ASSETS Cash & Marketable Securities Accounts Receivable Inventories Other Current Assets Total Current Assets Machinery & Equipment Land Buildings Depreciation Property, Plant & Equip. - Net Other Long Term Assets Total Long-Term Assets Total Assets Table 2: Hillside, Inc. Income Statement ($ in Millions) Revenue Cost Of Goods Sold Gross Profit Operating Expenses: Selling, General & Admin. Depreciation Operating income Interest Other Expense (Income) Income Before Taxes Income Taxes Net Income Number of Common Stock Shares Outstanding Table 3: Financial Performance Calculations Liquidity Ratios Current Ratio (times) Quick Ratio (times) Average Payment Period (days) Asset Management Ratios Total Asset Turnover (times) Average Collection Period (days) Inventory Turnover (times) No data No data No data No data 3,645.20 Other Current Liabilities 116.60 Total Current Liabilities 5,165.27 LIABILITIES 449.90 Accounts Payable 954.80 Salaries Payable 1,688.90 1,129.70 2,348.40 28,681.10 20.768.80 7,912.30 (575.60) SHAREHOLDER'S EQUITY 4,591.40 Common Stock No data No data 120.90 Retained Earnings 4,712.30 No data No data 5,980.80 307.30 1,624.20 Other Liabilities 9,877.57 Total Liabilities & Equity (13.10) 1,637.30 Total Liabilities 618.10 1,019.20 1,032,271 Total Shareholder's Equity Answers Input the current ratio. Input the quick ratio. Input the average payment period. Input the total asset turnover. Input the average collection period. Input the inventory turnover. 1,611.20 225.20 1,118.80 2,955.20 693.40 3,648.60 828.50 5.401.70 6,230.20 9,878.80
ASSETS Cash & Marketable Securities Accounts Receivable Inventories Other Current Assets Total Current Assets Machinery & Equipment Land Buildings Depreciation Property, Plant & Equip. - Net Other Long Term Assets Total Long-Term Assets Total Assets Table 2: Hillside, Inc. Income Statement ($ in Millions) Revenue Cost Of Goods Sold Gross Profit Operating Expenses: Selling, General & Admin. Depreciation Operating income Interest Other Expense (Income) Income Before Taxes Income Taxes Net Income Number of Common Stock Shares Outstanding Table 3: Financial Performance Calculations Liquidity Ratios Current Ratio (times) Quick Ratio (times) Average Payment Period (days) Asset Management Ratios Total Asset Turnover (times) Average Collection Period (days) Inventory Turnover (times) No data No data No data No data 3,645.20 Other Current Liabilities 116.60 Total Current Liabilities 5,165.27 LIABILITIES 449.90 Accounts Payable 954.80 Salaries Payable 1,688.90 1,129.70 2,348.40 28,681.10 20.768.80 7,912.30 (575.60) SHAREHOLDER'S EQUITY 4,591.40 Common Stock No data No data 120.90 Retained Earnings 4,712.30 No data No data 5,980.80 307.30 1,624.20 Other Liabilities 9,877.57 Total Liabilities & Equity (13.10) 1,637.30 Total Liabilities 618.10 1,019.20 1,032,271 Total Shareholder's Equity Answers Input the current ratio. Input the quick ratio. Input the average payment period. Input the total asset turnover. Input the average collection period. Input the inventory turnover. 1,611.20 225.20 1,118.80 2,955.20 693.40 3,648.60 828.50 5.401.70 6,230.20 9,878.80
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 4PB
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