Total asset turnover for SciTronics in 2008 can be calculated by dividing $ 244,000 into $ 159,000. The turnover deteriorated from 1.58 times in 2005 to 1.53 times in 2008. 2. SciTronics had $ 66,000 in accounts receivables at year/end 2008. Its average sales per day were $ 668.49 during 2008 and its average collection period was 99 days.
Total current liabilities the P.7 company had 139.31% more than previous year’s liability. Short-term debt of Coca-Cola was $11,133 and $9,*36 in 2004 and 2005. Short-term debt was 88.35% the previous year liability. Coca-Cola Enterprises long-term assets and liabilities will decrease in 2005. Total liabilities, PepsiCo Inc., were $14,464 and $17,476 in 2004 and 2005.
Even though the acid-test ratio is less than 1 which rates in the lower third quartile in the industry of 1.6, 0.9 to 0.6, it indicates a concern with repaying current liabilities. This could be due to quick expansion of inventory with the intention of increasing sales. While this is currently considered a weakness and is concerning, a rise in the ratio should be seen by 2013 due to the increase of suggested sales. 3. I calculated an “inventory turnover ratio” which measures the number of times a company sells its inventory during a year.
The return on equity for 2012 was at -1.81% compared to a 32% return on a wedding in 2011. (http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-reportsAnnual) Amazon had a downward trend on their return which could be an unhealthy position to be in if the trend continues into the year ending December 2013. Amazon did improve day’s receivable on average collection period. In 2012 days receivable was 81.2 days which was a decrease in time compared to 2011 for which day’s receivable was 87 days. As seen on the income statement by accounts receivable and annual credit sales Amazon was able to decrease the amount of days it took to collect on accounts receivable.
The ratios show that the company had more assets per dollar of debt in 2011 than it did in 2010, though it financed more of its current and short-term liabilities with those assets than in 2010. The company owned $2.60 in assets per $1 in debt in 2011, up from $2.13 in assets per $1 in debt in 2010. The company did not do as well with collecting debts owed it in 2011 versus in 2010. The average time it takes to collect on an unpaid invoice in 2011 was 78.2 days, compared with only 76 days per invoice in 2010. However, despite having more assets per dollar of liability in 2011, the return to each stockholder did not change from 2010.
In March 19, 2011 the accounts payable were 2,881.00. • What were the company’s total current liabilities at the end of its 2 most recent annual reporting periods? PepsiCo, Inc. total current liabilities at the end of its 2 most recent annual reporting periods data was collected from the income statement sheet were |Total Current Liabilities |18,057.00 |16,840.00 |15,892.00 |17,117.00 |14,572.00 | | | | • What were the company’s two largest current liabilities at the end of its 2 most recent annual reporting
The company’s net cash from operations also decreased from 262.69 million to 233.58 million in 2005, a difference of 29.1 million. This decrease in operational cash flow was largely attributed to a significant increase in inventories to 164.41 million from 43.63 million. In addition, Tiffany posted operational losses of 12.03 million and increased prepaid expenses of 16.34 million in 2006. However, the company effectively managed its accounts payables for the year at 17.79 million, a significant change from the prior year. In addition, Tiffany increased ‘other non-cash’ items within its operations to 67.01 million.
over the 3-year period from 2003 to 2005. Total assets dropped $1 million, or 3%, but remain near $35 million. The most notable asset change is the $500,000, or 8%, decrease in accounts receivable. However, cash did increase $200,000 which gives the company the opportunity for business investment in the coming fiscal year (“University of Phoenix,” 2006). A positive trend shows that total liabilities have dropped $1.7 million, which is accounted for by a $2 million, or 42%, decrease in long-term debt.
P/E Ratio Model and Future Price Walmart (WMT) recently earned a profit of $3.13 per share and has a P/E ratio of 14.22. The dividend has been growing at a 12.5 percent rate over the past few years. If this growth continues, what would be the stock price in five years if the P/E ratio remained unchanged? C. $80.20 Pn = (P/e) * E0 * (1+g)n P5 = (14.22) * 3.13 * (1+.125)5 = 80.2059 7. Expected Return The Buckle (BKE) recently paid a $0.90 dividend.