Pool Corporation, Inc., sells swimming pool supplies and equipment. It is a publicly traded corporation that trades
Question:
Pool Corporation, Inc., sells swimming pool supplies and equipment. It is a publicly traded corporation that trades on the NASDAQ exchange. The majority of Pool’s customers are small, family-owned businesses.
Required:
1. Using the SEC EDGAR service at sec.gov or the company’s investor relations website, download the current annual report for Pool Corporation.
2. Compute the following ratios:
a. Return on assets ratio
b. Net profit margin ratio
c. Inventory turnover ratio
d. Current ratio
e. Cash coverage ratio
f. Debt-to-equity ratio
g. Price/earnings ratio
Step by Step Answer:
1 To download the current annual report for Pool Corporation go to the SEC EDGAR website at secgov a...View the full answer
Financial Accounting
ISBN: 9781264229734
11th Edition
Authors: Robert Libby, Patricia Libby, Frank Hodge
Related Video
Inventory turnover is a key metric that helps businesses evaluate the efficiency of their operations. A high turnover ratio is generally considered positive, indicating that the company is effectively selling its inventory and making efficient use of its resources. On the other hand, a low turnover ratio may indicate issues such as overstocking or slow sales and may require further examination to identify and address the underlying causes. Businesses use this ratio to make decisions about inventory levels, production schedules, and pricing strategies. It also helps businesses to identify areas where they may need to make improvements, such as reducing lead times for production or optimizing sales and marketing efforts. Additionally, inventory turnover is used by investors and analysts as a key performance indicator to evaluate the financial health and growth potential of a company.
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