Ernie Inc. has current assets of $12,500

Question # 00556858 Posted By: rey_writer Updated on: 07/05/2017 02:49 AM Due on: 07/05/2017
Subject Accounting Topic Accounting Tutorials:
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Ernie Inc. has current assets of $12,500, net fixed assets of $12,500, current liabilities of $6,000, and long term debt of $19,000. What is the value of shareholder’s equity for the firm? During 2014, Eagle Beach Company EBC) had sales of $1,000,000, cost of goods sold of $600,000, administrative and selling expenses of $95,000, depreciation expense of $140,000 and interest expense of $70,000. The tax rate is 35 percent. Ignore any tax loss carryback or carry forward provisions. What is the operating cash flow for EBC? If UARE, Inc. has sales of 8,500, total assets of 6000, a debt to equity ratio of 1.3 and a return on equity of 12 percent, what is UARE’s net income? A firm has net income of 275,000, profit margin of 10.0%, accounts receivables of 100,000 and a percentage of sales on credit of 85 percent. What is the firm’s days sales I receivables? Elddir, Inc. has net income of net income of 2500, a tax rate of 34%, interest expense of 4500 and deducted depreciation expense of 3500. What is Elddir’s cash coverage ratio?
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  1. Tutorial # 00554323 Posted By: rey_writer Posted on: 07/05/2017 02:49 AM
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