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Tarea 2.1 Estados de ingresos y gastos de una sola etapa o de etapas multiples
Administración de Empresas, NUC University ACCO 1050-3162ONL – Introducción a la Contabilidad II
Profesora Naomi Méndez Centeno, MAcc
13 de mayo de 2023
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Related Questions
1-What will be the net income?
a.
72000
b.
56000
c.
16000
d.
338000
Clear my choice
Question 43
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Marked out of 1.00
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Question text
What will be the Gross Profit at the end of the year December 2019
a.
OMR 56000
b.
OMR 16000
c.
OMR 338,000
d.
OMR 336,000
2-What is the Gross Margin in terms of Percentage?
a.
16.66
b.
16.56
c.
Cannot be determined
d.
20.66
3-What will be the total operating expense?
a.
21500
b.
53200
c.
41200
d.
19700
4-What will be the total Selling and distribution expense?
a.
41200
b.
19700
c.
14800
d.
17200
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hapter 15, 16, and 17
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Isaac Incorporated began operations in January 2024. For some property sales, Isaac recognizes income in the period of sale for financial
payments.
reporting purposes. However, for income tax purposes, Isaac recognizes income when it collects cash from the buyer's installment
In 2024, Isaac had $712 million in sales of this type. Scheduled collections for these sales are as follows:
2024
$ 68 million
2025
148 million
233.53
2026
147 million
2027
170 million
pped
179 million
eBook
eferences
2028
$ 712 million
Assume that Isaac has a 25% income tax rate and that there were no other differences in income for financial statement and tax purposes.
Ignoring operating expenses, what deferred tax liability would Isaac report in its year-end 2024 balance sheet?
Note: Round your answer to the nearest whole million.
MC
Graw
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Life-Positive’s Account Balances 2021 ($) 2022 ($)
accounts payable 24,600.00 21,250.00Accounts receivable 15,700.00 12,340.00Cash 23,450.00 28,600.00Cost of goods sold 19,700.00 23,000.00Depreciation 3,090.00 4,590.00Dividends 5,800.00 10,800.00Interest 2,340.00 2,890.00Inventory 7,050.00 8,640.00Long-term debt 28,000.00 30,000.00Net fixed assets 41,500.00 48,000.00Other expenses 2,400.00 2,800.00Sales 58,000.00 62,500.00Short-term Notes Payable 2,890.00 2,340.00Shares outstanding 85,000.00 90,000.00
tax rate is 32%
4. Calculate the cash flow from assets, cash flow to creditors,and cash flow to stockholders…
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19
Determine the amount of the Earned Income Credit in each of the following cases. Assume that the person or persons are eligible to
take the credit. Use Table 9-3.
Required:
Calculate the credit using the formulas.
Note: For all requirements, do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.
1
1
a. A single person with earned income of $5,180 and no qualifying children.
b. A single person with earned income of $24,200 and two qualifying children.
c. A married couple filing jointly with earned income of $36,060 and one qualifying child.
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Return on Total Assets
A company reports the following income statement and balance sheet information for the current year:
Net income
$382,880
Interest expense
67,570
Average total assets
5,850,000
Determine the return on total assets. If required, round the answer to one decimal place.
%
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Return on Total Assets
A company reports the following income statement and balance sheet information for the current ye
Net income
$382,880
Interest expense
67,570
Average total assets
5,850,000
Determine the return on total assets. If required, round the answer to one decimal place.
6.5
X %
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Y Check My Work
Divide the sum of net income and interest expense by average total assets.
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CALCULATE THE EBITDA
For the year ended December 31,
Notes
2020
2019
Revenue
₱ 10,775,731.00
₱ 11,334,976.00
Cost of Sales
7,175,540.00
7,552,700.00
Gross profit
3,600,191.00
3,782,276.00
General and Administrative expenses
3,278,202.00
3,417,740.00
Finance Cost Or Interest Expense
48,000.00
16,000.00
Net Income before Tax
273,989.00
348,536.00
Provision for Income Tax
82,197.00
104,561.00
NET INCOME AFTER TAX
₱ 191,792.00
₱ 243,975.00
(See Notes to Financial Statement)
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om/ilm/takeAssignment/takeAssignmentMain.do?invo... A
Net income
X CengageNOWV2 | Online teachin X +
Interest expense
Fiscal Year 3
$146,200
3,000
anteay
M
Fiscal Year 3
Fiscal Year 2
Fiscal Year 1
Total assets (at end of fiscal year)
$3,232,667
$2,945,905
$3,398,445
1,220,347
1,196,181
866,833
Total stockholders' equity (at end of fiscal year)
Assume the apparel industry average return on total assets is 8.0%, and the average return on stockholders' equity is 15.0 % for the year ended
April 2, Year 3.
a. Determine the return on total assets for East Point for fiscal Years 2 and 3. Round to one decimal place.
Fiscal Year 3
Fiscal Year 2
b. Determine the return on stockholders' equity for East Point for fiscal Years 2 and 3. Round to one decimal place.
Fiscal Year 3
Fiscal Year 2
c. The return on stockholders' equity is
the return on total assets due to the
use of leverage.
d. During fiscal Year 3, East Point's results were,
compared to the industry average. The return on total…
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The following information relates tD Cullumber Weigel Co, for the year 2020.
Retained earnings, January 1.2020
147,000
Advertsing
pense
$6.300
Dividends paid during 2020
21.000
Rentepensd
36,400
Service revenue
222,600
Ualities expense
10,850
Salaries and wages expense
105.700
Other conpréhensive income
1610
After analyzing the data, prepare an income staterment for the year 2020,
CULLUMBER WEIGEL CO.
Income Statement
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Required information
Knowledge Check 01
The records of Pippins, Incorporated, included the following information:
Net sales
475,000
Gross margin
Interest expense
Income tax expense
Net income
000'0
000'0
Compute the times interest earned ratio, rounded to the nearest decimal.
O 4.8
O 6.4
O7.4
O 20.0
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2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignments... A
Determine the following measures for 2018.
Round ratio values to one decimal place and dollar amounts to the nearest cent. For number of days' sales in receivables and number of
days' sales in inventory, round intermediate calculations to the nearest whole dollar and final amounts to one decimal place. Assume
there are 365 days in the year.
1. Working capital
Г
2,790,000
2.
Current ratio
4.1
3. Quick ratio
2.5
4.
Accounts receivable turnover
16
5. Days' sales in receivables
22.8
days
6.
Inventory turnover
7. Days sales in inventory
8. Debt ratio
days
%
9. Ratio of liabilities to stockholders' equity
10.
Ratio of fixed assets to long-term liabilities
11. Times interest earned
times
times
12.
Times preferred dividends earned
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Jacquiline is unmarried and age 32. Even though she participates in an employer sponsored retirement plan, Jacquiline contributed
$3,000 to a traditional IRA during the year. Jacquiline files as a head of household, her AGI before the contribution is $43,000, and her
marginal tax rate is 12 percent. (Use Exhibit 13-8)
What is the after-tax cost of her $3,000 traditional IRA contribution?
After-tax cost
$
2,350
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lal Acc
CO
ng-20201
am ACCT301 Fall 2020/2021 (Sections 1, 2, and 81)
19
Revenue has a credit balance of OMR 15,000 in Muscat Co. if the dosing entry will made at the year end,
ved
The entry to close Revenue is:
it of
Select one:
O a debit Income Summary OMR20,000, credit Revenue OMR20,000
Ob. debit Revenue OMR15,000, credit Ahmad Capital OMR15,000
Oc debit Revenue OMR15,000, credit Income Summary OMR15,000.
d. debit Income Summary OMR15,000, credit Revenue OMR15,000
Clear my choice
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ch Resultein
education.com/ext/map/index.html?_con3con&external browser=0&laundchUrl%=https%253A%252F%252FIms.mheducat
ork: Assignment 2 i
panes
Otis Company's income statement information folloWS:
Year 3
Year 2
Net sales
000ʻ08$
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000'18
000'6
000'008
000'ozeS
000'86
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Income before interest and taxes
Net income after taxes
Interest expense
Stockholders' equity, December 31 (Year l: $200,000)
Common stock, December 31
240,000
The average number of shares outstanding was 9,600 for Year 3 and 8,000 for Year 2.
Required
Compute the following ratios for Otis for Year 3 and Year 2.
a. Number of times interest was earned. (Round your answers to 2 decimal places.)
b. Earnings per share based on the average number of shares outstanding. (Round your answers
c. Price-earnings ratio (market prices: Year 3, $64 per share; Year 2, $78 per share). (Round interm
answers to 2 decimal places.)
d. Return on average equity. (Round your answers to 2 decimal places. (i.e.,…
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Question 1The following information was extracted from the financial statement of Barryfor the year ended 31 December 2020.
RMSales 437,500Opening inventories 17,500Closing inventories 26,250Cost of sales 262,500Other income 3,750Expenses 61,250Current liabilities 47,250Trade receivables 39,375Bank 8,750Cash 31,500Required:(a) Show the formulae and compute the value of the following for Barry:(i) Purchases(ii) Gross profit(iii)Net Profit
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ect Assignment
The preliminary 2024 income statement of Alexian Systems, Incorporated, is presented below:
ALEXIAN SYSTEMS, INCORPORATED
Income Statement.
For the Year Ended December 31, 2024
($ in millions, except earnings per share)
Revenues and gains:
Sales revenue
Interest revenue
Other income
Total revenues and gains.
Expenses:
Cost of goods sold
Selling and administrative expense
Income tax expense
Total expenses
Net Income
Earnings per share
$ 435
6
128
569
247
158
41
446
$123
$ 12.30
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Additional information:
1. Selling and administrative expense includes $28 million in restructuring costs.
2. Included in other income is $120 million in income from a discontinued operation. This consists of $90 million in operating
income and a $30 million gain on disposal. The remaining $8 million is from the gain on sale of investments.
3. Cost of Goods Sold in 2024 includes an increase of $10 million to correct an understatement of Cost of Goods Sold in 2023. The
amount is material.…
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Fixed Asset Turnover Ratio
Financial statement data for years ending December 31 for Xiong Company follow:
Year 2
Year 1
Sales
$1,560,000
$1,026,000
Fixed assets:
Beginning of year
580,000
500,000
End of year
620,000
580,000
a. Determine the fixed ass
nover ratio for Year 1 and Year 2. Round your answers to one decimal place.
Fixed asset turnover
Year 1
ET
Year 2
b. Does the change in the fixed asset turnover ratio from Year 1 to Year 2 indicate a favorable or an unfavorable change?
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What is the revenue earned from award credits for 2022?
*see attached
a. P 0b. P 28,000c. P 36,000d. P 116,000
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SCORE:
SECTION:
PROFESSOR:
Problem #21
Preparation of Financial Statements
2019:
Accounts Payable
Accounts Receivable
Accumulated Depreciation-Equipment
Allowance for Uncollectible Accounts
Cash
Calamba, Capital
Calamba, Drawing
Equipment
Transportation In
General Expenses (control)
Interest Expense
Merchandise Inventory, December 31
Notes Payable
Prepaid Insurance
P 677,820
545,070
462,870
18,790
132,310
612,000
326,400
753,150
224,880
149,390
35,000
1,320,420
299,000
7,350
5,407,160
43,050
259,600
499,600
Purchases
Purchases Discounts
Purchases Returns and Allowances
Santiago, Capital
Santiago, Drawing
Sales
Sales Returns and Allowances
244,800
7,155,000
375,750
385,880
Selling Expenses (control)
There were no changes in the partners' Capital accounts during the year. The
merchandise inventory at the beginning of the year was P1,440,590. The partnership
agreement provides for salary allowances of P330,000 for Calamba and P290,000 for
Santiago. It also stipulates an interest allowance…
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Required information
Problem 17-6AA (Algo) Income statement computations and format LO A2
[The following information applies to the questions displayed below.]
Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year-end December 31
follow. Assume that the company's income tax rate is 40% for all items.
a. Interest revenue
b. Depreciation expense-Equipment
c. Loss on sale of equipment
d. Accounts payable
e. Other operating expenses
f. Accumulated depreciation-Equipment
g. Gain from settlement of lawsuit
h. Accumulated depreciation-Buildings
i. Loss from operating a discontinued segment (pretax)
j. Gain on insurance recovery of tornado damage
k. Net sales
1. Depreciation expense-Buildings
m. Correction of overstatement of prior year's sales (pretax)
n. Gain on sale of discontinued segment's assets (pretax)
o. Loss from settlement of lawsuit
p. Income tax expense
q. Cost of goods sold.
Problem 17-6AA (Algo) Part 4
4. What is the amount of…
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keAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator=&inprogress%3false
Update
44
Rockhill Corporation operates a women's clothing boutique. Its taxable income for the current year is $60,000. What is Rockhill's income tax liability?
Oa. $12,600
Ob. $15,000
Oc. $6,000
Od. S-0-
Oe. $9,000
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Pachel corpolatian re Ports the
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General Accounting I 2020-2021 Fall Term Final Exam (page 18 of 25)-Google Chrome
a.tr/mod/quiz/attempt.php?attempt=361811&cmid=180187&page=17
MSKÜ-LMS
1807 ŞB: 1 ÖRGÜN General Accounting I İktisadi ve Idari Bilimler Fakültesi İktisa
8
A credit sale of $3,600 is made on July 15, terms 2/10, n/30, on which a return of $200 is granted on July 18. What amount is received as payment in full on July 247
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O d. $3,400
Önceki sayfa
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What amount of income will Pinta record during 20y4 under the cost method of accounting?
A.12,800
B. 9,200
C. 15,600
D. 3,600
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JUmoFzSg/form Response?pli=1
Income Statement: The income statement of Fairoz store Inc. is given for the
years 2020 & 2019.
2020
2019
General and administrative expenses
21,600
1,500
24,000
1,500
Interest expense
Net sales
$136.400
$138,000
Selling Expense
11.660
12,720
Income taxes
$1.023.0
5,230
COGS
99.000
95,000
Gain on Sale of land
770
450
1. What is the operating profit margin for the company over the years 2020 and
2019 respectively?"
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A credit sale of $3800 is made on April 25, terms 1/10, n/30, on which a return of $300 is granted on April 28. What amount is received
as payment in full on May 4?
$3465
• $3800
• $3500
Ⓒ $3762
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SIS AND DESIGN OF-2020/2019-3-3
ACCOUNTING INFORMATION SYSTE
Summer Semster
ANALYSIS AND DESIGN OF ACCOUNTING INFORMATION SYSTEMS(2)-1-2020
الامتحان النصفي
Which entity is most likely to be part of both the payroll cycle
Pand the expenditure cycle
اختراحد الخيارات
a. Disburse Cash
8.
b. Receive Goods
.c. Inventory o
12
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Continuation:
B. Income Satement
CupEat Est. 2024
Ayeesha Amanoddin, Xyza Biruar, Shiela Daproza, Keion Gecosala, Tish Gonzales, Erynn Gunsi, Maajid Kundo, Prince Mandaragon, Xandrea Ontoy, Sharifkasnur Sampulna, Alfiya Sapal, Amir Sinsuat, and Bianca Tumayao
Projected Income Statement
Particulars
Amount
Gross Sales
Php 10,800
Less:
Direct Materials
Php 3,389.22
Direct Labor
Php. 0.00
Overhead Expenses
Php 1,280.00
Total Manufacturing Cost
Php 4669.22
Gross Profit
Php 6,130.00
Less: Selling and Administrative
Expense
Php 0.00
Net Profit
Php 5517.00
Kindly summarize everything
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pter 15, 16, and 17
Saved
p%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q
Help Save & E
payments.
Isaac Incorporated began operations in January 2024. For some property sales, Isaac recognizes income in the period of sale for financial
reporting purposes. However, for income tax purposes, Isaac recognizes income when it collects cash from the buyer's installment
In 2024, Isaac had $621 million in sales of this type. Scheduled collections for these sales are as follows:
2024
$ 61 million
2025
121 million
2026
131 million
2027
152 million
2028
156 million
$ 621 million
Assume that Isaac has a 25% income tax rate and that there were no other differences in income for financial statement and tax purposes.
Note: Round your answer to the nearest whole million.
Ignoring operating expenses and additional sales in 2025, what deferred tax liability would Isaac report in its year-end 2025 balance sheet?
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- 1-What will be the net income? a. 72000 b. 56000 c. 16000 d. 338000 Clear my choice Question 43 Not yet answered Marked out of 1.00 Flag question Question text What will be the Gross Profit at the end of the year December 2019 a. OMR 56000 b. OMR 16000 c. OMR 338,000 d. OMR 336,000 2-What is the Gross Margin in terms of Percentage? a. 16.66 b. 16.56 c. Cannot be determined d. 20.66 3-What will be the total operating expense? a. 21500 b. 53200 c. 41200 d. 19700 4-What will be the total Selling and distribution expense? a. 41200 b. 19700 c. 14800 d. 17200arrow_forwardhapter 15, 16, and 17 Saved education.com%252F#/activity/q Help Save & E Isaac Incorporated began operations in January 2024. For some property sales, Isaac recognizes income in the period of sale for financial payments. reporting purposes. However, for income tax purposes, Isaac recognizes income when it collects cash from the buyer's installment In 2024, Isaac had $712 million in sales of this type. Scheduled collections for these sales are as follows: 2024 $ 68 million 2025 148 million 233.53 2026 147 million 2027 170 million pped 179 million eBook eferences 2028 $ 712 million Assume that Isaac has a 25% income tax rate and that there were no other differences in income for financial statement and tax purposes. Ignoring operating expenses, what deferred tax liability would Isaac report in its year-end 2024 balance sheet? Note: Round your answer to the nearest whole million. MC Graw Type here to search Multiple Choice # 2 3 W E R 4. S Z Alt C 85 00 9:25 PM High winds soon ^ la 4»)…arrow_forwardLife-Positive’s Account Balances 2021 ($) 2022 ($) accounts payable 24,600.00 21,250.00Accounts receivable 15,700.00 12,340.00Cash 23,450.00 28,600.00Cost of goods sold 19,700.00 23,000.00Depreciation 3,090.00 4,590.00Dividends 5,800.00 10,800.00Interest 2,340.00 2,890.00Inventory 7,050.00 8,640.00Long-term debt 28,000.00 30,000.00Net fixed assets 41,500.00 48,000.00Other expenses 2,400.00 2,800.00Sales 58,000.00 62,500.00Short-term Notes Payable 2,890.00 2,340.00Shares outstanding 85,000.00 90,000.00 tax rate is 32% 4. Calculate the cash flow from assets, cash flow to creditors,and cash flow to stockholders…arrow_forward
- 19 Determine the amount of the Earned Income Credit in each of the following cases. Assume that the person or persons are eligible to take the credit. Use Table 9-3. Required: Calculate the credit using the formulas. Note: For all requirements, do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. 1 1 a. A single person with earned income of $5,180 and no qualifying children. b. A single person with earned income of $24,200 and two qualifying children. c. A married couple filing jointly with earned income of $36,060 and one qualifying child. A Q W 2 é F2 Z S X 2 command 3 11 80 F3 E D C 4 I 888 F4 R F 5 ( V FS T G 6 to con § B ** Y H 7 è 84 F7 U N Earned Income Credit 8 ! J DII FB I ? I 9 Ç K DD 0 0.0 à L A F10 command P ) M 9 F11 A option % បarrow_forwardengageNOWv2 | Online teachin X * CengageNOWv2 | Online teachin x+ com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre.. * eBook Show Me How Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $382,880 Interest expense 67,570 Average total assets 5,850,000 Determine the return on total assets. If required, round the answer to one decimal place. % Check My Work 67°F Sarrow_forwardCengageNOWv2 | Online teachin X * CengageNOWv2 | Online teachin x+ v.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker%3D&takeAssignmentSessionLocator=&inp Return on Total Assets A company reports the following income statement and balance sheet information for the current ye Net income $382,880 Interest expense 67,570 Average total assets 5,850,000 Determine the return on total assets. If required, round the answer to one decimal place. 6.5 X % Feedback Y Check My Work Divide the sum of net income and interest expense by average total assets. Check My Work All work saved. Email Instrarrow_forward
