X Co. has the following information: Sale $ 1,200,000 Cost of sales $800,000 Operating expenses $200,000 interest expense $ 20,000 Tax $ 10,000 current liabilities $120,000 Non-current liabilities $200,000 share capital $ 500,000 Retained earnings $ 300,000 the returns on capital employed ratio

X Co. has the following information: Sale $ 1,200,000 Cost of sales $800,000 Operating expenses $200,000 interest expense $ 20,000 Tax $ 10,000 current liabilities $120,000 Non-current liabilities $200,000 share capital $ 500,000 Retained earnings $ 300,000 the returns on capital employed ratio

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 15MCQ: Hummel Inc. has $30,000 in current assets and $15,000 in current liabilities. What is Hummels...

See similar textbooks

Related questions

Q: Earnings before interest and taxes Current assets Non-current assets Current liabilities Non-current…

A: Solution Concept EVA means economic value added It means the value that is added over and above the…

Q: es. . . . . . . . . . . . . . . . . . . . . . . . . . . . 800,000 Variable costs. . . . . . . . .…

A: EBIT (Earnings Before Interest & Taxes): It shows the profitability of the company. It is…

Q: d. ratio analysis. B. A firm has liabilities of P30,000 and owner's capital of P90,000. The…

A: The accounting equation states that assets equals to sum of liabilities and shareholders equity.

Q: Prepare a common size statement for Mickey Corp and Mighty Corp…

A: Formula: Net income = Revenues - expenses

Q: Your company's income statement for the year ended 30 September 20X8 showed the following: $'000…

A: We have the following information: Net profit before interest and tax: $1,200 Interest: $200…

Q: 1. Current ratio is 1.8:1 with working capital amounting to P 20,000, how much must the current…

A: Ratio analysis means where different ratio of various years of years companies has been compared and…

Q: Calculate the Enterprise value using following information: Number of Shares outstanding: 25,000…

A: Given information: Number of shares outstanding 25,000 Book value per share is $18 Price to book…

Q: Refer to the following financial information of Scholz Company: NOPAT 8,250,000 FBITDA…

A: Formulas: Depreciation and amortization expense = EBITDA - Earnings before tax - Interest expense…

Q: Paid-in capital Retained earnings Total liabilities and stockholders' equity 50,000 410,000…

A: Inventory turnover ratio is a measure to determine how many times a company has sold its inventory…

Q: Pinches Salt Company has the following income statement: Sales…

Q: Avengers Company provided the following current assets and shareholders' equity at year-end: Cash…

A: Shareholder's equity also referred to as Net worth of an entity, is the total amount invested by the…

Q: Chay Corporation uses an imputed interest rate of 13% in the calculation of residual income.…

A: Residual income analysis is done in order to assess the profitability of the firm or a department as…

Q: Information of ABC company given below |Amount in OMR Particulars 200,000 10,000 Gross Sales Returns…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: The following financial information was provided by Anya Company: Net Income 8,255,000.00…

A: Given, Net income is 8,255,000 Tax rate is 35%

Q: Delta GMBH’s ROE is 8.9 percent. Sales are $2,956,000.00. Total debt ratio is 0.3743. Total debt is…

A: The ROA cane be calculated as per the DuPont Equation.

Q: Beximco Pharmaceuticals Ltd. has 68,200 of common stock outstanding. Beximco employs tk. 55,80,000…

A: Number of shares outstanding = 68,200 Debt = 5,580,000 Interest Rate = 10% Interest Expense = Debt ×…

Q: The details of ABC Company are as under: 60% (Cash sales) Sales 20,000,000 Cost of sales 12,000,000…

A: Total current assets = Cash + debtors + stock + bills receivable = $3251000+4000000+165000+65000 =…

Q: erie Co. (CC) has the following for 20x5: e income gate investment income $450,000 60,000 nd income…

A: The answer has been mentioned below.

