This website uses cookies to ensure you have the best experience.

# 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

## Other Papers Like Acc/300 Week: 4 Individual Paper - P2-6b And P13-2b

### Acc 423 Week 2 Individual Essay

1716 words - 7 pages ACC 423 INDIVIDUAL ASSIGNMENTS Week Two: Exercise 15-13 | | | | Your answer is correct. |   |   | The common stock of Warner Inc. is currently selling at \$111 per share. The directors wish to reduce the share price and increase share volume prior to a new issue. The per share par value is \$10; book value is \$74 per share. 5.33 million shares are issued and outstanding. Prepare the necessary journal entries assuming the

### Week 4 Acc 205 Assignment

1182 words - 5 pages Week Three Exercise Assignment 1. Specific identification method. Boston Galleries uses the specific identification method for inventory valuation. Inventory information for several oil paintings follows. Painting Cost 1/2 Beginning inventory Woods \$21,000 4/19 Purchase Sunset 21,800 6/7 Purchase Earth 31,200 12/16 Purchase Moon 4,000 Woods and Moon were sold

### Acc 291 Week 4 Reflection

852 words - 4 pages Through week four of accounting 291, the team got to view a lot of information about the different types of common ratios that companies use to analyze financial information. From the readings this week and discussions the team came to the conclusion that ratios play an important role in accounting. Week four went in-depth about the different types of common ratios that companies use to analyze its financial information. The team spoke about

### Acc 363 Week 4 Dq 1

322 words - 2 pages In this file you will find overview of the ACC 349 Week 3 Discussion Questions Discuss Question 1 For what is cost-volume-profit (CVP) analysis used? What are some of the key underlying assumptions that make CVP analysis useful for decision makers? Why might decision makers use CVP analysis? Discuss Question 2 What are the differences between variable and absorption costing? Why is variable costing not allowed for GAAP

### Cmgt 410 Week 4 Individual Assignment

662 words - 3 pages Week 4 Individual Assignment Michael J. Beard Jr. CMGT/410 June 18, 2012 Beth Shoults Abstract To achieve success in implementing a project, it is essential to evaluate the project thoroughly. Project evaluation is a method to assure that every party involved within the project sticks with the objective until it is completed, and guarantee that precise expectations are met. Being Huffman Trucking’s evaluator, our company

### Behavioral And Social Cognitive Approaches To Forming Habits - Individual Assignment - Week 4

1418 words - 6 pages Behavioral and Social/Cognitive Approaches to Forming Habits Individual Assignment – Week 4 Deborah Watson PSY 250 05/26/14 Habits as defined by Merriam-Webster’s Dictionary, is a settled tendency or usual manner of behavior or a behavior pattern acquired by frequent repetition or physiologic exposure that shows itself in regularity or increased facility of performance. In this paper we will analyze one of my habits, how, who, and where

### Acc/230 Week 4 Checkpoint

524 words - 3 pages From the analysis of the Eastman Kodak Company’s consolidated statement of financial position or income statement, which is stated in millions except for share and per share data, there were some differences that are discussed in the following: operating income, comprehensive income, total liabilities, and total shareholders’ equity. Although there was no change in the cost per share there was a change in the retained earnings though. Under

### Cmgt400 Week 4 Individual

1359 words - 6 pages . “Hardening” is a security mechanism model that is used to protect an entire platform and secure the software or devices on that platform by removing as many risks as possible and providing an increased level of integrity by incorporating individual or multiple security measures for different applications on the system. Information or data assurance is another level of security. It is important to manage all risks that are associated with the

### Law/421 Week 4 Individual

1055 words - 5 pages an agreement with Chou for exclusive rights to his inventory for a 90-day period at the cost of \$25,000 (Melvin, 2011, p. 155). This paper will discuss some pros and cons of a contract, if and when a contract should apply to a situation, and some remedies for a breach of contract. Contract BTT and Chou made an exclusive negotiation agreement for a 90-day period. This agreement had stipulations that a contract had to be in writing within this

### Hcs 405 Week 4 Individual

1571 words - 7 pages Elijah Heart Center is a 140-bed cardiac care hospital based in New York (University of Phoenix, 2012). The hospital contains multiple specialty areas in order to support the full spectrum of patient recovery; some of these specialties are pulmonology, radiology, nephrology, and laboratory. Although the hospitals revenues and patient volumes are increasing at a rapid rate, the profit for the hospital is decreasing quickly (University of Phoenix

### Week 4 Individual Assignment Fin/370

1699 words - 7 pages Reed's Clothier, Inc. Case Study L. S. Moore Finance 370 March 30th, 2011 Reed's Clothier, Inc. Case Study Reed’s Clothier, Inc. Working Capital Policy and the background information, followed by the current situation and the Summary. Questions 1 and 4 will have been answered in an excel spreadsheet. Exhibit 16.1 Reed’s Clothiers Income Statement (in 000’s

## Related Essays

### Acc 300 Week 5 Team Paper

1982 words - 8 pages McDonald’s Financials / Problem Sets ACC/300 McDonald’s Financials The market growth is increasing for the reason of occupied clients not having time to prepare a dish and the comfort factor. The food industry is also expanding very quickly because of the circumstances international markets offer. In McDonald’s example, they absolutely have a competitive edge for they have previously influenced many

### Acc 300 Brief Exercise 4 Essay

317 words - 2 pages   | | | | | BRIEF EXERCISE 4-7 July 1 Cash 12,400 Unearned Service Revenue 12,400 Dec. 31 Unearned Service Revenue  3,100 Service Revenue (\$12,400 X 6/24) 3,100 Unearned Service Revenue | | Service Revenue | 12/31 3,100  |  7/1 12,400 | | |  12/31 3,100 | |  12/31 Bal. 9,300 | | | | BRIEF EXERCISE 4-8 (a) Dec. 31 Interest Expense    300 Interest Payable    300

### Acc 280 Week 4 Essay

1279 words - 6 pages current assets \$23,872 Property, plant, and equipment Equipment 23,050 Less: Accumulated depreciation 4,921 18,129 Total assets \$42,001 EXERCISE 4-3 (Continued) GOODE COMPANY Balance Sheet (Continued) April 30, 2008 Liabilities and Stockholders’ Equity Current liabilities Notes payable \$ 5,700 Accounts payable 5,672 Interest payable 57 Total

### Acc 541 Week 5 Individual Assignment Reporting Paper

775 words - 4 pages Reporting Paper Nathalie Salib ACC/541 Accounting Theory and Research January 29, 2015 Prof. Vilaró Nelms | | |To: |CEO | |From: |Nathalie Salib