Question Assignment description
P2-6A Condensed stability sheet and earnings assertion information for SadeckiCorporation are offered right here and on the following web page.Compute and interpret liquidity, solvency, and profitability ratios. SADECKI CORPORATION Stability Sheets December 31 Property 2014 2013 Money $ 28,000 $ 20,000 Receivables (web) 70,000 62,000 Different present belongings 90,000 73,000 Lengthy-term investments 62,000 60,000 Property, plant, and gear (web) 510,000 470,000 Whole belongings $760,000 $685,000 Liabilities and Stockholders’ Fairness Present liabilities $ 75,000 $ 70,000 Lengthy-term liabilities 80,000 90,000 Frequent inventory 330,000 300,000 Retained earnings 275,000 225,000 Whole liabilities and stockholders’ fairness $760,000 $685,000 SADECKI CORPORATION Revenue Statements For the Years Ended December 31 2014 2013 Gross sales income $750,000 $680,000 Price of products offered 440,000 400,000 Working bills (together with earnings taxes) 240,000 220,000 Web earnings $ 70,000 $ 60,000 Further data: Web money supplied by working actions $82,000 $56,000 Money used for capital expenditures $45,000 $38,000 Dividends paid $20,000 $15,000 Common variety of shares excellent 33,000 30,000 Directions Compute these values and ratios for 2013 and 2014.(a) Earnings per share. (b) Working capital. (c) Present ratio. (d) Debt to belongings ratio. (e) Free money movement. (f) Primarily based on the ratios calculated, talk about briefly the advance orlack thereof in monetary place and working outcomes from 2013 to 2014 ofSadecki Company.