Q: Answer followings (a) A company has a net profit margin of 10%, an operating profit margin of 25%,…

A: "Since you have asked multiple questions, we will solve first question for you. If you want any…

Q: Cream of Tomato Company has the following data available.Net income = $250,000Sales = $2.5…

A: The formula for total asset turnover is given below:

Q: Company A Company B Total Assets 250 million 300 million Debt (10%) 50 million 180 million…

A: Return on assets = Net income/Ending total assets (or) Average total assets

Q: 00,000 From the following information, calculate Capital Employed Ratio: $ Share Capital 14,00,000…

A: Introduction: From the information given in the problem we will calculate Capital Employed Ratio in…

Q: Rush Company had net income of $152 million and average total assets of $1,810 million. Its return…

A: The return on assets is one of the financial ratios that shows the profitability of the company in…

Q: DuPONT AND NET INCOME Ebersoll Mining has $6 million in sales, its ROE is 12%, and its total assets…

A: Following formula will be used:

Q: National Co.' operating income (EBIT) is P500,000. The company's tax rate is 25 percent, and its…

A: Cash Flow helps the firm to disclose the business performance is well, dangerous and bankrupt. a…

Q: Alif company’s total investment in assets is OMR 2,000,000. It has 200,000 shares of OMR 10 each.…

A: You have posted multiple questions. We will solve only the first question for you. To solve the…

Q: Information for Duncan Corporation is shown below: 20X1 Net Income ₱ 400,000 Average…

A: Formula: Capital Turnover = Sales Revenue/Average Investment

Q: The following information pertains to Travis Concrete: Sales revenue $2,000,000 700,000 Gross margin…

A: Lets understand the basics. Capital turnover ratio indicates how well company is managing…

Q: 5. The following information are related to Bacon Corporation: Sales Php 15,000,000 3.0x Asset…

A: Calculation of Book Value per share Book value per share = Total Equity/ Number of equity shares…

Q: You are given the following information for O'Hara Marine Co.: sales = $76,240; costs = $35,310;…

A: Depreciation is the non cash expense which is charged in the income statement. Depreciation provides…

Q: Francis Company Ignatius Company 900,000.00 580,000.00 10,000.00 82,000.00 150,000.00 65,000.00…

A: The ratio analysis helps to analyse the financial statements of the business. Profit margin = net…

Q: The following information are related to Spade Corporation: Sales P 15,000,000 Asset Turnover 3.0 X…

A: The book value of share is a measure of the finances of the company. It shows how much the company…

Q: KBJ has total assets of S613,000. There are 21,000 shares of stock outstanding with a market value…

A: The price earning ratio is calculated as ratio of market price and earning per share

Q: Francis Company Net Sales Revenue Cost of Sales Interest Expense Net Income after tax Accounts…

A: Net Sales = Sales Revenue - Sales Returns - Sales Discounts

Q: Use the information below provided by Angel Baby Angel Company: Sales 8,250,000.00 Operating…

A: EVA is the economic value added which is calculated using the following formula.

Q: The following information is available for Kiss Company: $101,500 $ 95,000 $ 42,500 $25,500 Sales…

A: Operating Income=Sales-Operating expenses=$101,500-$95,000=$6,500

Q: e.) CSY Sdn Bhd has the following financial information: RM'000 Sales 42,500 Variable costs 29,650…

A: Leverage is the measurement of risk under which the company is analyzing to take further risk or…

Q: Total assets of Alpha Company are 3,00,000. The company's total assets turnover ratio is 3, its…

A: Operating leverage is the ability of EBIT to react differently to change in sales. Formula: DOL =…

Q: X Co. has the following information: Sale $ 1,200,000 Cost of sales $800,000 Operating expenses…

A: The Gross margin Proportion, otherwise called the gross net revenue proportion, is a benefit…

Q: Horatio's Hot Dogs' current assets equal $260,000. The company's return on assets (ROA) is 4…

A: Formulas: ROA=net income/total assets -------------------------- Total assets=Common equity+(Long…

Q: Miracle Corporation reports the following amounts in its December 31, 20XF income statement: Sales…

A: The earnings per share is calculated as net income divided by average number of shares outstanding.

Q: Little Book LTD has total assets of $860,000. There are 75,000 shares of stock outstanding, total…

A: EPS=earning per shareprice per share market to book ratio=book value per shareprice per share

Q: Sousa Corporation provides the following financial information: Minimum acceptable operating income…

A: Residual income means the excess of operating income over the minimum acceptable operating income.

Q: ADM Pty Ltd has Total Assets of R850 000. Debt ratio for the firm is 80% of which 70% is long term…

A: Total Assets = 850,000 Debt Ratio = 80% Asset Turnover = 6 Net Profit Margin = 12% Interest Rate =…

Question

Definition Definition Remaining net income of the company after the required dividends are paid to shareholders. This surplus money is usually invested back into the business to expand its business operations or launch a new product.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Introduction

VIEW

Calculation

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.

Similar questions

Hummel Inc. has $30,000 in current assets and $15,000 in current liabilities. What is Hummels current ratio? a. 3 c. 1 b. 2 d. 0.5
Amir Company’s net income and net sales are $18,000 and $1,100,000, respectively,and average total assets are $100,000. What is Amir’s return on assets?a. 20.0%b. 18.0%c. 3.7%d. 7.0%
1. ValleMiramar has the following data: Net sales, P1.8 M; Costs of Goods Sold , P 1.08; Operating Expenses, P 315,000; Earning’s before interests and profit, P405,000; Net income, P195,000; Total Stockholders’ Equity P.75M; Total Assets P 1M. . The return on investment is: a. 22.5% b. 26.5% c. 19.5% d. 40.5% 2. Refer to no. 1 the debt. and operating ratio are a. .25 and .775 c. .25 and .175 b. .75 and .775 d. .75 and .175 3. Extracts from the balance sheet ( 000,000 ) of A Co. as follows: Current Assets Merchandise Inventory P 77.1 Accounts Receivable 50.1 Cash on Hand and in 85.0 Creditors: Amounts falling due within one year 70.2 Bank Overdraft Other Creditors…
AMT. Inc.'s net income for this quarter is $500,000. The publicized return on assets (ROA) is 34.5 % . Estimate the firm's total asset to the closet possible. a. $1,500,000 c. $2,450,000 b. $ 1,450,000 d. $2,005,500
IF XZX has the following data:Profit margin 2%Return on Asset 4%Sales revenues $500,000What is the company Total assets ? O a. $500,000 O b. $300,000 O c. $250,000 O d. $100,000
Assume XYZ total assets $1,000,000 and net fixed $600,000. But current liabilities $200,000. Calculate the company current ratio? a. 4x O b. 2x c. 1.5x d. 3x
Silver Diamond Company's Profit before interest and tax is OMR 360,000, the total of assets is OMR 900,000 and total of current liabilities is OMR 500,000. The Return on Capital employed (ROCE) of the company is: a. 40% b. 25.71% c. 90% d. 111.11%
ABC Co its selected financial statements items are given as following. Gross profit equals to 100.000 TL, EBIT equals to 50.000 TL, Net Income equals to 20.000 TL, total depreciation & amortization expenses equals to 10.000 TL, cash and Cash Equivalent equals to 10.000 TL, Financial debt equals to 80.000 TL. The EV/EBITDA multiplier in the industry the company is in is 7. Find the value of the company using the EV/EBITDA multiplier method.
X-1 Corp's total assets at the end of last year were $420,000 and its EBIT was $47,500. What was its basic earning power (BEP) ratio? O a. 15.08% O b. 11.31% O c. 10.16% O d. 8.48% O e. 5.65%
Information below is related to Jea Maggie Ison’s Company Return on Sale 15%Asset turnover 3 timesDebt ratio 40% What is its Return on Equity? a. 0.7515 b. 0.5985 c. 1.125 d. 3.0015
18. The following financial information was provided by Anya Company: Net Income 8,255,000.00 NOPAT 75,785,000.00 EBITDA 143,000,000.00 Net Profit Margin 6.00% Operating capital 425,070,000.00 After tax cost of capital 12.00% Tax rate 35.00% Refer to Anya Company, calculate its sales. Use 2 decimal places in your final answer
Use the information below provided by Angel Baby Angel Company Sales 8,250,000.00 Operating costs 4.725,000.00 Operating income 3,525,000.00 Interest expense 1,750,000.00 Earnings before taxes 1,775,000.00 Taxes (40%) 621,250.00 Net income 1,153,750.00 WACC 8%, Total invested capital 24.875,000. Calculate the EVA (2 decimal places)