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Understanding Financial Statements and Cash Flow (Example)

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MODULE 3: CRITICAL THINKING ASSIGNMENT Student’s Name Institution Module 3 Critical Thinking Assignment Understanding Financial Statements and Cash Flow (100 Points) Complete the following problems. You will likely use a spreadsheet for this assignment but you may choose to type up your answers in a Word document. In either case be sure to show your work. Problem 3-1: Working with a Balance Sheet Prepare a balance sheet from the following information. What is the net working capital and debt ratio? DATA Cash 75 000 Account receivables 64 050 Accounts payable 34 500 Short-term notes payable 15 750 Inventories 60 000 Gross fixed assets 1 920 000 Other current assets 7 500 Accumulated depreciation 468 000 Long-term debt 300 000 Common stock 735 000 Other assets 22 500 Retained earnings ? Solution Balance Sheet: Cash 75 000 Accounts receivable 64 050 Inventories 60 000 Other current assets 7 500  Total Total assets turnover = sales / total assets = 525 000 / 1 312 500 = 0.4 Operating profit margin = operating income / sales = 162 500 / 525 000 = 0.30952 x 100 = 30.95% Days in receivables = account receivables / (sales / 365) = 75 000 / (525 000 / 365) = 52.14 days Operating return on assets = operating income / total assets = 162 500 / 1 312 500 = 0.124 or 12.4% Debt ratio = (total current debt + long-term debt) / total assets = (382 500 + 300 000) / 1 312 000 = 0.52 Fixed assets turnover = sales / new plant and equipment = 525 000 / 837 500 = 0.627 Return on equity = earnings available to common shareholders / (common stock + retained earnings) = 102 500 / (512 500 + 117 500) = 0.163 or 16.3% [...]

Order Description:

Complete the following problems: Problem 3-1: Working with a Balance Sheet Problem 3-2: Computing Cash Flows Problem 3-3: Working with the Statement of Cash Flows Problem 3-4: Ratio Analysis Problem 3-5: Market-Value Ratios Problem 3-6: Computing Ratios

Subject Area: Finance

Document Type: Personal Statement

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $40

Words 550

Pages 2

Completed in 1 day

Expert Cruncher D

Client Review

great work, delivered before deadline. perfect.

Positive
02.05.2018

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