Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 471 Weeks Ago, 1 Day Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Accounting Posted 19 May 2017 My Price 8.00

Ratio Analysis Data for Barry Computer Co

Ratio Analysis

Data for Barry Computer Co. and its industry averages follow.

Barry Computer Company:
Balance Sheet as of December 31, 2014 (In Thousands)
 
Cash $51,840   Accounts payable $77,760
Receivables 181,440   Other current liabilities 58,320
Inventories 155,520   Notes payable 51,840
   Total current assets $388,800      Total current liabilities $187,920
      Long-term debt $142,560
Net fixed assets 259,200   Common equity 317,520
Total assets $648,000   Total liabilities and equity $648,000
Barry Computer Company:
Income Statement for Year Ended December 31, 2014 (In Thousands)
 
Sales     $1,200,000
Cost of goods sold      
   Materials $564,000    
   Labor 252,000    
   Heat, light, and power 60,000    
   Indirect labor 120,000    
   Depreciation 48,000   $1,044,000
Gross profit   $156,000
Selling expenses   108,000
General and administrative expenses   24,000
   Earnings before interest and taxes (EBIT)   $24,000
Interest expense   11,405
   Earnings before taxes (EBT)   12,595
Federal and state income taxes (40%)   5,038
Net income   $7,557

Calculate the indicated ratios for Barry. Round your answers to two decimal places.

Ratio Barry Industry Average
     
Debt/Total capital?? % 45.00%


aCalculation is based on a 365-day year.

Answers

Alpha Geek
(8)
Status NEW Posted 19 May 2017 03:05 PM My Price 8.00

-----------

Attachments

file 1495209565-Answer.docx preview (183 words )
R-----------ati-----------o A-----------nal-----------ysi-----------s -----------Dat-----------a f-----------or -----------Bar-----------ry -----------Com-----------put-----------er -----------Co.----------- an-----------d i-----------ts -----------ind-----------ust-----------ry -----------ave-----------rag-----------es -----------fol-----------low-----------. -----------Bar-----------ry -----------Com-----------put-----------er -----------Com-----------pan-----------y: ----------- Ba-----------lan-----------ce -----------She-----------et -----------as -----------of -----------Dec-----------emb-----------er -----------31,----------- 20-----------14 -----------(In----------- Th-----------ous-----------and-----------s) ----------- Ca-----------sh -----------$51-----------,84-----------0 A-----------cco-----------unt-----------s p-----------aya-----------ble----------- $7-----------7,7-----------60 ----------- Re-----------cei-----------vab-----------les----------- 18-----------1,4-----------40 -----------Oth-----------er -----------cur-----------ren-----------t l-----------iab-----------ili-----------tie-----------s 5-----------8,3-----------20 ----------- In-----------ven-----------tor-----------ies----------- 15-----------5,5-----------20 -----------Not-----------es -----------pay-----------abl-----------e 5-----------1,8-----------40 -----------  ----------- Â----------- To-----------tal----------- cu-----------rre-----------nt -----------ass-----------ets----------- $3-----------88,-----------800-----------  ----------- Â----------- To-----------tal----------- cu-----------rre-----------nt -----------lia-----------bil-----------iti-----------es -----------$18-----------7,9-----------20 ----------- Lo-----------ng------------ter-----------m d-----------ebt----------- $1-----------42,-----------560----------- N-----------et -----------fix-----------ed -----------ass-----------ets----------- 25-----------9,2-----------00 -----------Com-----------mon----------- eq-----------uit-----------y
Not Rated(0)