Acc/300 Week: 4 Individual Paper P2 6b And P13 2b

499 words - 2 pages

Week: 4 Individual Paper - P2-6B and P13-2B

ACC / 300

Week:4 Individual Paper - P2-6B and P13-2B

Week 4 (Problem P2-6B)
(A.)Earnings per share

2012 2011
$150,000 $163,000
370,000 shares 320,000 shares
=0.405 =0.509375
=$.41 =$.51

(B.)Working capital
2012 2011
$40,000 $24,000
$90,000 $55,000
$74,000 $73,000
$168,000 $152,000
- $88,000 - $65,000
= $116,000  = $87,000

(C.)Current Ratio

2012 2011
$204,000 $152,000
$88,000 $65,000
= 2.318181818181818181818181818181 =2.3384515384615384612384615384615
=2.32:1 2.34:1

D.)Debt to Total Debt Ratio
2012 2011
$178,000 $135,000
$802.000 $619.000
=221.945153715710723192019950124688 =218.093699515347334410339256868691
=22.90% =21.80%

(E.)Free Cash Flow
2012 2011
...view middle of the document...

Week 4 (Problem P13-2B)
(A.)Earning per Share


$115, 000 $115,000
(13,000 + 15,000) = $14,000
2 =8.2142855714
=$8.2

(B.) Return on stockholders equity

$115,000 $115,000
($376,000 +$480,000) = $428,150
2 =0.26859745416326053953053836272334
=$26.9%

(C.) Return on Assets

$115,000 $115,000
($652,000+775,000) = $713,000
2 =0.161290322580645161290322580
=$16.1%

(D.) Current Ratio

$290,000
$163,550

=1.7731586556404769183735860593091
=1.78:1

(E.) Receivable turnover

$780,000 $780,000
(652,000+106,200) = $95,000
2 =8.210052031578947368421052631577895
=8.2 Times

(F.) Average Collection Period

365 Days
8.2 Times =44.51219
=44.5 days

(G.) Inventory turnover

$440,000 $440,000
($74,000+116,400) = $95,200
2 =4.6318789473684210526
=4.6 Times

(H.) Days in inventory

365 Days
4.6 times =79.3478260869565217391304347822609
=79.3 Days

(i.)Times Interest earned

$115,000+$9,920+$38,000 $162,920
$9,920 $9,920
=16.42338709677419354838
=16.4 Times

(J.)Asset Turnover

$78,000 $78,000
($775,800+652,000) $713,000
2 =0.1093969144460028005049088359042628
=1.09 Times

(K.) Debit to total assets

$225,500
$775,800

=0.3808971384377416860015467904099
=38%

(l.)Current cash debt coverage

$108,000 $108,000
($163,500+156,000) $159,750
2 =0.676056338028169014084507042255352
=0.68 Times

(m.)Cash debt coverage

$108,000 $108,000
($295,500+$276,000) $285,750
2 =0.3789745454163260539530053836272334
=0.38 Times

(n.)Cash Flow

Cash provided from Operating Activities $108,000
(Less)Capital Expenditures -$47,000
Dividends -$30,000
Free Cash Flow $31,000

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