Reference no: EM131322437
Canadian Bacon Inc. financial statements are presented in the table below. Based on the information in the table, and using a 365-day year, calculate cash conversion cycle. Round the answers to two decimal places Balance Sheet December 31, 2014 Cash and marketable securities $132,000 Accounts payable $399,000 Accounts receivable $311,000 Notes payable $98,500 Inventories $512,000 Accrued expenses $89,300 Prepaid expenses $11,300 Total current liabilities $586,800 Total current assets $966,300 Long-term debt $799,400 Gross fixed assets $2,104,000 Par value and paid-in-capital $298,000 Less: accumulated depreciation $398,000 Retained Earnings $988,100 Net fixed assets $1,706,000 Common Equity 1,286,100 Total assets $2,672,300 Total liabilities and owner’s equity $2,672,300 Income Statement, Year of 2014 Net sales (all credit) $4,276,600.00 Less: Cost of goods sold $3,292,982.00 Selling and administrative expenses $349,000.00 Depreciation expense $148,000.00 EBIT $486,618.00 Interest expense $49,600.00 Earnings before taxes $437,018.00 Income taxes $174,807.20 Net income $262,210.80 Your Answer:
|
Referring to the same mortgage pass-through
: Referring to the same mortgage pass-through of the previous question, what is the total amount of the prepayments?
|
|
Calculate the net payments over the life of the swap
: Calculate the net payments over the life of the swap, and identify who is responsible for making each payment. What happens to the $30 million at the end of the swap?
|
|
Summarize the factors that affect the impact of teratogens
: Define the word teratogen and summarize the factors that affect the impact of teratogens on prenatal development. Give at least 2 examples and discuss the evidence supporting the harmful impact of each
|
|
Discuss the item total correlations
: Imagine you calculated item-total correlations for the eight items on your scale and obtained the correlations:- Discuss these item-total correlations, focusing on whether any of the items on the scale are problematic.
|
|
Calculate cash conversion cycle
: Canadian Bacon Inc. financial statements are presented in the table below. Based on the information in the table, and using a 365-day year, calculate cash conversion cycle.
|
|
Explain the purpose of a cash flow statement
: Explain the purpose of a cash flow statement and how it reflects the firm's financial status. Include important points that an analyst would use in assessing the financial condition of the company. Also, analyze Ford Motor Company's cash flow from..
|
|
Describe the sequence of biological changes in males
: Describe the sequence of biological changes in males and females during puberty. Discuss the development of hypothetical-deductive thought and abstract thinking in adolescent cognitive development
|
|
Deduce the constant function theorem
: Deduce the Constant Function Theorem from the Increasing Function Theorem and the Decreasing Function Theorem.
|
|
Common stock pays an annual dividend per share
: A common stock pays an annual dividend per share of $4.40. The risk-free rate is 7% and the risk premium for this stock is 4%. If the annual dividend is expected to remain at $4.40, what is the value of the stock?
|