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Financial Ratios

Spartan Sportswear's Current Assets

Spartan Sportswear's current assets consist of cash, marketable securities, accounts receivable, and inventories. The following data was abstracted from a recent financial statement: Inventories $180,000 Total assets $720,000 Current ratio 2.75 Acid-test ratio 1.5 Debt to equity ratio 1.4 Compute the following for Spar

Harry Hufnpuff GlassBlowing Analysis & Recommendations

Thanks in advance for your time and assistance! Below is a description of a company, Harry Hufnpuff, which is involved in glassblowing. You are to prepare a report with an analysis of Harry's business and recommendations for improvement as indicated below. Be sure to include your financial computations as indicated below:

Balance Sheet Accounting Ratios for a car-manufacturing company

Please see the attached file. "A" Plc is a car-manufacturing company. The profit and loss account and balance sheet for the year ended 31st March 2007 are shown below with comparative figures for 2006. "A" Plc Profit and Loss Account For the year ended 31st March 2007 2007 2006 ?000s ?000s ?000s ?000s Turn

Financial Ratio Comparrison: Computronix and Digitek

Please see the attached file. You have the following information taken from the 1996 financial statements of Computronics Corporation and Digitek Corporation (all figures are in $ millions except per share amounts): Computronix Digitek Net income 153.7 239.0 Dividend payout ration 40.0% 20.0% EB

How could the EEOC prove adverse impact?

A)How could the EEOC prove adverse impact? b)Cite specific discriminatory personnel practices at Dan Jones's company. c)How could Jones's company defend itself against the allegations of discriminatory practice? d)Would it make sense for this company to try to defend itself against the discrimination allegations? Dan Jones

Variable Cost/Fixed Costs

Slick Pads is a company that manufactures laptop notebook computers. The company is considering adding its own line of computer printers as well. It has considered the implications from the marketing and financial perspectives and estimates fixed costs to be $500,000. Variable costs are estimated at $200 per unit produced and so

Calculating Ratios; Report to the President

To better understand the past two years, the president asks you to create a financial income statement and balance sheet for AFC for the combined years of 2004 and 2005. Use this information to calculate the following ratios: net margin return on investment return on equity Write a letter to the president analyzing a

Ratios, common-size statements, and trend percents

Please see attached file for full problem description. Required 1. Compute each year's current ratio. 2. Express the income statement data in common-size percents. 3. Express the balance sheet data in trend percents with 2004 as the base year. Analysis Component 4. Comment on any significant relations revealed by the rat

Sacha Lakic, is a designer of exclusive European furniture and accessories.

19. Sacha Lakic, is a designer of exclusive European furniture and accessories. One item he designs, Meuble de Rangement (a storage unit) sells for $1,000 per unit. Below is Mr. Lakic's contribution format income statement for last month: Sales $4,000,000 Less Variable Expenses 2,800,000 Contribution Margin 1,200,000 Less

A company has fixed costs of $900 and a per-unit contribution margin of $3.

A company has fixed costs of $900 and a per-unit contribution margin of $3. Which of the following statements is (are) true? A. Each unit "contributes" $3 toward covering the fixed costs of $900. B. The situation described is not possible and there must be an error. C. Once the break-even point is reached, the company will

Mike's Bike Shop

1) On March 31, 2007, Mike's Bike Shop had outstanding accounts receivable of $17,500. Mike's sales are roughly evenly split between credit and cash sales, with the credit sales collected half in the month after the sale and the remainder 2 months after the sale. Historical and projected sales for the bike shop are given here:

Break Even Analysis - Fit-All Instruments

Good Day, Please assist with the attached question. Regards The trading results of Fit-All Instruments for its 1st year of operations are expected to be as follows: Sales (@ R4 per unit) R 320 000 Less: Material R 120 000 Wages 48 000 Variable Overhead Costs 24 000 Fixed Overhead Costs 50 000 242 000

Ratio Analysis: Westward Corporation

Please see attached. RATIO ANALYSIS The condensed financial statements of Westward Corporation for 2006 are presented below. Westward Corporation Westward Corporation Balance Sheet Income Statement December 31, 2006 For the Year Ended December 31, 2006 Assets Revenues $2,000,000 Current assets Expenses Cash

Financial Ratios

There are five categories of financial ratios. How much has the company borrowed? leverage ratios How liquid is the company? Liquidity ration How productively is the company using its assets? Efficiency ratios How profitable is the company? Profitability ratios How highly is the firm valued by investors? Market ratios

Breakeven Analysis - Mr. Twitty

Problem #1 Mr. Twitty, an emerging rapper, is getting ready to cut his first CD, called "Western Rap." The cost of recording the CD is $5,000.00 but copies are $5.00 apiece. a. If the CDs can be sold for $15.00 each, how many CDs must be sold to break even? I tried to use POM/QM and came up with only 5. I believe that

Analytical procedures-Ratio relationships

State how the ratio in question would compare(greater, equal, or less) to what the ratio should have been had the error or fraud not occurred. The company recorded fictitious sales with credits to sales revenue accts. and debits to A/R. Inventory was reduced, and cost of goods sold was increased for the profitable sales. Is t

Financial Ratios

Please see attachment. Selected Financial Ratios [L03, l04] The financial statements for Castile Products, Inc., an importer of consumer products, are given below: Castile Products, Inc. Balance Sheet December 31 Assets Current assets: Cash . Accounts receivable, net . Merchandise inventory . Prepaid

Quantitative Model

1. Micromedia is having a 2 day seminar in Microsoft Excel. The project fee is $300 per student. The conference room, instructor, assistants and promotion cost $4800. Micromedia rents the computers for its seminars at a cost of $30 per computer per day. a. Develop a model for the total cost to put on the seminar. Let x

C-V-P analysis : key informaiton

Answer all of the following questions. Explain your answer briefly and clearly, showing any necessary calculations. Your answer should be submitted in an Excel file. 1. The County Historical Society and Museum is considering holding a picnic as a fundraiser. They plan to charge $15 per ticket. They can rent a facility at

Financial ratios -mbaprog

Please calculate the following ratios for Lloyd and Emporium for 2000, 2001, & 2002: (see attached) Current ratio Acid-test ratio Days' receivables (based on ending receivables and assuming 100% credit sales) Days' payables (based on ending payables to sales) Inventory turnover Total liabilities/total assets Long-term d

Clearwater Company

Please answer the attached questions following the instructions. BE5-1 Compute missing amounts in determining net income. (SO 1) Presented below are the components in Clearwater Company's income statement. Determine the missing amounts. Sales Cost of Goods Sold Gross Profit Operating Expenses Net Income (a) $75,000

Financial Analysis of Nathan's Famous

A. Determine the ratio of net income to net revenue or sales from Nathan's Famous consolidated income statement [attachment]. Do this for all years listed. Do you think the company is becoming more or less efficient? Explain. B. Find the retained earnings column or changes in retained earnings for the most recent year from Na

Break-Even Analysis of Operating Statistics

High School Traditions operates a shop that makes and sells class rings for local high schools. Operating statistics follow: Average selling price per ring $250 Variable costs per ring: Rings and stones $ 90 Sales commissions 18 Variable overhead 8 Annual fixed cost: