Finding the total Ratios for 2020 as well as for the Cash Flows #2 Ratios for 2020

Finding the total Ratios for 2020 as well as for  the Cash Flows 

Transcribed Image Text:

#2 Ratios for 2020 #1 ncome Statement* 2019 2020 Balance Sheet" 2019 2020 Sources Uses Ratio Equity Corp Industry Median Sales $4,128 $4,498 Cash $306 $285 U $21 Current ratio 1.82 Cost of Goods Sold $2,769 $2,987 Accts. Receivable $565 $646 U ($81) Quick ratio 1.16 Gross Profit $1,359 $1,511 Inventory $865 $832 U $33 Days Sales Receivables 39.3 Selling and Admin. $654 $735 Total Current Assets $1,736 $1,763 U ($27) Inventory Turnover 3.44 Depreciation Expense $307 $336 Net Plant & Equip. $1,391 $1,655 U ($264) Times Interest Earned 5.8 EBIT $398 $440 Total Assets $3,127 $3,418 U ($291) Fixed Asset Turnover 2.92 nterest Expense $83 $106 $0 Total Asset Turnover 1.52 Taxable Income $315 $334 Accts. Payable $535 $582 S $47 Long-term debt ratio 33.7% Taxes Net Income Ovidends $86 $93 Notes Payable $431 $605 S $174 Equity Multiplier 1.87 $229 $241 Total Current Liab. $966 $1,187 S $221 Profit Margin 6.2% $103 $109 Long-term Debt $955 $885 U -$70 Return on Assets 9.4% Add. to RE $126 $132 Total Liabilities $1,921 $2,072 S $151 Return on Equity 17.6% C/S & Paid in Surplus $155 $162 S $7 in millions of US$ Retained Earnings $1,051 $1,184 S $133 #3 Cash Flows Calculations Stockholders' Equity $1,206 $1,346 S $140 Operating Cash Flow Total Liab. & Stock Eq. $3,127 $3,418 S $291 Net Capital Spending Change in NWC Cash flow from Assets Interest Paid Net New Borrowing Cash flows to Creditors Dividends Paid Net New Equity Raised Cash flows to Stockholders #2 Ratios for 2020 #1 ncome Statement* 2019 2020 Balance Sheet" 2019 2020 Sources Uses Ratio Equity Corp Industry Median Sales $4,128 $4,498 Cash $306 $285 U $21 Current ratio 1.82 Cost of Goods Sold $2,769 $2,987 Accts. Receivable $565 $646 U ($81) Quick ratio 1.16 Gross Profit $1,359 $1,511 Inventory $865 $832 U $33 Days Sales Receivables 39.3 Selling and Admin. $654 $735 Total Current Assets $1,736 $1,763 U ($27) Inventory Turnover 3.44 Depreciation Expense $307 $336 Net Plant & Equip. $1,391 $1,655 U ($264) Times Interest Earned 5.8 EBIT $398 $440 Total Assets $3,127 $3,418 U ($291) Fixed Asset Turnover 2.92 nterest Expense $83 $106 $0 Total Asset Turnover 1.52 Taxable Income $315 $334 Accts. Payable $535 $582 S $47 Long-term debt ratio 33.7% Taxes Net Income Ovidends $86 $93 Notes Payable $431 $605 S $174 Equity Multiplier 1.87 $229 $241 Total Current Liab. $966 $1,187 S $221 Profit Margin 6.2% $103 $109 Long-term Debt $955 $885 U -$70 Return on Assets 9.4% Add. to RE $126 $132 Total Liabilities $1,921 $2,072 S $151 Return on Equity 17.6% C/S & Paid in Surplus $155 $162 S $7 in millions of US$ Retained Earnings $1,051 $1,184 S $133 #3 Cash Flows Calculations Stockholders' Equity $1,206 $1,346 S $140 Operating Cash Flow Total Liab. & Stock Eq. $3,127 $3,418 S $291 Net Capital Spending Change in NWC Cash flow from Assets Interest Paid Net New Borrowing Cash flows to Creditors Dividends Paid Net New Equity Raised Cash flows to Stockholders

Answer rating: 100% (QA)

To find the total ratios for 2020 and the cash flows we can use the provided financial data Here are ... View the full answer