Following Are Selected Data from the Comparative Income Statement and Balance

question 126

Essay

Following are selected data from the comparative income statement and balance sheet for Owens Corporation for the years ended December 31,2017,and 2016:
$\begin{array}{lll}\text { Selected Data } & 2017 & 2016 \\\text { Net sales (all on credit) } & \$ 96,000 & \$ 93,000 \\\text { Cost of goods sold } & 51,300 & 52,500 \\\text { Gross margin } & 44,700 & 40,500 \\\text { Income from operations } & 16,300 & 15,000 \\\text { Interest expense } & 3,000 & 3,500 \\\text { Net income } & 9,800 & 9,000\\\text { Cash } & 2,700 & 3,500 \\\text { Accounts receivable, net } & 10,700 & 12,500 \\\text { Inventory } & 25,000 & 30,000 \\\text { Prepaid expenses } & 1,000 & 900 \\\text { Total current assets } & 39,400 & 46,900 \\\text { Total long-term assets } & 50,000 & 67,000\\\text { Total current liabilities } & 39,000 & 49,500 \\\text { Total long-term liabilities } & 15,000 & 25,000 \\\text { Common shares } & 10,000 & * 10,000 \\\text { Retained earnings } & 25,400 & 29,400\end{array}$ * Note: 1,000 common shares have been issued and outstanding since the company started operations.During all of the fiscal year ended December 31,2017,the shares were selling for $45 per share.
Calculate the following ratios at December 31,2017:
a_acid-test ratio
b_inventory turnover
c_days' sales in receivables
d_book value per common share
e_price/earnings ratio
f_rate of return on total assets
g_times-interest-earned ratio
h_current ratio

Recognize the processes involved in coding within content analysis, including the identification of various coding types.

Distinguish between the units of analysis in content analysis and comprehend their significance and application.

Comprehend the theory development process in content analysis through the use of coding and coding categories.

Interpret and apply the concept of unit of analysis to specific research examples.

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Definitions:

Strategic Importance

The significance of an action, decision, or function in achieving long-term goals and maintaining a competitive advantage.

Short-Term Scheduling

The process of organizing, managing, and allocating resources and tasks within a short timeframe, focusing on immediate production and task goals.

Production Planning

The process of organizing and optimizing resources to ensure efficient production and meet delivery schedules.

Work-Centre Master File

is a database or record keeping system that contains detailed information about each work center in a manufacturing plant, including capabilities, standards, and scheduling parameters.