Business, 22.07.2020 18:01, anamaliiow
Use the following information to answer this question.
Bayside, Inc. 2010 Income Statement ( in thousands)
Net sales $6,020
Less: Cost of goods sold 4,290
Less: Depreciation 365
Earnings before interest and taxes$1,365
Less: Interest paid 32
Taxable Income $1,333
Less: Taxes 467
Net income $866
Bayside, Inc. 2009 and 2010 Balance Sheets ($ in thousands)
2009 2010 2009 2010
Cash $115 $220 Accounts payable $1,580 $1,560
Accounts rec1,010 850 Long-term debt 820 620
Inventory 1,685 2,070 Common stock $3,260 $3,290
Total $2,810 $3,140 Retained earnings 890 1,140
Net fixed assets 3,740 3,470
Total assets $6,550 $6,610 Total liab. & equity $6,550 $6,610
How many dollars of sales are being generated from every dollar of fixed assets?
a. $0.92
b. $0.91
c. $1.73
d. $1.67
e. $1.61,
Answers: 3
Business, 22.06.2019 01:30, ghollins
Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e. g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e. g. 45.5 million.) total assets = total liabilities + total stockholders’ equity
Answers: 3
Business, 22.06.2019 12:30, bella51032
True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product
Answers: 1
Business, 22.06.2019 15:30, Kiaraboyd9366
The school cafeteria can make pizza for approximately $0.30 a slice. the cost of kitchen use and cafeteria staff runs about $200 per day. the pizza den nearby will deliver whole pizzas for $9.00 each. the cafeteria staff cuts the pizza into eight slices and serves them in the usual cafeteria line. with no cooking duties, the staff can be reduced by half, for a fixed cost of $75 per day. should the school cafeteria make or buy its pizzas?
Answers: 3
Use the following information to answer this question.
Bayside, Inc. 2010 Income Statement ( in tho...
Business, 17.07.2019 02:10
Social Studies, 17.07.2019 02:10