FUNDAMENTAL ACCT PRIN TEXT+CONNECT CODE
15th Edition
ISBN: 9781265564483
Author: Wild
Publisher: MCG
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Chapter 12, Problem 5BTN
Access the January 14, 2014, filing of the 2013 10-K of Advanced BioEnergy. LLC (look for the unconsolidated statements, on pages 64-66 of the 10-K filing). This company’s business consists of producing ethanol and co-products, including wet, modified, and dried distillers grains and com oil.
- Locate its September 30, 2013,
balance sheet and list the account titles reported in the equity section of that balance sheet. - Locate the members ( partners’) equity section of its balance sheet. How many units of
partnership are issued and outstanding at September 30, 2013 and 2012? - What is the partnership’s largest asset and its amount at September 30, 2013?
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Compute Measures for DuPont Disaggregation Analysis
Use the information below for 2018 for 3M Company to answer the requirements (perform these computations from the perspective of a 3M shareholder).
($ millions)
2017
Sales
Net income, consolidated
Net income attributable to 3M shareholders
Assets
Total equity
Equity attributable to 3M shareholders
a. Compute return on equity (ROE).
Round answer to two decimal places (ex: 0.12345 = 12.35%)
54.6
* %
b. Compute the DuPont model component measures for profit margin, asset turnover, and financial leverage.
• Round profit margin to two decimal places (ex: 0.12345= 12.35%)
• Round asset turnover and financial leverage to three decimal places.
Profit margin 16.33
Asset turnover 0.88
2018
$32,765
5,363
5,349
36,500 $37,987
9,848 11,622
9,796 11,563
* %
Financial leverage 3.73
c. Compute ROA
Round answer to two decimal places (ex: 0.12345= 12.35%)
14.36
* %
x
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$
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Chapter 12 Solutions
FUNDAMENTAL ACCT PRIN TEXT+CONNECT CODE
Ch. 12 - Prob. 1DQCh. 12 - Prob. 2DQCh. 12 - Prob. 3DQCh. 12 - Prob. 4DQCh. 12 - Prob. 5DQCh. 12 - Prob. 6DQCh. 12 - Prob. 7DQCh. 12 - Prob. 8DQCh. 12 - Prob. 9DQCh. 12 - Prob. 10DQ
Ch. 12 - Prob. 11DQCh. 12 - Prob. 12DQCh. 12 - Prob. 1QSCh. 12 - Prob. 2QSCh. 12 - Prob. 3QSCh. 12 - Prob. 4QSCh. 12 - Prob. 5QSCh. 12 - Prob. 6QSCh. 12 - Prob. 7QSCh. 12 - Prob. 8QSCh. 12 - Prob. 1ECh. 12 - Prob. 2ECh. 12 - Prob. 3ECh. 12 - Prob. 4ECh. 12 - Prob. 5ECh. 12 - Prob. 6ECh. 12 - Prob. 7ECh. 12 - Prob. 8ECh. 12 - Prob. 9ECh. 12 - Prob. 10ECh. 12 - Prob. 11ECh. 12 - Prob. 12ECh. 12 - Prob. 1APSACh. 12 - Prob. 2APSACh. 12 - Prob. 3APSACh. 12 - Prob. 4APSACh. 12 - Prob. 5APSACh. 12 - Prob. 1BPSBCh. 12 - Prob. 2BPSBCh. 12 - Prob. 3BPSBCh. 12 - Prob. 4BPSBCh. 12 - Prob. 5BPSBCh. 12 - Prob. 12SPCh. 12 - Prob. 1BTNCh. 12 - Prob. 2BTNCh. 12 - Prob. 3BTNCh. 12 - Prob. 4BTNCh. 12 - Access the January 14, 2014, filing of the 2013...Ch. 12 - Prob. 6BTNCh. 12 - Prob. 7BTNCh. 12 - Prob. 8BTN
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