Question

Financial information for Buckle is presented in Appendix B at the end of the book.

Required:
1. Complete the “Amount” and “%” columns to be used in a horizontal analysis of Buckle’s income statement for the year ended February 2, 2013.
2. Calculate the following risk ratios for the year ended February 2, 2013:
a. Receivables turnover ratio.
b. Average collection period.
c. Inventory turnover ratio.
e. Current ratio.
f. Acid-test ratio.
g. Debt to equity ratio.
d. Average days in inventory.
3. Calculate the following profitability ratios for the year ended February 2, 2013:
a. Gross profit ratio.
b. Return on assets.
c. Profit margin.
d. Asset turnover.
e. Return on equity.



$1.99
Sales0
Views199
Comments0
  • CreatedJuly 15, 2014
  • Files Included
Post your question
5000