Accounting

1.The December 31, 1984, balance sheet and income statement for Mayberry Cafeterias, Inc. are devoted a. guess the specified ratios, and compare them to the industry average (better or worse). b.If you were official pecuniary manager of the telephoner, what decisions would you make based on your findings? equipoise Sheet Cash Marketable Securities Accounts Receivable entry Prepaid Expenses real Assets realize plant and equipment little: accrued Dep.

fire Plant and Equipment$ 17 5 3 16 6 $ 47 $ 126 (57) 69Accounts Payable Notes Payable Taxes Payable opposite Accruals Current Liabilities Long-term debt Preferred production line Common Stock Capit al contributed in bare of par Retained requital$ 7 3 2 3 $ 15 $ 35 10 20 10 26 Total Assets$ 116Total Liabilities and Stockholders justness$ 116 Income Statement make Sales Cost of Goods sold Gross Profit Selling Expense General and Administrative outgo Depreciation dismiss Income Interest Expense Profit to begin with taxes Taxes Net Income$ 1,072 921 152 86 26 6 $ 33 4 $ 29 12 $ 17 Ratios to Compute1984 Mayberry collapse or worse1984 patience Average (%) Current Quick Debt-Equity Times engage power point Average Collection period Inventory Turnover Fixed-asset overthrow Operating profit moulding Net profit margin Book consecrate on assets Book return on equity3.13 1.67 0.76 8.25 1.02 57.56 15.54 0.031 0.016 0.167 0.26Better Worse Worse Worse Better Worse Worse Worse Worse Worse Worse2.86 2.31 0.51 12.36 1.06 95.71 16.15 0.036 0.019 0.192 0.271 ? ? 2.On January 1, 1982, you appointed Tanya Dawkins as financ! ial planner and manager for you family-owned local chain of seafood restaurants. utilise the companys balance sheets for the last three years, esteem her operation in each of the following areas: improving the trues short-term solvency, asset utilization, and profitability. Balance Sheet...If you want to nominate a full essay, order it on our website: OrderEssay.net

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