{"id":35535,"date":"2022-02-23T11:10:02","date_gmt":"2022-02-23T11:10:02","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/?p=35535"},"modified":"2022-02-23T11:10:02","modified_gmt":"2022-02-23T11:10:02","slug":"principles-of-finance","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/principles-of-finance\/","title":{"rendered":"Principles of Finance"},"content":{"rendered":"<p>Finance Assignment<\/p>\n<p>Q1. XZY has net sales of 5,320,140; net income of 2,145,700; cost of goods sold 1,300,000; and EBIT 2,200,000. Calculate the gross profit and the operating profit margin for the firm. (<strong>Show your calculations<\/strong>) (1 Mark)- Ch 4<\/p>\n<p>Q2. Prepare a common sized Balance Sheet for the below Balance sheet? (<strong>Show your calculations)<\/strong> (1 Mark)- Ch 4<\/p>\n<table width=\"324\">\n<tbody>\n<tr>\n<td width=\"258\">Cash<\/td>\n<td width=\"66\">21,000<\/td>\n<\/tr>\n<tr>\n<td width=\"258\">Acct\/Rec<\/td>\n<td width=\"66\">52,000<\/td>\n<\/tr>\n<tr>\n<td width=\"258\">Inventories<\/td>\n<td width=\"66\">200,500<\/td>\n<\/tr>\n<tr>\n<td width=\"258\">\u00a0\u00a0 Current assets<\/td>\n<td width=\"66\">273,500<\/td>\n<\/tr>\n<tr>\n<td width=\"258\">Net fixed assets<\/td>\n<td width=\"66\">132,000<\/td>\n<\/tr>\n<tr>\n<td width=\"258\">\u00a0\u00a0 Total assets<\/td>\n<td width=\"66\"><strong>405,500<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"258\">Accts\/Pay<\/td>\n<td width=\"66\">22,800<\/td>\n<\/tr>\n<tr>\n<td width=\"258\">Accrued expenses<\/td>\n<td width=\"66\">21,000<\/td>\n<\/tr>\n<tr>\n<td width=\"258\">Short-term N\/P<\/td>\n<td width=\"66\">8,700<\/td>\n<\/tr>\n<tr>\n<td width=\"258\">\u00a0\u00a0 Current liabilities<\/td>\n<td width=\"66\">52,500<\/td>\n<\/tr>\n<tr>\n<td width=\"258\">Long-term debt<\/td>\n<td width=\"66\">150,000<\/td>\n<\/tr>\n<tr>\n<td width=\"258\">\u00a0Total liabilities<\/td>\n<td width=\"66\">202,500<\/td>\n<\/tr>\n<tr>\n<td width=\"258\">Owner&#8217;s equity<\/td>\n<td width=\"66\">203,000<\/td>\n<\/tr>\n<tr>\n<td width=\"258\">\u00a0Total liabilities and owners\u2019 equity<\/td>\n<td width=\"66\"><strong>405,500<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>Q3. ABC company generated total sales of $32,565,420 during fiscal 2021. Depreciation and amortization for the year totaled $1,278,120, and cost of goods sold was $21,400,000. Interest expense for the year was $6,341,250 and selling, general, and administrative expenses totaled $2,556,610 for the year. If the company&#8217;s tax rate was average 30 percent, what is its net income after taxes? <strong>(Show your calculations)<\/strong> (1 Mark)- Ch 3<\/p>\n<p>Q4. BBB company had cash and marketable securities worth $400,134 accounts payables worth $2,490,357, inventory of $1,321,500, accounts receivables of $2,188,128, short-term notes payable worth $120,000, other current liabilities of 200,000, and other current assets of $521,800. What is the company&#8217;s net working capital? <strong>(Show your calculations)<\/strong> (1 Mark)-Ch 3<\/p>\n<p>Q5. In your own words, explain the difference between Brokers and Dealers? <strong>(Show your calculations)<\/strong> (1 Mark)-Ch 2<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Assignment Q1. XZY has net sales of 5,320,140; net income of 2,145,700; cost of goods sold 1,300,000; and EBIT 2,200,000. Calculate the gross profit and the operating profit margin for the firm. (Show your calculations) (1 Mark)- Ch 4 Q2. Prepare a common sized Balance Sheet for the below Balance sheet? (Show your calculations) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":["post-35535","post","type-post","status-publish","format-standard","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/35535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=35535"}],"version-history":[{"count":3,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/35535\/revisions"}],"predecessor-version":[{"id":35538,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/35535\/revisions\/35538"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=35535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=35535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=35535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}