1 | CURRENT RATIO | 380900/85300 | 4.5 | to 1 | |
CURRENT RATIO=CURRENT ASSETS/CURRENT LIABILITIES | |||||
current assets | 380,900.00 | ||||
current liabilities | 85,300.00 | ||||
2 | receivables turnover=net credit sales/average accounts receivable | ||||
net credit sales | 3,031,000.00 | ||||
average accounts receivable=(opening receivable+closing recivable)/2 | |||||
(80000+59000)/2 | |||||
69,500.00 | |||||
receivables turnover= | 3031000/69500 | ||||
43.61 | times | ||||
3 | Days to collect=average accounts receivable/(annual sales/365 days) | ||||
69500/(3031000/365) | |||||
69500/8304.11 | |||||
8.00 | days | ||||
4 | inventory turnover=cost of goods sold /average inventory | ||||
cost of goods sold | 1,949,000.00 | ||||
average inventory=(opening inventory+closing inventory)/2 | |||||
(104000+134000)/2 | |||||
119,000.00 | |||||
inventory turnover= | 1949000/119000 | ||||
16.38 | times | ||||
5 | days sales in inventory=365/inventory turnover ratio | ||||
365/16.38 | |||||
22.00 | days | ||||
6 | debt to assets=total debt/total assets | ||||
total debt=total liabilities=369300 | |||||
total assets | 895,400.00 | ||||
debt to asset ratio= | 369300/895400 | ||||
0.41 | to 1 | ||||
7 | times interest earned=income before interest and tax/interest expense | ||||
income before incometax | 176,100.00 | ||||
add:interest | 14,500.00 | ||||
income before interest and tax | 190,600.00 | ||||
interest expense | 14,500.00 | ||||
times interest earned= | 190600/14500 | ||||
13.1 | times | ||||
8 | Profit margin ratio | (NET INCOME*100)/saLES | |||
Net income | 129,100.00 | ||||
Sales | 3,031,000.00 | ||||
Profit margin ratio | (129100*100)/3031000 | ||||
4.30 | % | ||||
9 | gross profit margin | (Gross profit*100)/Sales | |||
Gross Profit | 1,082,000.00 | ||||
gross profit margin | (1082000*100)/3031000 | ||||
35.70 | % | ||||
Use ratios to analyze a company's liquidity and solvency. 1 Condensed financial statements for Games Galore...
Help me figure out the ratios to analyze a company's liquidity
and solvency. Please add the formulas to show how you got the
answers. Also please answer the stuff in yellow.
1. Use ratios to analyze a company's liquidity and solvency. Calculate Select Ratios - Excel ? X - Sign In FILE INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW HOME Calibri E- 11 AA A Paste BIU B Alignment Number Cells Editing Conditional Format as Cell Formatting Table Styles Styles...
Calculating Select Ratios using Excel's ROUND and Basic Math Functions Games Galore has provided its condensed financial statements for the year ended December 31, 2016. The Controller has asked you to calculate liquidity, solvency, and profitability ratios that management can use decision making. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. • Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation...
I have attached four pictures, for the one problem.
1. Use ratios to analyze a company's liquidity and solvency. ? X Calculate Select Ratios - Excel FORMULAS DATA REVIEW - Sign In FILE HOME INSERT PAGE LAYOUT VIEW Calibri |11 A A = % D E A E- Paste B I U . " A Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells - Editing Clipboard Font A1 X fic Condensed financial statements for Games Galore are...
1. Use ratios to analyze a company's liquidity and solvency Calculate Select Ratios Excel 2 points FILE HOME INSERTP DATA PAGE LAYOUT FORMULAS REVIEW VIEW 6Calibri ED A Alignment Number Conditional Format as Cel l Editing Paste B 1 u· B-2-. Clipboard A1 N Formatting Table Styles eBook Styles Font VXfCondensed financial statements for Games Galore are summarized below: Ask 3 Balance Sheet 4 Cash 5 Accounts Receivable, Net 6 Inventory 7 Prepaid Insurance 8 Total Current Assets 9 Property...
PLEASE SHOW THE FORMULA FOR EXCEL
B35 B с D $ 2016 185,000 $ 80,000 104,000 11,900 380,900 514,500 895.400 S 2015 143,000 59,000 134,000 5,880 341,880 407.000 748,880 + $ S 1 Condensed financial statements for Games Galore are summarized below: 2 3 Balance Sheet 4 Cash 5 Accounts Receivable, Net 6 Inventory 7 Prepaid Insurance 8 Total Current Assets 9 Property and Equipment, Net 10 Total Assets 11 12 Current Liabilities 13 Long-term Liabilities 14 Total Liabilities 15...
The financial statements of ConAgra Foods,
Inc.’s 2017 annual report disclose the following
information.
(in
millions)
2017
2016
2015
Year-end inventories
$934.2
$1,044.1
$1,642.6
Fiscal Year
2017
2016
Net sales
$7,826.9
$8,664.1
Cost of goods sold
5,484.8
6,234.9
Net income
648.0
(665.9)
Compute ConAgra’s (a) inventory turnover and (b) the average days
to sell inventory for 2017 and 2016. (Round inventory
turnover to 1 decimal place, e.g. 7.6 and average days to sell
inventory to 0 decimal places, e.g. 65.)...
Silver Computer Corporation Use the financial statements below to complete a financial ratio analysis. The ratios should be calculated on the ratio worksheet. Make sure to reference amounts from the statements onto your ratios. Be sure that your answer uses the correct format for that ratio: times, percentage, days, dollar amount. Ratio Format: Show with your answer whether the ratio is times, perentage, or dollar amount. For example: o Current ratio is times, so it would be shown as a...
Compute and Interpret Liquidity and Solvency Ratios Selected balance sheet, income statement and cash flow statement information from Tesla, Inc. for 2017 and 2016 follows ($ thousands). December 31 2017 2016 Cash and cash equivalents $4,145,691 $4,170,993 Restricted cash 160,989 111,185 Net receivables 515,381 499,142 Inventory 2,263,537 2,067,454 Other current assets 268,365 194,465 Current assets 7,353,963 7,043,239 Current liabilities 7,674,670 5,827,005 Total liabilities 23,022,980 16,750,167 Stockholders' equity 6,410,169 6,691,686 Year ended December 31, 2017 Loss before income taxes $(2,209,032) Interest...
2021 was 50,000. Compute selected ratios, and compare liquidity, profitability, and solvency for two companies P15.5 (LO 2) Selected financial data of Target (USA) and Wal-Mart Stores, Inc. (USA) for a recent year are presented below (in millions). Wal-Mart Target Stores, Inc. Corporation Income Statement Data for Year $476,294 358,069 91,353 $72,596 51,160 Net sales Cost of goods sold 16,816 Selling and administrative expenses Interest expense Other income (expense) Income tax expense 2,335 1,126 (410) 8,105 (391) 1,132 $ 16,022...
SOVO Excel SIM: Selected Financial Ratios 1. Compute and interpret financial ratios that managers use to assess liquidity 2. Compute and interpret financial ratios that managers use for asset management purposes. 3. Compute and interpret financial ratios that managers use for debt management purposes S. FILE HOME INSERT PAGE LAYOUT Selected Financial Ratios - Excel FORMULAS DATA REVIEW 26 ? Caliber x VIEW ! Paste 10 A - 6 Sign in À Alignment Number BIU- B A Coboard Fort Conditional...