User Account

All Pages

Explain the meaning of each of the langley company ratios

Assignment Help Accounting Basics
Reference no: EM131819374

Problem

Review the following 6 ratios for Langley Company and XYZ Inc. for the year ended 2014, and address the 2 questions below.

Ratio Name

Langley Company

XYZ Inc.

(a) Rate of return on total assets

21.5%

17.9%

(b) Debt ratio

25.0%

10.1%

(c) Accounts receivable turnover

8.3

7.5

(d) Price-Earnings ratio

25

19

(e) Inventory turnover

6.1

5.2

(f) Current ratio

1.96

3.12

Instructions: This is a 2-part question.

(1) Explain the meaning of each of the Langley Company ratios above.
(2) State which company performed better for each ratio.

Reference no: EM131819374

Questions Cloud

Post Hilltop Flagpoles transactions to Accounts Receivables : Accounting for uncollectible accounts using the allowance method (percent-of-receivables) and reporting receivables on the balance sheet.
Compute the net present value of the new greenhouse : Hi-town Nursery is considering the purchase of a new greenhouse. The cost of capital is 12%. Compute the net present value of the new greenhouse
What is the effective annual interest rate : what the actual interest rate is, based on the current MMM price, dividend rate and the forward price what is the effective annual interest rate?
Introduction of government policy increases social surplus : Suppose that the introduction of government policy INCREASES social surplus. Which of the following statements is TRUE?
Explain the meaning of each of the langley company ratios : Explain the meaning of each of the Langley Company ratios above. State which company performed better for each ratio.
Create a report based on heuristic evaluation : Provide details of the heuristics based on the Eight Golden Rules and give examples of where cognitive load is increased.
Calculate wilson total product cost : Selling and administrative $20,000. Calculate Wilson's total product cost assuming the company uses variable costing. (Show work)
How Lexington Financial Software report accounts receivables : Accounting for uncollectible accounts using the allowance method (aging-of-receivables) and reporting receivables on the balance sheet At December 31, 2016.
What will happen to existing supply avenues : There is much discussion in the press about several states moving to legalizing marijuana, either for only medical purposes, or more extremely

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd