[The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At

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[The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At

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The Following Information Applies To The Questions Displayed Below Simon Company S Year End Balance Sheets Follow At 1
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The Following Information Applies To The Questions Displayed Below Simon Company S Year End Balance Sheets Follow At 17 (26.74 KiB) Viewed 52 times
[The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity Current Year 1 Year Ago $ 30,823 86,680 110,096 9,729 279,919 $ 517,247 $ 128,795 99,187 162,500 126,765 $ 517,247 $ 35,672 61,178 84,142 9,458 255,453 $ 445,903 $ 76,865 101,532 162,500 105,006 $ 445,903 2 Years Ago $ 36,066 49,049 52,248 4,047 222,890 $ 364,300 $ 47,126 81,315 162,500 73,359 $364,300

Required 1A Required 1B Required 2A Required 2B Compute the current ratio for each of the three years. Current Year: 1 Year Ago: 2 Years Ago: Numerator: 1 1 1 1 1 Current Ratio Denominator: Penuired 14 11 11 = 11 = = Current Ratio Current ratio 0 to 1 0 to 1 0 to 1 Required 18

Required 1A Required 18 Required 2A Required 28 Compute the acid-test ratio for each of the three years. Current Year: 1 Year Ago: 2 Years Ago: Numerator: Short-term investments Acid-test ratio + < Required 18 Denominator: Required 28 > Acie Aci 6

Required 1A Required 18 Required 2A Required 28 Required 3A Compute days' sales uncollected. Current Year: 1 Year Ago: Numerator: Days Sales Uncollected Denominator: 1 Required 3B Required 4A <Required 1A X K X Days Required 18 > = A = Required 4B Days' Sales Uncollected Days' sales uncollected 0 days 0 days

Required information 3-b) Determine if inventory turnover ratio improved or worsened in the current year. (4-a) Compute days' sales in inventory. (4-b) For each ratio, determine if days' sales in inventory improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 3A Compute days' sales uncollected. Current Year: 1 Year Ago: Numerator: Required 38 Required 4A Daya Sales Uncollected Denominator: (Required 1 Days Required 18 > Required 481 Days' Sales Uncollected Days' sales uncollected 0 days o days

(3-b) Determine if inventory turnover ratio improved or worsened in the current year. (4-a) Compute days' sales in inventory. (4-b) For each ratio, determine if days' sales in inventory improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 3A Required 38 Required 4A Compute accounts receivable turnover. (Round your answers to the nearest whole number.) Accounts Receivable Turnover Denominator: Current Year: 1 Year Ago: Numerator: 1 1 1 = B Required 48 Accounts Receivable Turnover Accounts receivable turnover 0 times 0 times

(3-b) Determine if inventory turnover ratio improved or worsened in the current year. (4-a) Compute days' sales in inventory. (4-b) For each ratio, determine if days' sales in inventory improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 3A Required 38 Compute inventory turnover. (Round your answers to the nearest whole number.) Inventory Turnover Current Year: 1 Year Ago: Numerator: 1 1 7 minator: Required 20 M Required 4A Required 48. Inventory Turnover Inventory turnover 0 times 0 times Required 38 >

b) Determine if inventory turnover ratio improved or worsened in the current year. a) Compute days' sales in inventory. -b) For each ratio, determine if days' sales in inventory improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 3A Compute days' sales in inventory. Current Year: 1 Year Ago: Numerator: 1 7 1 Days' Sales In Inventory Denominator: X Required 38 Days = = = R Required 4A Required 481 Days Sales In Inventory Days' sales in inventory 0 days 0 days

Required 1 Required 2A Required 28 Required 3A Required 38 Compute debt and equity ratio for the current year and one year ago. Current Year: 1 Year Ago: Current Year: 1 Year Ago: Numerator: Numerator: Debt Ratio Denominator: Equity Ratio 1 1 Denominator: 11 = 11 Debt Ratio Debt ratio Equity Ratio Equity ratio % % %

Required 1 Required 2A Required 28 Required 3A Required 3B Compute debt-to-equity ratio for the current year and one year ago. Debt-To-Equity Ratio Current Year: 1 Year Ago: Numerator: 1 Denominator: m = Debt-To-Equity Ratio Debt-to-equity ratio to 1 to 1

(3-a) Times interest earned. (3-b) Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 2B Required 3A Required 38 Compute times interest earned for the current year and one year ago. Current Year: 1 Year Ago: Numerator: Times Interest Earned 1 7 7 Denominator: # = Times Interest E Times interest ea 0 timer 0 timer

art 5 of 6. 42 bints eBook Hint Print References (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2 Required 3A Required 38 Compute profit margin ratio for the current year and one year ago. Profit Margin Ratio Current Year: 1 Year Ago: Numerator: 7 1 1 Requited 14 Denominator: W W Required 18 > Profit Margin Ratio Profit margin ratio 0/% 0%

Wed Jun 29 Ch.13 Exercise 6 Part 5 of 6 0.42 points Book Hint Print Required information Ch.13 Exercise Seved Complete this question by entering your answers in the tabs below. Current Year: 1 Year Ago: Required 1A Required 18 Required 2 Required 3A Required 38 Compute total asset turnover for the current year and one year ago. Total Asset Turnover Numerator (3-a) Return on total assets (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? < Required 18 Denominator: Required 3A > Total Asset Turnover Total asset turnover Help 0 times 0 times Save & Exit Submit Check my work

6 Part 5 of 6 0.42 points eBook Himm Print References Required information Complete this question by entering your answers in the tabs below. Required 1A Required 181 Required 2 Required 3A Required 38 Compute return on total assets for the current year and one year ago. Return On Total Assets Current Year: 1 Year Ago: (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Numerator: 1 M Help Denominator: Save & Exit Return On Total Assets Return on total assets 0% Submit Check my work

9:04 PM Wed Jun 29 X Ch.13 Exercise 7 Part 6 of 6 0.48 points Skipped Block Prie References Required information Current Year: 1 Year Ago: Ch.13 Exercise Required 1 Required 2 Required 3A Required 38 Compute the return on equity for each year. Return On Equity Numerator: Seved Denominator Require Return On Equity Return on equity Required 2 > % % Help Save & Exit SL Check my wo

3:05 PM Wed Jun 29 Ch.13 Exercise i 7 Part 6 of 6 0.48 points Skipped Book Hint References Mc Graw Hill Required information Complete this question by entering your answers in the tabs below. Current Year: 1 Year Ago Ch.13 Exercise Required 1 Required 2 Required 3A Required 38 Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Numerator: < Prev Saved Dividend Yield < Required 1 7 of 7 Denominator: ⠀⠀ Required 3A > Next W Help Dividend Yield Dividend yield % % Save & Exit Subm Check my work

3:05 PM Wed Jun 29 Ch.13 Exercise i 7 Part of 0.48 points Skopped *Book Him Prim References MEMA... Required information Ch.13 Exercise Complete this question by entering your answers in the tabs below. Current Year: 1 Year Ago: Required 1 Required 2 Required 3A Required 38 Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Price-Eamings Ratio Numerator Seved A < Required 2 Denominator Required 30 > Help Price-Earnings Ratio Price-earnings ratio Save & Exit Submit Check my work
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