Questions from Managerial Finance

Q: During the year just ended, Shering Distributors, Inc., had

During the year just ended, Shering Distributors, Inc., had pretax earnings from operations of $490,000. In addition, during the year it received $20,000 in income from interest on bonds it held in Zi...

Q: Mark each of the accounts listed in the following table as follows

Mark each of the accounts listed in the following table as follows: a. In column (1), indicate in which statement—income statement (IS) or balance sheet (BS)—the ac...

Q: Robert Arias recently inherited a stock portfolio from his uncle. Wishing

Robert Arias recently inherited a stock portfolio from his uncle. Wishing to learn more about the companies in which he is now invested, Robert performs a ratio analysis on each one and decides to com...

Q: Bauman Company’s total current assets, total current liabilities, and inventory

Bauman Company’s total current assets, total current liabilities, and inventory for each of the past 4 years follow: a. Calculate the firm’s current and quick rat...

Q: Josh Smith has compiled some of his personal financial data to determine

Josh Smith has compiled some of his personal financial data to determine his liquidity position. The data are as follows. a. Calculate Josh’s liquidity ratio. b. Several of Josh&ac...

Q: Your portfolio has three asset classes. U.S. government

Your portfolio has three asset classes. U.S. government T-bills account for 45% of the portfolio, large-company stocks constitute another 40%, and small-company stocks make up the remaining 15%. If th...

Q: Three companies that compete in the footwear market are Foot Locker,

Three companies that compete in the footwear market are Foot Locker, Finish Line, and DSW. The table below shows inventory levels and cost of goods sold for each company for the 2016, 2015, and 2014 f...

Q: Classify each of the following items as an inflow (I)

Classify each of the following items as an inflow (I) or an outflow (O) of cash.

Q: The table below shows that Blair Supply had an end-of

The table below shows that Blair Supply had an end-of-year accounts receivable balance of $300,000. The table also shows how much of the receivables balance originated in each of the previous 6 months...

Q: The table below shows key financial data for three firms that compete

The table below shows key financial data for three firms that compete in the consumer products market: Procter & Gamble, Colgate-Palmolive, and Clorox. All dollar values are in thousands. a. Cal...