Century 21 Accounting Multicolumn Journal
11th Edition
ISBN: 9781337679503
Author: Gilbertson
Publisher: Cengage
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Your assistant has gone to lunch before completing his task, which was to calculate the P/E ratio for Bollymonster Toys Inc. All he has left you is the following financial information. What is Bollymonster's P/E? (Round to one decimal place.)
Bollymonster Toys Inc.Selected Financial Information
Debt
$2000
Cash
$200
#Shares Outstanding
200
Stock Price
$13.00
EV-to-EBITDA
7
Depreciation Expense
$70
Interest Expense
$110
Income Taxes
$100
You are evaluating the balance sheet for Goodman Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $400,000, accounts receivable = $1,200,000, inventory = $2,100,000, accrued wages and taxes = $500,000, accounts payable = $800,000, and notes payable = $600,000.
Calculate Goodman Bees' net working capital. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar amount.)
You are working as the finance manager for SamCo Ltd. The following data is available for the company as of 31 June 2021:
Sales
$2,586,500
Cost of goods sold
752,000
Wages and salary
125,750
Selling Expenses
45,300
Insurance expense
2,500
Utilities
12,500
Interest payment
48,050
Depreciation Expense
32,000
Corporate Tax
30%
Required:
Calculate operating profit, tax payment and build an income statement for the company?
The company’s Management Board required you to prepare a report about capital structure of the company. Name at least 4 financial ratios and their formulas, of which you need to discuss about financial leverage of the company in the report?
Calculate the net profit margin (NPM) and total assets of the company given total assets turnover is 1.3. Also, Calculate accounts receivable turnover of the company, given average accounts receivable is $98,000, assuming all sales are on credit?
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