Answer question based on the given information below. The Boutique: Annual Financials Income Statement Figures in $000's
Question:
Answer question based on the given information below.
The Boutique: Annual Financials
Income Statement
Figures in $000's
Year ending Feb 1, 2020 | Year ending Feb 2, 2019 | Year ending Feb 3, 2018 | |
Net Sales | 450. | 470. | 480. |
Cost of Goods Sold | 268. | 267. | 269. |
Gross Profit | 184. | 193. | 211. |
S,G, & A | 117. | 121. | 135. |
Other Oper Expnses | 48. | 52. | 17. |
Net Profit | 17. | 30. | 59. |
Balance Sheet
Figures in $000's
As of Feb 1, 2020 | As of Feb 2, 2019 | ||
Assets | Cash | 20. | 30. |
Accounts Receivbl | 10. | 10. | |
Inventories | 60. | 58. | |
Other | 10. | 8. | |
Total Current Assets: | 100. | 106. | |
Equipmnt, Lease Rights, other | 200. | 192. | |
Total Assets: | 300. | 298. | |
Liabilities | Accounts Payable | 30. | 25. |
Wages Payable | 10. | 10. | |
Other | 3. | 9. | |
Total Current Liabilities: | 43. | 44. | |
Long-term debt | 100. | 97. | |
Total Liabilities: | 143. | 141. | |
Stockholders' Equity | Total Stockholders' Equity: | 145. | 149. |
Total Liabilities and Stockholders' Equity | Total Liabilities and Stockholders' Equity: | 300. | 290. |
Sales by Location, in retail dollars
(Figures in $000's)
Fiscal 2019 | Fiscal 2018 | Fiscal 2017 | Fiscal 2016 | Fiscal 2015 | |
Peach Street | 210. | 205. | 205. | 200. | 200. |
Walnut Street | 97. | 98. | 100. | 95. | 90. |
Whitlock Ave | 47. | 70. | 80. | 95. | 90. |
Spruce Street | 96. | 97. | 95. | 85. | 80. |
Total | 450. | 470. | 480. | 475. | 460. |
Sales by Classification, in retail dollars
(Figures in $000's)
Fiscal 2019 | Fiscal 2018 | |
Special Occasion | 20. | 40. |
Dresses | 80. | 100. |
Career | 150. | 130. |
Casual | 180. | 150. |
Furs | 20. | 50. |
Total | 450. | 470. |
Inventory by Classification, in retail dollars
(Figures in $000's)
As of Feb 1, 2020 | As of Feb 2, 2019 | |
Special Occasion | 8. | 6. |
Dresses | 13. | 14. |
Career | 13. | 13. |
Casual | 14. | 15. |
Furs | 12. | 10. |
Total | 60. | 58. |
Nicole's Comparison Shopping Report
Retail Prices currently on the selling floors
The Boutique | Ann Taylor | Macy's | Kohl's | Lilac & Rose | Target | Wal-Mart | Fur Vault | |
Special Occasion | $100-225 | $70-90 | $80-150 | |||||
Dresses | $100-200 | $40-60 | $70-90 | $20-50 | $60-110 | $15-30 | $12-20 | |
Career | $150-300 | $70-110 | $80-100 | $100-130 | $50-60 | $30-50 | ||
Casual | $30-120 | $10-40 | $18-75 | $8-30 | $20-50 | $9-25 | $8-20 | |
Furs | $300-500 | $150-2500 |
Question 1:
Complete the corp analyzer based on the information above:
Financial Measure (see attachment) | Company's Performance; Period: 2019 | Benchmark:Company's Past Performance; Period:2018 |
Benchmark: specialty store |
Annual Sales Increase (Decr.)% | 2.6% | ||
| Gross Margin % | 34.5% | ||
Operating Expense (S,G, & A) % | 28.2% | ||
| Net Profit Margin % | 5.4% | ||
Inventory Turns | 6.90 | ||
Current Ratio | 1.20 | ||
Quick Ratio | .75 | ||
Total Debt to Equity Ratio | .78 |
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