Return on common stockholders’ equity $29,946,992 - (2430872-15801332) / 200,000 = 82.9% * Solvency ratios 9. Debt to total assets $7,628,563 / 34,825,498 = 22% 10. Times interest earned 3,272,314 / 121,533 = 26.9 Riordan Manufacturing, Inc. Horizontal Analysis for the Balance Sheet Increase or (Decrease) 2010($) 2009($) Amount % Assets Cash $2,807,029 $1,511,253 $1,295,776* 46.1%* Account Receivables $2,695,342 $2,644,307 $51,035 1.9% Current Portion of Note Receivable $102,976 $117,475 ($14,499) (14.1%) Inventory $8,517,203 $7,123,790 $1,393,413 16.4% Deferred Income Taxes – net $0 $0 $0 0% Pre-Paid Expenses and other Items $402,240 $458,875 ($56,635) (14.1%) Total Current Assets $14,524,790 $11,855,700 $2,669,090 18.4% Liabilities Current Liabilities Current Portion of Long-Term Debt $474,032 $484,894 ($10,862) (2.3%) Accounts Payable $1,391,385 $1,636,923 ($245,538) (17.6%) Accrued
A: 40,500/10=4050 B: 33,600/9=3733 C: 36,000/8=4500 D: 19,000/7=2714 E: 23,500/6=3916 Total Straight-line depreciation = $18,913 Total Cost = $152,600 Depreciation Rate = 18,913/152,600 = 12.4% (b) Prepare the adjusting entry necessary at the end of the year to record depreciation for the year. Depreciation – Plant Assets 18,913
Question: : (TCO D) A company issues $5,000,000, 7.8/%, 20-year bonds to yield 8% on January 1, 2010. Interest is paid on December 31. The proceeds from the bonds are $4,901,036. Using effective-interest amortization, how much interest expense will be recognized in 2010? 15.
depreciation over 3 years Depreciation costs per year: 24/3= 8 mln per year. Q3. Tax rate in 2012 = Income Tax Expense / Income Before Tax = 1127mln/4914 mln = 22,93% Q4. | Year 0 | Year 1 | Year 2 | Year 3 | | | | | | | | R&D expenses | -77 | | | | | | | | | | | Total Revenues | | 110 | 83 | 55 | All in millions | Cost of Goods Sold | | -8 | -8 | -5 | | Gross Profit | | 102 | 75 | 50 | | depreciation | | -8 | -8 | -8 | | Adm/sales/etc | | -3 | -3 | -2 | | EBIT | -77 | 91 | 64 | 40 | | Unl Net income | -59,34 | 70,13 | 49,32 | 30,83 | | Q5.
receivable turnover | sales/AR | NA | NA | NA | 10. days sales in receivables | 365/receivable turnover | NA | NA | NA | 11.capital intensity | TA/Sales | 0.682844178 | 0.717922 | 0.691657 | 12.PM | NI/Sales | -0.064448746 | -0.05795 | -0.10648 | 13.TAT | sales/TA | 1.46446295 | 1.392909 | 1.445804 | 14. ROA | NI/TA | -0.094382801 | -0.08073 | -0.15395 | 15. ROE | NI/OE | -0.527686807 | -0.30411 | -0.50697 | 2nd Assignment Loan Amortization Problem Note： First name | Middle name | Last name | Number of letters in full name | Loan amount | Interest rate | Yixin | | Zhang | 10 | 150000 | 12% | A: CURRENT MONTHLY PAYMENT N=30*12=360 PV=150000 I/Y=12% /12=1% FV=0 PMT=1542.918895 B: TOTAL INTEREST PAY 1542.918895x30x12-150000=405450.80 C: Month | Beginning Balance | Payment | Interest Payment | Principal Payment | Ending Balance | 1 | 150000.000000 | 1542.918895 | 1500.000000 | 42.918895 | 149957.081105 | 2 | 149957.081105 | 1542.918895 | 1499.570811 | 43.348084 | 149913.733021 | 3 | 149913.733021 | 1542.918895 | 1499.137330 | 43.781565 | 149869.951456 | 4 | 149869.951456 | 1542.918895 | 1498.699515 | 44.219380 | 149825.732076 | 5 | 149825.732076 | 1542.918895 | 1498.257321 | 44.661574 | 149781.070502
to take risk. Multiple Choice Question 55 Galan Associates prepared its financial statement for 2008 based on the information given here. The company had cash worth $1,234, inventory worth $13,480, and accounts receivables of $7,789. The company’s net fixed assets are $42,331, and other assets are $1,822. It had accounts payables of $9,558, notes payables of $2,756, common stock of $22,000, and retained earnings of $14,008.
Accounting Assignment 2013 By : David Step One ….. all calculations are in $000’s $000’s | 2012 | 2011 | 2010 | 2009 | REVENUE | 419,812 | 413,131 | 373,144 | 344,150 | SALES | 418,981 | 411,652 | 372,120 | 343,078 | GROSS PROFIT | 418,981-175,843 = 243,138 | 411,652-171,256 = 240,396 | 372,120-164,789 = 207,331 | 343,078-145,275 = 197,803 | EBIT* | 19,491 | 21,532 | 16,667 | 21,164 | NET PROFIT | 16,103 | 18,218 | 12,331 | 15,649 | -TREND ANALYSIS- | | | | | SALES | 418,981/343,078 *100 = 122.1 | 413,131/343,078 *100 = 120.4 | 373,144/343,078 *100 = 108.8 | 100 | EBIT | 19,491/21,164 *100 = 92.1 | 21,532/21,164 *100 = 101.7 | 16,667/21,164 *100 = 78.8 | 100 | PROFIT | 16,103/15,649 *100 = 102.9 | 18,218/15,649
| 5,384,000 | | 4,207,000 | | 3,981,000 | | Noncontrolling interests | 11,000 | | 7,000 | | (15,000) | | Total equity (deficit) | 5,395,000 | | 4,214,000 | | 3,966,000 | | http://www.mergentonline.com.proxy-library.ashford.edu/companyfinancials.php?pagetype=asreported&compnumber=4788&period=Annuals&dataarea=BS&range=3&currency=AsRep&scale=AsRep&Submit=Refresh This horizontal analysis will use 2012 as the base year for comparison. Horizontal Analysis | 2012 | 2013 | 2014 | Sales | 90,374,000 | 96,751,000 +7.06% | 98,375,000 +8.85% | Net Earnings | 843,000 | 2,302,000 + 173.07% | 2,282,000 +170.70% | Interest Expense | 435,000 | 462,000 + 6.21% | 433,000 -.46% | Net Earnings per Share | 1.01 | 2.78 +175.25% | 2.93 +190.1% | Cost of Goods Sold | 71,494,000 | 76,858,000 + 7.50% | 78,138,000 +9.29%
Include an abstract. A running head is optional. Analyze reporting requirements for private sector, not-for-profit organizations under Financial Accounting Standard Board guidance. Compare and contrast accounting practices between the two different assignments. ACC 548 Week 5 Learning Team Assignment Reporting Requirements M to purchase http://allmysolution.com/ACC-548_c119.htm Product Description One issue in accounting is the qualifications of an accountant when working for a client.
Dividends and dividend equivalent rights declared | | | 0 | | | | 0 | | | | (10,676 | ) | | | 0 | | | | (10,676 | ) | Repurchase of common stock | | | (46,976 | ) | | | 0 | | | | (22,950 | ) | | | 0 | | | | (22,950 | ) | Share-based compensation | | | 0 | | | | 2,253 | | | | 0 | | | | 0 | | | | 2,253 | | Common stock issued under stock plans, net of shares withheld for employee taxes | | | 6,981 | | | | (143 | ) | | | (444 | ) | | | 0 | | | | (587 | ) | Tax benefit from equity awards, including transfer pricing adjustments | | | 0 | | | | 1,232 | | | | 0 | | | | 0 | | | | 1,232 | | | | | | | | | | | | | | | | | | | | | | | Balances as of September 28, 2013 | | | 899,213 | | | $ | 19,764 | | | $ | 104,256 | | | $ | (471 | ) | | $ | 123,549 | | | | | | | | | | | | | | | | | | | | | |