Answers
Walmart's current ratio can be represented as 0.9:1
Ratio analysis:
1. (Current ratio * current assets)/current liabilities
=19,000/12,000
= 1.6: 1
49,000/55,000
= 0.9: 1
2. Accounts receivable= turnover /average accounts receivable
=65,000/8,000
= 8.1 times
406,000/3,800
= 106.8 times
3. Accounts collection period= 365/accounts receivable turnover
=365/8.1
= 45.1 days
=365/106.8
= 3.4 days
4. Inventory turnover= cost of goods sold/average inventory
=46,000/6,800
= 6.8 times
306,000/33,200
= 9.2 times
5. Days in inventory= 365/ inventory turnover
=365/6.8
= 53.8 days
365/9.2
= 39.8 days
6. Profit margin= net income/net sales
=2,170/65,000
= 3.3 %
14,910/406,000
= 3.8 %
7. Assets turnover= turnover/ average assets
=65,000/(45,100+45,000)/2
= 1.4 times
406,000/(172,000+162,000)/2
= 2.4 times
8. Return on assets= net income/ average assets
=2,170/45,050
= 4.8 %
14,910/167,000
= 8.9 %
9. Return on common shareholders equity= net income/average common shareholders equity
=2,170/(15,700+12,900)/2
= 15.2 %
14,910/(74,000+66,000)/2
= 21.3 %
10. Debt to assets= total liabilities/total assets
=(12,000+17,400)/45,100
= 65.2 %
(55,000+43,000)/172,000
= 57 %
11. Times interest earned= operating income/interest
=(65,000-46,000-14,800-70)/660
= 6.3 times
(406,000-306,000-76,000-390)/2,200
= 10.7 times
12. Free cash flows= net cash generated by operations - capital expenditure
=5,900-1,700
= $ 4,200
27,400-11,600
= $ 15,800
To learn more about ratio analysis here brainly.com/question/28523784
#SPJ4
Related Questions
Identify the features of stocks and bonds.
coupon rate
face value
closing price
maturity date
Stock? Bond ?
Plato/edmentum unit 3 finance
Answers
Answer:
Stocks:
closing price maturity rateBonds :
Coupon rate Face valueExplanation:
A stock entitles the holder to dividend payments and gives ownership right of a company to the holder.
The closing price of a stock is the last price that the stock sells for at the end of a trading session
A bond is a debt instrument.
Which of the following activities will allow an engineer to determine that a building’s design is sound?
Answers
Answer: if i am not mistake following osha
safety
Explanation:
Your account statement arrived. You had a balance of -$52.79. After the
$307.74 deposit from Roland's Bookstore, what is your new account
balance?
A $316.95
$256.92
C$265.29
D
$254.95
Answers
Answer:
The answer is D $254.95
Explanation:
Account Balance = -$52.79
Deposit = $307.74
New Account Balance = -52.79 + 307.74
= $254.95
Jarvene Corporation uses the FIFO method in its process costing system. The following data are for the most recent month of operations in one of the company’s processing departments:
Units in beginning inventory 400
Units started into production 3,000
Units in ending inventory 300
Units transferred to the next department 3,100
Materials Conversion
Percentage completion of beginning inventory 80 % 40 %
Percentage completion of ending inventory 70 % 60 %
The cost of beginning inventory according to the company’s costing system was $11,040 of which $8,120 was for materials and the remainder was for conversion cost. The costs added during the month amounted to $132,730. The costs per equivalent unit for the month were:
Materials Conversion
Cost per equivalent unit $ 25.40 $ 18.20
1. Compute the total cost per equivalent unit for the month.
2. Compute the equivalent units of material and conversion in the ending inventory.
3. Compute the equivalent units of material and conversion that were required to complete the beginning inventory.
4. Compute the number of units started and completed during the month.
5. Compute the cost of ending work in process inventory for materials, conversion, and in total for the month.
6. Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month.
Answers
1. Total cost per equivalent unit $43.60
2. Equivalent unit in ending inventory 210; 180
3. Equivalent unit in beginning inventory 320; 160
4. Cost of unit started and completed 2,700
5. Cost of ending WIP $5,334 $3,276
Total $8,612
6. Cost of the units transferred to the next department $84,828 $54,972
Total $139,800
1. Computation the total cost per equivalent unit for the month.
Total cost per equivalent unit =$ 25.40 +$ 18.20
Total cost per equivalent unit=$43.60
2. Computation for the equivalent units of material and conversion in the ending inventory.
Material Conversion
Equivalent unit in ending inventory
300×70% = 210 300×60% = 180
3) Computation for the equivalent units of material and conversion that were required to complete the beginning inventory.
Material Conversion
Equivalent unit in beginning inventory 400×80% =320 400×40% = 160
4) Computation for the number of units started and completed during the month.
Cost of unit started and completed = 3,100-420
Cost of unit started and completed= 2,700
5. Computation for the cost of ending work in process inventory for materials, conversion, and in total for the month.
Material Conversion
Cost of ending WIP
210×$25.40=5,334 180×18.20=3,276
Total =5,334+3,276
Total=$8,612
6. Computation the cost of the units transferred to the next department for materials, conversion, and in total for the month.
Material Conversion
Cost of ending WIP (3,020×$25.40+$8,120) (2,860×$18.20+$2,920)
Cost of ending WIP $84,828 $54,972
Total=$84,828 +$54,972
Total=$139,800
(2700+320=3,020)
(2,700+160=2,860)
($11,040-$8,120=$2,920)
OR
Cost of units transferred out
Material Conversion
Cost of beginning work in progress 8,120+ 2,920
Total=11,040
Cost incurred on remaining work in progress =(320×$25.40) + (160×$18.20)
Total =8,128+2,912
Total =$11,040
Cost of unit started and completed during the month=(2,700×$25.40) (2,700×$18.20)
Total=68,580+49,140
Total=117,720
Cost of the units transferred to the next department =$11,040+$11,040+117,720
Cost of the units transferred to the next department =$139,800
Learn more here:
https://brainly.com/question/17968397
How do I write a presentation of income statement
Answers
When writing a presentation of an income statement, there are several key elements to include:Introduction, Revenue, Cost of Goods Sold (COGS), Gross Profit etc.
Introduction: Begin by introducing the purpose of the income statement and its significance in financial reporting. Explain that the income statement provides a snapshot of a company's financial performance over a specific period.
Revenue: Present the company's total revenue or sales figure prominently. Discuss any significant changes or trends in revenue compared to previous periods or industry benchmarks. Highlight key sources of revenue, such as product lines or customer segments.
Cost of Goods Sold (COGS): Explain the costs directly associated with producing or delivering the company's products or services. Discuss the COGS as a percentage of revenue and analyze any variations or reasons behind cost fluctuations.
Gross Profit: Calculate the gross profit by subtracting COGS from total revenue. Discuss the gross profit margin and its implications for the company's profitability and efficiency in generating revenue.
Operating Expenses: Present and analyze the various operating expenses, such as marketing, salaries, rent, and utilities. Discuss any changes in operating expenses and their impact on the company's profitability.
Operating Income: Calculate the operating income by subtracting operating expenses from gross profit. Explain the significance of operating income as a measure of the company's core business profitability.
Other Income and Expenses: Include any additional income or expenses that are not directly related to the company's core operations, such as interest income or non-operating losses.
For more such questions on income statement, visit:
https://brainly.com/question/29636800
#SPJ8
Direct examples of the functions of a financial system include
(Select all that apply.) ?
