Question

I am working on doing an analysis of a company for my accounting class. can you please review what I have and correct what I have wrong. Also, Help me with the ones I have left blank as I can not find the right information to solve these. Thank you so much!!

Ratio:	Formula:	Year:	Formula:	Total:
Current Ratio:	Current Assets / Current Liabilities	2018	566,951 / 379,743	1.49
Acid-Test Ratio	Cash + Short- Term Investments + Current Receivables / Current Liabilities	2018	520,976 / 379,743	1.37
Inventory Turnover	Cost of Goods Sold / Average Inventory	2018	2,130,188 / ?
Total Asset Turnover	Net Sales/ Average Total Assets	2018	361,972 / ?
Days Sales In Inventory	Ending Inventory / Cost of Goods Sold x 365	2018	45,975 / 2,130,188 * 365	7.88
Debit Ratio	Total Liabilities / Total Assets	2018	3,947,306 / 907,385	4.35
Equity Ratio	Total Equity / Total Assets	2018	907,385 / 907,385	1.00
Debit-to-Equity Ratio	Total Liabilities / Total Equity	2018	3,947,306 / 907,385	4.35
Profit Margin Ratio	Net Income / Net Sales	2018	361,972 / ?
Gross Margin Ratio	Net Sales - Cost of Goods Sold / Net Sales	2018	?
Basic Earnings Per Share	Net Income - preferred Dividends / Weighted-Average Common Shares Outstanding	2018	?
Dividend Yield	Annual Cash Dividends Per Share / Market Price Per Share	2018	?
Current Ratio:	Current Assets / Current Liabilities	2019	787,617 / 453,831	1.74
Acid-Test Ratio	Cash + Short- Term Investments + Current Receivables / Current Liabilities	2019	734,663 / 453,831	1.62
Inventory Turnover	Cost of Goods Sold / Average Inventory	2019	2,216,774 / ?
Total Asset Turnover	Net Sales/ Average Total Assets	2019	400,709 / 1,144,738	0.35
Days Sales In Inventory	Ending Inventory / Cost of Goods Sold x 365	2019	52,955 / 2,216,774 * 365	8.72
Debit Ratio	Total Liabilities / Total Assets	2019	4,797,851 / 1,382,092	3.47
Equity Ratio	Total Equity / Total Assets	2019	1,382,092 / 1,382,092	1.00
Debit-to-Equity Ratio	Total Liabilities / Total Equity	2019	4,797,851 / 1,382,092	3.47
Profit Margin Ratio	Net Income / Net Sales	2019	400,709 / ?
Gross Margin Ratio	Net Sales - Cost of Goods Sold / Net Sales	2019	?
Basic Earnings Per Share	Net Income - preferred Dividends / Weighted-Average Common Shares Outstanding	2019	?
Dividend Yield	Annual Cash Dividends Per Share / Market Price Per Share	2019	?

