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ACC561 Week 3 Ch13

Price: \$10.99

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

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