Atreides International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 52,000 solaris, debt in the amount of 26,000 solaris, and equity of 26.000 solaris. a. If the current exchange ratio is 1.25 solaris per dollar, what does the balance sheet look like in dollars? (Round your answers to 2 decimal places, e.g., 32.16.) Assets Total assets b. Assume that one year from now the balance sheet in solaris is exactly the same as at the beginning of the year. If the exchange rate is 1.30 solaris per dollar, what does the balance sheet look like in dollars now? (Round your answers to the nearest whole number, e.g., 32.) Assets Total assets Balance Sheet Debt Equity Total liabilities and equity Assets c. Assume that one year from now the balance sheet in solaris is exactly the same as at the beginning of the year. If the exchange rate is 1.12 solaris per dollar, what does the balance sheet look like in dollars now? (Round your answers to 2 decimal places, e.g., 32.16.) Total assets Balance Sheet Debt Equity Total liabilities and equity Balance Sheet Debt Equity Total liabilities and equity

Atreides International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 52,000 solaris, debt in the amount of 26,000 solaris, and equity of 26.000 solaris. a. If the current exchange ratio is 1.25 solaris per dollar, what does the balance sheet look like in dollars? (Round your answers to 2 decimal places, e.g., 32.16.) Assets Total assets b. Assume that one year from now the balance sheet in solaris is exactly the same as at the beginning of the year. If the exchange rate is 1.30 solaris per dollar, what does the balance sheet look like in dollars now? (Round your answers to the nearest whole number, e.g., 32.) Assets Total assets Balance Sheet Debt Equity Total liabilities and equity Assets c. Assume that one year from now the balance sheet in solaris is exactly the same as at the beginning of the year. If the exchange rate is 1.12 solaris per dollar, what does the balance sheet look like in dollars now? (Round your answers to 2 decimal places, e.g., 32.16.) Total assets Balance Sheet Debt Equity Total liabilities and equity Balance Sheet Debt Equity Total liabilities and equity

Name: Atreides International has operations in Arrakis. The balance sheet f
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Description: Atreides International has operations in Arrakis. The balance sheet for this division inArrakeen solaris shows assets of 52,000 solaris, debt in the amount of 26,000 solaris.and equity of 26,000 solaris.a. If the current exchange ratio is 1.25 solar

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 57P: Grammatico Company has just completed its third year of operations. The income statement is as...

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Atreides International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 56, 000 solaris, debt in the amount of 14, 000 solaris, and equity of 42, 000 solaris. Assume the equity increases by 1, 700 solaris due to retained earnings. What will the balance sheet look like in arrakeen solaris? (Assets, total assets, debt, equity, total liabilities and equity) If the exchange rate at the end of the year is 1.52 solaris per dollar, what does the balance sheet look like in dollars? (Round your answers to 2 decimal places, e.g., 32.16.)
Norsk Optronics, ALS, of Bergen, Norway, had a current ratio of 2.5 on June 30 of the current year. Onthat date, the company’s assets were:Cash ..................................................... Kr 90,000Accounts receivable, net ...................... 260,000Inventory ............................................... 490,000Prepaid expenses ................................. 10,000Plant and equipment, net ...................... 800,000Total assets .......................................... Kr1,650,000The Norwegian currency is the krone, denoted here by the symbol Kr.Required:1. What was the company’s working capital on June 30?2. What was the company’s acid-test ratio on June 30?3. The company paid an account payable of Kr40,000 immediately after June 30.a. What effect did this transaction have on working capital? Show computations.b. What effect did this transaction have on the current ratio? Show computations.
Denver, Incorporated, has sales of $13 million, total assets of $11 million, and total debt of $6.4 million. Assume the profit margin is 6 percent. a. What is the company's net income? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) b. What is the company's ROA? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the company's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Net income b. ROA % c. ROE %
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Shanghai Corporation, the Chinese affiliate of a U.S manufacturer, has the balance sheet shown below. The current exchange rate is $0.2= CYN1. Balance sheet of shanghai: assets Liabilities and Stockholders’ equity Cash CNY 5,000 Accounts receivables 14,000 Inventories 22,000 Fixed assets net 39,000 Total assets CNY 80,000 Accounts payable CNY 21,000 Long-term debt 27,000 Stockholders’ equity 32,000 Total Liabilities & Stockholders’ equity CNY80,000 Required: 1. If the Chinese Yuan appreciate by 30%, what would be the translation effects under temporal method? 2. If the Chinese Yuan depreciated by 20%, what would be the translation effects under current non-current method?
Blue Birds Inc., has a working capital of $1,250, current liabilities of $4,410, and inventory of $2,070. What is the quick ratio? Round it to two decimal places.
Denver, Incorporated, has sales of $27 million, total assets of $24.9 million, and total debt of $5.7 million. Assume the profit margin is 9 percent. a. What is the company's net income? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) b. What is the company's ROA? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the company's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
SDJ, Inc., has net working capital of $3,550, current liabilities of $5140, and inventory of $4,690. What is the current ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.
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You are evaluating the balance sheet for SophieLex’s Corporation. From the balance sheet you find the following balances: cash and marketable securities = $370,000; accounts receivable = $1,260,000; inventory = $2,160,000; accrued wages and taxes = $530,000; accounts payable = $830,000; and notes payable = $660,000. Calculate SophieLex’s current ratio. (Round your answer to 2 decimal places.) Calculate SophieLex’s quick ratio. (Round your answer to 2 decimal places.) Calculate SophieLex’s cash ratio. (Round your answer to 2 decimal places.)
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Deere Company (DE) manufactures and distributes farm and construction machinery that it sells around the world. In addition to its manufacturing operations, Deeres credit division loans money to customers to finance the purchase of their farm and construction equipment. The following information is available for three recent years (in millions except per-share amounts): 1. Calculate the following ratios for each year. Round ratios and percentages to one decimal place, except for per-share amounts, which should be rounded to the nearest cent. a. Return on total assets b. Return on stockholders' equity c. Earnings per share d. Dividend yield e. Price-earnings ratio 2. Based on these data, evaluate Deeres profitability.