Some recent financial statements for smolira golf, inc., follow. smolira golf, inc. balance sheets as of december 31, 2013 and 2014 2013 2014 2013 2014assets liabilities and owners’ equity current assets current liabilities cash $ 2,761 $ 2,557 accounts payable $ 2,228 $ 2,750 accounts receivable 4,692 5,631 notes payable 1,825 2,266 inventory 12,778 13,632 other 105 122 total $ 20,231 $ 21,820 total $ 4,158 $ 5,138long-term debt $ 14,800 $ 17,560owners’ equity common stock and paid-in surplus $ 45,500 $ 45,500 fixed assets accumulated retained earnings 15,729 40,207 net plant and equipment $ 59,956 $ 86,585 total $ 61,229 $ 85,707 total assets $ 80,187 $ 108,405 total liabilities and owners’ equity $ 80,187 $ 108,405smolira golf, inc.2014 income statement sales $ 190,370 cost of goods sold 127,703 depreciation 5,183 ebit $ 57,484 interest paid 1,280 taxable income $ 56,204 taxes 19,671 net income $ 36,533 dividends $ 12,055 retained earnings 24,478required: find the following financial ratios for smolira golf (use year-end figures rather than average values where appropriate): (do not round intermediate calculations. round your answers to 2 decimal places (e. g., 32.16). enter the profitability ratios as percents.)2013 2014 short-term solvency ratios a. current ratio times times b. quick ratio times times c. cash ratio times times asset utilization ratios d. total asset turnover times e. inventory turnover times f. receivables turnover times long-term solvency ratios g. total debt ratio times times h. debt-equity ratio times times i. equity multiplier times times j. times interest earned ratio times k. cash coverage ratio times profitability ratios l. profit margin % m. return on assets % n. return on equity %
Answers: 3
Business, 21.06.2019 18:40, paulusl19
Alyssa works for an engineering firm that has been hired to design and supervise the construction of a highway bridge over a major river. the bridge will be a unique design, incorporating complex designs that will likely never be duplicated. how should alyssa deal with designing and overseeing the building of the bridge?
Answers: 3
Business, 22.06.2019 02:00, nayelycuencax
4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms. a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.
Answers: 2
Some recent financial statements for smolira golf, inc., follow. smolira golf, inc. balance sheets a...
World Languages, 21.02.2021 14:00
Arts, 21.02.2021 14:00
Biology, 21.02.2021 14:00
English, 21.02.2021 14:00
Mathematics, 21.02.2021 14:00
Chemistry, 21.02.2021 14:00
Mathematics, 21.02.2021 14:00
English, 21.02.2021 14:00