balance sheet and income statement data for Sievert Corporation are presented
here and on the next page.
SIEVERT CORPORATION Balance SheetsDecember 31
Assets (2012 year) 2011
Cash $ 28,000 $
Other current assets
Long-term investments 62,000 60,000
Plant and equipment (net) 510,000
Total assets $760,000 $685,000
and Stockholdersâ Equity
Current liabilities $75,000 $70,000
Long-term debt 80,000 90,000
Retained earnings 275,000 225,000
Total liabilities and
stockholdersâ equity $760,000 $685,000
the Years Ended December 31
Cost of goods sold 440,000 400,000
(including income taxes) 240,000
Net income $70,000 $ 60,000
Cash from operating activities $82,000
Cash used for capital expenditures $45,000 $38,000
Average number of shares outstanding 33,000 30,000
Calculate – A. Earnings per share
B. Working capital.
C. Current ratio.
D. Debt to total assets ratio
E. Free cash flow.
F. Based on the
ratios calculated, discuss briefly the improvement or lack thereof in financial
position and operating results from 2011 to 2012 of Sievert Corporation.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more