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Problem for Students Hillside, Inc. BALANCE SHEET INCOME STATEMENT ($ in millions) ($ in millions) ASSETS LIABILITIES Revenue 28,681.10 Cash & Marketable Securities 449.90 Accounts Payable 1,611.20...

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Problem for Students
        Hillside, Inc.
        BALANCE SHEET                        INCOME STATEMENT
        ($ in millions)                        ($ in millions)
        ASSETS            LIABILITIES            Revenue    28,681.10
        Cash & Marketable Securities    449.90        Accounts Payable    1,611.20        Cost Of Goods Sold    20,768.80
        Accounts Receivable    954.80        Salaries Payable    225.20         Gross Profit    7,912.30
        Inventories    3,645.20        Other Cu
ent Liabilities    1,118.80
        Other Cu
ent Assets    116.60        Total Cu
ent Liabilities    2,955.20        Operating Expenses:
         Total Cu
ent Assets    5,166.50                    Selling, General & Admin.    5,980.80
                    Other Liabilities    693.40        Depreciation    307.30
        Machinery & Equipment    1,688.90                     Operating income    1,624.20
        Land    1,129.70         Total Liabilities    3,648.60
        Buildings    2,348.40                    Interest    - 0
        Depreciation    (575.60)        SHAREHOLDER'S EQUITY            Other Expense (Income)    (13.10)
        Property, Plant & Equip. - Net    4,591.40        Common Stock    828.50         Income Before Taxes    1,637.30
        Other Long Term Assets    120.90        Retained Earnings    5,401.70        Income Taxes    618.10
         Total Long-Term Assets    4,712.30         Total Shareholder's Equity    6,230.20        Net Income    1,019.20
        Total Assets    9,878.80        Total Liabilities & Equity    9,878.80
                                Number of Common Stock
                                 Shares Outstanding    1,032,271
                    Input Answers Below        Financial Performance Summary
        LIQUIDITY RATIOS
        Cu
ent Ratio (times)
        Quick Ratio (times)
        Average Payment Period (days)
        ASSET MANAGEMENT RATIOS
        Total Asset Turnover (times)
        Average Collection Period (days)
        Inventory Turnover (times)
        FINANCIAL LEVERAGE RATIOS
        Total Debt to Total Assets
        Equity Multiplier (times)
        PROFITABILITY RATIOS
        Operating Profit Margin
        Net Profit Margin
        Return on Total Assets
        Return on Equity
        Earnings per Share
&"Arial,Regular"&10 Wk 4 Financial Performance Worksheet
HCS/385 v4
Page &P of &N
&"Arial,Regular"&10HCS/385 v4
&"Arial,Regular"&8Copyright© 2020 by University of Phoenix. All rights reserved.    
&"Arial,Regular"&8Copyright© 2020 by University of Phoenix. All rights reserved.
Answered Same Day Nov 09, 2021

Solution

Khushboo answered on Nov 11 2021
162 Votes
Problem for Students
        Hillside, Inc.
        BALANCE SHEET                        INCOME STATEMENT
        ($ in millions)                        ($ in millions)
        ASSETS            LIABILITIES            Revenue    28,681.10
        Cash & Marketable Securities    449.90        Accounts Payable    1,611.20        Cost Of Goods Sold    20,768.80
        Accounts Receivable    954.80        Salaries Payable    225.20         Gross Profit    7,912.30
        Inventories    3,645.20        Other Cu
ent Liabilities    1,118.80
        Other Cu
ent Assets    116.60        Total Cu
ent Liabilities    2,955.20        Operating Expenses:
         Total Cu
ent Assets    5,166.50                    Selling, General & Admin.    5,980.80
                    Other Liabilities    693.40        Depreciation    307.30
        Machinery & Equipment    1,688.90                     Operating income    1,624.20
        Land    1,129.70         Total Liabilities    3,648.60
        Buildings    2,348.40                    Interest    - 0
        Depreciation    (575.60)        SHAREHOLDER'S EQUITY            Other Expense (Income)    (13.10)
        Property, Plant &...
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