8/10/2019 QRB 501 Week 5 Individual Assignment - Problem Set.xls

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Assets

Cash 8776Accounts receivable 7170

Mechandise inventory 17994

Total assets 33940

Liabilities

Accounts payable 10331

a!es payable 3""0

Total liabilities 13881

#$ner%s e&uity

The o$ner%s capital '00"9

Total liabilities and o$ner%s e&uity 33940

The

exavalubold

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screenshot on the right is an

ple problem. Enter in youres to get the fnal answer in theexcel box.

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Amount Percent

Assets

Cash 9326 26.5Accounts receivable 7337 20.8

Mechandise inventory 18494 52.5

Total assets 35197 00

Liabilities

Accounts payable 10315 2!."

a!es payable 3942 .2

Total liabilities 14257 #0.5

#$ner%s e&uity

The o$ner%s capital 20940 5!.5

Total liabilities and o$ner%s e&uity 35197 00

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The screenshot on the right is anexample problem. Enter in yourvalues to get the fnal answer in thebold excel box.

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(nter your total liabilities "08"

(nter your total assets 87"6

Total debt to total assets is 58.1The screenshot on the riexample problem. Entervalues to get the fnal abold excel box. $et the i%rom the ba&ery balanceon the icon(

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ht is anin yourswer in the

n%ormationsheet 'clic&

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'01' '013

)et sales 97090 9'"""

Cost o* !oods sold 8'1'8 7'"74

+ross pro*it 14962 19981

#peratin! e,penses 4446 3039

)et inco-e 10516 16942

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nshot on the right is anproblem. Enter in yourget the fnal answer in the

l box. $et the in%ormationba&ery balance sheet 'clic&n(

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'011 .ercent o* net sales '010

+ross sales 3"0'6 101 3'184

/eturns and allo$ances 34' 1 '94

)et sales 34684 100 31890/ound to the nearest tenth as needed2

Cost o* be!innin! inventory 17987 51.9 16993

Cost o* purchases '7330 78.8 33771

Cost o* endin! inventory ''604 65.2 '1703

Cost o* !oods sold ''713 65.5 '9061

/ound to the nearest tenth as needed2

+ross pro*it 11971 34.5 '8'9

Total operatin! e,penses 33'6 9.6 1813

)et inco-e 864" 24.9 1016

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.ercent o* net sales

100.9

0.9

100

53.3

105.9

68.1

91.1

8.9

5.7

3.2

The screenshots above iexample problem. Entervalues to get the fnal anbold excel box. $et the i%rom the ba&ery balanceon the icon(

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ann yourswer in the%ormationsheet 'clic&

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(nter the current assets 167117

(nter the current liabilities 103687

Current ratio is 1.61 to 1The screenshots above is aexample problem. Enter invalues to get the fnal answbold excel box.

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ourer in the

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(nter the reported net sales '81"74

(nter the avera!e total assets 1346'6

The assets turnover ratio is 2.09

Type an inte!er or deci-al rounded to the nearest hundreth as needed2

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(nter the cash a-ount 3'7'8

(nter the receivables 1304'

(nter the -aretable securities 0

(nter the current liabilities '4'63

The acidtest ratio is .8!

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(nter the net sales 16"00

(nter the cost o* !oods sold 6"00

(nter the !ross pro*it 8000

(nter the operatin! e,pense 4"00

(nter the net inco-e ""00

#peratin! ratio is 66.7

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