Questions from Financial Accounting

Q: The stockholders’ equity of Akron Uniforms as of December 31, 2016

The stockholders’ equity of Akron Uniforms as of December 31, 2016 and 2015, follows: Requirements 1. What is the par value of the common stock? 2. How many shares of common stoc...

Q: Prepare a comparative common-size income statement for Connor Music Co

Prepare a comparative common-size income statement for Connor Music Co., using the 2016 and 2015 data of E13-16A and rounding to four decimal places. From E13-16A

Q: Identify any weaknesses revealed by the statement of cash flows of Beckwith

Identify any weaknesses revealed by the statement of cash flows of Beckwith Orchards, Inc.

Q: The financial statements of Adventure News, Inc., include the following

The financial statements of Adventure News, Inc., include the following items: Requirements 1. Using Exhibit 13-8 as a model, compute the following ratios for 2016 and 2015: a. Curr...

Q: DuBois Furniture Company has requested that you determine whether the company’s ability

DuBois Furniture Company has requested that you determine whether the company’s ability to pay its current liabilities and long-term debts improved or deteriorated during 2016. To an...

Q: For 2016 and 2015, compute return on sales (ROS),

For 2016 and 2015, compute return on sales (ROS), asset turnover (AT), return on assets (ROA), leverage (L), return on common stockholders’ equity (ROE), gross profit...

Q: Evaluate the common stock of Monroe Falls Distributing Company as an investment

Evaluate the common stock of Monroe Falls Distributing Company as an investment. Specifically, use the three common stock ratios to determine whether the common stock increased or decre...

Q: Two companies with different economic-value-added (EVA®)

Two companies with different economic-value-added (EVA®) profiles are Emerson Company, Inc., and Farmers Bank Limited. Adapted versions of the two companies’...

Q: What were the dollar amount of change and the percentage of each

What were the dollar amount of change and the percentage of each change in Blueberry Lane Lodge’s net working capital during 2016 and 2015? Is this trend favorable or unfavorable?...

Q: Prepare a horizontal analysis of the comparative income statements of Mitchell Music

Prepare a horizontal analysis of the comparative income statements of Mitchell Music Co. Round percentage changes to the nearest one-tenth percent (three decimal places).