2015 2016 2017 2018 Current Ratio/working capital 3.67:1 5.1:1 3.5:1 4.15:1 Acid Test/Quick ratio 2:1 3.1:1...
2015 2016 2017 2018
Current Ratio/working capital 3.67:1 5.1:1 3.5:1 4.15:1
Acid Test/Quick ratio 2:1 3.1:1 2.09:1 2.64:1
Gearing ratio 51% 35.00% 40.00% 41.00%
Please comments on liquidity and gearing by the above figures
Homework Answers
The position of the liquidity is determined on the current ratio/working capital or Acid test/Quick ratio. It refers to the availability of sufficient cash to meet current obligations. Current Ratio/working capital and Acid Test/Quick ratio indicate the fluctuating and progressive trend. From the period 2015, the liquidity position has improved in 2018, but the situation has fluctuated over this period. Gearing ratio is a part of the solvency ratio. It indicates the proportion of debt and equity used to fund business activities. High gearing ratio indicates a high proportion of debt. Gearing ratio shows declining and fluctuating trend. From the period 2015, the gearing ratio has decreased in 2018. This indicates the proportion of debt is decreasing and the reliance on equity fund is increasing to fund the business activities. However, but the situation has fluctuated over this period.
Add Answer to:
2015 2016 2017 2018 Current Ratio/working capital 3.67:1 5.1:1 3.5:1 4.15:1 Acid Test/Quick ratio 2:1 3.1:1...
2015 2016 2017 2018 Current Ratio/working capital 3.67:1 5.1:1 3.5:1 4.15:1 Acid Test/Quick ratio 2:1 3.1:1...
2015 2016 2017 2018 Current Ratio/working capital 3.67:1 5.1:1 3.5:1 4.15:1 Acid Test/Quick ratio 2:1 3.1:1 2.09:1 2.64:1 Gearing ratio 51% 35.00% 40.00% 41.00% Please comments on liquidity and gearing by the above figures
Instructions For 2017 and 2018, calculate current ratio, quick (acid-test) ratio, inventory turnover and days' inventory...
Instructions For 2017 and 2018, calculate current ratio, quick (acid-test) ratio, inventory turnover and days' inventory outstanding (DIO), accounts receivable turnover, days' sales in average receivables or days' sales outstanding (DSO), accounts payable turnover, days' payable outstanding (DPO), and cash conversion cycle (in days). a. Use the cost of goods sold in the formula for accounts payable turnover. b. Use a 365-day year for calculations as needed. c. Use cell references from prior calculations, if applicable. (Always use cell references...
Instructions For 2017 and 2018, calculate current ratio, quick (acid-test) ratio, inventory turnover and days' inventory...
Instructions For 2017 and 2018, calculate current ratio, quick (acid-test) ratio, inventory turnover and days' inventory outstanding (DIO), accounts receivable turnover, days' sales in average receivables or days' sales outstanding (DSO), accounts payable turnover, days' payable outstanding (DPO), and cash conversion cycle (in days). a. Use the cost of goods sold in the formula for accounts payable turnover. b. Use a 365-day year for calculations as needed. c. Use cell references from prior calculations, if applicable. (Always use cell references...
Compute the acid-test ratio. Simon Company's year-end balance sheets follow At December 31 2017 2016 2015...
Compute the acid-test ratio.
Simon Company's year-end balance sheets follow At December 31 2017 2016 2015 Assets 36,109 43,061 $ 44,411 58,623 Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 107,828 75,357 134, 244 11,863 328,163 305,832 65,612 5,033 97,607 11,080 274,921 $618,207 $532,937 $448,600 Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings $153,934 $89,166 $ 58,031 113,898 162,500 162,500 162,500 125,027...
1. calculate current ratio? 2. calculate the quick ratio of this company? 3. 3. part 3...
1. calculate current ratio?
2. calculate the quick ratio of this company?
3.
3.
part 3 is complete in 2 pictures ..
4. what is compro' debt ratio?
5.
6. what is amount of working capital?
7. what does the working capital of company show?
please please solve all 7 part. I really need it.
thanks
[The following information applies to the questions displayed below.) Shown below are selected data from the balance sheet of Compros, a small electronics store...
Financial Indicators/Ratios 2018 2017 Current ratio ? 2.92 : 1 Acid test ratio ? 1.28 :...
