7 2010 213,776 8 2011 245,293 2013 231,390 2015 269,319 2017 310,521 2020 354,112 Instructions: In the "Forecast" area below the data, use the FORECAST. LINEAR function to predict the value of the asset in the given years. Start in Cell D14. For the value of x, select the cell containing the year we want to forecast (cell C14). The "Known Ys" are the known asset values, and the "Known Xs" are the known years. Select the corresponding data ranges as absolute references. Copy the formula down to all years. In the "Round up Forecast" area below the data, combine the ROUND and FORECAST.LINEAR functions to predict the value of the asset in the given years. Imbed the FORECAST.LINEAR function (exactly the same criteria as above) within the ROUND function. Return values rounded to the nearest thousand dollars. 10 11 12 13 14 Forecast: 2021 15 2025 16 2030 17 2035 18 19 Round up forecast: 2021…

VitalSource Account Center: Use X chapter05/4/2/28/6/40/2/2/4 G Sign in - Google Accounts Determine the future value of the following single amounts: 1234 Invested Amount $15.000 20,000 30,000 50,000 Interest Rate 6% 8 12 4 No. of Periods 12 ខសង 10 20 12 QA Aug 13, 2023, 12:15 PM

Question 5 of 5 View Policies Current Attempt in Progress Suppose in its 2025 annual report that McDonald's Corporation reports beginning total assets of $28.46 billion, ending total assets of $30.22 billion, net sales of $22.74 billion, and net income of $4.55 billion. (a) Compute McDonald's return on assets. (Round return on assets to 2 decimal places, e.g. 5.12%.) McDonald's return on assets % (b) Compute McDonald's asset turnover. (Round asset turnover to 2 decimal places, e.g. 5.12.) McDonald's asset turnover times

O Cambridge Busines P Module 11 I Financial Statement Forecasting LO2 M11-12. Forecast an Income Statement SATE OLOGY STX) SEAGATE TECHNOLOGY PLC Consolidated Statement of Income For Year Ended June 28, 2019, $ millions BC $10,390 Revenue. 7,458 Cost of revenue 991 Product development Marketing and administrative Amortization of intangibles. Restructuring and other, net. 453 23 (22) Total operating expenses. 8,903 Income from operations. 1,487 Interest income 84 Interest expense Other, net (224) 25 Other expense, net. (115) Income before incorne taxes (Benefit) provision for income taxes 1,372 (640) Net income.. $ 2,012 Forecast Seagate's 2020 income statement assuming the following income statement relations (ST Revenue growth. Cost of revenue Product development Marketing and administrative Amortization of intangibles. Restructuring and other, net, Interest income... Interest expense. Other, net Income tax rate. 5% 71.8% of revenue 9.5% of revenue 4.4% of revenue No change $0 No…

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Question 9 0.75 pts What is the amount of Net sales on the CONSOLIDATED STATEMENTS OF INCOME of TRACTOR SUPPLY for 2023. CONVERT the number presented in the CONSOLIDATED STATEMENTS OF INCOME to actual dollars. TRACTOR SUPPLY presents its financial statements in thousands of dollars. For example, if the Net sales amount shown is 5,324, then multiply 5,324 by $1,000 and enter 5324000. Enter numbers only; DO NOT enter a dollar sign ($) or commas (.). Question 10 0.75 pts What is the amount of Net income shown on the CONSOLIDATED STATEMENTS OF INCOME of TRACTOR SUPPLY? CONVERT the number presented on the CONSOLIDATED STATEMENTS OF INCOME to actual dollars. TRACTOR SUPPLY presents its financial statements in thousands of dollars. For example, if the Net income balance shown is 5,324, then multiply 5,324 by $1,000 and enter 5324000. Enter numbers only; DO NOT enter a dollar sign ($) or commas (.).

Pls help fast sir pls with explanation also

Brief Exercise 170 Using these data from the comparative balance sheet of Banner Company, perform vertical analysis. (Round answers to 1 decimal place, e.g. 15.2.)         December 31, 2020         December 31, 2019       Amount   Percentage     Amount   Percentage   Accounts Receivable   $ 480,000     %   $ 336,000     % Inventory   720,000     %   504,000     % Total Assets   4,000,000     %   2,800,000     %

Janine is 35 and has a good job at a biotechnology company. Janine estimates that she will need $899,000 in her total retirement nest egg by the time she is 65 in order to have retirement income of $27,500 a year. (She expects that Social Security will pay her an additional $17,000 a year.) She currently has $4,000 in an IRA, an important part of her retirement nest egg. She believes her IRA will grow at an annual rate of 9 percent, and she plans to leave it untouched until she retires at age 65. How much money will Janine have to accumulate in her company's 401(k) plan over the next 30 years in order to reach her retirement income goal? Use Exhibit 1-A. (Round time value factor to 3 decimal places. Round intermediate and final answer to 2 decimal places.) 401(k) accumulation

Appendix A Future value of $1, FV, Period 1 2 4 7 8 13 14 D 16 CNN AN ENTRAMAMAMARIN SRANAMANIANRAINAMAMAMANI BENDR MAMA ARATA NINAMAMAMÄNIR İHİBİNİNANSAINANSMAMAN ****** ERMENEMANIN ****** 18 BIRININTEN **** KÜCKMEKAIN ****** RAMAMAMANTE 3*3*3*3 30 40 50 ****** SMART S N Na 2005 1303344 31 1350350 IN 1.010 1.020 1.030 1.041 1.051 1.062 1.083 1.094 1.105 1.116 1.127 1.138 1.149 1.161 1.173 1.184 1.196 1.208 1.220 1.282 1.348 1.489 1.645 1.020 1.040 1.061 1.082 1.104 1.149 1.172 1.195 1,219 1.243 1.268 1.294 1.319 FV = PV(1 +/)" 1.346 1.373 1.400 1.457 1.486 1.641 1.811 2.208 2.692 1.030 1.061 1.093 1.126 1.230 1.267 1.305 1.384 1.426 1.469 1.513 1.558 1.605 1.653 1.702 1.754 1.806 2.094 3.262 4.384 1.040 1.082 1.125 1.170 1.217 1.369 1.423 1.480 1.601 1.665 1.801 1.873 1.948 2.026 2.107 2.191 3.243 4.801 1.050 1.103 1.158 1.340 1.407 1.477 1.710 1.796 1.886 1.980 2.079 2.183 2.292 2.527 2.653 3.386 4.322 7.040 11.467 Percent 1.060 1.124 1.262 1.338 1.419 1.504 1.594 1.689 1.791 1.898…

Question 18 Given: 2019 Sales $216,259 2020 Sales $290,149 2019 Operating Income = $102,258 2020 Operating Income = $174,701 2019 Net Income = $55,852 2020 Net Income = $83,735 Calculate DOL: (Enter your answer with 2 decimal places)

Solve question 1, please

ACC 122 Fall 2020Comprehensive ProjectBestValue Corporation's Trial Balance at December 31, 20XX is presented below.All 20XX transactions have been recorded except for the items described on the next page.Debit CreditCash $ 109,890Accounts Receivable 28,789Inventory 25,540Debt Investments 0Land 55,674Buildings 215,850Equipment 75,120Allowance for Doubtful Accounts $ 1,027Accumulated Depreciation-Buildings 63,306Accumulated Depreciation-Equipment 16,048Accounts Payable 35,278Interest Payable 0Unearned Rent Revenue 48,900Dividends Payable 0Income Tax Payable 0Bonds Payable 0Discount on Bonds Payable 0Common Stock ($2 par) 29,200Paid in Capital in Excess of Par-Common Stock 44,580Preferred Stock ($60 par) 0Paid in Capital in Excess of Par-Preferred Stock 0Retained Earnings 107,904Treasury Stock 0Cash Dividends 0Sales Revenue 776,068Rent Revenue 0Gain on Sale of Land 0Bad Debt Expense 0Interest Expense 0Cost of Goods Sold 478,542Depreciation Expense 0Other Operating Expenses 53,274Salaries…

Question 17 of 20 View Policies Pretax financial income O $385600. O $155200. O $556000. O $756000. $2780000 3780000 - / 1 (5784000) $776000 !!! *** The estimated litigation expense of $3780000 will be deductible in 2025 when it is expected to be paid. Use of the depreciable assets will result in taxable amounts of $1928000 in each of the next 3 years. The income tax rate is 20% for all years. The deferred tax asset at the end of 2024 to be recognized is

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Assume the following sales data for a company: 2023 $966000 2022 871000 2021 696800 If 2021 is the base year, what is the percentage increase in sales from 2021 to 2022? А. 25% В. 139% С. 125% D. 39%

Question Content Area Assuming a 360-day year, when a $15,586, 90-day, 7% interest-bearing note payable matures, total payment will be a.$1,091 b.$16,677 c.$15,859 d.$273

Required Information Problem 12-6B Use ratios to analyze risk and profitability (LO12-3, 12-4) (The following information applies to the questions displayed below.] Income statement and balance sheet data for The Athletic Attic are provided below. THE ATHLETIC ATTIC Incone Statements For the years ended December 31 2022 $12, see, eee 8, 150,eee 4,350,000 2021 Net sales Cost of goods sold Gross profit Expenses: Operating expenses bepreciation expense Interest expense Income tax expense Total expenses $11,0se,000 6,900,000 4,150,000 1,750,eee 200,000 55,000 58e,e00 2,585,000 $ 1,765,000 1,700,000 200, e00 55,000 500,000 2,455,e00 $ 1,695,000 Net incone THE ATHLETIC ATTIC Balance Sheets December 31 2022 2021 2020 Assets Current assets: Cash Accounts receivable Inventory Supplics Long term assets: Equipnent Less: Accumulated depreciation $ 240,000 1,005,000 1,740,000 145,800 170,000 755,000 1,370,000 115,000 234,000 775,00e 1,048,eee 90,000 1,700,000 (75e,00e) 1,700,000 (S5e,000)…

ect Assignment The preliminary 2024 income statement of Alexian Systems, Incorporated, is presented below: ALEXIAN SYSTEMS, INCORPORATED Income Statement. For the Year Ended December 31, 2024 ($ in millions, except earnings per share) Revenues and gains: Sales revenue Interest revenue Other income Total revenues and gains. Expenses: Cost of goods sold Selling and administrative expense Income tax expense Total expenses Net Income Earnings per share $ 435 6 128 569 247 158 41 446 $123 $ 12.30 Saved Help Additional information: 1. Selling and administrative expense includes $28 million in restructuring costs. 2. Included in other income is $120 million in income from a discontinued operation. This consists of $90 million in operating income and a $30 million gain on disposal. The remaining $8 million is from the gain on sale of investments. 3. Cost of Goods Sold in 2024 includes an increase of $10 million to correct an understatement of Cost of Goods Sold in 2023. The amount is material.…

Question 65 Using Financial Statements for 2018-2019. Net assets available to meet preferred claims for 2019 is $8,611,350. TRUE OR FALSE?

Hcs/380 Calculate the 2022 return on assets ratio

Required Information Problem 12-6A Use ratios to analyze risk and profitability (LO12-3, 12-4) (The following information applies to the questions displayed below.] Income staternent and balance sheet data for Virtual Gaming Systems are provided below. VIRTUAL GAMING SYSTEMS Income Statenents For the years ended December 31 2022 $3,560,e00 $3,886,e00 2,490,eee 1,870, eee 2021 Net sales Cost of goods sold Gross profit Expenses: Operating expenses Depreciation expense Loss on sale of land Interest expense Income tax expense Total expenses 1,960,e0e 1,126,000 965,e0e 40,eee 868,000 32,000 9,000 20,000 58,000 23,eee 9,e00 1,837,00e 987,000 $ 139,000 Net income %24 33,ee0 VIRTUAL GAMING SYSTEMS Balance Sheets December 31 2022 2021 2020 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long term assets: Investment in bonds $ 216,000 98,e00 148,000 15,000 $196,000 91,000 115,000 13,000 $154,000 70,000 145,000 7,200 Land Equipment Less: Accumulated depreciation 115,eee…

Shuttle Company issued $1,000,000, three-year, 10 percent bonds on January 1, year 1. The bond interest is paid each December 31, the end of the company's fiscal year. The bond was sold to yield 9 percent. Use Table 9C.1, Table 9C.2. (Round time value factor to 4 decimal places.) Required: 1. Complete a bond payment schedule. Use the effective-interest amortization method. (Make sure that the unamortized discount/premium equals to '0' and the Net Liability equals to face value of the bond in the last period. Interest expense in the last period should be calculated as Cash Interest (+) discount / (−) premium amortized. Round intermediate and final answers to the nearest whole dollar.) Date 1/1/year 1 12/31/year 1 12/31/year 2 12/31/year 3 Interest expense Bonds payable Interest payment Issuance of bonds Payment of bonds Bond Payment Schedule Interest Expense Cash Payment $ 100,000 100,000 100,000 Amortization of Premium 2. What amounts will be reported on the financial statements…

Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 Sales Cost of goods sold Accounts receivable. 2021 $ 706,675 363,004 34,274 2020 2019 $464,918 $ 371,9341 238,808 193, 136 27,058 25,477 2018 $ 260,094 133,898 15,268 2017 $ 194, 100 98,991 13,296 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable.

Required Information Problem 12-6B Use ratios to analyze risk and profitablity (LO12-3, 12-4) (The following information applies to the questions displayed below.] Income statement and balance sheet data for The Athletic Attic are provided below. THE ATHLETIC ATTIC Incore Statements For the years ended December 31 2022 $12,500,800 8,150,eee 4,350,000 2021 Not sales Cost of goods sold Gross profit Expenses: Operating cxpenses Depreciation expense Interest expense Income tax expense Total expenses $11,e5e,000 6,900,000 4,150,000 1,750,000 200,e00 55,000 588, 000 2,585,000 1,700,000 200,800 55,000 500,000 2,455,000 $ 1,695,00e Net income $ 1,765,000 THE ATHLETIC ATTIC Balance Sheets December 31 2022 2021 20z0 Assets Current assets: 0 Cash Accounts receivable Inventory Supplics Long term assets: Equipment Less: Accumulated depreciation 178,000 755,000 1,370,00e 115,000 234,000 775,000 1,040,eee 90,000 240,000 1,005,eee 1,740,000 145,000 1,700,000 (750,000) $4,080,000 1,700,e00 (550,000)…

CP 13–5The following data are taken from the records of Cronkite Corp.:2019$2,5201,890630510$ 1202018$1,440960480430$ 50SalesCost of goods soldGross profitOther expensesNet incomeRequired: Perform horizontal analysis on the above date and interpretyour results

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QUESTION 9 On Dec. 31, 2021, Windsor Mold Co. has disclosed some of the company's financial data: Current Assets: $60 million Long-Term Assets: $140 million Total Net Worth: $125 million Total Long-Term Liabilities: $30 million Calculate the company's Current Ratio =? Current Ratio = 1.50 Current Ratio = 1.25 Current Ratio = 1.67 Current Ratio = 1.33 O Current Ratio = 1.10

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