Question: 1 According to AEB Systems plc financial statements as of June 2016, the firm had current assets of $6.642 billion, non-current assets of $16.521 billion, current liabilities of $11.283 billion, and non- current liabilities of $6.589 billion. What is the value of the shareholders' equity for AEB Systems? How much is the net working capital? Question: 2 As of April 30, 2017, Marcus Tools has assets of $90,000 and liabilities of $22,000. How much is the owner's equity for Marcus Tools as of April 30, 2017?
Q: Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow.…
A: To determine the net income for each year, we used the formula: Net Income = Sales - Cost of Goods…
Q: How much should Bianca's dad invest into a savings account today, to be able to pay for Bianca's…
A: Bianca's Rent Savings1. Calculate the total amount needed for rent over two years:Number of months…
Q: Visnu
A: Step 1: 8) Product-level activities are the activities that are related to the specific product.…
Q: The following information pertains to Flaxman Manufacturing Company for April. Assume actual…
A: Step 1:Answer a.Schedule showing cost of goods manufactured and sold:…
Q: The four people below have the following investments. Invested Amount Interest Rate…
A: Approach to solving the question: For better clarity of the solution, I have attached the Excel…
Q: Ashvinbhai
A: Step 1: Basics:Direct Material Budget-This budget is prepared to estimate the number of units and…
Q: Answer with working+ formula
A: To solve this problem, we need to calculate the overhead cost per machine hour and then multiply it…
Q: The LaChut Company is preparing its cash payments budget. The following items relate to cash…
A: References Vernimmen, P., Quiry, P., & Le Fur, Y. (2022). Corporate finance: theory and…
Q: please answer in text form with introduction , concept , explanation, computation , steps clearly…
A: Let's delve deeper into the explanation of each financial ratio calculation for Weller Corporation:…
Q: ANSWER WITH WORKING + FORMULA
A: To effectively analyze Portsmouth Company's decision-making process regarding paying overtime to its…
Q: Dengar
A: To calculate the allowable depreciation for Evergreen Corporation's assets, we use the Modified…
Q: Quick Computing installed its previous generation of computer chip manufacturing equipment 3 years…
A: Step 1: The calculation of the after-tax cash flow AB1Original cost $ 37.5 2Useful…
Q: am . 222.
A: To calculate the corrected income before tax for Hawks Corp. for the years 2019 and 2020, we need to…
Q: please answer in text with explanation and workings and in proper format
A: Income Statement for Star LtdFor the Year Ended December 31, 2022RevenueSales $640,000Less: Sales…
Q: Equipment acquired on January 8 at a cost of $199,350 has an estimated useful life of 20 years, has…
A: Requirement aStep 1: Compute the annual depreciation Cost 199,350 Residual value…
Q: ! Required information [The following information applies to the questions displayed below.] On…
A: Allocation of Purchase Price Appraised Value % of total appraised value Total Cost of Acquisition…
Q: please answer in text from without copy paste and with all workings explanation , narrations…
A: To solve the problem provided, we need to follow the steps outlined in the instructions: Step 1:…
Q: Hardev
A: Cherrylawn CorporationProfit Variance AnalysisFor the period ended (insert date)Line Item Actual…
Q: None
A: Let's proceed with the calculations.To find the depreciation deductions for each asset, we need to…
Q: T Ltd. (a public corporation) purchased a Class 53 asset for $50,000 in 2023. The undepreciated…
A: To compute the Undepreciated Capital Expense (UCC) toward the finish of 2023 for T Ltd., we really…
Q: A company sells two products with information as follows: Sales price per unit Variable cost per…
A: Approach to solving the question: Detailed explanation:Solution was presented above. Examples: Key…
Q: Please solve this. Don't use Chatgpt please
A: BLOSSOM COMPANY STATEMENT OF CASH FLOWSFor the Year Ended December 31, 2025 (Indirect Method)Cash…
Q: A-1
A: El "Black Scholes Merton Calculator" es una herramienta útil para analizar opciones financieras bajo…
Q: Dharmesh
A: Approach to solving the question:First, I started by calculating the total actual labor cost. I knew…
Q: a contract requires lease payments of $700 at the beginning of every month for 5 years. a. What is…
A: Part 1: Lease Paymentsa. Present Value with Annual CompoundingCalculate Monthly Interest Rate:…
Q: Question: 1 According to AEB Systems plc financial statements as of June 2016, the firm had…
A: 1a. Total Assets = Current Assets + Non-current Assets= 6.642 billion + 16.521 billion= 23.163…
Q: .
A: Approach to solving the question: For better clarity of the solution, I have attached the Excel…
Q: Dineshbhai
A: Let's go through each part step by step.Step-11. Standard labor-hours allowed (SH) to prepare 6,300…
Q: Dineshbhai
A: Requirement AStep 1: Compute the sales of the special offer Selling price per unit of special offer…
Q: Gadubhaai
A: Fair Value AdjustmentWhenever there is change in the fair value of investment, the value is adjusted…
Q: Hardev
A: To compute Terrell's income tax for the taxable year 2023, we need to follow these steps:1.…
Q: None
A: Let's go into more detail about the reconciliation adjustments required for Lorty Inc.'s accounting…
Q: E9-2 (Algo) Preparing Flexible Budget for Manufacturing Costs [LO 9-2] Olive Company makes silver…
A: Per Unit Cost (based on 6,000 units):DM = 600 / 6,000 = 0.10DL = 3,000 / 6,000 = 0.50Variable…
Q: 7
A: Explanation:Certainly! Here's the final answer with explanations for each part:a. Michalis' taxable…
Q: The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below:…
A: Step 1: Net Income shows the total revenue and expenses of the entity for the current period.NET…
Q: answer in text with all working explanation steps correctly for each part and step
A: Answers: Answer (a) To compute the interest, we can use the formula: Interest = Principal * Interest…
Q: Step solution
A: To reconcile the total income from operations without Division II, we first need to sum the income…
Q: Contributions to a Traditional IRA may be tax-deductible depending on the taxpayer's income, tax -…
A: Starting at Youngest Age (62) vs. Delaying:The decision of when to start collecting Social Security…
Q: All details related to an employee's earnings, deductions, and net pay throughout the year would be…
A: The most detailed information on an employee's earnings, deductions, and net pay throughout the year…
Q: describing how incremental analysis might be helpful in your own life.
A: Approach to Solving the Question:Resource Allocation: Consider how incremental analysis helps…
Q: Hiren
A: Average inventory = ( beginning inventory + ending inventory)/2Average inventory =…
Q: provide correct answer
A: Step 1: Goods available for sale UnitsPer unitTotal costBeginning inventory 80$57$4,560Purchases:…
Q: Hardev
A: Following the below table answer ABCDEFG1Answer 2Present value Annuity payment…
Q: Need All answer
A: Given information, Sales revenue = $510,000Sales returns and allowances = $15,000Cost of goods sold…
Q: please answer in text form and in proper format answer with must explanation , calculation for each…
A: Solution 1:Outside purchase cost of switch = $6.50Let X is the minimum number of switch that vista…
Q: QS 23-2 (Algo) Flexible budget cost calculations LO P1 Based on predicted production of 25,100…
A: Variable cost per unit remains the same but varies directly in relation to the volume. Fixed cost,…
Q: please answer in text from without copy paste and with all workings explanation , concept ,…
A: Let's examine the computation in greater depth. We must weigh the beta product's contribution…
Q: This is a more difficult but informative problem. James Brodrick & Sons, Incorporated, is growing…
A: 4. Dividend Payout Ratio Calculation:Once you determine the dividend amount for each year…
Q: Apple Plumbing reports actual returns on plan assets of $200,000, while the expected return was…
A: The increase in the PBO of $24,000 is due to the change in actuarial assumptions from the employee…
Q: Pardo Company produces a single product and has capacity to produce 125,000 units per month. Costs…
A: (a)Attached is the solution we did for the special offer analysis:Notes:for the per unit variable…
Step by step
Solved in 2 steps
- Refine Assumptions for Dividend and Retained Earnings Forecast Provided below is FY2016 information for Medtronic PLC. Medtronic plc Consolidated Statement of Income ($ millions) Apr. 29, 2016 Net sales $29,277 Costs and expenses Cost of products sold 9,142 Research and development expenses 2,224 Selling, general, and administrative expense 9,469 Special charges (gains), net 70 Restructuring charge, net 290 Certain litigation charges, net 26 Acquisition-related items 283 Amortization of intangiable assets 1,931 Other expense, net 107 Operating profit 5,735 Interest expense, net 955 Income from operations before income taxes 4,780 Provision for income taxes 908 Net income $3,872 Medtronic plc Consolidated Balance Sheet ($ millions) Apr. 29, 2016 Apr. 24, 2015 Current assets Cash and cash equivalents $2,975 $4,942 Investments 9,758 14,637 Accounts receivable 5,562 5,112 Inventories 3,473 3,463 Tax assets 697 1,335 Prepaid expenses and other current assets…For years ended December 31 Equity Investee Financial Summary, $ millions 2018 2017 2016 Net sales... Gross margin Net income.. Cummins' share of net income. $7,352 $7,050 $5,654 1,373 1,422 1,182 647 680 499 $ 336 $ 308 $ 260 Royalty and interest income.. 58 49 41 Total equity, royalty and interest from investees... $ 394 $ 357 $ 301 Current assets $3,401 1,449 $3,416 1,379 Noncurrent assets Current liabilities.. Noncurrent liabilities.. Net assets... (2,669) (218) (2,567) (237) $1,963 $1,991 Cummins' share of net assets $1,144 $1,116 a. What assets and liabilities of unconsolidated affiliates are omitted from Cummins' balance sheet as a result of the equity method of accounting for those investments? b. Do the liabilities of the unconsolidated affiliates affect Cummins directly? Explain. c. How does the equity method impact Cummins' ROE and its RNOA components (net operating asset turnover and net operating profit margin)?Question 1 The following table reports IBEX Company's Return on Net Operating Assets (RNOA) ratios for the years 2020 and 2021, and an industry average RNOA Ratio 2020 RNOA 17.83% 2021 16.92% Industry average 19.21% Required: (a) Based on the provided financial statements, calculate IBEX Company's RNOA ratio for the year 2022. (b) Evaluate the company's profitability performance over 2020-2022 periods and compared to the industry average.
- Required:a. Calculate the following ratios for Sweets plc for 2021 and 2020, showing the formulas and workings:1- ROCE2- ROE3- Earnings per share4- Net profit margin5- Asset turnover6- Stock holding days7- Debtors collection period8- Current ratio9- Gearing ratio10- Interest coverRequired:a. Calculate the following ratios for Sweets plc for 2021 and 2020, showing the formulas and workings:4- Net profit margin5- Asset turnover6- Stock holding days7- Debtors collection period8- Current ratio9- Gearing ratio10- Interest coverIf you are told that LSJ Company accounts payable at December 31, 2023 represents 15% of the company's total liabilities on their balance sheet…this would represent an example of what type of analysis: a. Vertical Analysis b. Horizontal Analysis c. Ratio Analysis
- Piag question Applying the Accounting Equation and Calculating Return on Equity and Debt-to-Equity Ratio At the end of 2019, Alphabet, Inc., reported stockholders' equity of $201,442 million and total assets of $275,909 million. Its balance in stockholders' equity at the end of 2018 was $177,628 million. Net income in 2019 was $34,343 million. a. Calculate Alphabet, Inc., return on equity ratio for 2019. (Round your answer to one decimal place.) Note: Enter answer a percent. Round your answer to one decimal place. 72.8 % b. Calculate its debt-to-equity ratio as of December 31, 2019. (Hint: Apply the accounting equation to determine total liabilities.) Note: Enter answer in decimal form. Round your answer to one decimal place. 