Homework Help is Here – Start Your Trial Now!
Business
Accounting
BALANCE SHEET INCOME STATEMENT ($ in millions) ($ in millions) ASSETS Cash & Marketable Securities LIABILITIES Revenue 28,681.10 Cost Of Goods Sold Accounts Payable Salaries Payable 449.90 1,611.20 20,768.80 Accounts Receivable 954.80 225.20 Gross Profit 7.912.30 Inventories 3,645.20 Other Current Liabilities 1,118.80 Operating Expenses: Selling, General & Admin. Depreciation Operating income 116.60 5,166.50 Other Current Assets Total Current Liabilities 2,955.20 Total Current Assets 5,980.80 Other Liabilities 693.40 307.30 1,688.90 1,129.70 2,348.40 (575.60) Machinery & Equipment Land 1,624.20 Total Liabilities 3,648.60 Buildings Depreciation Property, Plant & Equip. - Net Other Long Term Assets Total Long-Term Assets Interest SHAREHOLDER'S EQUITY Other Expense (Income) (13.10) 4,591.40 120.90 Common Stock 828.50 Income Before Taxes 1,637.30 Retained Earnings 5,401.70 Income Taxes 618. 10 4,712.30 Total Shareholder's Equity 6,230.20 Net Income 1,019.20 Total Assets 9,878.80 Total Liabilities & Equity 9,878.80 Number of Common Stock Shares Outstanding 1,032,271 Input Answers Below Financial Performance Summary LIQUIDITY RATIOS Current Ratio (times) Quick Ratio (times) Average Payment Period (days) ASSET MANAGEMENT BATIOS Total Asset Turnover (times) Average Colleotion Period (days) Inventory Turnover (times) FINANCIAL LEVERAGE RATIOS Total Debt to Total Assets Equity Multiplier (times) PROFITABILITY RATIOS Operating Profit Margin Net Profit Margin Return on Total Assets Return on Equity Earnings per Share IIII

BALANCE SHEET INCOME STATEMENT ($ in millions) ($ in millions) ASSETS Cash & Marketable Securities LIABILITIES Revenue 28,681.10 Cost Of Goods Sold Accounts Payable Salaries Payable 449.90 1,611.20 20,768.80 Accounts Receivable 954.80 225.20 Gross Profit 7.912.30 Inventories 3,645.20 Other Current Liabilities 1,118.80 Operating Expenses: Selling, General & Admin. Depreciation Operating income 116.60 5,166.50 Other Current Assets Total Current Liabilities 2,955.20 Total Current Assets 5,980.80 Other Liabilities 693.40 307.30 1,688.90 1,129.70 2,348.40 (575.60) Machinery & Equipment Land 1,624.20 Total Liabilities 3,648.60 Buildings Depreciation Property, Plant & Equip. - Net Other Long Term Assets Total Long-Term Assets Interest SHAREHOLDER'S EQUITY Other Expense (Income) (13.10) 4,591.40 120.90 Common Stock 828.50 Income Before Taxes 1,637.30 Retained Earnings 5,401.70 Income Taxes 618. 10 4,712.30 Total Shareholder's Equity 6,230.20 Net Income 1,019.20 Total Assets 9,878.80 Total Liabilities & Equity 9,878.80 Number of Common Stock Shares Outstanding 1,032,271 Input Answers Below Financial Performance Summary LIQUIDITY RATIOS Current Ratio (times) Quick Ratio (times) Average Payment Period (days) ASSET MANAGEMENT BATIOS Total Asset Turnover (times) Average Colleotion Period (days) Inventory Turnover (times) FINANCIAL LEVERAGE RATIOS Total Debt to Total Assets Equity Multiplier (times) PROFITABILITY RATIOS Operating Profit Margin Net Profit Margin Return on Total Assets Return on Equity Earnings per Share IIII

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 16MCQ
See similar textbooks
icon
Related questions
Question
BALANCE SHEET INCOME STATEMENT ($ in millions) ($ in millions) ASSETS Cash & Marketable Securities LIABILITIES Revenue Cost Of Goods Sold 28,681. 10 Accounts Payable Salaries Payable 449.90 1,611.20 20,768.80 Accounts Receivable 954.80 225.20 Gross Profit 7.912.30 Inventories 3,645.20 Other Current Liabilities 1,118.80 Operating Expenses: Selling, General & Admin. Depreciation Operating income Other Current Assets Total Current Assets 116.60 5,166.50 Total Current Liabilities 2,955.20 5,980.80 Other Liabilities 693.40 307.30 1,688.90 1,129.70 2,348.40 (575.60) Machinery & Equipment Land 1,624.20 Total Liabilities 3,648.60 Buildings Depreciation Property, Plant & Equip. - Net Other Long Term Assets Total Long-Term Assets Interest SHAREHOLDER'S EQUITY Other Expense (Income) (13.10) 4,591.40 120.90 828.50 5.401.70 1,637.30 618.10 1,019.20 Common Stock Income Before Taxes Retained Earnings Total Shareholder's Equity Income Taxes 4,712.30 6,230.20 Net Income Total Assets 9,878.80 Total Liabilities & Equity 9,878.80 Number of Common Stock Shares Outstanding 1,032,271 Input Answers Belov Financial Performance Summary LIQUIDITY RATIOS Current Ratio (times) Quick Ratio (times) Average Payment Period (days) ASSET MANAGEMENT BATIOS Total Asset Turnover (times) Average Colleotion Period (days) Inventory Turnover (times) FINANCIAL LEVERAGE RATIOS Total Debt to Total Assets Equity Multiplier (times) PROFITABILITY RATIOS Operating Profit Margin Net Profit Margin Return on Total Assets Return on Equity Earnings per Share
Transcribed Image Text:BALANCE SHEET INCOME STATEMENT ($ in millions) ($ in millions) ASSETS Cash & Marketable Securities LIABILITIES Revenue Cost Of Goods Sold 28,681. 10 Accounts Payable Salaries Payable 449.90 1,611.20 20,768.80 Accounts Receivable 954.80 225.20 Gross Profit 7.912.30 Inventories 3,645.20 Other Current Liabilities 1,118.80 Operating Expenses: Selling, General & Admin. Depreciation Operating income Other Current Assets Total Current Assets 116.60 5,166.50 Total Current Liabilities 2,955.20 5,980.80 Other Liabilities 693.40 307.30 1,688.90 1,129.70 2,348.40 (575.60) Machinery & Equipment Land 1,624.20 Total Liabilities 3,648.60 Buildings Depreciation Property, Plant & Equip. - Net Other Long Term Assets Total Long-Term Assets Interest SHAREHOLDER'S EQUITY Other Expense (Income) (13.10) 4,591.40 120.90 828.50 5.401.70 1,637.30 618.10 1,019.20 Common Stock Income Before Taxes Retained Earnings Total Shareholder's Equity Income Taxes 4,712.30 6,230.20 Net Income Total Assets 9,878.80 Total Liabilities & Equity 9,878.80 Number of Common Stock Shares Outstanding 1,032,271 Input Answers Belov Financial Performance Summary LIQUIDITY RATIOS Current Ratio (times) Quick Ratio (times) Average Payment Period (days) ASSET MANAGEMENT BATIOS Total Asset Turnover (times) Average Colleotion Period (days) Inventory Turnover (times) FINANCIAL LEVERAGE RATIOS Total Debt to Total Assets Equity Multiplier (times) PROFITABILITY RATIOS Operating Profit Margin Net Profit Margin Return on Total Assets Return on Equity Earnings per Share
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Balance Sheet Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
SEE MORE TEXTBOOKS