What's MoreA. Directions: Below is the summarized financial information of Redz Company.Compute the following. Write your answers on a separatesheet of paper.1. Average Inventory2. Average Receivable3. Average Payable4. Inventory Turnover Ratio5. Days of Inventories6. Receivables Turnover Ratio7. Days of Receivable8. Payables Turnover Ratio9. Days of Payable10. Operating CycleBeginningPhp 2,000,000.00Php 1,150,000.00Php 500,000.00Php 10,000,000.00Php 6,500,000.00EndingPhp 3,100,000.00Php 2,000,000.00Php 1800,000.00AccountsInventoryAccounts ReceivableAccounts PayableNet SalesCost of Goods Sold

Name: What's MoreA. Directions: Below is the summarized financial informati
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Description: What's MoreA. Directions: Below is the summarized financial information of Redz Company.Compute the following. Write your answers on a separatesheet of paper.1. Average Inventory2. Average Receivable3. Average Payable4. Inventory Turnover Ratio5. Da

The question is based on the concept of Accounting Ratios. As per the Bartleby guidelines we are…

Business

Accounting

What's Mc A. Directions: Below is the summa Compute the followi sheet of paper. 1. Average Inventory 2. Average Receivable 3. Average Payable 4. Inventory Turnover Ratio 5. Days of Inventories 6. Receivables Turnover Ratic 7. Days of Receivable 8. Payables Turnover Ratio 9. Days of Payable 10. Operating Cycle Accounts Inventory Accounts Receivable Accounts Payable Net Sales Cost of Goods Sold

What's Mc A. Directions: Below is the summa Compute the followi sheet of paper. 1. Average Inventory 2. Average Receivable 3. Average Payable 4. Inventory Turnover Ratio 5. Days of Inventories 6. Receivables Turnover Ratic 7. Days of Receivable 8. Payables Turnover Ratio 9. Days of Payable 10. Operating Cycle Accounts Inventory Accounts Receivable Accounts Payable Net Sales Cost of Goods Sold

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Consider the following company’s balance sheet and income statement. For this company, calculate the following: Current ratio. Number of days’ sales in receivables. Sales to total assets.
Directions: Below is the summarized financial information of Redz Company. Compute the following. Write your answers on a separate sheet of paper. 1. Average Inventory Average Receivable Average Payable Inventory Turnover Ratio Days of Inventories Receivables Turnover Ratio Days of Receivable Payables Turnover Ratio 2. 3. 4. 3. 6. 785 7. 8. 9. Days of Payable 10. Operating Cycle Beginnine. Php 2.000,000.00 Php 1,150.000.00 Php 300.000,00 Php 10,000,0000,00 Php 6,5 00.000.00 Ending Php 3.100,000.00 Php 2.000,000.00 Php 18 00.000.00 Accounts Inventory Accournts Receivable Accouits Paynble Net Sales Cost of CGoods9 Sold
O DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a horizontal analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance. Accounts Receivable Inventory Total Assets Dec. 31, 2022 Dec. 31, 2021 460,000 780,000 3,164,000 Example: NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point for the answer, as seen in the example below. The text box will highlight red if incorrect after clicking the Submit button (bottom right corner). 400,000 650,000 2,800,000 Accounts Receivable 30000 ÷ •1• 500000 6.0 % olo % 010
DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a horizontal analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance. Accounts Receivable Inventory Total Assets Dec. 31, 2022 Dec. 31, 2021 460,000 780,000 3,164,000 Example: NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point for the answer, as seen in the example below. The text box will highlight red if incorrect after clicking the Submit button (bottom right corner). 400,000 650,000 2,800,000 Accounts Receivable 30000 ÷ 500000 = ·I. = 6.0 % %
O DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a horizontal analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance. Accounts Receivable Inventory Total Assets Dec. 31, 2022 Dec. 31, 2021 460,000 780,000 3,164,000 Example: NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point for the answer, as seen in the example below. The text box will highlight red if incorrect after clicking the Submit button (bottom right corner). 400,000 650,000 2,800,000 Accounts Receivable 30000 ÷ 500000 400000 || || 6.0 I % % Kay Partners and Your Business Model olo
DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a vertical analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance. Accounts Receivable Inventory Total Assets Dec. 31, 2022 460,000 780,000 3,164,000 Example: Dec. 31, 2021 NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point for the answer, as seen in the example below. The text box will highlight red if incorrect after clicking the Submit button (bottom right corner). Accounts Receivable 2022 400,000 650,000 2,800,000 30000 ·I· 500000 = = 6.0 % %
DIRECTIONS: Using these data from Rollaird Company's comparative balance sheets, perform a vertical analysis. Use Ch. 13, "Financial Analysis: The Big Picture," as guidance. Accounts Receivable Inventory Total Assets Dec. 31, 2022 460,000 780,000 3,164,000 Example: Dec. 31, 2021 NOTE: When entering your numbers, use whole numbers in the equation, and 1 decimal point for the answer, as seen in the example below. The text box will highlight red if incorrect after clicking the Submit button (bottom right corner). Accounts Receivable 2022 400,000 650,000 2,800,000 30000 ÷ 500000 = 6.0 % %
Find the following using the data bellow Accounts receivable = 111,100,000 Current assets = 316,500,000 Total assets = 600,000,000 A. Return on assets B. Common equity C .Quick ratio
Activity 4: Compute the following financial ratios using the given financial statements below. Round off your answer to the nearest hundreds a. Gross profit ratio b. Operating income ratio c. Net profit ratio d. Return on asset (ROA) e. Return on equity (ROE) f. Asset turnover g. Fixed asset turnover h. Inventory turnover i.Days in Inventory j.Accounts receivables turnover
What is accounts payable turnover?a. Purchases on account divided by average accounts payableb. A measure of liquidityc. A measure of the number of times a year a company is able to pay its accounts payabled. All of the listed answers are correct.
Consider the following company’s balance sheet and income statement. Number of days in inventory. Debt-to-asset ratio. Cash-flow-to-debt ratio.
Find the liquidity ratios (current ratios, acid-test ratio, average collection period, accounts receivable turnover, inventory turnover) from the following financial statement (please open the link) https://alfamart.co.id/storage/report-lists/March2021/FTR7FV0X3t8l9QzYV0tw.pdf