Financial Indicators/Ratios 2018 2017 Current ratio ? 2.92 : 1 Acid test ratio ? 1.28 : 1 Debtors collection period ? 16 days Creditors payment period ? 27 days Inventory turnover rate ? 24 times/year Gross profit percentage ? 35% Net profit percentage ? 10,29% Return on equity ? 210,53% Debt equity ratio ? 0.74 Catwalksale (Pty) Ltd Extract from the statement of profit or loss and other comprehensive income for the year ending 31 December 2018: 2018 2017 Revenue...
Urban Outfitters (URBN) Ratios Industry Average Ratio Three Year Company Ratio Results 2018 2017 2016 Year(s)...
Urban Outfitters (URBN) Ratios Industry Average Ratio Three Year Company Ratio Results 2018 2017 2016 Year(s) Year Year Year 1. Working Capital $ 550,714.00 $ 618,543.00 $ 528,469.00 $ 505,130.00 2. Current Ratio 2.58091217 2.717154247 2.497384736 2.528197527 3. Acid Test 1.923964277 3.378452809 1.172230597 1.221209424 4. Fixed Assets to Long-term Liabilities 2.936774112 2.79009679 3.667347068 2.352878479 5. Debt to Equity Ratio 2.006723868 0.498760705 0.448983462 5.072427438 6. Return on Equity 15% 8% 19% 18% 1. Discuss what each ratio reveals about the company?...
2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabiliti...
2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabilities Days Accounts Receivable 1 Low ST liquidity risk high Low ST liquidity risk 0.4 Low ST liquidity risk Current Assets/ Current Liabilities (Cash+ShortTermInvestments+AccountsReceivable Current Liabilities Operating Cash Flow/0.5(Current Liabilities-2Year) 365/Accounts Receivable Turnover Ratio Accounts Receivable Turnover-Sales 0.5(Accounts Receivable-2Year) 565 Inventory lurnover Ratio Inventory Turnover Ratio Costs of Goods Sold'0.5(Inventory-2Year) 365/Accounts Payable Tumover Ratio Accounts Payable Turnover-Purchase 0.5(Accounts Payable-2Year) Purchase-Cost of Goods Sold+Ending Inventory-Beginning Inventory Days...
Gap, Inc Ratios Industry Average Ratio Three Year Company Ratio Results 2018 2017 2016 Year(s) Year...
Gap, Inc Ratios Industry Average Ratio Three Year Company Ratio Results 2018 2017 2016 Year(s) Year Year Year 1. Working Capital $ 1,806,333.33 $ 2,107,000.00 $ 1,862,000.00 $ 1,450,000.00 2. Current Ratio 1.72907289 1.856156034 1.759070526 1.57199211 3. Acid Test 0.784732954 0.839089801 0.863432532 0.651676529 4. Fixed Assets to Long-term Liabilities 1.176228714 1.17659396 1.161118509 1.190973673 5. Debt to Equity Ratio 1.699299909 1.541030534 1.620523416 1.936345776 6. Return on Equity 0.287131047 0.28042328 0.248118921 0.332850941 Discuss what each ratio reveals about the company? Discuss how...
2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabilities Days...
2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabilities Days Accounts Receivable 1 Low ST liquidity risk high Low ST liquidity risk 0.4 Low ST liquidity risk Current Assets/ Current Liabilities (Cash+ShortTermInvestments+AccountsReceivable Current Liabilities Operating Cash Flow/0.5(Current Liabilities-2Year) 365/Accounts Receivable Turnover Ratio Accounts Receivable Turnover-Sales 0.5(Accounts Receivable-2Year) 565 Inventory lurnover Ratio Inventory Turnover Ratio Costs of Goods Sold'0.5(Inventory-2Year) 365/Accounts Payable Tumover Ratio Accounts Payable Turnover-Purchase 0.5(Accounts Payable-2Year) Purchase-Cost of Goods Sold+Ending Inventory-Beginning Inventory Days...
Instructions For 2017 and 2018, calculate current ratio, quick (acid-test) ratio, inventory turnover and days' inventory outstanding (DIO), accounts receivable turnover, days' sales in average receivables or days' sales outstanding (DSO), accounts payable turnover, days' payable outstanding (DPO), and cash conversion cycle (in days). a. Use the cost of goods sold in the formula for accounts payable turnover. b. Use a 365-day year for calculations as needed. c. Use cell references from prior calculations, if applicable. (Always use cell references...