0Balance Sheet of XYZ Ltd as on 31‐Mar‐2015 and 31‐Mar‐2016 31.03.15 31.03.16 31.03.15 31.03.16 Liabilities Rs Rs. Assets Rs. Rs. Share Capital 14,40,000 19,20,000 Fixed Assets 38,40,000 45,60,000 Capital Reserve --- 48,000 Less: Depreciation (11,04,000) (13,92,000) General Reserve 8,16,000 9,60,000 27,36,000 31,68,000 Profit & Loss Account 2,88,000 3,60,000 Investments 4,80,000 3,84,000 9% Debenture 9,60,000 6,72,000 Cash 4,000 ___ Sundry Creditors & Bills Payable 5,76,000 6,24,000 Sundry Debtors 12,00,000 14,00,000 Proposed Dividend 1,44,000 1,72,800 Stock 1,40,000 1,84,000 Provision for Tax 4,32,000 4,08,000 Preliminary Expenses 96,000 48,000 Unclaimed Dividend ___ 19,200 46,56,000 51,84,000 46,56,000 51,84,000 Additional Information 1. During the year 2015 ‐ 2016, Fixed Assets with a book value of Rs 2,40,000 (accumulated depreciation Rs 84,000) was sold for Rs 1,20,000 2. Provided Rs 4,20,000 as…The _________ is the internal rate of return a firm must earn on its investment in order to maintain the market value of its stock. a. gross profit margin b. IRR c. Cost of Capital d. net profit margin A snapshot from Violet Flowers Ltd.'s financial information reveals the following for years 2018 and 2019: Item 2018 2019 Long Term Debt $4,600,000 $4,900,000 Interest expense $600,500 $870,000 Dividends $400,000 $590,000 Common Stock $1,740,000 $1,815,000 Additional paid-in surplus $4,200,000 $4,500,000 Violet Flowers' FCF for 2019 was: a. $300,000 b. $515,000 c. $785,000 d. $270,000
- Consider the following partial income statements and balance sheets for Lillard Corp. For the year ended December 31, Net income Less income attributable to noncontrolling 5,700 interests Net income attributable to Lillard Corp. 100,400 107,300 Lillard Corp. shareholders' equity Noncontrolling interests Total equity What is Lillard's return on equity for 2024? 11.7% O 11.5% 12.3% 11.9% 2024 2023 108,000 113,000 11.1% 7,600 Dec. 31, 2024 Dec. 31, 2023 861,000 888,000 32,400 30,600 893,400 918,600Analysis and Interpretation of Liquidity and Solvency Balance sheets and income statements for 3M Company follow. 3M COMPANY Consolidated Statements of Income For Years Ended December 31 ($ millions) Net sales Operating expenses Cost of sales Selling, general and administrative expenses Research, development and related expenses Gain on sale of businesses Total operating expenses 16,682 16,055 7,602 6,626 1,821 1,870 (547) (586) 25,558 23,965 Operating income 7,207 7,692 Other expense, net* 207 144 Income before income taxes 7,000 7,548 Provision for income taxes 1,637 2,679 Net income including noncontrolling interest 5,363 4,869 Less: Net income attributable to noncontrolling interest 14 11 Net income attributable to 3M $5,349 $4,858 * Interest expense, gross is $350 million in 2018 and $322 million in 2017. Current assets 3M COMPANY Consolidated Balance Sheets At December 31 ($ millions) Cash and cash equivalents Marketable securities Accounts receivable Total inventories Prepaids…The 2017 financial statements for Armstrong and Blair companies are summarized below: Blair Armstrong Company Company Statement of Financial Position $35,000 40,000 100,000 140,000 85,000 $ 22,000 30,000 40,000 400,000 308,000 Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) Other non-current assets Total assets $ 400,000 $ 800,000 $ 100,000 60,000 150,000 30,000 60,000 $ 50,000 70,000 500,000 110,000 70,000 Current liabilities Long-term debt (10%) Share capital Contributed surplus Retained earnings Total liabilities and shareholders' equity $ 400,000 $ 800,000 Statement of Earnings Sales revenue (1/3 on credit) Cost of sales $ 450,000 (245,000) (160,000) $ 810,000 (405,000) (315,000) Expenses (including interest and income tax) Net earnings $ 45,000 $ 90,000 Selected data from the 2016 statements follows: Prev 1 of 2