# Finance

### Financial Reporting Problem – Apple, Inc.

Problem Overview The purpose of this assignment is to help you understand the basics of financial statement analysis related to the assets section of the balance sheet, data interpretation, and how financial information is obtained to understand how a company accounts for its [...]Read more

### Frank Smith Plumbing Part 2: Financial Ratio Calculations

Frank Smith Plumbing Problem Data Before proceeding, make sure to check out the data in Frank Smith Plumbing Part 1. This data is necessary to perform the cash flow financial ratios below. Payback Period Find payback period by first finding the last year with a negative cash [...]Read more

### Frank Smith Plumbing Solution Guide Part 1

Frank Smith Plumbing – Data Table Cash Flow Analysis The cash flow analysis should be performed in Excel. (1) EBIDT is given in the spreadsheet. (2) To find depreciation expense, multiply the value of the truck by the MARCS depreciation rate in each year the table below. [...]Read more

### Calculating Present Value with Varying Deposits: What is the present value of a $1,400 deposit…

Calculating Present Value with Varying Deposits Student Question: What is the present value of a $1,400 deposit at the end of year 1 and another $700 deposit at the end of year 5 if the interest rate is 8%? Solving this problem requires us to determine the impact of varying [...]Read more

### Lake Cairo Financial Ratios: Debt, Debt-to-equity, Equity multiplier, Times Interest Earned, and Cash coverage

Lake Cairo Marina Debt, Debt-to-equity, Equity multiplier, Times Interest Earned, and Cash coverage (2015) The following tutorial will explain how to solve financial ratios for Lake Cairo’s 2015 Income Statement and Balance Sheet. See the corresponding financial statements [...]Read more

### Lake Cairo Financial Ratios: Fixed asset turnover, Sales to working capital, Total asset turnover, and Capital Intensity

Lake Cairo Fixed asset turnover, Sales to working capital, Total asset turnover, and Capital Intensity (2015) The following tutorial will explain how to solve financial ratios for Lake Cairo’s 2015 Income Statement and Balance Sheet. See the corresponding financial [...]Read more

### Lake Cairo Financial Ratios: Inventory Turnover, Days Sales, Average Collection Period, Average Payment Period

Lake Cairo Inventory Turnover, Days Sales, Average Collection Period, Average Payment Period (2015) The following tutorial will explain how to solve financial ratios for Lake Cairo’s 2015 Income Statement and Balance Sheet. See the corresponding financial statements at the [...]Read more

### Lake Cairo Financial Ratios: Return on Equity, Dividend Payout, Market-to-book, and PE Ratio

Lake Cairo Marina Return on Equity, Dividend Payout, Market-to-book, and PE Ratio (2015) The following tutorial will explain how to solve financial ratios for Lake Cairo’s 2015 Income Statement and Balance Sheet. See the corresponding financial statements at the bottom for [...]Read more

### Lake Cairo Financial Ratios: Profit margin, Basic earnings power, and Return on Assets

Lake Cairo Marina Profit Margin Ratios, Basic earnings power, and ROA (2015) The following tutorial will explain how to solve financial ratios for Lake Cairo’s 2015 Income Statement and Balance Sheet. See the corresponding financial statements at the bottom for additional [...]Read more

### Lake Cairo Financial Ratios: Current, Quick, and Cash

Lake Cairo Marina Current, Quick, and Cash Ratios (2015) The following tutorial will explain how to solve financial ratios for Lake Cairo’s 2015 Income Statement and Balance Sheet. See the corresponding financial statements at the bottom for additional reference in [...]Read more