answer the following 8 questions Calculate...

70.2K

Verified Solution

Question

Accounting

answer the following 8 questions
image
image
image
image
image
image
Calculate the following for the most recent two years: 1. Liabilities to Stockholders Equity Ratio =TotalstockholdersequityTotalliabilities 2. Current Ratio =totalcurrectliabilitiestotalcurrentassets 3. Working Capital = current assets - current liabilities 4. What is their EPS on their Income Statement for the past two years? = Net income - dividends averageoutstandingcommonshares Calculate the following ratios for the most recent ONE year 1. Asset Turnover Ratio =AveragenetfixedassetsNetsales(Oroperatingrevenue) 2. Inventory Turnover Ratio =averageinventoryCostofgoodssold 3. Days Sales in Inventory =inventoryturnoverratio365 4. Days Cash on Hand =operatingexpensedepreciationexpensecashandcashequivalents365 Assets \begin{tabular}{|l|l|l|} \hline & January 28th, 2023 & January 29th, 2022 \\ \hline Current Assets & & \\ \hline Cash & 201,901 & 211,602 \\ \hline \begin{tabular}{l} Receivables, less allowance \\ for credit losses (\$952 and \\ S931, respectively) \end{tabular} & 49,580 & 55,618 \\ \hline Merchandise inventories, net & 652,430 & \\ \hline Prepaid expenses & 51,274 & 675,111 \\ \hline Other current assets & 60,809 & 42,355 \\ \hline Total current assets & 1,015,994 & 86,091 \\ \hline Fixed assets, net & 803,327 & 1,070,777 \\ \hline \begin{tabular}{l} Operating lease right-of-use \\ assets \end{tabular} & 1,397,761 & 726,922 \\ \hline Goodwill & 2,193,941 & 1,338,465 \\ \hline Trade name & 1,025,000 & 1,025,000 \\ \hline Other long-term assets & 6,612,829 & 152,786 \\ \hline Total Assets & & 6,497,941 \\ \hline \end{tabular} Liabilities \begin{tabular}{|c|c|c|} \hline & January 28 th, 2023 & January 29 th, 2022 \\ \hline \multicolumn{3}{|l|}{ Current liabilities } \\ \hline \begin{tabular}{l} Accounts payable and book \\ overdrafts \end{tabular} & 381,213 & 403,976 \\ \hline \begin{tabular}{l} Accrued salaries and \\ employee benefits \end{tabular} & 89,929 & 150,630 \\ \hline \begin{tabular}{l} Accrued expenses and other \\ liabilities \end{tabular} & 217,556 & 210,872 \\ \hline \begin{tabular}{l} Current portion of operating \\ lease liabilities \end{tabular} & 309,766 & 265,897 \\ \hline \begin{tabular}{l} Current portion of long-term \\ debt and other lease liabilities \end{tabular} & 22,794 & 21,764 \\ \hline Total current liabilities & 1,021,258 & 1,053,139 \\ \hline \begin{tabular}{l} Senior secured credit \\ facilities, net, excluding \\ current portion \end{tabular} & 1,628,331 & 1,640,390 \\ \hline \begin{tabular}{l} Operating lease liabilities, \\ excluding current portion \end{tabular} & 1,148,155 & 1,096,133 \\ \hline Deferred taxes, net & 303,121 & 318,355 \\ \hline Other long-term liabilities & 130,487 & 134,105 \\ \hline Total liabilities & 4,231,352 & 4,242,122 \\ \hline \end{tabular} Stockholders Equity \begin{tabular}{|c|c|c|} \hline & January 28 th, 2023 & January 29 th, 2022 \\ \hline Stockholders' equity & 228 & 227 \\ \hline \begin{tabular}{l} Class A common stock, \\ \$0.001 par value: Authorized \\ - 1.0 billion shares; \\ Issued and outstanding - \\ 228.3 million and 227.2 \\ million shares, respectively \end{tabular} & 38 & 38 \\ \hline \begin{tabular}{l} Class B-1 common stock, \\ $0.001 par value: Authorized \\ -75.0 million shares; \\ Issued and outstanding - \\ 37.8 million shares \end{tabular} & 0 & 0 \\ \hline \begin{tabular}{l} Class B-2 common stock, \\ $0.000001 par value: \\ Authorized - 75.0 million \\ shares; \\ Issued and outstanding - \\ 37.8 million shares \end{tabular} & 0 & 0 \\ \hline \begin{tabular}{l} Preferred stock, $0.001 par \\ value: Authorized - 25.0 \\ million shares; \\ Issued and outstanding - \\ none \end{tabular} & 0 & 0 \\ \hline Additional paid-in-capital & 2,152,342 & 2,133,821 \\ \hline Retained earnings & 232,967 & 142,166 \\ \hline \begin{tabular}{l} Accumulated other \\ comprehensive loss \end{tabular} & 4,098 & 2,238 \\ \hline Total stockholders' equity & 2,381,477 & 2,274,014 \\ \hline Noncontrolling interest & 0 & 18,195 \\ \hline Total equity & 2,381,477 & 2,255,819 \\ \hline \end{tabular} Liabilities + Stockholders Equity \begin{tabular}{|l|l|l|} \hline & January 28 th, 2023 & January 29th, 2022 \\ \hline Total liabilities and equity & 6,612,829 & 6,497,941 \\ \hline \end{tabular}

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students