1. a business owner accepting payments via PayPal
2. a bank hiring three new tellers when a new branch opens
3. ensuring that personal information entered electronically is safe
4. a financial institution extending a line of credit to a small business
Answers
Which of the following survey response methods is the most difficult for researchers to code for evaluation:
Answers
Answer:
No options are given, but the most commonly used survey response methods are:
Multiple choice questions = generally easy to codeRating scale questions = also easy to code, since response scales have a finite number of choices, e.g. 2 true/false, 3 agree/disagree/undecided, 5 very bad/bad/fair/good/excellent Matrix questions. = are a little bit more complex since they involve several rating scale questions, but it is not something difficult eitherDropdown questions. = similar to multiple choice questionsOpen-ended questions. = this are hard to code since each subject can respond different things, e.g. the thing that I like the most about this project is bla, bla, bla. There are no pre-set answers given to the subjects. THIS TYPE IS THE MOST DIFFICULT TO CODE.Demographic questions = similar to multiple choiceRanking questions = similar to scaled questionsD
Question 12
A formal approach to familiarize a new staff member to its values and polices. What type of
organizational learning does this describe?
O employee mentorship
O employee orientation
O employee training
employee development
Answers
The type of organizational learning that involves a formal approach to familiarize a new staff member with the organization's values and policies is B. employee orientation.
What is organizational learning?Organizational learning involves the process of gaining experience and creating knowledge for organizational improvement.
Organizational learning enables employees to:
Share insightsBrainstorm togetherSolve problemsImprove performance.Thus, familiarizing new staff members with the organization's values and policies involves employee orientation, not employee mentorship, training, or development.
Learn more about employee orientation as part of organizational learning at https://brainly.com/question/11815347
#SPJ1
in your community on the negative impact of strikes as a socio economic issue on businesses
Answers
Explanation:
hooliganism
increase in poverty
insufficient revenue
decrease in productivity
Help? Its for personal finance.
Answers
Answer:
it's the bottom right
Explanation:
since the groceries have the biggest number it should have the biggest piece and that is the only one that has groceries as the biggest piece of the chart
A bank receives a deposit for $50,000. If the bank has a 10 percent reserve
requirement, approximately how much money could this initial deposit
eventually add to the economy?
Answers
Answer:
$500,000
Explanation:
ap ex
A bank having a 10 percent reserve requirement will add $500,000 to the economy on receiving $50,000 as a initial deposit.
Reserve requirements are the sums of money that a bank must have in reserve in order to cover liabilities in the event of an unexpected withdrawal. Reserve requirements are a technique used by the central bank to influence interest rates by increasing or decreasing the money supply in the economy.
According to the question, reserve requirement is 10%, and the initial deposit is $50,000.
Therefore, $50,000+$50,000×10/100 will result in the money that could be added to the economy, which is $500,000.
To learn more on deposit, click here:
https://brainly.com/question/30053423
#SPJ7
If a firm faces ________________________, while the prices for the output the firm produces remain unchanged, a firm's profits will increase.
Answers
Answer:
be
Explanation:
v
Today’s entrepreneurs are taking advantage of the opportunity to meet changing needs in the marketplace. Examples include cleanup of radioactive and industrial waste, disposal of outdated computers and office equipment, and women-friendly tool kits for home improvement. How does this opportunity demonstrate awareness of the marketplace? Do you anticipate that the market will be increasing or decreasing?
Answers
The opportunity for entrepreneurs to meet changing needs in the marketplace, such as cleanup of radioactive and industrial waste, disposal of outdated computers and office equipment, and women-friendly tool kits for home improvement, demonstrates their awareness of the evolving demands and preferences of consumers.
By identifying these specific needs and developing solutions to address them, entrepreneurs show their understanding of the marketplace and the potential for profitable ventures.
They recognize that there is a demand for environmentally-friendly waste management services, responsible disposal of electronic devices, and products tailored to the needs of women engaging in home improvement projects. This awareness enables them to capitalize on these opportunities and cater to niche markets.
Regarding the future trajectory of the market, it is important to note that predictions can be influenced by various factors and are subject to change. However, based on the information provided, it seems likely that the market for these types of services and products may increase or remain stable in the near future.
Concerns about environmental sustainability, regulations on waste management, and the increasing focus on inclusivity and gender equality suggest a continued need for solutions in these areas. As long as these needs persist and evolve, entrepreneurs who are able to offer innovative and effective solutions are likely to find opportunities for growth and success in the market.
For more such questions on awareness
https://brainly.com/question/27107482
#SPJ8
PLEASE I NEED HELP WITH THESE
When Alec started his online toy business, he was concerned that his customers might find his products too expensive if he also charged them for the shipping costs. Which kind of market research could he use to help answer this question?
A. causal
B. descriptive
C. exploratory
D. secondary
Answers
Option C. The exploratory market research could be use to help answer this question.
What is the exploratory market research?Exploratory market research would be most helpful for Alec in this situation. Exploratory research is used to gain insights and understanding into a problem or issue and is often conducted when there is limited information available.
By conducting exploratory research, Alec could gather information about his target audience's preferences and willingness to pay for shipping costs, as well as the prices of similar products in the market. This information could help him determine whether charging for shipping would make his products too expensive for his customers.
Read more on exploratory research here:https://brainly.com/question/13128875
#SPJ1
what challenges do managers face in motivating today's workforce?
Answers
Answer:
Each individual employee has their own set of beliefs and needs, and you can rarely find two of them who are alike. Therefore, managers have a hard time understanding how different their employees are. Also, it's hard to keep up with all the employee needs if they are constantly changing and evolving.
subscribe to my YT channel: Stromedy
Ultra Trail Running Company manufactures trail running shoes at its Wyoming factory. Some of its costs from the past year​ include:
Wages paid to maintenance workers​ $ ​ 60,000
Fabric used to make the shoe ​80,600
Wages paid to
assembly−line
workers 100,000
Carbon rubber used to construct the sole of the shoe ​15,400
Sales commissions ​7,300
Insurance costs for factory ​21,500
Freight−in
​(on raw​ materials) ​3,300
Utilities in factory ​12,800
Factory supervisor salary ​60,200
Depreciation on factory equipment ​18,200
Utilities in sales office ​26,900
Costs of delivery to customers ​8,800
Depreciation on sales office ​1,900
Lubricants used in factory equipment 300
Direct labor costs for Ultra Trail Running Company totaled?
Answers
The direct labor cost for Ultra Trail Running Company is $100,000.
The following information related to the direct labor cost is:
It involved the wages or salary paid to the workers that are included in the manufacturing process.The rest of the cost represents the indirect labor cost or manufacturing cost.Therefore we can conclude that the direct labor cost for Ultra Trail Running Company is $100,000.
Learn more about the cost here: brainly.com/question/13910351
How has the use of computers impacted the role of accountants?
Answers
Answer: IT networks and computer systems have shortened the time needed by accountants to prepare and present financial information to management. This system allows companies to create individual reports quickly and easily for management decision making.
Answer:
it's made there job much easier because everything they need is in one place
Explanation:
can I have brainliest I'm trying to level up
discuss the 8-point socioeconomic agenda of the marcos administration
Answers
President Ferdinand "Bongbong" Marcos Jr.'s economic team unveiled his administration's eight-point economic program on Monday.
What exactly did Bongbong Marcos do?
From 1992 until 1995, Marcos served as the Representative of Ilocos Norte's 2nd congressional district. In 1998, he was re-elected Governor of Ilocos Norte. He returned to his old post as Congressman from 2007 to 2010, then as Senator for the Nacionalista Party from 2010 to 2016.
Marcos, who governed by decree after that, restricted press freedom and other civil freedoms, disbanded Congress, controlled media outlets, and ordered the imprisonment of opposition leaders and militant activists, including his staunchest adversaries, Senators Benigno Aquino Jr. and Juan Ponce Enrile.
To know more about administration's visit:-
https://brainly.com/question/29994801
#SPJ9
Which of the following forms of sex-related conduct does each of the example represent ?
