Calculate Alphabet's 2017 asset turnover and return on assets.
Q: Calculate Alphabet's 2017 asset turnover and return on assets.
A: Meaning of Asset Turnover Asset turnover means the ratio of net sales divided by Average assets. It…
Q: What amount should be recorded as total depreciation for 2021?
A: Depreciation is the amount which is known as the use of the capital assets cost during the year and…
Q: What amount of net gain on biological asset should be reported in the current year?
A: Assets can be either fixed or the non-current asset which depends upon the duration and life of the…
Q: How are the total depreciation and final book value are calculated?
A: Depreciation: Depreciation refers to the reduction in the monetary value of a fixed asset due to its…
Q: What is the calculation for return on assets (ROA)? Explain what ROA measures?
A: ROA is the abbreviation used for Return on Assets. It a common accounting term and this is usually…
Q: for information on MACRS depreciation.) What is the required net investment, and what are the year 1…
A: Net Investment= Cost of equipment + freight and installation cost= 900000+100000=1000000 The net…
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A: there are different measurement devices that are used- historical cost current cost net realizable…
Q: Valuation of assets. Using the information provided in the following table, find the value of each…
A: Here, To Find: Value of each asset =?
Q: MAKE AN INTERPRETATION AND ANALYSIS FOR THIS TABLE BELOW. I WILL UPVOTE. THANK YOU 2020 Formula…
A: ASSET TURN OVER RATIO :- Asset turn over ratio is an efficiency ratio that measure and help analyse…
Q: Accounting Property and equipment, at cost, consisted of the following: December 31,…
A: Fixed assets means those assets which is used for the business purpose for many year to come and…
Q: What is the comparison (analysis) of the Fixed Asset Turnover Ratio of Industry Average Ratio and…
A: Financial ratios are the measures that are used by various analysts, corporations, and investors for…
Q: r 2020, these are sections Asset Type Date of purchase Cost Useful life from the date of…
A: Assets: When a company expects to derive the benefits in the form of a cash stream over a long…
Q: The analysis of Total Asset Turnover is as follows: 2015: 0.15 2016: 0.14 2017: 0.20 2018: 0.14…
A: Asset turnover(T/O) ratio: It is the amount of sales or revenue that is derived from the entity’s…
Q: showed the following selected asset balances on Dec 31, 2020
A: Working notes:- Depreciation on building…
Q: If a company has asset classes that include short-term and long-term investments, what criteria…
A: Cash Equivalents The short term investments that can be easily converted into cash in the business…
Q: What costs should be included when measuring the total cost to acquire a long-term asset?
A: Long-term assets: The assets which are used to generate revenue for the business operations for a…
Q: How much should be the carrying amount of the wasting assets at December 31 of next year?
A: Depletion refers to the allocation or expense of extracting natural resources from the surface of…
Q: Define return on total assets.
A: Financial Ratios: Financial ratios are the metrics used to evaluate the liquidity, capabilities,…
Q: What is the relationship of the asset turnover to the return on assets?
A:
Q: What is the DuPont method of analysis and how does it break down return on assets
A: Given : This question tells about the DuPont method of analysis and how does it break down return on…
Q: What is the correct total asset turnover ratio
A: Introduction:- Ratio analysis is used to identify financial performance of the company. Financial…
Q: Which of the following transactions and events would result in a deterioration in Net Tangible Asset…
A: Tangible assets are which can be touch felt and can be seen, Whereas intangible assets we cannot…
Q: Which of the following ratios measures short-term solvency? a. Current ratio b.…
A: Ratio analysis: It is the financial analysis tool for measuring the profitability, liquidity,…
Q: What does the rate of return on total assets measure, and how is it calculated?
A:
Q: Why does the depreciation included in computing the annual cost of annual worth method but not in…
A: Depreciation is a separate provision for fixed assets. Fixed amount is charged out of profit during…
Q: What are the Asset Management Ratios for the periods 2019,2020 and 2021?
A: Asset management ratios 1. Average sales per/day = Net sales / 365 2. Inventory turnover ratio =…
Q: REQUIRED: How much should PINK report as current assets on December 31, 2021?
A: Solution Concept Cash set aside is termed as restricted cash and if it is restricted for long term…
Q: Required: Compute the following balances as of year end 2021. Net Investment in Capital Assets…
A: Capital asset can be defined as the fixed assets held by the business organization which helps to…
Q: orts of prope
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Q: How much is the additional loss, related to the return of the asset to its original classification…
A: Held for Sales How to account for non-current assets held for sale is described in IFRS 5…
Q: What is the first impact on asset turnover of promptly expensing a cash outlay compared to…
A: The Answer :
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Q: How much must be shown as current asset (cost of uncompleted contract in excess of billings) in the…
A: Current Assets are the group of assets held by the business or a company for the purpose of regular…
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A: The question is based on the concept of Financial Accounting.
Q: Using the double-declining-balance method, depreciation for 2022 would be:
A: This is a method of Depreciation where Depreciation expense decreases with age of Asset. Higher…
Q: What categories of property, plant, equipment, and intangible assets does Targetreport in its…
A: Balance sheet is statement of assets and liabilities as on a particular date
Q: What are the advantages of using the Dupont System to analyze the Return on Assets
A: Dupont analysis is one that helps the firm to analyze the fundamental performance of the firm. It is…
Q: Is there somewhere online that I can learn how amortization of intangible assets is re-figured for…
A: Answer:- Amortization may be a process through which the value of an asset is charged over a…
Q: Which of the following disclosures must be included in the notes to the financial statements?
A: In the notes to financial statement, methods used in computing depreciation for all each major class…
Q: how much is the depreciation expense for 2024 using SYD depreciation method?
A: Depreciation means allocation of cost of asset over the useful life of the asset.
Q: Compute the accounting rate of return for this investment; assume the company uses straight-line…
A:
Q: MAKE A BASIS AND DISCUSSION ON THE EFFICIENCY RATIO OF NESTLE (ASSET TURNOVER, INVENTORY TURNOVER,…
A: Efficiency ratios are the ratios that are calculated to check the efficiency of the organization or…
Q: Calculate the asset efficiency - receivables turnover ratios, inventory turnover ratios, fixed asset…
A: Receivable Turnover ratio = Revenue/Receivables 2019 = 5,655,661/2,515,982 = 2.248 2020 =…
Q: End of year a. Determine the as Asset turnover
A:
Q: How much are the depreciation expenses for the year 2019
A: The depreciation expense is calculated on right to use of assets. The Right to use of assets…
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A: Following is the answer to the given question
Q: Find the Fixed Asset 2018:
A: The fixed assets refer to the long-term assets owned by the entity. long-term assets like land,…
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- The 2017 annual report of Tootsie Roll Industries contains the following information. (in millions) December 31, 2017 0000 December 31, 2016 Total assets $930.9 $920.1 Total liabilities 197.1 208.6 Net sales 515.7 517.4 Net income 80.7 67.2 Instructions Compute the following ratios for Tootsie Roll for 2017. a. Asset turnover. b. Return on assets. c. Profit margin on sales. d. How can the asset turnover be used to compute the return on assets?The 2017 Annual Report of Tootsie Roll Industries contains the following information. (in millions) December 31, 2017 December 31, 2016 Total assets $930.9 $920.1 Total liabilities 197.1 208.6 Net sales 515.7 517.4 Net income 80.7 67.2 Compute the following ratios for Tootsie Roll for 2017. (a) Asset turnover (Round answer to 3 decimal places, e.g. 0.851 times.) enter the asset turnover rounded to 4 decimal places times (b) Return on assets (Round answer to 2 decimal places, e.g. 4.87%.) enter the return on assets in percentages rounded to 2 decimal places % (c) Profit margin on sales (Round answer to 2 decimal places, e.g. 4.87%.) enter the profit margin on sales in percentages rounded to 3 decimal places %BE11-10 In its 2011 annual report, Campbell Soup Company reports beginning-of-the-year total assets of $6,276 million, end-of-the-year total assets of $6,862 million, total sales of $7,719 million, and net income of $805 million. (a) Compute Campbell's asset turnover. (b) Compute Campbell's profit margin on sales. (c) Compute Campbell's return on assets using (1) asset turnover and profit margin and (2) net income.
