Question

Year 1 Billion 10.85 What is the industry average for tootear & accessories Ratios Year 3 Industry 2014 2 2017 2018 All Liquidity & Efficiency 2.80 2.93 1 2.51 Current ratio: * 21.396 $23.259 22.536 Current Billion 1.121 Billion Billion assets/current liabilities Billion 12.17 Billion Accounts receivable 9.99 9.34 1 10.41 9.38 turnover: Days sales uncollected: 36.54 | 39.07 135.08 Solvency Debt ratio 0.17 0.31 oL 090.391 Equity ratio 0.17 0.27 HL 0.364 Times interest earned 236.95 80.49 82.31 Profitability $32.4B $32.28 $34.58 Profit margin 11.94 1 2.02:1 5.114

The professor wants the information in the left column for the Inductry average of footwear & accessories.

Answer 1

	Year 1	Year 2	Year 3	Industry Average
Liquidity and efficiency ratio	2.8	2.93	2.51	2.75	=10.99/3
Current ratio	2.35	2.14	1.77	2.09	=8.35/3
Accounts Receivable turnover	9.99	9.34	10.41	9.91	=39.65/3
Day sales collected	36.54	39.07	35.08	36.90	=147.59/3
Solvency
Debt ratio	0.17	0.27	0.36	0.27	=1.07/3
equity rati	0.17	0.31	0.39	0.29	=1.16/3
times interest earned	236.95	80.49	82.31	133.25	='533/3
Profitability	32.48	32.28	34.58	33.11	=132.45/3
Profit margin	11.84%	12.02%	5.11%	9.66%	=38.63%/3