Use the information in the table below to determine gross


1) Use the information in the table below to determine gross profit for this business. Enter your answer in the space provided.

if necessary, round to the nearest dollar.

Selling and admin expense: $39365

Depreciation Expense: $33925

Revenues: $185701

Interest Expense: $2500

Cost of Revenues: $89428

Taxes: $32033

2) Use the information in the table below to determine operating income for this business. Enter your answer in the space provided.

Do not enter dollar signs or commas. The number you enter should be rounded to the nearest dollar, with no decimals. Any number < 0 should be entered with the usual minus sign, such as -145.

For example, a number you calculate as $1,345.67 should be entered as 1346.

Revenues: $9628

Taxes: $165

Common shares outstanding: 10000

Cost of goods sold: $4904

Accounts payable: $1589

Interest expense: $79

Selling and administrative expense: $1853

Research and development expense: $519

Depreciation expense: $612

Net plant and equipment: $1500000

3) Use the information in the table below to determine earnings per share (EPS) for this business. Enter your answer in the space provided.

Do not enter dollar signs or commas. The number you enter should include two decimals and should be rounded appropriately to the nearest cent, or second decimal.

Revenues: $2763727

Taxes: $110295

Common shares outstanding: 300000

Costs of goods sold: $1701731

Accounts payable: $245000

Interest expense: $54000

Selling and administrative expense: $225007

Research and development expense: $100386

Depreciation expense: $162498

Net plant and equipment: $1500000

4) Given the information available in the table below, what is total current assets for this company?

Do not enter dollar signs or commas. The number you enter should be rounded to the nearest dollar, with no decimals.

Accounts payable: $260647

Inventories: $54911

Long term investments: $115884

Accounts receivable: $248199

Marketable securities: $52371

Allowance for bad debts: $17788

Cash: $42000

5) A firm you are studying as a possible investment is known for using a lot of debt to finance its assets. You wonder just how much debt that really is and decide to quickly calculate its long-term capital structure. You note that current liabilities are $33 million, long-term debt in the form of bonds is $124 million, total shareholders equity is $35 million, and short-term notes payable is $19 million. What is the proportion of debt used in this company's long-term capital structure?

Enter your answer as a decimal, rounded to the second decimal.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Use the information in the table below to determine gross
Reference No:- TGS02744624

Expected delivery within 24 Hours