Question: 1According to AEB Systems plc financial statements as of June 2016, the firm had current assets of$6.642 billion, non-current assets of $16.521 billion, current liabilities of $11.283 billion, and non-current liabilities of $6.589 billion. What is the value of the shareholders' equity for AEB Systems?How much is the net working capital?Question: 2As of April 30, 2017, Marcus Tools has assets of $90,000 and liabilities of $22,000.How much is the owner's equity for Marcus Tools as of April 30, 2017?

To solve for the Shareholder's EquityStep 1: Solve for the Total AssetsTotal Assets = Current Assets…

Answered: Question: 1 According to AEB Systems…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 75E

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For years ended December 31 Equity Investee Financial Summary, $ millions 2018 2017 2016 Net sales... Gross margin Net income.. Cummins' share of net income. $7,352 $7,050 $5,654 1,373 1,422 1,182 647 680 499 $ 336 $ 308 $ 260 Royalty and interest income.. 58 49 41 Total equity, royalty and interest from investees... $ 394 $ 357 $ 301 Current assets $3,401 1,449 $3,416 1,379 Noncurrent assets Current liabilities.. Noncurrent liabilities.. Net assets... (2,669) (218) (2,567) (237) $1,963 $1,991 Cummins' share of net assets $1,144 $1,116 a. What assets and liabilities of unconsolidated affiliates are omitted from Cummins' balance sheet as a result of the equity method of accounting for those investments? b. Do the liabilities of the unconsolidated affiliates affect Cummins directly? Explain. c. How does the equity method impact Cummins' ROE and its RNOA components (net operating asset turnover and net operating profit margin)?
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Question 1 The following table reports IBEX Company's Return on Net Operating Assets (RNOA) ratios for the years 2020 and 2021, and an industry average RNOA Ratio 2020 RNOA 17.83% 2021 16.92% Industry average 19.21% Required: (a) Based on the provided financial statements, calculate IBEX Company's RNOA ratio for the year 2022. (b) Evaluate the company's profitability performance over 2020-2022 periods and compared to the industry average.
Required:a. Calculate the following ratios for Sweets plc for 2021 and 2020, showing the formulas and workings:1- ROCE2- ROE3- Earnings per share4- Net profit margin5- Asset turnover6- Stock holding days7- Debtors collection period8- Current ratio9- Gearing ratio10- Interest cover
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