Compare financial ratios between Wicked Good Cupcakes and the company you chose to blog about.

Instructions:

Using the attached Excel spreadsheet for Wicked Good Cupcakes (WGC) calculate the listed ratios.

What do these ratios suggest about the company's performance during the period presented?

In Table 2 list the 5 ratios from your 'blog company' and corresponding ratios for WGC.

Are these ratios 'comparable' for these two companies? Explain? Why you think they are/not comparable.

Which ratios would a senior operational manager for WGC be most interested in following?

ANNUAL BALANCE SHEET
	($ Thousands)
						31-Dec-15	31-Dec-16
			31-Dec-15	31-Dec-16
	ASSETS				Profitability Ratios (in %)
	Cash & Short-Term Investments		$17.11	$25.05	Return on equity
	Net Receivables		$1.62	$1.84	Return on assets
	Inventories		$42.72	$39.68	Return on invested capital
	Prepaid Expenses		$0.00	$0.00	Profit margin
	Other Current Assets		$3.38	$2.93	Gross margin
	Total Current Assets		$64.84	$69.49	Turnover-Control Ratios
					Asset turnover
	Gross Plant, Property & Equipment		$63.75	$58.28	Fixed-asset turnover
	Accumulated Depreciation		$36.16	$32.61	Inventory turnover
					Collection period (days)
	Net Plant, Property & Equipment		$27.58	$25.67	Days' sales in cash
	Intangibles		$5.88	$6.01	Payables period
	Other Assets		$6.16	$5.81
					Leverage and Liquidity Ratios
	TOTAL ASSETS		$104.47	$106.98	Assets to equity
					Debt to assets
	LIABILITIES				Debt to equity
	Long Term Debt Due In One Year		$0.00	$0.00	Times interest earned
	Accounts Payable		$10.59	$11.91	Current ratio
	Taxes Payable		$1.87	$2.01	Acid test
	Accrued Expenses		$7.19	$6.91
	Other Current Liabilities		$1.88	$1.85
	Total Current Liabilities		$21.54	$22.67
	Long Term Debt		$6.95	$19.79
	Deferred Taxes		$1.16	$2.32
	Other Liabilities		$3.04	$2.43
	TOTAL LIABILITIES		$32.68	$47.21
	EQUITY						Answer rating: 100% (QA) Blog Co 31Dec15 31Dec16 31Dec15 31Dec16 Profitability Ratios in Profit margin 789 603 Profitability ... View the full answer Related Book For   Fundamentals of Investing ISBN: 978-0133075359 12th edition Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk See More Books Posted Date: Oct 08, 2018 12:23 AM See More Questions Students also viewed these accounting questions Calculate the mode, mean, and median of the following data: 18 10 15 13 17 15 12 15 18 16 11 Please prepare a 500 word essay with proper citations and references. Choose a product or service you have purchased or paid for, answer the following questions below putting in practice the customer... Why do you think other airline companies do not use the same level of technological help This can encourage students to think about decision making in staid old slow bureaucratic companies vs... One of Red Clay's employee handbook sections covers employee monitoring. An employee filed a complaint with the HR department stating he opposes this monitoring and chooses to opt out. What legal... Use the data given in P13-5 for Prince Company. The comparative financial statements for Prince Company are below: Required: 1. Compute component percentages for Year 2. 2. Compute the ratios in the... Determine whether the improper integral converges and, if so, evaluate it. S' 0 e x dx x V How might the attributes of a highly motivated employee change for different job descriptions? On December 31, 2012, Paxon Corporation acquired 90 percent of the outstanding common stock of Saxon Company for $1,620 million cash. The fair value of the 10 percent noncontrolling interest in Saxon... During 2021, Albert redeems Series EE savings bonds for $6,000 - - consisting of $2,000 interest and $4,000 principal. Albert has net qualifying education expenses of $5,000 in 2021. Albert, a single... Oasis Co., a U.S. shareholder, owns 100% of Shack Co. and 100% of Studio Co., both CFCs. Shack Co. has $300,000 of gross income, of which $50,000 is effectively connected income, and $30,000 is... Given Q = Q(L,K) = KL, find: a) The marginal product of labor function. b) The marginal product of the first worker when K = 1. c) The marginal product of the twenty-seventh worker when K = 1. MLo, Inc. can convert its disbursements from check to ACH for an upfront investment of $5,000. Historically, MLo has 5,000 disbursements per year. If ACH transfers are $0.20 cheaper than checks, what... Suppose the Florida Inn Hotel has annual fixed costs of $2,750,000 for a 300-room hotel. The average variable cost is $10 for each room rented. Last year, the hotel sold a total of 70,000 room... Annabelle, Boden, and Christy form ABC Partnership as equal partners. Annabelle and Boden contribute cash of $50,000 each and Christy contributes equipment with a $100,000 fair market value and... Lamb Corporation (an S corporation) distributes property to its sole shareholder, Sarah. The property has a $175,000 basis and $350,000 fair market value. Prior to the distribution, Sarah's basis is... Silicon Inc. has provided the following information for the year ended December 31, Year 1. Master Budget Actual Costs 5,000 units 4,500 units Direct materials $ 35,000 $ 32,500 Direct labor 15,000... The external environment of Costco Competitor analysis of Costco... 1. The external environment of Costco 2. Competitor analysis of Costco (number of competitors, assess performance, investment... In exchange for land, the company received a 12-month note on January 1. The face amount of the note is $1,000, and the stated rate of interest is 13%, compounded annually. The 13% rate is equal to... Use the information in this table to construct a supply/demand curve . (You may construct one on your computer and copy/paste or do it by hand and include a photo of your work.) At what price will... a. Discuss the concept of pyramiding as it applies to this investment situation. b. What is the present margin position (in percent) of Ravi's account? c. Ravi buys the 1,000 shares of RS through his... From 1990 to 2005, the average WO rose by more than 20% in its first day of trading. In 1999, 117 deals doubled in price on the first day, compared to only 39 in the previous 24 years combined. Since... Assume a major investment service has just given Oasis Electronics its highest investment rating, along with a strong buy recommendation. As a result, you decide to take a look for yourself and to... Allister Company uses both debt capital and equity capital to fund new projects. The before-tax cost of debt capital is 12 percent. The cost of equity capital is 10 percent. Allister's effective tax... Use an Internet search engine to identify three companies or agencies that use present worth analysis to make business decisions as evidenced in their annual reports. Use the Internet to access ConocoPhillips's most recent annual report. a. What evidence do you find that ConocoPhillips continues to rely on present worth analysis in its corporate decision making?... Previous Question Next Question Home Business Tax Deductions Keep What You Earn 4th Edition - ISBN: 1413307205 - Free Book Study smarter with the SolutionInn App Get In Touch About Us Contact Us Career Jobs FAQ Campus Ambassador Company Info Security Copyrights Privacy Policy Terms & Condition SolutionInn Fee Scholarship Services Sitemap Fun Definitions Become Tutor Study Help Categories Recent Questions Expert Questions Copyright © 2024 SolutionInn All Rights Reserved. Get the SolutionInn - Study Help App