Molina Bicycle Company Adjusted Trial Balance 12/31/20 Select Balances 12/31/20 Debit Credit 138,000 12.000 4,400...
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Molina Bicycle Company Adjusted Trial Balance 12/31/20 Select Balances 12/31/20 Debit Credit 138,000 12.000 4,400 26,000 59,000 Cash Accounts Receivable Inventory Office Equipment Machinery & Tools Accumulated Depreciation Plant Assets Accounts Payable Note Payable Short Term Note Payable -Long Term Common Stock, Sio par Retained Earnings Dividends Sales Revenue Cost of Goods Sold Rent Expense Advertising Expense Depreciation Expense 12/21/19 Debit Credit 35.600 11,000 5,600 20,000 21,000 6,000 9,800 15.500 0 50,000 11.900 8,6001 12.200 10,000 33,000 150,000 11,900 1.000 31,700 11,600 2,000 800 2,600 257,400 257,400 Transaction Data for 2020 (already included in the trial balance numbers abpve) Cash paid for purchase of office equipment Cash paid for purchase of tools Acquisition of Machinery with Notes Payable -Long-term Cash payment of dividends Cash receipt from issuance of 10,000 shares of common stock 6,000 5.000 33,000 1.000 100,000 Instructions Income Statement Retained Earnings Statement Balance Sheet Stmt of Cash Using the information provided in the instructions and the financial statements you have created in the previous requirements, perform the following analysis: Requirement 1. Compute Current Working Debt-to-Equity these ratios: Ratio Capital Ratio Round raiso del plexor Formulas wages or wry as we Inventory Days Sales In Gross Profit Turnover Inventory Percentage Accounts Receivable Turnover Days Sales in Receivables Total Assets Rate of Return od Total Assets Asset Turnover Ratio Rate of Return Earnings Pell Stockholders' Equity Share Shareholder's Equity Stock Price is 55.00 per share Price/ Earning Ratio Dividend Yield Dividend Payout Dividends per share Requirement. Based on the ratios computed above. analyze the company's Ability to pay its debts (both current and long term) Refer to at least 3 specific ratios in your analysis Requirement Based on the ratios computed above. analyze the company's management of inventory Refer to at least 2 specific ratios in your analysis Requirement 4: Based on the ratios computed above, analyze the company management of receivables Refer to at least 2 specific ratios in your analysis Molina Bicycle Company Adjusted Trial Balance 12/31/20 Select Balances 12/31/20 Debit Credit 138,000 12.000 4,400 26,000 59,000 Cash Accounts Receivable Inventory Office Equipment Machinery & Tools Accumulated Depreciation Plant Assets Accounts Payable Note Payable Short Term Note Payable -Long Term Common Stock, Sio par Retained Earnings Dividends Sales Revenue Cost of Goods Sold Rent Expense Advertising Expense Depreciation Expense 12/21/19 Debit Credit 35.600 11,000 5,600 20,000 21,000 6,000 9,800 15.500 0 50,000 11.900 8,6001 12.200 10,000 33,000 150,000 11,900 1.000 31,700 11,600 2,000 800 2,600 257,400 257,400 Transaction Data for 2020 (already included in the trial balance numbers abpve) Cash paid for purchase of office equipment Cash paid for purchase of tools Acquisition of Machinery with Notes Payable -Long-term Cash payment of dividends Cash receipt from issuance of 10,000 shares of common stock 6,000 5.000 33,000 1.000 100,000 Instructions Income Statement Retained Earnings Statement Balance Sheet Stmt of Cash Using the information provided in the instructions and the financial statements you have created in the previous requirements, perform the following analysis: Requirement 1. Compute Current Working Debt-to-Equity these ratios: Ratio Capital Ratio Round raiso del plexor Formulas wages or wry as we Inventory Days Sales In Gross Profit Turnover Inventory Percentage Accounts Receivable Turnover Days Sales in Receivables Total Assets Rate of Return od Total Assets Asset Turnover Ratio Rate of Return Earnings Pell Stockholders' Equity Share Shareholder's Equity Stock Price is 55.00 per share Price/ Earning Ratio Dividend Yield Dividend Payout Dividends per share Requirement. Based on the ratios computed above. analyze the company's Ability to pay its debts (both current and long term) Refer to at least 3 specific ratios in your analysis Requirement Based on the ratios computed above. analyze the company's management of inventory Refer to at least 2 specific ratios in your analysis Requirement 4: Based on the ratios computed above, analyze the company management of receivables Refer to at least 2 specific ratios in your analysis


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