Long-term debt ratio 0.3 Times interest earned 8.0 Current ratio 1.4 Quick ratio 1.0 Cash ratio 0.4 Inventory turnover 4.0 Average collection period 73 days Use the above information from the tables to work out the following missing entries, and then calculate the company’s return on equity. Note: Turnover and the average collection period are calculated using start-of-year, not average, values. (Enter your answers in millions. Round intermediate calculations and final answers to 2 decimal places.)
COMPLETE THE INCOME STATEMENT
Net Sales?
Cost of Goods sold?
selling, general and administrative expenses = 16.00
depreciation = 26.00
EBIT?
Interest Expense?
income before tax?
tax (35% of income before tax)?
Net Income?
COMPLETE THE BALANCE SHEET
Balance Sheet
Figures in Milliions this year last
year
Assets
Cash and marketable securities ? $26
accounts receivable ? 40
inventories ? 32
Total current assets ? $98
net property, plant, and equipment ? $129
Liabilities and shareholders equity
Accounts payable $20.00 $15
Notes payable 30 $35
total current liabilities ? $50
long term debt ? $26
shareholders equity ? $53
total liabilities and shareholders equity $175.00 $129
In: Accounting
An investor is reviewing two proposals, assuming similar risk profiles and a 14% required return, which one should the investor buy? Why?
Lee Vista:
Purchase Price: $464,000
Cash flows from operations:
Year 1 $48,000
Year 2 $49,440
Year 3 $50,923
Year 4 $52,451
Year 5 $54,025
Cash flow from sale on year 5 $560,000
Colony Park:
Purchase Price: $500,000
Cash flows from operations:
Year 1 $56,000
Year 2 $57,400
Year 3 $58,835
Year 4 $60,306
Year 5 $61,814
Cash flow from sale on year 5 $597,000
In: Finance
In: Accounting
Where are the deer? Random samples of square-kilometer plots were taken in different ecological locations of a national park. The deer counts per square kilometer were recorded and are shown in the following table.
| Mountain Brush | Sagebrush Grassland | Pinon Juniper |
| 30 | 15 | 4 |
| 30 | 57 | 9 |
| 20 | 21 | 8 |
| 25 | 23 | 4 |
A) Find SSTOT, SSBET, and SSW and check that SSTOT = SSBET + SSW. (Use 3 decimal places.)
B) Find d.f.BET, d.f.W, MSBET, and MSW. (Use 4 decimal places for MSBET, and MSW.)
C) Find the value of the sample F statistic. (Use 2 decimal places.)
In: Statistics and Probability
Margot is walking in a straight line from a point 40 feet due east of a statue in a park toward a point 34 feet due north of the statue. She walks at a constant speed of 4 feet per second.
(a) Write parametric equations for Margot's position t seconds after she starts walking. (Round your coefficients to four decimal places as needed.)
(b) Write an expression for the distance from Margot's position to the statue at time t. (Round your coefficients to four decimal places as needed.)
(c) Find the times when Margot is 36 feet from the statue. (Round your answers to two decimal places)
In: Math
Question Preparing a bank reconciliation
The Cash account of Guard Dog Security Systems reported a balance of $2,540 at December 31, 2018. There were outstanding checks totaling $400 and a December 31 deposit in transit of $100. The bank statement, which came from Park Cities Bank, listed the December 31 balance of $3,340. Included in the bank balance was a collection of $510 on account from Brendan Ballou, a Guard Dog customer who pays the bank directly. The bank statement also shows a $30 service charge and $20 of interest revenue that Guard Dog earned on its bank balance. Prepare Guard Dog’s bank reconciliation for December 31.
In: Accounting
Question 1: Why are costs so important for a perfectly competitive firm?
Question 2: Suppose you own and manage a hotel that has 100 rooms. Your total costs (including all staff wages, utilities, insurance, lease payments, etc.) are $10,000/night, such that your average total costs per room are $100 per night. You work with an online bidding Web site (like Priceline) and receive a bid of $70 for a single night in the following week. You currently have several vacant rooms available on this night. Should you accept this bid? Briefly explain on what factors this decision would depend.
In: Economics
The English Premier League has 20 teams, throughout the season,
each team plays each of the other teams once at home and once away.
(e.g. Everton plays Liverpool at Anfield, which is Liverpool’s home
field, and Everton plays Liverpool at Goodison Park, which is
Everton’s home field.) Teams are awarded 3 points for a win, 1
point for a draw, and 0 points for a loss
(a) How many combinations of wins, losses, and draws are possible for a team throughout the season, regardless of the order?
(b) How many ways can a team win 6 out of 10 games? Here, order matters, and you are only considering those 10 games.
In: Statistics and Probability
examining Porter's Five Forces as a tool for looking at the pressures on profits. Specifically, you will be looking at defining Porter's Five Forces and applying this tool to the market structures and pressures on profits of a chosen group of firms •Chose one of the following groups and use Porter's Five Forces to analyze the pressures on profits for your chosen group's firms. ◦Group 1: the accommodations industry (e.g., Hilton, Marriott Bonvoy, InterContintental Hotel Group). ◦Group 2: the wireless telecommunications industry (e.g., Verizon, AT&T, T-Mobile). •If you want to dig deeper into how one of the firms views the challenges it faces, you might want to look at the firm's investor page.
In: Economics
Suppose that you as a researcher wanted to examine the impact of police officer rank on perceptions of friendliness by citizens in College Park, MD. Rank is measured as patrol officer, sergeant or captain, and citizen perception is captured by a scale ranging from -50 to 50 and measured in a survey given to 1,000 randomly selected people after an interaction with a police officer. 500 people talked to a patrol officer, 300 talked to a sergeant and 200 people talked to a captain.
3. What is the a) unit of observation and b) reasonable population for this sample?
4. Identify the a) independent and b) dependent variables.
5. For each variable, name what kind of variable it is (nominal, ordinal, interval, or ratio).
In: Math