Question
In: Finance
Consider the following financial data for J. White Industries: Total assets turnover: 1.8 Gross profit margin...
Consider the following financial data for J. White Industries:
Total assets turnover: 1.8
Gross profit margin on sales: (Sales - Cost of goods sold)/Sales =
29%
Total liabilities-to-assets ratio: 45%
Quick ratio: 1.05
Days sales outstanding (based on 365-day year): 33 days
Inventory turnover ratio: 5.0
The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.
Open spreadsheet
Complete the balance sheet and sales information in the table that follows for J. White Industries. Do not round intermediate calculations. Round your answers to the nearest whole dollar.
| Partial Income | Statement Information |
| Sales | $ |
| Cost of goods sold | $ |
Balance Sheet
| Cash | $ | Accounts payable | $ |
| Accounts receivable | $ | Long-term debt | $ 50,000 |
| Inventories | $ | Common stock | $ |
| Fixed assets | $ | Retained earnings | $ 100,000 |
| Total assets | $ 400,000 | Total liabilities and equity | $ |
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jeff jeffy answered 3 months agoRelated Solutions
Balance Sheet Analysis Consider the following financial data for J. White Industries: Total assets turnover: 1.2...
Balance Sheet Analysis
Consider the following financial data
for J. White Industries:
Total assets turnover: 1.2
Gross profit margin on sales: (Sales -
Cost of goods sold)/Sales = 26%
Total liabilities-to-assets ratio:
55%
Quick ratio: 0.85
Days sales
outstanding (based on 365-day year): 38 days Inventory turnover
ratio: 5.0
Open Excel spreadsheet and perform the
required analysis to answer the questions below.
Complete the balance sheet and sales
information in the table that follows for J. White Industries. Do
not...
AA had a profit margin of 8%, a total assets turnover of 1.5 and an equity...
AA had a profit margin of 8%, a total assets turnover of 1.5 and
an equity multiplier of 1.8. 1. Calculate company's ROE . 2. What
can you say about this ROE if ROE's Industry Average is 15%
Excel Online Structured Activity: Balance Sheet Analysis Consider the following financial data for J. White Industries:...
Excel Online Structured Activity: Balance Sheet Analysis
Consider the following financial data for J. White
Industries:
Total assets turnover: 2.6
Gross profit margin on sales: (Sales - Cost of goods sold)/Sales =
21%
Total liabilities-to-assets ratio: 50%
Quick ratio: 0.90
Days sales outstanding (based on 365-day year): 38 days
Inventory turnover ratio: 6.0
The data has been collected in the Microsoft Excel Online file
below. Open the spreadsheet and perform the required analysis to
answer the questions below.
Open spreadsheet...
Dp Jones had a profit margin of 0.05,total assets turnover of 1.7, and an equity multipler...
Dp
Jones had a profit margin of 0.05,total assets turnover of 1.7, and
an equity multipler of 3.0. Calculate DP Jones return on common
equity
Using the financial data below calculate the following ratios: 1) Gross Profit Margin; 2) Net Profit...
Using the financial data below calculate the following ratios:
1) Gross Profit Margin; 2) Net Profit Margin; 3) Return on Assets;
4) Days Sales Outstanding; 5) Quick Ratio. For
EACH of these five ratios do the following: 1)
calculate the value and 2) interpret the value in about one
sentence. TO RECEIVE ANY CREDIT YOU MUST SHOW
YOUR WORK, WITHIN THE PROVIDED WORK SPACE. FINAL ANSWERS ONLY WILL
NOT CUT IT!
Balance Sheet
ASSETS LIABILITIES
Cash:
$1,160,000 Current
Liabilities: $173,000
A/R:
335,000 Non-current...
Calculating Gross Profit Margin and Inventory Turnover The following table presents sales revenue, cost of goods...
Calculating
Gross Profit Margin and Inventory Turnover
The following table presents sales revenue, cost of goods sold, and
inventory amounts for three retailers of fine jewelry, Tiffany
& Co., Zale Corporation, and Blue Nile, Inc. (an Internet
retailer).
($ millions)
2013
2012
Tiffany & Co.
Revenues
$4,585
$4,017
Cost of goods sold
1,776
1,674
Inventory
2,489
2,347
Zale Corporation
Revenues
$1,973
$1,910
Cost of goods sold
989
949
Inventory
823
769
Blue Nile, Inc.
Revenues
$505
$443
Cost of goods...
Calculating Gross Profit Margin and Inventory Turnover The following table presents sales revenue, cost of goods...
Calculating Gross Profit Margin and Inventory Turnover
The following table presents sales revenue, cost of goods sold, and
inventory amounts for three retailers of fine jewelry, Tiffany
& Co., Zale Corporation, and Blue Nile, Inc. (an Internet
retailer).
($ millions)
2013
2012
Tiffany & Co.
Revenues
$4,231
$3,974
Cost of goods sold
1,766
1,664
Inventory
2,477
2,335
Zale Corporation
Revenues
$1,963
$1,900
Cost of goods sold
979
939
Inventory
813
759
Blue Nile, Inc.
Revenues
$495
$433
Cost of goods...
Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.3×...
Complete the balance sheet and sales information using the
following financial data: Total assets turnover: 1.3× Days sales
outstanding: 73.0 daysa Inventory turnover ratio: 5× Fixed assets
turnover: 3.0× Current ratio: 2.0× Gross profit margin on sales:
(Sales - Cost of goods sold)/Sales = 15% aCalculation is based on a
365-day year. Do not round intermediate calculations. Round your
answers to the nearest dollar. Balance Sheet Cash $ Current
liabilities $ Accounts receivable Long-term debt 48,000 Inventories
Common stock Fixed...
Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.4x...
Complete the balance sheet and sales information using the
following financial data: Total assets turnover: 1.4x Days sales
outstanding: 36.5 daysa Inventory turnover ratio: 4x Fixed assets
turnover: 3x Current ratio: 1.9x Gross profit margin on sales:
(Sales - Cost of goods sold)/Sales = 15% aCalculation is based on a
365-day year. Do not round intermediate calculations. Round your
answer to the nearest cent. Balance Sheet Cash $ Current
liabilities $ Accounts receivable Long-term debt 50,000 Inventories
Common stock Fixed...
Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.4x...
Complete the balance sheet and sales information using the
following financial data: Total assets turnover: 1.4x Days sales
outstanding: 36.5 daysa Inventory turnover ratio: 4x Fixed assets
turnover: 3x Current ratio: 1.9x Gross profit margin on sales:
(Sales - Cost of goods sold)/Sales = 15% aCalculation is based on a
365-day year. Do not round intermediate calculations. Round your
answer to the nearest cent. Balance Sheet Cash $ Current
liabilities $ Accounts receivable Long-term debt 50,000 Inventories
Common stock Fixed...
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