Empire Company Limited's full 2021 Annual Report can be accessed from their website: https://www.empireco.ca/ Requirement #1 Calculate the following ratios from the Financial Statements (start of page 43 of the Annual Report) Show your work in an Excel File Profitability ratios: Return on equity Return on assets Gross profit margin Net profit margin Basic earnings per share Liquidity ratios: Current ratio Quick ratio Solvency ratios: Debt-to-equity Asset turnover ratios: Total asset turnover Fixed asset turnover Receivables turnover (assume all sales are credit) Inventory turnover Requirement #2 A. Discuss the profitability ratios, and comment on how the company is performing, suggest ways for improvement(4 Marks) Discuss the Liquidity ratios, comment on how the company is performing (2 Marks) Discuss the Turnover rations, comment on how the company is performing (3 Marks) B. Review the Sustainability Pillars for Empire and discuss in your opinion what the company should focus on(select 1 only) to improve their bottom line and create sustainability

 

Answer rating: 100% (QA)

Ill provide the calculations and analysis of the financial ratios in Excel format as well as the discussion and suggestions for improvement Excel File Insert Excel file with calculations and ratios Pr... View the full answer