- CALCULATE THE EBITDA For the year ended December 31, Notes 2020 2019 Revenue ₱ 10,775,731.00 ₱ 11,334,976.00 Cost of Sales 7,175,540.00 7,552,700.00 Gross profit 3,600,191.00 3,782,276.00 General and Administrative expenses 3,278,202.00 3,417,740.00 Finance Cost Or Interest Expense 48,000.00 16,000.00 Net Income before Tax 273,989.00 348,536.00 Provision for Income Tax 82,197.00 104,561.00 NET INCOME AFTER TAX ₱ 191,792.00 ₱ 243,975.00 (See Notes to Financial Statement)arrow_forwardHome om/ilm/takeAssignment/takeAssignmentMain.do?invo... A Net income X CengageNOWV2 | Online teachin X + Interest expense Fiscal Year 3 $146,200 3,000 anteay M Fiscal Year 3 Fiscal Year 2 Fiscal Year 1 Total assets (at end of fiscal year) $3,232,667 $2,945,905 $3,398,445 1,220,347 1,196,181 866,833 Total stockholders' equity (at end of fiscal year) Assume the apparel industry average return on total assets is 8.0%, and the average return on stockholders' equity is 15.0 % for the year ended April 2, Year 3. a. Determine the return on total assets for East Point for fiscal Years 2 and 3. Round to one decimal place. Fiscal Year 3 Fiscal Year 2 b. Determine the return on stockholders' equity for East Point for fiscal Years 2 and 3. Round to one decimal place. Fiscal Year 3 Fiscal Year 2 c. The return on stockholders' equity is the return on total assets due to the use of leverage. d. During fiscal Year 3, East Point's results were, compared to the industry average. The return on total…arrow_forwardO NWP Assessiment Player U Appli X education.wiley.com/was/u/v2/assessment-player/indehtmi?launchid=18601d98-edio 4163-98b4-b319630510e/question/8 Hw 1 Question 9 of 9 View Policies Current Attempt in Progress The following information relates tD Cullumber Weigel Co, for the year 2020. Retained earnings, January 1.2020 147,000 Advertsing pense $6.300 Dividends paid during 2020 21.000 Rentepensd 36,400 Service revenue 222,600 Ualities expense 10,850 Salaries and wages expense 105.700 Other conpréhensive income 1610 After analyzing the data, prepare an income staterment for the year 2020, CULLUMBER WEIGEL CO. Income Statement e here to search DOLL F12 Hom SysR F2 F3 F4 F5 F6 F7 F8 F9 F10 F11 144 @ 23 & 2 3 4 6 7 9 W E R T Y U P 4 5 6arrow_forward
- Saved e Quiz: Accounting for Current Liabi... A Required information Knowledge Check 01 The records of Pippins, Incorporated, included the following information: Net sales 475,000 Gross margin Interest expense Income tax expense Net income 000'0 000'0 Compute the times interest earned ratio, rounded to the nearest decimal. O 4.8 O 6.4 O7.4 O 20.0 *********** II F3 F5 F6 F8 F4 #3arrow_forwardClass Collaborate-AC-163-44 P x CengageNOWv2| Online teachin X + 2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignments... A Determine the following measures for 2018. Round ratio values to one decimal place and dollar amounts to the nearest cent. For number of days' sales in receivables and number of days' sales in inventory, round intermediate calculations to the nearest whole dollar and final amounts to one decimal place. Assume there are 365 days in the year. 1. Working capital Г 2,790,000 2. Current ratio 4.1 3. Quick ratio 2.5 4. Accounts receivable turnover 16 5. Days' sales in receivables 22.8 days 6. Inventory turnover 7. Days sales in inventory 8. Debt ratio days % 9. Ratio of liabilities to stockholders' equity 10. Ratio of fixed assets to long-term liabilities 11. Times interest earned times times 12. Times preferred dividends earned Check My Work 8 144 0 P Previous Email Instructor Save and Exr Submit Assignment for Grading pri se…arrow_forwardJacquiline is unmarried and age 32. Even though she participates in an employer sponsored retirement plan, Jacquiline contributed $3,000 to a traditional IRA during the year. Jacquiline files as a head of household, her AGI before the contribution is $43,000, and her marginal tax rate is 12 percent. (Use Exhibit 13-8) What is the after-tax cost of her $3,000 traditional IRA contribution? After-tax cost $ 2,350arrow_forward
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