Carla Vista Medical Manufactures Assignment

Exercise D12-10 Carla Vista Medical manufactures hospital beds and other institutional furniture. The company's comparative balance she Carla Vista Medical Comparative Balance Sheet As of December 31 2016 2015 Assets Current assets Cash $300,000 $417,500 Accounts receivable, net 1,065,200 776,400 Inventory 726,000 681,000 Other current assets 374,000 247,000 Total current assets 2,465,200 2,121,900 Property, plant, & equipment, net 8,852,4408 ,430, 430

Total assets $11,317,640 $10,552,330 Liabilities and Stockholders' Equity Current liabilities Long-term debt Total liabilities Preferred stock, $5 par value Common stock, $0.25 par value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $3,118,000 3,702,600 6,820,600 58,600 140,000 4,298,440 4,497,040 $11,317,640 $2,846,100 3,892,650 6,738,750 58,600 103,850 3,651,130 3,813,580 $10,552,330 Comparative Income Statement and statement of Retained Earnings For the Year 2016 2015 Sales revenue (all on account) $10,420,000 $9,613,950 Cost of goods sold 5,637,000 5,298,750 Gross profit 4,783,000 4,315,200 Operating expenses 2,840,200 2,634,100 Net operating income 1,942,800 1,681,100 Interest expense 393,000 308,700 Net income before taxes 1,549,800 1,372,400 Income taxes (30%) 464,940 411,720 Net income $1,084,860 $960,680 Dividends paid Preferred dividends 29,550 29,550 Common dividends 408,000 416,000 Total dividends paid 437,550 445,550 Net income retained 647,310 515,130 Retained earnings, beginning of year 3,651,130 3,136,000 Retained earnings, end of year $4,298,440 $3,651,130 Calculate the following profitability ratios for 2016. (Round answers to 1 decimal a. Gross margin percentage b. Return on assets C. Return on common stockholders' equity. 

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Australia Assessments
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
I am happy
Customer 454749, June 29th, 2020
Well done. Looking foward to working with you again
Customer 463463, December 12th, 2022
Business Studies
Delivered earlier than expected, great work!
Customer 462937, May 6th, 2022
Excellent Keep it up
Customer 452441, April 26th, 2022
Instructions followed.
Customer 462823, April 13th, 2022
support is great. I am grateful to you and your company. thank you very much.
Customer 454227, April 6th, 2020
Excellent work.
Customer 462823, April 21st, 2022
Exceptional work
Customer 456821, April 6th, 2022
Criminal Justice
this is an excellent paper
Customer 454221, April 3rd, 2020
Health Care
Thank you!
Customer 454001, March 11th, 2020
Creative writing
It was great
Customer 454161, April 19th, 2022
Good work.
Customer 459817, June 23rd, 2022
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat