Assets Cash And Marketable Securities Accounts Receivable Inventories Total Current Assets Balance Sheet Figures In M 1 (91.07 KiB) Viewed 9 times
Assets Cash and marketable securities Accounts receivable Inventories Total current assets BALANCE SHEET (Figures in $ millions) Net property, plant, and equipment Total assets Liabilities and shareholders' equity Accounts payable Notes payable Total current liabilities Long-term debt Shareholders' equity Total liabilities and shareholders' equity This Year $ $ $ 20.00 30.00 35.00 85.00 105.00 190.00 $ Last Year $ 102.00 190.00 $ $ 20.00 $ 30.00 2 decimal places required. × $ 29 43 35 107 34 141 15 35 50 25 66 141
Long-term debt ratio. Times interest earned Current ratio Quick ratio Cash ratio Inventory turnover Average collection period INCOME STATEMENT (Figures in $ millions) Use the above information from the tables to work out the following missing entries, and then calculate the company's return on equity. Note: Turnover and the average collection period are calculated using start-of-year, not average, values. (Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal places.) Net sales Cost of goods sold Selling, general, and administrative expenses Depreciation Earnings before interest and taxes (EBIT) Interest expense Income before tax Tax (35% of income before tax) Net income 0.2 8.0 1.7 1.0 0.4 4.0 73 days Assets Cash and marketable securities BALANCE SHEET (Figures in $ millions) $ $ 182.50 140.00 19.00 29.00 (5.50) This Year $ Last Year 20.00 $ 29
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