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ACC561 Week 3 Ch13

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BE13-4 Using these data from the comparative balance sheet of Rosalez Company, perform
horizontal analysis.

  2012 2011
Accounts receivable  460,000  400,000
Inventory  780,000  650,000
Total assets    3,164,000  2,800,000


BE13-5 Using these data from the comparative balance sheet of Rosalez Company, perform vertical analysis.

  2012 2011
Accounts receivable  460,000  400,000
Inventory  780,000  650,000
Total assets    3,164,000  2,800,000

BE13-8 Vertical analysis (common-size) percentages for Vallejo Company’s sales, cost
of goods sold, and expenses are listed here.


Vertical Analysis  2012 2011 2010
Sales  100.00% 100.0% 100.0%
Cost of goods sold  60.50% 62.9% 64.8%
Expenses  26.00% 26.6% 27.5%
 

Did Vallejo’s net income as a percent of sales increase, decrease, or remain unchanged
over the 3-year period? Provide numerical support for your answer.

BE13-9 Horizontal analysis (trend analysis) percentages for Spartan Company’s sales,
cost of goods sold, and expenses are listed here.


Horizontal Analysis 2012 2011 2010
Sales  96.20% 100.00% 100.00%
Cost of goods sold  101.00% 98.00% 100.00%
Expenses    105.60% 95.40% 100.00%

BE13-10 These selected condensed data are taken from recent balance sheets of Bob
Evans Farms (in thousands).


  2009 2008
Cash  13,606  7,669
Accounts receivable  23,045  19,951
Inventories  31,087  31,345
Other current assets  12,522  11,909
Total current assets  80,260  70,874
Total current liabilities  245,805  326,203

Compute the current ratio for each year and comment on your results

BE13-13 Staples, Inc. is one of the largest suppliers of office products in the United
States. It had net income of 738.7 million and sales of 24,275.50 million
in 2009. Its total assets were $13,073.10 million at the beginning of the year and
13,717.30 million at the end of the year. What is Staples, Inc.’s (a) asset turnover ratio and (b) profit margin ratio? (Round to two decimals.)

BE13-15 Selected data taken from a recent year’s financial statements of trading card
company Topps Company, Inc. are as follows (in millions).


Net sales   326.7
Current liabilities, beginning of year   41.1
Current liabilities, end of year   62.4
Net cash provided by operating activities   10.4
Total liabilities, beginning of year   65.2
Total liabilities, end of year   73.2
Capital expenditures   3.7
Cash dividends   6.2

Compute these ratios: (a) current cash debt coverage ratio, (b) cash debt coverage ratio,
and (c) free cash flow

1 comment:

  1. I only need the answers to BE13-8 and BE 13-9. How much would it be to get the answer to just those two? Thanks Betty

    ReplyDelete