Chapter 1, Problem 22E

he information below relates to questions 1 – 16. The following information pertains to Honey Limited. Extract from ledger account balances as at 30 September:     2022 2021   R R Share capital: Ordinary shares 380 500 338 300 Share capital: Preference shares 291 000 264 700 Retained earnings 66 200 48 400 Long-term loan - ABC Bank 88 000 120 000 Land and buildings at cost 623 000 401 000 Machinery and equipment at carrying amount 262 300 222 700 Inventory 83 500 73 000 Trade receivables control 92 700 83 300 Listed investments 110 000 0 Bank 25 200 46 300 Trade payables control 66 500 52 600 SARS (income tax) 63 400 48 700 Dividends payable 46 200 62 000 Dividends receivable 0 0 Accrued expenses (wages) 0 11 400 Prepaid expenses 11 200 4 200 Revenue 805 800   Cost of sales 392 400   Administrative, distribution and other expenses 160 200   Fair value gain on listed investments 8 600   Dividends income 20 800   Loss on sale of machinery…

please see the following financial information for Company A and B respectively.   Company A Company B Total Assets 250 million 300 million Debt (10%) 50 million 180 million Equity 200 million 120 million       Calculate ROE of Company A and Company B when ROA for both of them is12% and 6% respectively.

The financial condition of two companies is expressed in the following accounting equation:    Assets = Liabilities + Common Stock + Retained Earnings Allen $ 12,000 = $ 8,760 + $ 2,760 + $ 480 White $ 18,150 = $ 4,200 + $ 9,750 + $ 4,200 Requiredc. Assume Allen incurs a $6,100 operating loss. The remaining assets are sold for the value shown on the books, and the cash proceeds are distributed to the creditors and investors. How much money will be paid to creditors and how much will be paid to investors?d. Assume White incurs a $6,100 operating loss. The remaining assets are sold for the value shown on the books, and the cash proceeds are distributed to the creditors and investors. How much money will be paid to creditors and how much will be paid to investors?

On the statement of financial position, Hernandez Company had retained earnings of USD 650, 000, but it was disclosed in the footnotes that USD55,000 of retained earnings was restricted for building expansion and USD46,000 was restricted for bond repayments. A total cash of USD70,000 had also been set aside for plant expansion. How much of Hernandez Company's retained earnings are available for dividends?

The assets of BFIN 200 Ltd. consist exclusively of property, plant and equipment (PPE), and current assets.  The firm has total assets of $96,000 and PPE equals $84,000.  It has notes payable of $6,400, in addition to long-term debt of $26,000 and total common equity of $60,000.  The firm finances its needs with debt and common equity and does not have preferred stock on its balance sheet. Calculate the amount of total liabilities and equity on the firm’s balance sheet.         Calculate the balance of current assets on the firm’s balance sheet.            Calculate the balance of current liabilities on the firm’s balance sheet.       Calculate the amount of accounts payable and accruals on the firm’s balance sheet.              Calculate the firm’s net operating working capital.

NNR Inc.'s balance sheet showed total current assets of $1,812,000 plus $4,379,000 of net fixed assets. All of these assets were required in operations. The firm's current liabilities consisted of $498,000 of accounts payable, $350,000 of 6% short-term notes payable to the bank, and $141,000 of accrued wages and taxes. Its remaining capital consisted of long-term debt and common equity. What was NNR's total investor-provided operating capital?   Group of answer choices   $5,829,600 $5,552,000 $4,719,200 $4,996,800 $6,107,200

From the following particulars pertaining to Assets and Liabilities of a company calculate and interpret:   a. Current Ratio; b. Liquidity Ratio; c. Proprietary Ratio; d. Debt-Equity Ratio; e.Capital Gearing Ratio.   Balance Sheet as on 31st December 2020 Liabilities Amount (Rs) Assets Amount (Rs) 5,000 Equity Shares of Rs 10 each    5,00,000.00   Land & Building      5,00,000.00 8%, 2000 Preference Shares of Rs 100 each    2,00,000.00   Plant & Machinery   6,00,000.00 9 % Debentures of Rs 100 each    4,00,000.00   Sundry Debtors   2,00,000.00 Reserves & Surplus  3,00,000.00 Stock 2,40,000.00 Sundry Creditors  1,50,000.00 Cash in hand   55,000.00 Bank Overdraft    50,000.00 Prepaid Expenses    5,000.00                 TOTAL 16,00,000.00 TOTAL 16,00,000.00 don't give hand written answers

Lambda, Inc . presents only the following figures from its balance sheet. You      are to calculate the amounts represented by question marks (?) from the     additional information given: Assets            Cash                                     P 37,500            Accounts Receivable (net)                     ?            Inventory                                      ?            Plant and Equipment (net)                 441,000                                                      P 648,000 Liabilities & Stockholders' Equity            Accounts Payable (Trade)                 P   ?            Income Tax Payable, current                37,500            Long-term Debt                                ?            Common stock                               450,000            Retained Earnings                               ?___                                                       P   ?___   Additional information:      Current ratio, at year-end…

The market value of the equity of Thompson, Inc., is $582,000. The balance sheet shows $21,000 in cash and $192,000 in debt, while the income statement has EBIT of $93,000 and a total of $137,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company?