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For 2018, GLCE's ROA is   Select one:   a. 12.96%   b. 5.99%   c. 5.55%   O d. 9.62%   e. 13.25%

For 2018, GLCE's ROA is   Select one:   a. 12.96%   b. 5.99%   c. 5.55%   O d. 9.62%   e. 13.25%

Financial Accounting: The Impact on Decision Makers
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter12: The Statement Of Cash Flows
Section: Chapter Questions
Problem 12.2DC
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For 2018, GLCE's ROA is

 

Select one:

 

a. 12.96%

 

b. 5.99%

 

c. 5.55%

 

O d. 9.62%

 

e. 13.25%

A 1 The Great Louisiana Cheese Empire (GLCE) 2 Balance Sheet 3 4 Assets 5 Cash 6 A/R 7 Inventories 8 Total CA 9 Gross FA 10 Less: Deprec. 11 Net FA 12 Total Assets 13 14 Liabilities and Equity 15 A/P 16 Accruals 17 Notes Payable 18 Total CL 19 Long-term debt 20 Common stock 21 Retained earnings Total Equity 22 23 Total L & E 24 25 26 Income Statement 27 28 Sales 29 COGS 30 Other expenses 31 EBITDA > Sheet1 Workbook Statistics B 2019 7,282 632,160 1,287,360 1926802 1,202,950 263,160 939790 2866592 C 2018 57,600 351,200 715,200 1124000 491,000 146,200 344800 1468800 2019 2018 524,160 145,600 489,600 136,000 636,808 200,000 1650568 481600 723,432 323,432 460,000 460,000 32,592 203,768 492592 663768 2866592 1468800 2019 2018 6,034,000 3,432,000 5,528,000 2,864,000 519,988 358,672 -13988 209328 D
Transcribed Image Text:A 1 The Great Louisiana Cheese Empire (GLCE) 2 Balance Sheet 3 4 Assets 5 Cash 6 A/R 7 Inventories 8 Total CA 9 Gross FA 10 Less: Deprec. 11 Net FA 12 Total Assets 13 14 Liabilities and Equity 15 A/P 16 Accruals 17 Notes Payable 18 Total CL 19 Long-term debt 20 Common stock 21 Retained earnings Total Equity 22 23 Total L & E 24 25 26 Income Statement 27 28 Sales 29 COGS 30 Other expenses 31 EBITDA > Sheet1 Workbook Statistics B 2019 7,282 632,160 1,287,360 1926802 1,202,950 263,160 939790 2866592 C 2018 57,600 351,200 715,200 1124000 491,000 146,200 344800 1468800 2019 2018 524,160 145,600 489,600 136,000 636,808 200,000 1650568 481600 723,432 323,432 460,000 460,000 32,592 203,768 492592 663768 2866592 1468800 2019 2018 6,034,000 3,432,000 5,528,000 2,864,000 519,988 358,672 -13988 209328 D
24 25 26 Income Statement 27 28 Sales 29 COGS 30 Other expenses 31 EBITDA 32 Deprec. & Amort. 33 EBIT 34 Interest exp. 35 EBT 36 Taxes (40%) 37 Net Income 38 39 40 Other Data 41 42 No. of shares 43 EPS 44 DPS 45 Stock price 46 Lease PMTs 47 48 49 285 50 51 52 53 54 18 Sheet1 A Workbook Statistics B 2019 2018 6,034,000 3,432,000 5,528,000 2,864,000 519,988 358,672 -13988 209328 116,960 18,900 -130948 136,012 -266960 -106784 -160176 2019 100000 -1.60176 C 0.11 2.25 40000 190428 43.828 146600 58640 87960 2018 100000 0.8796 0.11 8.53 40000 D
Transcribed Image Text:24 25 26 Income Statement 27 28 Sales 29 COGS 30 Other expenses 31 EBITDA 32 Deprec. & Amort. 33 EBIT 34 Interest exp. 35 EBT 36 Taxes (40%) 37 Net Income 38 39 40 Other Data 41 42 No. of shares 43 EPS 44 DPS 45 Stock price 46 Lease PMTs 47 48 49 285 50 51 52 53 54 18 Sheet1 A Workbook Statistics B 2019 2018 6,034,000 3,432,000 5,528,000 2,864,000 519,988 358,672 -13988 209328 116,960 18,900 -130948 136,012 -266960 -106784 -160176 2019 100000 -1.60176 C 0.11 2.25 40000 190428 43.828 146600 58640 87960 2018 100000 0.8796 0.11 8.53 40000 D
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