Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Following is the balance sheet of Rundle Company for 2018:
RUNDLE COMPANY Balance sheet
Assets
Cash
$14,950
Marketable securities
7,580
Accounts receivable
13,160
Inventory
11,200
Property and equipment
172,000
Accumulated depreciation
(12,800)
Total assets
$206,090
Liabilities and Stockholders' Equity
Accounts payable
$8,810
Current notes payable
3,040
Mortgage payable
4,450
Bonds payable
21,360
Common stock
114,900
Retained earnings
53,530
Total liabilities and stockholders' equity
The average number of common stock shares outstanding during 2018 was 860 shares. Net income for the year was $16,000.
Required - Compute each of the following:
1. Current ratio
2. Earnings per share
3. Quick (acid-test) ratio
4. Retuirn on invstment
5. Return on equity
6. Debt to equity ratio
Burton Howard, CFA, is an equity analyst with Maplewood Securities. Howard is preparing a research report on Confabulated Materials, SA, a publicly traded company based in France that complies with IFRS.
According to an article in the Economist, the Russian economy "may not have been booming by 7% a year, as in the mid-2000s, but GDP grew by 3.6% in 2012." Are these two percentages referring to changes in nominal GDP or in real GDP? Briefly explai..
Consider a course that you recently completed. Perform a review of the course (the course represents a project and the course syllabus represents the project plan).
compare and contrast primary and secondary deviance. what are the characteristics of each type of deviance? what is the
Tom may claim a credit for child and dependent care expenses, Tom's mother has lived with him for the entire year
describe how knowing what the working capital of that company would be useful to the business leaders of that company and to outside investors
In conventional corporate finance, firms trade off the costs of paying dividends (the differential tax costs to their investors, the issuance costs of new financing) against the benefits of dividends (signaling benefits and reduced agency costs) t..
Prepare a schedule to compute the Santa Clara Sporting Goods Store's June 30, 2013 ending inventory under the retail method of accounting for inventories
Machine A: Sold on January 1, 2015, for $3,600 cash. Give all journal entries related to the disposal of each machine in 2015
Prepare the business Income Statement for the period. Prepare the Statement of Changes in Equity for the period. Prepare the classified Balance Sheet at the end of the period.
Determine the break-even point
Assuming Vikings tax rate is constant 30 percent, what amount should be added to the deferred income tax liability in vikings December 31, 2008
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd