a) | Value/Ratio | This year | Last year |
Working capital | $ 2,63,400 | $ 1,60,500 | |
Current ratio | 2.35:1 | 1.65:1 | |
Free cash flow | $ 67,800 | $ 48,700 | |
Debt to assets ratio | 38% | 31% | |
Earnings per share | $ 3.06 | $ 3.15 | |
b) | Liquidity: | ||
The liquidity position has improved during the year. The NWC has | |||
increased during the year by more than $100000 and the current ratio is | |||
well beyond the standard ratio of 2:1. In contrast the current ratio is | |||
lower than the standard ratio during last year. | |||
Solvency: | |||
Debt proportion has increased during the year from 31% to 38% | |||
indicating higher financial leverage. | |||
Profitability: | |||
EPS has decreased indicating lower NI avaiable to common stock | |||
shareholders' per share. |
I need answer for B 80 2 A Further Look at Financial Statements (a) Comment on...
The following are financial statements of Ohara Company. OHARA COMPANY Income Statement For the Year Ended December 31, 2017 Net sales $2,218,500 Cost of goods sold 1,012,400 Selling and administrative expenses 906,000 Interest expense 78,000 Income tax expense 69,000 Net income $ 153,100 $ 60,100 84,000 169,800 145,000 458,900 575,300 $1,034,200 OHARA COMPANY Balance Sheet December 31, 2017 Assets Current assets Cash Debt investments Accounts receivable (net) Inventory Total current assets Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total...
Hi
need some help Calculating the Liquidity, solvency and
profitability of Marriott Intercontinental with the Financial
Statement of Year 2012. Please, I would appreciate a brief
description of how was calculated everything to understand the
exercise.
Liquidity Working capital Current ratio Current cash debt coverage Inventory turnover Days in inventory Accounts receivable turnover Average collection period Current assets-Current liabilities Current assets Current liabilities Net cash provided by operating activities Average current liabilities Cost of goods sold Average inventory 365 days...
The following are financial statements of Vaughn
Manufacturing.
Vaughn Manufacturing
Income Statement
For the Year Ended December 31, 2017
Net sales
$2,230,600
Cost of goods sold
1,028,200
Selling and administrative expenses
924,400
Interest expense
90,300
Income tax expense
70,610
Net income
$ 117,090
Vaughn Manufacturing
Balance Sheet
December 31, 2017
Assets
Current assets
Cash
$ 72,200
Debt investments
85,610
Accounts receivable (net)
189,000
Inventory
162,400
Total current assets
509,210
Plant assets (net)
591,100
Total assets
$ 1,100,310
Liabilities and Stockholders’...
The financial statements of Ivanhoe Inc. are presented here: IVANHOE INC. Income Statement Year Ended December 31, 2018 Service revenue $2,177,500 Expenses Operating expenses $1,880,500 Interest expense 100,000 1,980,500 Income before income tax 197,000 Income tax expense 39,000 Net income $158,000 IVANHOE INC. Statement of Financial Position December 31, 2018 Assets Current assets Cash $ 63,100 Held for trading investments 54,000 Accounts receivable 265,800 Supplies 28,000 $ 410,900 Property, plant, and equipment 579,300 Total assets $990,200 Liabilities and Shareholders’ Equity...
Problem for Chapter 13 Analyzing Financial Statements Information below comes from the financial statements of Rosson Company. 2018 2017 Revenues: Net Sales Other Revenues.. Total Revenues $299,000 8,000 307,000 $246,000 9,000 255,000 Expenses: Cost of Goods Sold S,G&A Expenses Interest Expense.. Income Tax Expense Total Expenses. Income Before Discontinued Operations Discontinued Operations Gain (net of tax) Net Income.. 172,000 44,000 4,000 31,000 251.000 56,000 138,000 40,000 4,500 25,400 207,900 47,100 9,000 $ 65,000 $ 47,100 Assets Current Assets: $ 7,500...
Styles P2-SA Instructions (a) Compute the following values and ratios for 2017. (We provide the results from 2016 for comparative purposes.) 0) Working capital. (2016: $160,500) Working capital- current assets- current liabilities -$458,900-$195,500 -$263,400 The working capital is $263,400 (i) Current ratio. (2016: 1.65:1) Current ratio Curr ssets Current liabilities 0158,900 5195,500 -2.34:1 The current ratio is 2.34:1 (ii) Free cash flow. (2016: $48,700) Free cash flow -net cash provided by operating activities -Capital expenditures Cash dividends 190,800-S92,000-S31,000 -$67,800 The...
The Red Soda Company (Red Soda) and The Blue Soda Company (Blue Soda) provide refreshments to every corner of the world. Selected data from the 20X6 consolidated financial statements for Red Soda and Blue Soda are presented here (in millions). Red Soda Blue Soda Total current assets $12,551 $12,571 Total current liabilities 13,721 8,756 Net Sales 30,990 43,332 Cost of Goods Sold 11,088 20,099 Net income 6,824 5,946 Average (net) accounts receivable for the year 3,424...
Please show all work. 1. Statement of Cash Flows and Standardized Financial Statements a) Net income for your firm was $10,000 last year. The depreciation expense was $2,500; accounts receivable increased $1,250; accounts payable increased $800; and inventories increased by $2,000. Identify the sources and uses of cash • What was the total cash flow from operations for the period? Operating activities = Net Income + Depreciation + Source (inflow) - Use foutflow) b) i) Prepare the 2018 common-size Income...
Option #2: Red Soda Company vs. Blue Soda Company The Red Soda Company (Red Soda) and The Blue Soda Company (Blue Soda) provide refreshments to every corner of the world. Selected data from the 20X6 consolidated financial statements for Red Soda and Blue Soda are presented here (in millions). Red Soda Blue Soda Total current assets $12,551 $12,571 Total current liabilities 13,721 8,756 Net Sales 30,990 43,332 Cost of Goods Sold 11,088 20,099 Net income 6,824 5,946...
Calculate the following ratios based on Wendy's 2017 and 2018
financial statements and comment on the differences between FY 2017
and FY 2018.
Wendy's
FY 2017
FY 2018
Liquidity
Current Ratio:
Quick Ratio:
Comments on the companies' liquidity - what do the numbers
say?
Asset Management
Total Asset Turnover:
Avg Collection Period:
Comments on the companies' asset management - what do the numbers
say?
Debt Management
Total Debt to Total Assets:
Times Interest Earned:
Comments on the companies' debt management...