Answers
Sexual Harassment is a behavior. It is defined as unwelcome behavior of a sexual nature.
The variety of behaviours that people, creatures, systems, and artificial things exhibit in a given context is referred to as behaviour. These systems may consist of both the inanimate physical world and other systems or species.
Behaviour is an individual's actions. It is what a person does to bring about, bring about change, or to maintain the status quo. Behaviour is a reaction to internal events, such as thoughts and feelings. externally: the surrounding area, which includes other people.
Learn more about the Behaviour here:
https://brainly.com/question/30756377
#SPJ1
define bank run in your own words.
Answers
Answer:
A bank run occurs when a large number of customers of a bank or other financial institution withdraw their deposits simultaneously over concerns of the bank's solvency. As more people withdraw their funds, the probability of default increases, prompting more people to withdraw their deposits.
Select the correct point on the graph. Which point on the graph indicates the lowest quantity supplied of goods? 9.00 8.00 Price per Pound 7.00 6.00 5.00 4.00 3.00 2.00 supply Curve 1,000 2,000 3,000 4,000 5,000 6,000 7.000 Quantity in Pounds
Answers
Answer:
It would be A
Explanation:
the right location on the graph. Which point on the graph represents the lowest number of items supplied It is 9.00 8.00 Price per Pound. As a result, choice (A) is the right one.
What is meant by supply Curve?In economics, supply refers to the quantity of a resource that businesses, producers, workers, suppliers of financial assets, or other economic agents are willing and able to offer to the market or to a specific person. Supply can refer to manufactured items, labor hours, raw resources, or any other limited-supply or high-value item.
Supply is frequently represented graphically as a supply curve, with the price per unit on the vertical axis and the amount delivered as a function of price on the horizontal axis. This undesirable yet common practice involves flipping the independent and dependent variables from their regular positions.
The supply curve might represent a single seller or the market as a whole, totaling the quantity given by every vendor.
Learn more about supply Curve, from :
brainly.com/question/1915798
#SPJ5
what is the yearly salary or hourly wage of a librarian?
Answers
Answer
$23–43per hour
Librarian
United States
$34k–78kper year
Librarian
Chicago, IL
Explanation:
B. Matching Type. Match Column B with Column A
Answers
Answer:
B. Matching Type. Match Column B with Column A
1. Safety equipment ⇒ C. Must be worn.
2. Danger signs ⇒ D. Inflammable
3. Safety information ⇒ E. Warning Do not touch.
4. Caution signs ⇒ B. No Smoking
5. Serious injuries ⇒ A. First Aid
During the year, Gary, the sole shareholder of a calendar year S corporation, received a distribution of $16,000. At the end of last year, his stock basis was $4,000. The corporation earned $11,000 ordinary income during the year. It has no accumulated E & P. Which statement is correct?a. Gary recognizes a $1,000 LTCG.b. Gary’s stock basis is $2,000.c. Gary’s ordinary income is $15,000.d. Gary’s tax-free return of capital is $11,000.
Answers
Answer: a. Gary recognizes a $1,000 LTCG
Explanation:
Long Term Capital Gain is calculated by the formula:
= Distribution from company - Basis in stock - Ordinary income earned during the year
= 16,000 - 4,000 - 11,000
= $1,000
First statement is therefore correct that Gary would recognize an LTCG of $1,000.
What is organization? Explain elements with definition.
Answers
Answer:
An organisation is a business that has grown so big that it earns a lot of money
Explanation:
Trapper Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 205,000 shares of stock outstanding. Under Plan II, there would be 155,000 shares of stock outstanding and $3.1 million in debt outstanding. The interest rate on the debt is 8 percent, and there are no taxes. What is the break-even EBIT?
Answers
The debt has an interest rate of 8% and there are no taxes. Break-even EBIT is $180,000.
The capital structure is the mix of the sources of money that a corporation uses to sustain its capital. Capital sources include equity, loans, retained earnings, and so on. Firms strive to create a capital structure that has the lowest cost of capital while providing the most value to the firm.
To calculate the break-even EBIT for two distinct capital structures, we set the EPS equations equal and solve for EBIT.
EBIT at break-even is
EBIT / 150,000 = [EBIT - .05 × ($1,200,000)]/100,000
EBIT / 150,000 = [EBIT - 600,000 ] / 100,000
EBIT × 10 = 15 × [EBIT - 600,000]
10 EBIT = 15 EBIT - 9,000,000
15 EBIT - 10 EBIT = 9,000,000
5 EBIT = 9,000,000
EBIT = 9,000,000 / 5
EBIT = $180,000
To know more about EBIT:
https://brainly.com/question/15564479
#SPJ1
Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accom-modate a variety of driving patterns. All the leases are for 3 years and require no money at the time of signing the lease. The first option has a monthly cost of $330, a total mileage allowance of 36,000 miles (an average of 12,000 miles per year), and a cost of $0.35 per mile for any miles over 36,000. The following table summarizes each of the three lease
options:
(See photos below)
Answers
Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.
Beverly Mills decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accommodate a variety of driving patterns.All the leases are for 3 years and require no money at the time of signing the lease.
The three lease options available to Beverly Mills are as follows:
Option 1:Monthly cost: $330Total mileage allowance: 36,000 miles (an average of 12,000 miles per year)Cost for any miles over 36,000: $0.35 per mile
Option 2:Monthly cost: $460Total mileage allowance: 45,000 miles (an average of 15,000 miles per year)Cost for any miles over 45,000: $0.45 per mile
Option 3:Monthly cost: $540Total mileage allowance: 60,000 miles (an average of 20,000 miles per year)Cost for any miles over 60,000: $0.55 per mile
Therefore, Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.
For more such questions on allowance
https://brainly.com/question/14191260
#SPJ8
Should entrepreneurs be charged less taxes?
(Subject: Economics)
Answers
Answer: No.
Explanation: they should be charged the same amount as everyone else
What role does a company like UPS play in the supply chain?
Answers
The history of entrepreneurship in South Africa
Answers
Answer:
Entrepreneurship has played a significant role in the economic development of South Africa, especially during the country's transition from apartheid to democracy. The history of entrepreneurship in South Africa dates back to the 17th century when Dutch settlers established a trading post in Cape Town. However, it was only in the late 19th and early 20th centuries that entrepreneurship began to flourish in the country.
During this period, many entrepreneurs started businesses in various sectors such as mining, agriculture, and manufacturing. One of the notable entrepreneurs during this time was Cecil Rhodes, who founded the De Beers diamond company and played a significant role in the development of the mining industry in South Africa. Another notable entrepreneur was Jan Christiaan Smuts, who founded several businesses and later became the Prime Minister of South Africa.
In the mid-20th century, entrepreneurship continued to thrive despite the apartheid regime's discriminatory policies. Many black entrepreneurs started businesses in townships and rural areas, providing goods and services to their communities. However, these businesses faced numerous challenges due to apartheid laws that restricted their access to resources such as capital and education.
After the end of apartheid in 1994, entrepreneurship became even more critical to South Africa's economic development. The government introduced policies and initiatives aimed at promoting entrepreneurship and supporting small businesses. These included tax incentives, funding programs, and business development services.
Today, South Africa has a vibrant entrepreneurial ecosystem with many successful startups and small businesses across various sectors such as technology, finance, and healthcare. Some of the notable startups include Jumia (an e-commerce platform), Yoco (a mobile point-of-sale provider), and SweepSouth (an on-demand cleaning service).
In conclusion, the history of entrepreneurship in South Africa is a long and complex one that spans several centuries. Despite facing numerous challenges such as discrimination and limited access to resources, entrepreneurs have played a significant role in driving economic growth and development in the country.