1 answer

Check my work Summary information from the financial statements of two companies competing in the same...

Question:


Check my work Summary information from the financial statements of two companies competing in the same industry follows. Barc
Check my work Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( accounts (including note
Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( accounts (including notes) receivable
Required: 1a. For both companies compute the current ratio, (acid-test ratio, (accounts including notes) receivable turnover,
Check my work Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio. Id accounts (including not
Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, id accounts (including notes) receivable
Check my word Required: 1a. For both companies compute the current ratio, (b) acid-test ratio, id accounts (including notes)
Check my work Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c accounts (including not
Check my work Summary information from the financial statements of two companies competing in the same industry follows. Barco Kyan Company Company Data from the current year-end balance sheets Assets Cash $ 20,000 $ 35,000 Accounts receivable, net 35, 400 53,400 Current notes receivable (trade) 9.500 8.400 Merchandise inventory 34,740 136,500 Prepaid expenses 5,700 7150 Plant assets, net 290,000 308,400 Total assets $445, 340 $548.850 Barco Kyan Company Company Data from the current year's income statement Sales $750,000 $878, 200 cost of goods sold 585, 100 630,500 Interest expense 8. 200 14.000 Income tax expense 14.509 24.44 Net income 152,092 209,456 Basic earnings per share 4.00 4.44 Cash dividends per share 3.73 3.95 $ 26,800 $ 50,286 Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity $ 68, 340 $ 99, 300 78.300 Y 101,000 190.000 230.000 108,200 112,550 $445, 340 $548,850 Beginning-of-year balance sheet data Accounts receivable, net Current notes receivable (trade) Merchandise inventory Total assets Common stock. 55 par value Retained earnings 59.500 448.000 190.000 97.848 111,00 412.500 236,000 89, 534 Problem 13-5 Part 1
Check my work Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( accounts (including notes) receivable turnover, () inventory turnover, (edays' sales in inventory, and (days' sales uncollected. (Do not round Intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. 16.66 points Complete this question by entering your answers in the tabs below. 1A Current 1A Acid Test Ratio 1A Act Rec Turn Ratio 1A Invent Turnover 1A Days Salin 1A Days Sal Uncel Reg 13 eBook For both companies compute the current ratio. Current Ratio Choose Denominator Company Chooto Numerator: Current Ratio Kyan 1A Acid Test Ratio >
Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( accounts (including notes) receivable turnover, (inventory turnover, (e) days' sales in inventory, and (days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk 16.66 points Complete this question by entering your answers in the tabs below. 8 US 1A Current Ratio IA Acid Test Ratio 1A Act Rec Tum 1A Inwent1A Days Salin Turnover in A Days Sal Reg 13 For both companies compute the acid-test ratio. ) Acid-Test Ratio Company Choose Numerator Choose Denominator: Acid-Test Ratio A Barco Kyan - PS + < 1A Current Ratio 1A Acet Rec Turn >
Required: 1a. For both companies compute the current ratio, (acid-test ratio, (accounts including notes) receivable turnover, (dh inventory turnover, le days' sales in inventory, and days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk 16 66 points Complete this question by entering your answers in the tabs below. (8 023450 IA Acetec 1A Current Ratio A Add Test Ratio 1A Invent Turnover A Days Salin In 1A Days Sal Unicol Reg 1B eBook For both companies compute the accounts (including notes) receivable turnover. Company Choose Numerator: Accounts Receivable Turnover Choose Denominator - Accounts Receivable Turnover Accounts receivable turnover Barco Kyan ( 1A Acid Te Ratio 1A Invent Turnover >
Check my work Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio. Id accounts (including notes) receivable turnover (inventory turnover, (e) days' sales in inventory, and (days' sales uncollected. (Do not round Intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. 66 Complete this question by entering your answers in the tabs below. 3013438 1A Current 1A Acid Test Ratio 1A Acct Rec Turn 1 A Days Salin Ratio 1A Invent Turnover 1A Days Sal Uncol Reg 1B eBook For both companies compute the inventory turnover. (d) Inventory Turnover 1 Choose Denominator: Company Choose Numerator: Inventory Turnover Inventory turnover < 1 Acct Rec Turn 1A Days Salin Inv >
Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, id accounts (including notes) receivable turnover (inventory turnover, (e) days' sales in inventory, and (days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. 6.66 cints Complete this question by entering your answers in the tabs below. 8 013423 1A Current Ratio 1 Acid Test Ratio 1A Acct Rec Turn 1A Inwent Turnover 1A Days Salin Iny 1A Days Sal Uncol Reg 13 Book For both companies compute the days' sales in inventory. Days' Sales in Inventory Choose Denominator. x Company Choose Numerator: Days - Days' Sales in Inventory Days' sales in inventory Barco days ( 1A Invent Turnover IA Days Sal Uncol >
Check my word Required: 1a. For both companies compute the current ratio, (b) acid-test ratio, id accounts (including notes) receivable turnover, turnover (c) days' sales in inventory, and (days' sales uncollected. (Do not round Intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk inventory 15.56 Complete this question by entering your answers in the tabs below A Days Salin IA Current Ratio LA Acid Test Ratio A Act Rec Tum 1A Invent Turnover A Days Sal Uncol Reg 13 For both companies compute the days' sales uncollected Days Sales Uncollected Choose Denominator Company Choose Numerator: Days - Days' Spes Un collected = Days' sales uncollected Barco Kyan ( IA Days Salin in Re 18 >
Check my work Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c accounts (including notes) receivable turnover (inventory turnover, (e) days' sales in inventory, and (days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. Complete this question by entering your answers in the tabs below. 01:33:54 1A Current Ratio 1A Acid Test 1A Acct Rec Ratio 1A Invent Turnover A Days Salin Iny A Days Sal Uncol Reg 13 Book Identify the company you consider to be the better short-term credit risk. Pret Better short-term credt risk Sal Uncol Barco company Kyan company

Answers

IA) Current Ratio curent Asset Curent liabiliches Bouco - $ 155,340 2.27 to 1 $ 68.340 kyan - $240,450 $99,300 & 2.42 to 1 18di Inventory tunoree Cost of goods sold Average inventories Average inventories Bouco - $ 54,600+ $84740 = $ 72,170 kyan- & ukyan. $ 51,800 800 x 865 = $878.200 21.53 days (on a2 days ((B) Bertel sholt teem Aedit wish - kyan company.

.

Similar Solved Questions

1 answer
Let R be the region in the first quadrant bounded by the graphs of #(x^2/ 9) + (y^2 /81)=1# and #3x+y=9#, how do you find the area?
Let R be the region in the first quadrant bounded by the graphs of #(x^2/ 9) + (y^2 /81)=1# and #3x+y=9#, how do you find the area?...
1 answer
I cannot find the dividends and net income . Pearson ACT -- Corporations - Google Chrome...
i cannot find the dividends and net income . Pearson ACT -- Corporations - Google Chrome act.pearsoncmg.com/activity/1/4/2 Assets Liabilities Beginning of Year: $27,000 $17,000 End of Year: $62,000 $25,000 1) What is the equity at the beginning of the year? 2) What is the equity at the end of the ye...
1 answer
Ellis issues 7.5%, five-year bonds dated January 1, 2017, with a $520,000 par value. The bonds...
Ellis issues 7.5%, five-year bonds dated January 1, 2017, with a $520,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of $553,268. The annual market rate is 6% on the issue date. Required: 1. Complete the below table to calculate the total bond interest exp...
1 answer
As you approached the I-74 exit in your uncle's little red sports car convertible you happened...
As you approached the I-74 exit in your uncle's little red sports car convertible you happened to notice a cat crossing the road. Not that you have any particular love of cats (especially this one whose snooty disposition seems to beckon for a game of chicken) you swerve out of the way spilling ...
1 answer
Which hormone below is secreted by the anterior pituitary gland? A) Cortisol B) Gonadotropin releasing hormone...
Which hormone below is secreted by the anterior pituitary gland? A) Cortisol B) Gonadotropin releasing hormone C) Thyroid stimulating hormone D) Anti-diuretic hormone...
1 answer
1. Consider the following times (rounded to the nearest minute) for 12 high school runners in...
1. Consider the following times (rounded to the nearest minute) for 12 high school runners in a 5 K race 19 23 17 28 29 30 16 34 18 18 17 48 a. What is(are) the mode(s)? b. What is the mean and what is it a measure of? c. What is the median and what is it a measure of? d. What is the value of the IQ...
1 answer
Gilberto Company currently manufactures 80,000 units per year of one of its crucial parts. Variable costs...
Gilberto Company currently manufactures 80,000 units per year of one of its crucial parts. Variable costs are $2.40 per unit, fixed costs related to making this part are $80,000 per year, and allocated fixed costs are $40,000 per year. Allocated fixed costs are unavoidable whether the company makes ...
1 answer
95. Last year, Matthew bought two cars. This year, he sold both the cars for $45,000...