- The following information is provided for Cullumber Company and Bramble Corporation. (in $ millions) Cullumber Company Bramble Corporation Net income 2022 $125 $370 Net sales 2022 1310 4520 Total assets 12/31/20 1070 2040 Total assets 12/31/21 1055 3150 Total assets 12/31/22 1170 4100 What is Cullumber's asset turnover for 2022?The following information is provided for Sunland Company and Culver Corporation. (in $ millions) Sunland Company Culver Corporation Net income 2022 $155 $405 Net sales 2022 1595 4530 Total assets 12/31/20 1040 2130 Total assets 12/31/21 1260 3020 Total assets 12/31/22 1165 4100 What is Sunland's asset turnover for 2022? (Round answer to 2 decimal places, e.g. 15.20.) 0.68 times 1.32 times 0.25 times 3.94 timesUse the following selected 2016 balance sheet and income statement information for Home Garden Supply Co. (in millions) to compute asset turnover (AT) to the nearest hundredth of a percent. Net income Gross profit on sales Average total assets Sales Tax rate on operating profit $69,960 $700,400 $360,600 $1,356,504 35% Question 24 options: A) 3.76 B) 5.17 C) 0.27 D) 17.30
- Nvidia Corporation, a global technology company located in Santa Clara, California, reported the followinginformation in its 2016 financial statements ($ in millions):2016 2015Balance sheetsProperty, plant, and equipment (net) $ 466 $557Income statementNet sales for 2016 $5,010Required:1. Calculate the company’s 2016 fixed-asset turnover ratio.2. How would you interpret this ratio?Use the following information from Eiffel Company’s financial statements. 2018 IncomeStatement BalanceSheets Sales $309,000 Cost of Goods Sold (145,000) Operating Expenses, other than Depreciation Expense (27,000) Depreciation expense (16,000) Gain on Sale of Plant Assets 16,000 Net Income $137,000 Dec. 31,2018 Accounts Receivable $45,300 Inventory 1,600 Accounts Payable 22,500 Accured Liabilities 900 Dec. 31, 2017 Accounts Receivable $22,250 Inventory 1,800 Accounts Payable 22,250 Accured Liabilities 1,150 Prepare the operating activities section of the statement of cash flows (indirect method) for the year 2018. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments. Eiffel Company Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2018 Operating…The following condensed information was reported by Peabody Toys, Inc., for 2018 and 2017:($ in thousands)2018 2017Income statement informationNet sales $5,200 $4,200Net income 180 124Balance sheet informationCurrent assets $ 800 $ 750Property, plant, and equipment (net) 1,100 950Total assets $1,900 $1,700Current liabilities $ 600 $ 450Long-term liabilities 750 750Paid-in capital 400 400Retained earnings 150 100Liabilities and shareholders’ equity $1,900 $1,700Required:1. Determine the following ratios for 2018:a. Profit margin on salesb. Return on assetsc. Return on shareholders’ equity2. Determine the amount of dividends paid to shareholders during 2018.This exercise is based on the Peabody Toys, Inc., data from E 4–27.
- Use the following excerpts from Victrolia Company’s financial information. 2018 Income Statment Balance Sheets Sales $475,000 Cost of Goods Sold (221,500) Operating Expenses, other thanDepreciation Expense (60,600) Depreciation Expense (21,000) Gain on Sale of Plant Assets 23,500 Net Income $195,400 Dec. 31,2018 Cash $347,450 Accounts Receivable 39,750 Inventory 33,000 Accounts Payable 17,550 Accured Liabilities 3,500 Dec. 31, 2017 Cash $133,500 Accounts Receivable 36,500 Inventory 35,000 Accounts Payable 19,550 Accured Liabilities 2,200 Additional Information: Plant assets were sold for $45,000; book value $16,500 Dividends of $22,000 were declared and paid Cash Flow from Financing Activities: $Dividends Paid I just need the answer on dividends answer box?Use the following excerpts from Victrolia Company’s financial information. 2018 Income Statment Balance Sheets Sales $455,000 Cost of Goods Sold (221,500) Operating Expenses, other thanDepreciation Expense (58,600) Depreciation Expense (20,000) Gain on Sale of Plant Assets 23,500 Net Income $178,400 Dec. 31,2018 Cash $329,450 Accounts Receivable 39,750 Inventory 31,000 Accounts Payable 17,550 Accured Liabilities 3,500 Dec. 31, 2017 Cash $133,500 Accounts Receivable 36,500 Inventory 35,000 Accounts Payable 19,550 Accured Liabilities 2,200 Additional Information: Plant assets were sold for $45,000; book value $16,500 Dividends of $24,000 were declared and paid Prepare a statement of cash flows (direct method) for the year 2018. Use the minus sign to indicate cash out flows, a decrease in cash or cash payments. Victrolia CompanyStatement of…Unusual income statement items Assume that the amount of each of the following items is material to the financial statements. Classify each item as either normally recurring (NR) or unusual (U) items. If unusual item, then specify if it is a discontinued operations item (DO). a. Interest revenue on notes receivable. b. Gain on sale of segment of the company's operations that manufactures bottling equipment. c.Loss on sale of investments in stocks and bonds. d. Uncollectible accounts expense. e. Uninsured flood loss. (Hood insurance is unavailable because of periodic Hooding in the area.)