drowning in accounting 419959

A company has total assets of $5,670,482, common stock of 2,181,111, retained earnings of $1,128,473. What is the company’s debt ratio? 58.37% 71.34% 42.03% 41.63% 38.46% Based on the data given below, which of the following statements are true? Analysis Base Case Period Period (A) $1,400 $(4,400) (B) (10,200) 1,200 (C) 9,000 (D) 0 $10,200 A percent change either cannot be computed or is not meaningful for cases B and C The percent change for case C is 100% A percent change either cannot be computed or is not meaningful for cases A, B and C A percent change either cannot be computed or is not meaningful for case C A percent change either cannot be computed or is not meaningful for cases A,B,C and D A company had a profit margin of 7%. If net income equaled $40,000 and average total assets equaled $338,000, how much were net sales? (Rounded to the nearest whole dollar.) $23,660 $571,429 $483 $2,800 $298,000 A company had a return on common stockholders’ equity of 28%. Net income equaled $230,000 and average common stockholders’ equity equaled $730,000. Compute the amount of the preferred dividends declared. $230,000 $25,600 $500,000 $204,400 $64,400 A company has sales of $2,498,422, a gross profit ratio of 21%, a days’ sales in inventory ratio of 12.8, and total current assets of $543,600. What is the ending inventory for the year? $42,469 $ 18,931 $114,156 $404,180 $69,217 A company has long term notes payable of $179,625, taxes of $9,900, ending merchandise inventory of $454,290, interest expense of $14,450, net sales of $724,000 a gross profit ratio of 30%, a times interest earned ratio of 4.63, and total assets of $1,304,417. What is the company’s earnings before interest and taxes? $192,850 $217,200 $46,911 $112,741 $66,904 Selected comparative income statement amounts for a company are shown below. Using 2009 as the base year for a horizontal analysis, compute the account with the most significant percentage change. 2009 2010 Sales $380,000 $500,000 General and Administrative Expenses $28,000 $30,800 Interest Expense $1,800 $1,800 Miscellaneous Expense $130 $140 Cannot be determined from the given data General and Administrative Expenses Miscellaneous Expense Interest Expense Sales A company had a return on common stockholders’ equity of 24%. Net income equaled $680,000 and average common stockholders’ equity equaled $2,500,000. Compute the amount of preferred dividends declared. $601,042 $1,280,000 $1,820,000 $80,000 $600,000 A company is preparing a common size balance sheet and wishes the base amount to be the total amount of assets. What are the 2009 and 2010 common size percents (rounded) for cash? 2009 2010 Cash $21,800 $31,800 Total current assets 101,200 141,800 Property and equipment 112,900 202,300 Long term investments 12,200 4,000 Intangible assets 16,100 48,000 Other long term assets 11,200 13,200 Total assets 253,600 409,300 8% in 2009 and 7% in 2010 9% in 2009 and 8% in 2010 The percent cannot be computed for 2009 and 9% in 2010 19% in 2009 and 21 in 2010 22% in 2009 and 22% in 2010