95. Last year, Matthew bought two cars. This year, he sold both the cars for $45,000 each. On one, he earned 20% profit, and on the other, he made a 20% loss. What was his net profit or loss? A. Profit of $7,500 B. Loss of $3,750 C. Profit of $3,750 D. Loss of $7,500...
1 answer
2. (1.5 points) Consider the function f(t) = 6et/6 sin(t). (a) Choose the correct answer for...
2. (1.5 points) Consider the function f(t) = 6et/6 sin(t). (a) Choose the correct answer for the statement The function f(t) is A. Continuous on 0 <t<0. B. Discontinuous but piecewise continuous on 0 <t<. C. Only discontinuous at t = 0 and continuous everywhere else. D. Neither of the ab...
1 answer
Knowledge Check 01 On July 1, Year 1, the Barley Company loaned $50,000 to the Jackson...
Knowledge Check 01 On July 1, Year 1, the Barley Company loaned $50,000 to the Jackson Co. Thenote has a stated interest rate of 10% and will mature on June 30, Year 2 All payments for principal and interest wi be received at maturity How much interest revenue will Barley report on its income statem...
1 answer
Consider electromagnetic waves in free space of the form Ē(x,y,z,t)= Ē. (x, y )e i kz-ot)...
Consider electromagnetic waves in free space of the form Ē(x,y,z,t)= Ē. (x, y )e i kz-ot) B(x, y, z,t)= B. (x, y )ek-et) where Ē. (x,y) and B. (x,y) lie in the x-y plane (no z-component). (a) Use Maxwell's equations to find the relationship between k and o. (b) Show that Ē.(x...
1 answer
Please help.. need it ASAP File Do Cesar Homework: Homework 5 MN Score: 4.17%, 5 of...
Please help.. need it ASAP File Do Cesar Homework: Homework 5 MN Score: 4.17%, 5 of 120pf P9-8 (similar to)...
1 answer
At the start of each year, a list of subjects a college plans to offer is produced for students. Every semester, students at the college check the subjects available, enroll in subjects offered and re...
At the start of each year, a list of subjects a college plans to offer is produced for students. Every semester, students at the college check the subjects available, enroll in subjects offered and register for a class in each subject they enroll in. Students get an enrolment confirmation after they...
1 answer
Problem 3-8A Preparing closing entries, financial statements, and ratios LO A1, A2, P3, P4 The adjusted...
Problem 3-8A Preparing closing entries, financial statements, and ratios LO A1, A2, P3, P4 The adjusted trial balance for Tybalt Construction as of December 31, 2018, follows. Credit $ Debit 7,500 25,000 9,200 8,700 60,000 $ 30,000 153,000 51,000 60,280 TYBALT CONSTRUCTION Adjusted Trial Balance Dec...
1 answer
In some sports (such as volleyball when I was in high school - scoring rules have...
In some sports (such as volleyball when I was in high school - scoring rules have changed) you can only score a point when it is your serve, and losing when it is your serve does not give up a point but only gives up the serve to your opponent. Suppose your probability of scoring on your serve is p ...
1 answer
Shawna reduced the size of a rectangle to a height of 2 in
shawna reduced the size of a rectangle to a height of 2 in. what is the new width if it was originally 24 in wide and 12 in tall ? how do you solve it if the answer is 4?...