Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. please help 6. use this information for new tech

Please help 6. Use this information for New Tech Company to answer the following...

80.2K

Verified Solution

Question

Finance

image

Please help

6. Use this information for New Tech Company to answer the following question. You may (or may not) need to fill in missing information. NEW TECH COMPANY Income Statement Sales Cost of goods sold Depreciation General, sales & admin expenses T axes Net Income 20102011 100 50 20 70 2012 120 52 20 60 110 51 20 65 10 2012 40 60 Balance Sheet 20102011 40 Current Assets Property, plant Total Assets 45 & equipment 60 40 Current Liabilities Long-Term Liabilities Equit Total Liabilities & Equit 40 10 50 35 15 50 50 INDUSTRY AVERAGE RATIOS 20102011 2012 CR (Current Ratio) DR (Debt Ratio)-TL/TA TAT (Total Asset Turnover) 2 PM (Profit Margin) Sales Growth Profit Growth | 60% 2.5 6% | 3% 20% 60% |60% 4% 3% 5% 2.2 5% 2.50% 25% Which of the following items characterize New Tech Company? (It may be more than one ption). 1. 2. 3. EXPLAIN (and report your calculations) (10 points) Low debt & unprofitable High debt & unprofitable Decreasing profit margin Increasing sales with a decreasing sales growth rate

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

Physics
1.2K views

der the following series of reactions Cl NaOH NaCl NaClO H O NaClO NaCl NaClO...

Basic Math
1.2K views

Determine whether the argument to the right is valid or invalid You may compare the...

Basic Math
1.2K views

The graph below shows the supply and demand curves for regular unleaded gasoline in a...

Algebra
1.2K views

Let t(n) be the function that assigns the nth term of a sequence to n...

Accounting
1.2K views

A new initiative within Company XYZ is to reduce the company's exposure to fraud. You...

Accounting
1.2K views

Exercise 8-8A (Algo) Accounting for cumulative preferred...

Accounting
1.2K views

All of the following expenses were incurred by the relevant taxpayers to gain or produce...

Accounting
1.2K views

1. Discuss the capital asset pricing model, including systematic and unsystematic risk and return, and...

Accounting
1.2K views

Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of...

Accounting
1.2K views

Middleton Associates is a consulting firm that specializes in information systems for construction and landscaping...

Accounting
1.2K views

\table[[\table[[Sales (@$25 per unit)],[Cost of goods sold (@$18 per unit)]],$1,000,000$1,250,000

Accounting
1.2K views

Martha Inc. had 23,000 units of ending inventory that recorded at the cost of nine...