has 7‚500 shares of stock outstanding. The market price per share is $22. What is the price-earnings ratio? P/E = market value per share / earnings per share P/E = 22 / (747000 * 4.1 / 7500) P/E = .0539 PROBLEM:04 Beach Wear has current liabilities of $350‚000‚ a quick ratio of 1.65‚ inventory turnover of 3.2‚ and a current ratio of 2.9. What is the cost of goods sold? CA = current ratio * current liablities CA = 2.9 * 350000 CA = 1015000 QR = (CA - Inventory) / CL 1.65 = (1015000
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Cash P 50‚000 P 80‚000 P 25‚000 Computer at Market Value __25‚000 _______ __60‚000 Capital P 75‚000 P 80‚000 P 85‚000 1-9: c Maria Nora Cash P 30‚000 Merchandise inventory P 90‚000 Computer equipment 160‚000 Liability ( 60‚000) Furniture and Fixtures 200‚000 ________ Total contribution P230‚000 P190‚000 Total agreed capital (P230‚000/40%) P575‚000 Nora’s interest ______60% Nora’s agreed capital P345‚000 Less: investment 190‚000 Cash
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$2‚000 cash for September rent. F) The business had sales of $12‚000 in September. Of these sales‚ 60% were cash sales‚ and the balance was credit sales. G) The business paid $9‚700 cash for office furniture. What are the total liabilities at the end of September‚ 2013? Answer: $9‚000 5. The accountant for Hobson Electrical Repair Company failed to make an adjusting entry to record $5‚000 of unpaid salaries for the last two weeks of the year. Which of the following is TRUE?
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Blue CLASS‚ Group 4 | J Sainsbury plc | Financial reporting and analysis assignment | | | | Group members: Daryush Arabnia Petra Buckley Luca Buonocore Sudarshan Mohanasundaram Jingsi Yang Chapter1 Short description of the activities performed J Sainsbury plc is a leading food retailer in the United Kingdom. J Sainsbury plc was founded in 1869 and today operates a total of 934 stores comprising 557 supermarkets and 377 convenience stores. It jointly owns Sainsbury’s Bank
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Carmen Yost Feburary 9th 2015 Fin 410 Chapter 4 Problems Dr. Terry Dowdy Resource: Ch. 4 of Foundations of Financial Management Complete Problems 16‚ 19‚ & 25 in Ch. 4 of Foundations of Financial Management 16. J. Lo’s Clothiers has forecast credit sales for the fourth quarter of the year as: September (actual) $70‚000 Fourth Quarter October $60‚000 November 55‚000 December 80‚000 Schedule of cash receipts (LO2) Experience has shown that 30 percent of sales are collected
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1 .Calculation of working capital: Size of current assets and liabilities and Net working capital of Heritage Foods (India) Limited during the period 2011-12 to 2015-16 (All amounts are in millions) Year Current Assets Current Liabilities Net W.C 2011-12 1467.094 2175.69 -708.59 2012-13 1466.915 2005.004 -538.089 2013-14 1872.555 2410.804 -538.249 2014-15 2136.183 2466.928 -330.745 2015-16 2279.509 2344.395 -64.886 Interpretation: It is evident that
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have future benefit to the company. 2. Liabilities a. are future economic benefits. b. are debts and obligations. c. possess service potential. d. are things of value owned by a business. 3. Notes to the financial statements are optional. help clarify information presented in the financial statements. are generally brief and few in number. need not be read in detail if an unqualified opinion accompanies the financial statements. 4. The liability created by a business when it purchases
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company profitable and stable. The company’s total assets increased by 3.31% and include cash‚ short-term investment as well as inventory and long term investments. The company had a decrease of 1.03% in their total liabilities that was due to a decrease in deferred long-term liability charges. The net tangible assets for Eastman showed an increase of 16.93% over the
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student website. Enter your name in cell A3 of the Income Information tab in the Guillermo Furniture Data Sheets. Submit the exact name you entered to your instructor. Obtain the number that is shown as a result for total assets on the Assets‚ Liabilities‚ and Equity In tab. Submit the number for total assets to your instructor. Differentiate among the various capital budget evaluation techniques. Explain how these different techniques would help you make your recommendation to Guillermo.
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This is a partial listing of another sample chart of accounts. Note that each account is assigned a three-digit number followed by the account name. The first digit of the number signifies if it is an asset‚ liability‚ etc. For example‚ if the first digit is a "1" it is an asset‚ if the first digit is a "3" it is a revenue account‚ etc. The company decided to include a column to indicate whether a debit or credit will increase the amount in the account. This sample chart of accounts also includes
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