Domino's Pizza, Inc. and Subsidiaries CONSOLIDATED BALANCE SHEETS (In thousands, except share and per share amounts) December 29. 2019 December 30, 2018 $ $ Assets Current assets: Cash and cash equivalents Restricted cash and cash equivalents Accounts receivable, net of reserves of $2,856 in 2019 and $1.879 in 2018 Inventories Prepaid expenses and other Advertising fund assets, restricted Total current assets Property, plant and equipment: Land and buildings Leasehold and other improvements Equipment Construction in progress 190,615 209.269 210,260 52.955 19,129 105,389 787.617 25,438 166,993 190,091 45,975 25.710 112.744 566,951 44,845 164,071 243.708 42.705 495,329 (252,448) 242,881 41.147 170,498 243.654 31,822 487,121 (252.182) 234.939 228,785 11.982 15,093 8,718 14,919 73,140 12,521 10,073 351,594 1,382,092 63,809 12,523 5,526 105,495 907,385 $ S 35,893 92,546 40,962 25,981 Accumulated depreciation and amortization Property, plant and equipment, net Other assets: Operating lease right-of-use assets Investments in marketable securities, restricted Goodwill Capitalized software, net of accumulated amortization of $104,237 in 2019 and $89,161 in 2018 Other assets, net of accumulated amortization of $56 in 2019 and S776 in 2018 Deferred income taxes Total other assets Total assets Liabilities and stockholders' deficit Current liabilities: Current portion of long-term debt Accounts payable Accrued compensation Accrued interest Operating lease liabilities Insurance reserves Advertising fund liabilities Other accrued liabilities Total current liabilities Long-term liabilities: Long-term debt, less current portion Operating lease liabilities Insurance reserves Other accrued liabilities Total long-term liabilities Total liabilities Commitments and contingencies Stockholders' deficit Common stock, par value $0.01 per share: 170,000,000 shares authorized; 38,934,009 in 2019 and 40,977,561 in 2018 issued and outstanding Preferred stock, par value $0.01 per share: 5,000,000 shares authorized, none issued Additional paid-in capital Retained deficit Accumulated other comprehensive loss Total stockholders' deficit Total liabilities and stockholders' deficit 43.394 111,101 46,214 27,881 33,318 23,735 101.921 66,267 453,831 22,210 107,150 55,001 379,743 3,495,691 4.071,055 202.731 34,675 35,559 4,344,020 4,797,851 31,065 40,807 3,567,563 3,947,306 389 410 243 (3.412.649) (3.742) (3.415.759) 1,382,092 569 (3,036,471) (4,429) (3,039,921) 907,385

Answer 1

I have reviewed the formulas. Where the formula is incorrect, i have changed the formula to correct one and highlighted the formula in bold for your reference. Even answers i have highlighted all changes in bold

Current Ratio:	Current Assets / Current Liabilities	2018	566,951 / 379,743	1.49
Acid-Test Ratio	Cash + Short- Term Investments + Current Receivables / Current Liabilities	2018	520,976 / 379,743	1.37
Inventory Turnover	Cost of Goods Sold / Average Inventory ([opn + clos inventory]/2)	2018	2,130,188 / 49,465	43.06
Total Asset Turnover	Net Sales/ Average Total Assets [Avg assets= 1382092+907385]/2	2018	3432867 / 1144739	2.998
Days Sales In Inventory	Average Inventory / Cost of Goods Sold x 365	2018	49465 / 2,130,188 * 365	8.48
Debit Ratio	Total Liabilities / Total Assets	2018	3,947,306 / 907,385	4.35
Equity Ratio	Total Equity / Total Assets	2018	907,385 / 907,385	1.00
Debit-to-Equity Ratio	Total Liabilities / Total Equity	2018	3,947,306 / 907,385	4.35
Profit Margin Ratio	Net Income / Revenue	2018	361,972 / 3432867	0.105
Gross Margin Ratio	Gross Margin or Operating Margin / Revenue	2018	1302679/3432867	0.379
Basic Earnings Per Share	Net Income - preferred Dividends / Weighted-Average Common Shares Outstanding	2018	(361972000-0)/40977561	8.83
Current Ratio:	Current Assets / Current Liabilities	2019	787,617 / 453,831	1.74
Acid-Test Ratio	Cash + Short- Term Investments + Current Receivables / Current Liabilities	2019	734,663 / 453,831	1.62
Inventory Turnover	Cost of Goods Sold / Average Inventory	2019	2,216,275 / 49465	44.80
Total Asset Turnover	Net Sales/ Average Total Assets	2019	3618744 / 1,144,738	3.16
Days Sales In Inventory	Average Inventory / Cost of Goods Sold x 365	2019	49465 / 2,216,774 * 365	8.14
Debt Ratio	Total Liabilities / Total Assets	2019	4,797,851 / 1,382,092	3.47
Equity Ratio	Total Equity / Total Assets	2019	1,382,092 / 1,382,092	1.00
Debit-to-Equity Ratio	Total Liabilities / Total Equity	2019	4,797,851 / 1,382,092	3.47
Profit Margin Ratio	Net Income / Revenue	2019	400,709 / 3618774	0.11
Gross Margin Ratio	Gross Margin or Operating Margin/ Revenue	2019	1402499/3618774	0.38
Basic Earnings Per Share	Net Income - preferred Dividends / Weighted-Average Common Shares Outstanding	2019	(400709000-0)/38934009	10.29