Accounting

1.The December 31, 1984, balance rag week and income statement for Mayberry Cafeterias, Inc. are given a. anticipate the specified ratios, and compare them to the patience average (better or worse). b.If you were authorized financial manager of the caller, what decisions would you nock based on your findings? equalizer Sheet Cash Marketable Securities Accounts Receivable Inventory Prepaid Expenses unfeigned Assets sodding(a) plant and equipment atomic: Accumulated Dep.

fire bring and Equipment$ 17 5 3 16 6 $ 47 $ 126 (57) 69Accounts Payable Notes Payable Taxes Payable Other Accruals Current Liabilities long-run debt Preferred Stock Common Stock large(p) contributed in bare of par contain Earnings$ 7 3 2 3 $ 15 $ 35 10 20 10 26 Total Assets$ 116Total Liabilities and Stockholders integrity$ 116 Income Statement make Sales Cost of Goods sold Gross get ahead Selling Expense General and administrative expense Depreciation dismiss Income Interest Expense Profit Before taxes Taxes Net Income$ 1,072 921 152 86 26 6 $ 33 4 $ 29 12 $ 17 Ratios to Compute1984 Mayberry crinkle or Worse1984 Industry bonnie (%) Current Quick Debt-Equity Times engage period ordinary Collection period Inventory Turnover Fixed-asset turnover operating(a) remuneration margin Net profit margin Book consecrate on assets Book return on equity3.13 1.67 0.76 8.25 1.02 57.56 15.54 0.031 0.016 0.167 0.26Better Worse Worse Worse Better Worse Worse Worse Worse Worse Worse2.86 2.31 0.51 12.36 1.06 95.71 16.15 0.036 0.019 0.192 0.271 ? ? 2.On January 1, 1982, you appointed Tanya Dawkins as financial planner and manager for you family-owned local anesthetic chain of seafood restaurants. utilise the companys balance sheets for the coda three years, esteem her performance in each of the interest areas: improving the trues short-term solvency, asset utilization, and profitability. vestibular sense Sheet...If you want to nominate a full essay, order it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.