Instructions For 2017 and 2018, calculate current ratio, quick (acid-test) ratio, inventory turnover and days' inventory outstanding (DIO), accounts receivable turnover, days' sales in average receivables or days' sales outstanding (DSO), accounts payable turnover, days' payable outstanding (DPO), and cash conversion cycle (in days). a. Use the cost of goods sold in the formula for accounts payable turnover. b. Use a 365-day year for calculations as needed. c. Use cell references from prior calculations, if applicable. (Always use cell references...
Compute the acid-test ratio.
Simon Company's year-end balance sheets follow At December 31 2017 2016 2015 Assets 36,109 43,061 $ 44,411 58,623 Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 107,828 75,357 134, 244 11,863 328,163 305,832 65,612 5,033 97,607 11,080 274,921 $618,207 $532,937 $448,600 Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings $153,934 $89,166 $ 58,031 113,898 162,500 162,500 162,500 125,027...
1. calculate current ratio?
2. calculate the quick ratio of this company?
3.
3.
part 3 is complete in 2 pictures ..
4. what is compro' debt ratio?
5.
6. what is amount of working capital?
7. what does the working capital of company show?
please please solve all 7 part. I really need it.
thanks
[The following information applies to the questions displayed below.) Shown below are selected data from the balance sheet of Compros, a small electronics store...
2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabilities Days Accounts Receivable 1 Low ST liquidity risk high Low ST liquidity risk 0.4 Low ST liquidity risk Current Assets/ Current Liabilities (Cash+ShortTermInvestments+AccountsReceivable Current Liabilities Operating Cash Flow/0.5(Current Liabilities-2Year) 365/Accounts Receivable Turnover Ratio Accounts Receivable Turnover-Sales 0.5(Accounts Receivable-2Year) 565 Inventory lurnover Ratio Inventory Turnover Ratio Costs of Goods Sold'0.5(Inventory-2Year) 365/Accounts Payable Tumover Ratio Accounts Payable Turnover-Purchase 0.5(Accounts Payable-2Year) Purchase-Cost of Goods Sold+Ending Inventory-Beginning Inventory Days...
2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabilities Days Accounts Receivable 1 Low ST liquidity risk high Low ST liquidity risk 0.4 Low ST liquidity risk Current Assets/ Current Liabilities (Cash+ShortTermInvestments+AccountsReceivable Current Liabilities Operating Cash Flow/0.5(Current Liabilities-2Year) 365/Accounts Receivable Turnover Ratio Accounts Receivable Turnover-Sales 0.5(Accounts Receivable-2Year) 565 Inventory lurnover Ratio Inventory Turnover Ratio Costs of Goods Sold'0.5(Inventory-2Year) 365/Accounts Payable Tumover Ratio Accounts Payable Turnover-Purchase 0.5(Accounts Payable-2Year) Purchase-Cost of Goods Sold+Ending Inventory-Beginning Inventory Days...
Most questions answered within 3 hours.
-
Explain the differences between FIND and FINDSTR command in
windows:
[write in a few sentences]
asked 11 minutes ago -
A 200g block attached to a horizontal spring is oscillating with
an amplitude of 2.0cm and...
asked 14 minutes ago -
When solving for an optimal bundle using the Hicksian and
Marshallian demand, should you get the...
asked 15 minutes ago -
1. The standard width between rails on North American and most
European railroads is 5 ft...
asked 12 minutes ago -
Which of these is a pure compound, which is an element, and
which is neither?
helium...
asked 19 minutes ago -
How much energy is required to vaporize 175 g of butane at its
boiling point? The...
asked 29 minutes ago -
X has a normal distribution with the given mean and
standard deviation. Find the indicated probability....
asked 31 minutes ago -
Calculate the probability that a particle will be found in a
tiny slice of space between...
asked 34 minutes ago -
Developed countries with some of the highest GDPs per
capita:
a)are not found outside of Europe...
asked 36 minutes ago -
draw a diagram illustrating the three ways of genetic
information flow
asked 52 minutes ago -
CASE 3-1 YOU CAN’T GET THERE FROM HERE: UBER SLOW ON
DIVERSITY
Established in 2009, Uber...
asked 51 minutes ago -
A local AM radio station broadcasts at an energy of
4.39×10-31 kJ/photon.
Calculate the frequency at...
asked 1 hour ago