subject
Business, 12.12.2019 04:31 josie122

Selected year-end financial statements of cabot corporation follow. (all sales were on credit; selected balance sheet amounts at december 31, 2016, were inventory, $48,900; total assets, $249,400; common stock, $81,000; and retained earnings, $36,676.) cabot corporation income statement for year ended december 31, 2017 sales $ 456,600 cost of goods sold 297,650 gross profit 158,950 operating expenses 99,100 interest expense 4,800 income before taxes 55,050 income taxes 22,176 net income $ 32,874 cabot corporation balance sheet december 31, 2017 assets liabilities and equity cash $ 14,000 accounts payable $ 18,500 short-term investments 9,000 accrued wages payable 4,600 accounts receivable, net 29,800 income taxes payable 2,800 notes receivable (trade)* 4,500 merchandise inventory 36,150 long-term note payable, secured by mortgage on plant assets 68,400 prepaid expenses 3,100 common stock 81,000 plant assets, net 148,300 retained earnings 69,550 total assets $ 244,850 total liabilities and equity $ 244,850 * these are short-term notes receivable arising from customer (trade) sales. required: compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales in inventory, (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total a

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 00:30
Needs to schedule the staffing of the center. it is open from 8am until midnight. larry has monitored the usage of the center at various times of the day and determined that the following number of computer consultants are required: time of dayminimum number of consultants required to be on duty8 am-noon4noon-4 pm84pm-8pm108pm-midnight6 two types of computer consultants can be hired: full-time and part-time. the full- time consultants work for eight consecutive hours in any of the shifts: morning (8am- 4pm), afternoon (noon-8pm) and evening (4pm-midnight). full-time consultants are paid $14 per hour. part-time consultants can be hired to work any of the four shifts listed in the table. part-time consultants are paid $12 per hour. an additional requirement is that during every time period, there must be at least two full-time consultants on duty for every part-time consultant on duty. larry would like to determine how many full-time and part-time consultants should work each shift to meet the above requirements at the minimum possible cost. formulate this as an lp problem. you must define your variables clearly
Answers: 2
question
Business, 22.06.2019 11:00
If the guide wprds on the page are "crochet " and "crossbones", which words would not be on the page. criticize, crocodile,croquet,crouch,crocus.
Answers: 1
question
Business, 22.06.2019 18:30
Jason started last week with $900 in his checking account. during the week, he wrote the checks below. at the end of the week, jason received a paycheck for $534.59. he recorded all of these transactions in his check register. trans typ./ check no. date description of transaction payment/ debit deposit/ credit (+) balance 900 00 241 12/4 miller's food market 53.21 53 21 groceries 846 79 242 12/7 frank's auto parts 24.05 24 05 oil and filter 822 74 243 12/8 mike's barber shop 15.00 15 00 haircut 807 74 deposit 12/9 paycheck 534.59 534 59 1,342 33 evaluate jason's check register. a. jason did a good job; everything is correct. b. the final balance is wrong; jason did not add everything correctly. c. jason should have written debit instead of deposit for the transaction type. d. jason entered the amount for his paycheck in the wrong column.
Answers: 3
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
You know the right answer?
Selected year-end financial statements of cabot corporation follow. (all sales were on credit; sele...
Questions
question
Physics, 21.01.2021 15:40
question
Physics, 21.01.2021 15:40
question
Mathematics, 21.01.2021 15:40
question
Mathematics, 21.01.2021 15:40
question
Mathematics, 21.01.2021 15:40
question
Physics, 21.01.2021 15:40
Questions on the website: 13722360