Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Financial Accounting Expert

problem1. Remi, Inc. has sales of $15 million, total assets of $9 million, and total debt of $3.7 million. If the profit margin is 7 percent what is net income? What is ROE? What is ROA?

problem2. Bobaflex Corporation has final inventory of $426,163 and cost of goods sold for the year just ended was $6,238,615. What is inventory turnover? The days’ sales in inventory? How long on average did a unit of inventory sits on the shelf before it was sold?

problem3. Rossdale, Inc. had additions to the retained earnings for the year just finished $575,000. The firm paid out $140,000 in cash dividends, and it has ending total equity of $7.3 million. If the company currently has 490,000 shares of common stock outstanding, what are earnings per share? Dividends per share? What is book value of each share? The price–earnings of each share? If the stock currently sells for $47 per share, what is the market-to-book ratio? The price-earnings ratio? If sum total sales were $15.4 million, what is the price-sales ratio?

Quesstion4. Bierce Furnishings made $2 million in sales throughout 2011, and its year-end total assets were $1.1 million. As well, at year-end 2011, current liabilities were $500,000, comprising $200,000 of notes payable, $200,000 of accounts payable, and $100,000 of accrued liabilities. Looking ahead to 2012, the company estimates that its assets should rise by $0.55 for every $1.00 rise in sales. Pierce's profit margin is 3%, and its retention ratio is 45%. How large of a sales rise can the company attain without having to increase funds externally?

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M93454

Have any Question? 


Related Questions in Financial Accounting

Choose one of the following two assignments to complete

Choose one of the following two assignments to complete this week. Do not do both assignments. Identify your assignment choice in the title of your submission. Option #1: Income Statement, Retained Earnings, and Balance ...

Assignmentexcel format requiredbobs beans a coffee shop and

Assignment EXCEL Format Required Bob's Beans, a coffee shop and breakfast catering chain, operates three cafes in South Florida. Segment reporting for the last quarter as follows: Bob's Beans, Inc. Income Statement For t ...

Assignmentthe assignment requires the use of the

Assignment The assignment requires the use of the Library/Internet research to locate and study written articles on any topics on financial accounting that was covered in the class. The student is required to critique, a ...

Assignment1500-1800 words assignment for paula hogpart 1as

Assignment 1500-1800 words assignment for Paula Hog Part 1 As EEC's corporate business financial analyst, you will need to have a clear understanding of the different types of costs (variable, fixed, and mixed) that the ...

How does carr characterize the difference between

How does Carr characterize the difference between infrastrctural technology and proprietary technology? Can proprietary technologies be used for long term strategic advantage? What is an example of a company proprietary ...

Excel project instructionsassume abc company has asked you

EXCEL PROJECT INSTRUCTIONS Assume ABC Company has asked you to not only prepare their 2015 year-end Balance Sheet but to also provide pro-forma financial statements for 2016. In addition, they have asked you to evaluate ...

Martin-pullin bicycle corp mpbc located in dallas is a

Martin-Pullin Bicycle Corp. (MPBC), located in Dallas, is a wholesale distributor of bicycles and bicycle parts. Formed in 1981 by cousins Ray Martin and Jim Pullin, the firm's primary retail outlets are located within a ...

1 wellplace hospital provides you with the following

1. Wellplace Hospital provides you with the following financial statements for 20X2 and 20X1: December 31 20X2 20X1 Cash $ 168 $ 211 Temporary investments 126 34 Receivables-patients, net 1,011 893 Inventory 296 315 Prep ...

Refer to the records retention schedule shown in figure 76

Refer to the records retention schedule shown in Figure 7.6 to determine the destruction date of the records. In the table below Figure 7.6, key the dates in the Destruction Dates column. Key "Do not destroy" if a record ...

Assignmenti structuring a keep-or-drop product line

Assignment: I. Structuring a Keep-or-Drop Product Line Problem Shown below is a segmented income statement for Orzo Company's three laminated flooring product lines:   Strip Plank Parquet Total Sales revenue $400,000 $20 ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen