SciTronics’ financial ratios Sales Growth During the four-year period ended December 31, 2008, SciTronics’ sales grew at 21 % compound rate. There were no acquisitions or divestitures. Profitability Ratio: How profitable is the company? 1. SciTronics’ profit as a percentage of sales in 2008 was 5.7 %.
Answer the following questions viewing each situation as being independent of the others. (1) If total assets increased $200,000 during the year, and total liabilities decreased $75,000, what is the amount of owner's equity at the end of the year? (2) During the year, total liabilities increased $230,000 and owner's equity decreased $90,000. What is the amount of total assets at the end of the year? (3) If total assets decreased $40,000 and owner's equity increased $130,000 during the year, what is the amount of total liabilities at the end of the year?
1. If the Hunter Corp. has an ROE of 13 and a payout ratio of 30 percent, what is its sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate ____% 2. The most recent financial statements for Williamson, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $ 6,700 Assets $22,050 Debt $ 8,050 Costs 3,850 Equity 14,000 Net income $ 2,850 Total $22,050 Total $22,050 Assets and costs are proportional to sales.
(TCOs 3, 4, 5, & 7) Damien, not a dealer in real estate, sold real estate with a basis of $250,000 for $500,000 cash, a note for $250,000, and the buyer assumed Damien’s mortgage on the property of $125,000. During the year, the purchaser paid Damien $30,000 principal and
1. After closing on December 31, 2011, Walston Company had $4,600 of assets, $2,000 of liabilities, and $700 of common stock. During January of 2012, Walston earned $750 of revenue and incurred $300 of expense. Walston earned $750 of revenue and incurred $300 of expense. Walston closes it books each year on December 31. a.
3. Question : (TCO 1) The financial statement that summarizes the changes in retained earnings for a specific period of time is the _____. 4. Question : (TCO 1) Pinson Company began the year with retained earnings of $210,000. During the year, the company recorded revenues of $300,000, expenses of $228,000, and paid dividends of $24,000.
The material is stored for ten days at 120 degrees Fahrenheit. Correct 7. Do you consider a 3 percent loss significant? 8. I didn’t have my watch, but I think it was around 1:30.
A focus on those in need is something that helps a company’s reputation for years to come, boosting profits in both the poorest neighborhoods and the wealthiest. Company Q benefits from having multiple active locations in place in varying income locations. Should the focus be on meeting the economic, legal, ethical, and philanthropic requirements of social responsibility, the company stands to be a responsible, reputable, and very profitable
It is important to support and encourage current employees to strive for higher goals. Showing that you the employee is cared for as is the business will help business grow because after all employees make the business world go round. Tuition reimbursement increases the value of the employee which in turn increases the value of the company. A business degree or communications degree offers a multitude of career choices ranging from salaries of over $100,000 per year to $30,000. Tuition reimbursement means increased morale, productivity, confidence, retention, profits, and less employee turnover.
What are the products or services? 2. Annual sales of the company? 3. How long has the company been in business 4.