subject
Business, 09.07.2019 19:20 uwrongboi

Nabisco company's balance sheet accounts follow: at december 31 2010 2009 2008 assets cash $ 36,229 $ 42,780 $ 44,562 accounts receivable, net 106,073 76,377 57,087 merchandise inventory 137,408 98,929 62,038 prepaid expenses 11,548 11,003 4,903 plant assets, net 335,317 311,062 272,710 total assets $ 626,575 $ 540,151 $ 441,300 liabilities and equity accounts payable $ 157,577 $ 94,024 $57,087 long-term notes payable secured by mortgages on plant assets 116,618 127,962 99,478 common stock, $10 par value 163,500 163,500 163,500 retained earnings 188,880 154,665 121,235 total liabilities and equity $ 626,575 $ 540,151 $ 441,300 the company's income statements for the years ended december 31, 2010 and 2009, follow: for year ended december 31 2010 2009 sales $ 685,000 $ 557,000 cost of goods sold $ 417,850 $ 356,265 other operating expenses 207,282 141,971 interest expense 8,175 8,960 income taxes 12,900 12,450 total costs and expenses 646,207 519,646 net income $ 38,793 $ 37,354 earnings per share $ 2.37 $ 2.28 compare the company's long-term risk and capital structure positions at the end of 2010 and 2009 by computing the following ratios. [from wild: fundamental accounting principles, 19e (0073379549): e17-9] (b) debt-to-equity ratio. (round your answers to 2 decimal places.)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
Roi analysis using dupont model. charlie? s furniture store has been in business for several years. the firm? s owners have described the store as a ? high-price, highservice? operation that provides lots of assistance to its customers. margin has averaged a relatively high 32% per year for several years, but turnover has been a relatively low 0.4 based on average total assets of $800,000. a discount furniture store is about to open in the area served by charlie? s, and management is considering lowering prices in order to compete effectively. required: a. calculate current sales and roi for charlie? s furniture store. b. assuming that the new strategy would reduce margin to 20%, and assuming that average total assets would stay the same, calculate the sales that would be required to have the same roi as they currently earned. c. suppose that you presented the results of your analysis in parts a and b of this problem to charlie, and he replied, ? what
Answers: 1
question
Business, 22.06.2019 18:00
Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.
Answers: 2
question
Business, 23.06.2019 01:30
What is a market? a. a system that allows people or companies to buy and sell products and services b. the number of companies willing to manufacture a specific product c. the ability to buy production materials in large quantities and save on costs d. a product's ability to satisfy a consumer
Answers: 2
question
Business, 23.06.2019 21:00
In the past, peter kelle's tire dealership in baton rouge sold an average of 1,200 radials each year. in the past 2 years, 200 and 250, respectively were sold in fall, 360 and 300 in winter, 150 and 175 in spring, and 320 and 645 in summer. with a major expansion planned, kelle projects sales next year to increase to 1,400 radials. based on next year's projected sales, the demand for each season is going to be
Answers: 1
You know the right answer?
Nabisco company's balance sheet accounts follow: at december 31 2010 2009 2008 assets cash $ 36,229...
Questions
question
Mathematics, 16.10.2020 06:01
question
Mathematics, 16.10.2020 06:01
question
Mathematics, 16.10.2020 06:01
question
Mathematics, 16.10.2020 06:01
question
Biology, 16.10.2020 06:01
question
Mathematics, 16.10.2020 06:01
Questions on the website: 13722361