The following information is available for Marin Inc. for three recent fiscal years. 2017 2016 2015...

The following information is available for Marin Inc. for three recent fiscal years. 2017 2016 2015 Inventory $546,328 $571,700 $326,238 Net sales 1,934,372 1,695,980 1,327,594 Cost of goods sold 1,554,675 1,312,366 964,008 Calculate the inventory turnover, days in inventory, and gross profit rate for 2017 and 2016. (Round inventory turnover to 1 decimal place, e.g. 5.2, days in inventory to 0 decimal places, e.g. 125 and gross profit rate to 1 decimal place, e.g. 5.2%.) 2017 2016 Inventory Turnover times times Days in Inventory days days Gross Profit Rate % %

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ekkarill92 answered 2 years ago

Calculate Tesla INC.'s WACC for fiscal years 2017, 2016, 2015.

The following information is available for Gildan Activewear Inc., headquartered in Montreal, for three recent fiscal...

The following information is available for Gildan Activewear Inc., headquartered in Montreal, for three recent fiscal years (in U.S. $ thousands): 2016 2015 2014 Inventory $ 851,033 $ 779,407 $ 595,794 Net sales 2,959,238 2,359,994 2,284,303 Cost of goods sold 2,229,130 1,701,311 1,550,266 Calculate the inventory turnover, days in inventory, and gross profit margin for 2016 and 2015. (Round inventory turnover and gross profit margin ratio to 1 decimal place, e.g. 15.2. Round days in inventory to nearest day. Use...

Suppose the following information is available for Callaway Golf Company for the years 2017 and 2016....

Suppose the following information is available for Callaway Golf Company for the years 2017 and 2016. (Dollars are in thousands, except share information.) 2017 2016 Net sales $ 1,128,000 $ 1,135,100 Net income (loss) 123,785 42,510 Total assets 863,338 846,078 Share information Shares outstanding at year-end 60,900,000 69,400,000 Preferred dividends 0 0 There were 72,300,000 shares outstanding at the end of 2015. (a) What was the company’s earnings per share for each year? (Round answers to 2 decimal places, e.g....

Financial statement information is provided for the three years ending December 31, 2015, 2016 and 2017....

Financial statement information is provided for the three years ending December 31, 2015, 2016 and 2017. 2017 2016 2015 Cash $443,550 $355,750 $142,800 Accounts Receivable $59,600 $62,500 $58,400 Merchandise Inventory $87,000 $90,100 $85,000 Prepaid Expenses $6,400 $5,800 $5,800 Notes Receivable, due in 2018 $5,000 $5,500 $5,000 Property, Plant & Equipment $580,175 $518,525 $528,950 Accumulated Depreciation $114,175 $96,525 $97,950 Accounts Payable $16,900 $17,800 $15,000 Unearned Sales $6,100 $6,500 $7,400 Notes Payable, due in 2017 $119,000 $126,000 $124,000 I.C. Rhodes, Capital $1,075,550...

The following information is available for Italiano Ices for the years 2015 and 2014: 2014 2015...

The following information is available for Italiano Ices for the years 2015 and 2014: 2014 2015 market price of common stock $38.30 $44.00 earnings per share 2.00 1.77 dividends per share 1.00 0.88 Requirements: A. Calculate the dividend yield for both 2015 and 2014 B. Does the dividend yield appear to be low, moderate, or high? What does your choice indicate about the company's strategy with regard to paying dividends? C. What caused the change in the dividend yield ratio...

The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information...

The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands): Caleres, Inc. 2016 2015 Cost of sales $1,517,397 $1,529,527 Inventories, net 585,764 546,745 LIFO reserve 4,345 4,094 The footnotes to the 2016 financial statements of Skechers U.S.A., Inc. reported that the company uses the FIFO method of accounting for inventories. Financial statements reported the following (in thousands): Skechers U.S.A., Inc. 2016 2015 Cost of sales $1,928,715 $1,723,315 Inventories,...

1. The following information is available for the first three years of operations for Santos Inc.:...

1. The following information is available for the first three years of operations for Santos Inc.: Year Taxable Income 2020 $850,000 2021 900,000 Depreciation of property, plant and equipment for financial reporting purposes amounts to $30,000 each year for 3 years beginning in 2020. The company is able to deduct the full cost under the IRS Code Section 179 $90,000 amount allowed for tax purposes in 2020 (note there is no tax depreciation in future years). On July...

WIPER, INC. Condensed Balance Sheets December 31, 2017, 2016, 2015 (in millions) 2017 2016 2015 Current...

WIPER, INC. Condensed Balance Sheets December 31, 2017, 2016, 2015 (in millions) 2017 2016 2015 Current assets $ 683 $ 915 $ 763 Other assets 2,416 1,923 1,722 Total assets $ 3,099 $ 2,838 $ 2,485 Current liabilities $ 576 $ 806 $ 713 Long-term liabilities 1,513 1,003 851 Stockholders’ equity 1,010 1,029 921 Total liabilities and stockholders' equity $ 3,099 $ 2,838 $ 2,485 WIPER, INC Selected Income Statement and Other Data For the year Ended December 31, 2017...

The following information is available for Ziyana: Statement of Financial Position at 31st December 2016 2015...

The following information is available for Ziyana: Statement of Financial Position at 31st December 2016 2015 Assets Non-current assets Cost/valuation 11000000 8000000 Acc Depn -5600000 -4800000 Carrying amount 5400000 3200000 Current Assets Inventories 3400000 3800000 Receivables 3800000 2900000 Cash at bank 400000 7600000 100000 6800000 Current liabilities Trade payables 3700000 3200000 Tax 700000 -4400000 600000 -3800000 Non-current Liablities 10% Loan notes -3000000 -2000000 5600000 4200000 Equity and liabilities Equity Ordinary share capital 1000000 1000000 Revaluation surplus 1500000 1000000 Retained earnings...

The following information is available for MVF Company (dollar amounts are in millions): 2016 2015 2014...

The following information is available for MVF Company (dollar amounts are in millions): 2016 2015 2014 2013 Net sales $23.2 $21.7 $19.6 $17.4 Cost of goods sold 17.1 16.8 15.2 13.5 Beginning finished goods inventory 2.3 2.1 1.9 1.5 Ending finished goods inventory 2.9 2.3 2.1 1.9 Materials purchased 10.6 8.8 7.5 7.1 Calculate the following ratios for each year: Gross profit percentage. Inventory turnover. Cost of materials purchased to cost of finished goods produced. Analyze the results obtained in...

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