The Mathematics of Money

502 Chapter 12 Financial Statements Formatting becomes an issue, though, since we are already pressed for space listing the asse ...

Copyright © 2008, The McGraw-Hill Companies, Inc. Hilbert Hotel Company Balance Sheet as of December 31, 2006 Assets Liabilities ...

504 Chapter 12 Financial Statements Other Financial Statements You might have wondered when we were discussing depreciation how ...

Copyright © 2008, The McGraw-Hill Companies, Inc. A company has assets of $994,202 and equity of $374,009. Find the total liabi ...

506 Chapter 12 Financial Statements Liabilities 2007 2006 Current liabilities: Accounts payable $76,500 $124,200 Other $62,500 $ ...

D. Grab Bag In 2006 Tokamak Home Generators had assets of $3,950,000 and total liabilities of $3,454,000. In 2007 the company h ...

508 Chapter 12 Financial Statements In the examples of this section, we will refer to the financial statements given below. Thom ...

Copyright © 2008, The McGraw-Hill Companies, Inc. Definitions 12.3.1 and 12.3.2 Ratio Formula What It Tells You Gross profi t ma ...

510 Chapter 12 Financial Statements Example 12.3.2 Calculate Thomas Hydrometer Sales’ return on assets and return on equity for ...

Copyright © 2008, The McGraw-Hill Companies, Inc. Example 12.3.3 Calculate the inventory turnover at cost and the average collec ...

512 Chapter 12 Financial Statements Recall that current assets are assets that can be readily converted to cash (within 1 year) ...

Copyright © 2008, The McGraw-Hill Companies, Inc. Definitions 12.3.10 and 12.3.11 Ratio Formula What It Tells You Earnings per s ...

514 Chapter 12 Financial Statements Example 12.3.7 Magnum Opus Corporation is considering buying a regional chain of muffl er sh ...

Copyright © 2008, The McGraw-Hill Companies, Inc. EXERCISES 12.3 Many of the exercises in this section refer to the 2007 fi nanc ...

516 Chapter 12 Financial Statements Calculate the gross and net profi t margins for the Tastee Lard Donut Shoppe. If a company ...

Copyright © 2008, The McGraw-Hill Companies, Inc. The Highly Liquid Bottled Water Company has current assets of $485,500, of wh ...

518 Chapter 12 Financial Statements Suppose that the stock price for Texas Hypothetical Supply Corp. (from Exercise 21) is $58. ...

Copyright © 2008, The McGraw-Hill Companies, Inc. If you are trying to determine how effectively a company’s management is putt ...

520 CHAPTER 12 SUMMARY Topic Key Ideas, Formulas, and Techniques Examples Basic Income Statements, p. 487 Income statements pro ...

Copyright © 2008, The McGraw-Hill Companies, Inc. Chapter 12 Summary 521 Topic Key Ideas, Formulas, and Techniques Examples Inco ...