Use the information below to answer questions 3, 4, 5 and 6. 2020 2021 Sales $5,300 $5,900 Depreciation 750 850 COGS 2400 2900 Interest 180 196 Cash 200 500 Accts Receivables 200 400 Notes Payable 800 550 Long-term debt 1500 1950 Net fixed assets 3000 3500 Accounts Payable 250 400 Inventory 700 900 Dividend payout 30% 30% Tax rate 35% 30% What is the ROE for 2021?

Use the information below to answer questions 3, 4, 5 and 6. 2020 2021 Sales $5,300 $5,900 Depreciation 750 850 COGS 2400 2900 Interest 180 196 Cash 200 500 Accts Receivables 200 400 Notes Payable 800 550 Long-term debt 1500 1950 Net fixed assets 3000 3500 Accounts Payable 250 400 Inventory 700 900 Dividend payout 30% 30% Tax rate 35% 30% What is the ROE for 2021?

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter8: Current And Contingent Liabilities

Section: Chapter Questions

Problem 2MCQ

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Use the below information to answer the following questions:     20202021Sales$11,573$12,936Depreciation 1661 1736Cost of goods sold 3979 4707Other Expenses 846 924Interest Expense 776 926Cash 6067 6466Accounts Receivables 8034 9427Short-term Notes Payable 1171 1147Long-term debt 20,320 24,696Net fixed assets 50,888 54,273Accounts Payable 4384 4644Tax rate 26% 34%Inventory 14,283 15,288Payout ratio 33% 30%    A. Create the Income Statements for 2020 and 2021 (including dividends paid and retained earnings).
What is the ROE for 2021? 2020 2021       Sales $5,300 $5,900 Depreciation 750 850COGS 2400 2900Interest 180 196Cash 200 500Accts Receivables 200 400Notes Payable 800 550Long-term debt 1500 1950Net fixed assets 3000 3500Accounts Payable 250 400Inventory 700 900Dividend payout 30% 30%Tax rate 35% 30%
What is the AR period for 2021? 2020 2021       Sales $5,300 $5,900 Depreciation 750 850COGS 2400 2900Interest 180 196Cash 200 500Accts Receivables 200 400Notes Payable 800 550Long-term debt 1500 1950Net fixed assets 3000 3500Accounts Payable 250 400Inventory 700 900Dividend payout 30% 30%Tax rate 35% 30%
Year Net sales Costs of goods Depreciation Taxes paid Cash 2019 2020 10000 11000 5000 6400 1000 500 1000 600 10800 10700 Accounts receivable Inventory 1200 1500 Current liabilities 6500 5000 Net fixed assets 8700 9900 Please calculate the free cash flow in 2020 (keep zero decimal places). 2400 2300
Example (1): You have the following data: Details 12/31/2020 1/1/2020 60000 80000 40000 150000 15000 50000 10000 20000 Fund Assets Debtors Goods Liabilities Creditors and you have available additional information: 1. Additions to the capital amounted to 100,000 dinars . 2. Withdrawals from the capital amounted to 40,000 dinars. Required: Extracting the result of the activity works on 31/12/2020.
What amount of interest is capitalized on December 31, 2020? A. P1,200,000 B. P1,000,000 C. P600,000 D. P400,000
Period Ending: 2020 31/12 2020 30/06 2019 31/12 2019 30/06 Net Interest Income 9371 9317 9350 8986 Interest Income, Bank 12786 14277 15946 17073 Total Interest Expense 3415 4960 6596 8087 Loan Loss Provision 882 1869 649 624 Net Interest Income After Loan Loss Provision 8489 7448 8701 8362 Non-Interest Income, Bank 2565 2182 2764 3079 Non-Interest Expense, Bank -5667 -5538 -5251 -6090 Net Income Before Taxes 5387 4092 6214 5351 Provision for Income Taxes 1610 1206 1762 1560 Net Income After Taxes 3777 2886 4452 3791 Minority Interest - - - -6 Equity In Affiliates - - - - U.S GAAP Adjustment - - - - Net Income Before Extraordinary Items 3777 2886 4452 3785 Total Extraordinary Items 1100 587 1709 187 Net Income 4877 3473 6161 3972 Total Adjustments to Net Income - - - - Income Available to Common Excluding Extraordinary Items 3777 2886 4452 3785 Dilution Adjustment 128 146 144 156 Diluted Net Income 5005 3619 6305 4128 Diluted…
Year Net sales Costs of goods Depreciation Taxes paid Cash Accounts receivable 2019 2020 10000 12100 5000 6700 1000 500 1000 600 10500 10700 1900 1900 Inventory 1300 1400 Current liabilities 7600 5900 Net fixed assets 6800 6900 Please calculate the free cash flow in 2020 (keep zero decimal places).
From the following forecast the Balance sheet for the year 2021Balance sheet as of 31/12/2020Liabilities& Equity AmountAssetsAmountEquity33,000 Plant and machinery 10,000Retained earnings 10,000 Land Property20.000Accounts payable 7,000 Accounts receivables 3.000Inventories10.000Cash in hand2000Cash at Bank5.00050,00050,0001. It is expected that the company will make a net income of10% of forecasted sales2. The company will purchase additional 5000 OMR worthmachines by taking an additional loan of 5000 OMR3. Forecasted sales OMR 100,0004. Dividend payout will be 50%5. The following estimates are also given;Accounts payable 10,000Accounts receivable 6,000Inventories 15,000Cash in hand 6.000Cash at bank 1,000
*attached is the problem REQUIRED: choose the letter What is the interest expense for 2020? a. 200,000b. 115,200c. 106,720d. 0 What is the depreciation for 2020? a. 135,200b. 115,200c. 67,600d. 20,000
Years Bank Total Asset 2018 STANBIC 6,205,018 2019. STANBIC. 9,295,682 2020. STANBIC 12,742,132 2018. BARCLAYS 8,994,562 2019. ABSA 11,772,546 2020. ABSA. 12,546,473 Calculate the Herfindahl-Hirschman Index (HHI) for each year using total assets and comment on the level of competition
What is the interest expense for 2020? A. P3,000,000 B. P2,040,000 C. P1,840,000 D. 0