BE 2.11 – Prepare a Trial Balance
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition and 06th Edition
Given information about account balances… prepare a trial balance.
Calculator Preview
Your numbers will vary.
Given information about account balances… prepare a trial balance.
Your numbers will vary.
Given a list of account balances… prepare a trial balance while also determining the balance of the equipment account.
Your numbers will vary.
Determine the percentage of Mydeco’s revenues growing each year and the percentage of the net income that grew.
Your numbers will vary.
Determine the impact the additional equipment purchase would have on Mydeco’s net income for various years.
Your numbers will vary.
Calculate Mydeco’s EPS for each year assuming expenses were the same fraction of revenues each year.
Your numbers will vary.
Given the amount received by the firm, the inventory, amount paid in cash upfront, remaining balance, and tax rate… determine the consequences on revenues, earnings, receivables, inventory, and cash.
Your numbers will vary.
Determine the impact the cost of the cyclo-converter purchase will have on earnings and on Nokela’s cash flow for the next four years.
Your numbers will vary.
Determine GE’s market capitalization, market-to-book ratio, book debt-equity ratio, market debt-equity ratio, and enterprise value.
Your numbers will vary.
Determine Apple’s current ratio and quick ratio, then compare Apple’s liquidity to that of Hewlett-Packard and assess its liquidity.
Your numbers will vary.
Compare the gross margins and net profit margins for Walmart and Costco, and determine which firm was more profitable.
Your numbers will vary.