Accounting

1.The December 31, 1984, balance sheet and income statement for Mayberry Cafeterias, Inc. are abandoned a. guess the specified ratios, and compare them to the industry average (better or worse). b.If you were official pecuniary manager of the community, what decisions would you make based on your findings? equipoise Sheet Cash Marketable Securities Accounts Receivable entry Prepaid Expenses real Assets flagrant plant and equipment little: salt away Dep. fire Plant and Equipment$ 17 5 3 16 6 $ 47 $ 126 (57) 69Accounts Payable Notes Payable Taxes Payable some other Accruals Current Liabilities Long-term debt Preferred form Common Stock Capital contributed in bare of par Retained gelt$ 7 3 2 3 $ 15 $ 35 10 20 10 26 Total Assets$ 116Total Liabilities and Stockholders righteousness$ 116 Income Statement make Sales Cost of Goods sold Gross Profit Selling Expense General and Administrative expense Depreciatio n dismiss Income Interest Expense Profit ahead taxes Taxes Net Income$ 1,072 921 152 86 26 6 $ 33 4 $ 29 12 $ 17 Ratios to Compute1984 Mayberry collapse or worse1984 manufacturing Average (%) Current Quick Debt-Equity Times engage plosive consonant Average Collection period Inventory Turnover Fixed-asset dollar volume Operating profit beach Net profit margin Book consecrate on assets Book return on equity3.13 1.67 0.76 8.25 1.02 57.56 15.54 0.031 0.016 0.167 0.26Better Worse Worse Worse Better Worse Worse Worse Worse Worse Worse2.86 2.31 0.51 12.36 1.06 95.71 16.15 0.036 0.019 0.192 0.271 ? ? 2.On January 1, 1982, you appointed Tanya Dawkins as financial planner and manager for you family-owned local chain of seafood restaurants. utilise the companys balance sheets for the last three years, esteem her deed in each of the following areas: improving the trues short-term solvency, asset utilizatio n, and profitability. Balance Sheet...If yo! u want to nominate a full essay, order it on our website: OrderCustomPaper.com

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