Question: 9.119 Using the financial data below, answer the following questions to assess the financial strength of this company. (Note, all percentages should be presented in
9.119 Using the financial data below, answer the following questions to assess the financial strength of this company. (Note, all percentages should be presented in the form 12.34%, not 1234. If the answer is presented. 1234 It will be marked incorrect) From Income Statement 2021 2020 2019 2018 2017 2016 Sales $30,148 $31.266 $29,778 $27,079 $28,105 527,931 Cost of Goods Sold 19,027 19,503 17,621 16,496 16,863 16,725 Gross Income 511,121 $11.763 $12,157 S10,583 SI1,242 $11,206 Operating Expenses 9,084 8,942 8,544 8,459 8,528 Operating Income $2,002 $2,679 $3,215 $2,039 $2,783 $2,678 Interest Expense 368 372 383 361 393 388 Taxes 605 767 921 608 864 804 Net Income $1,029 $1.540 $1,911 1,070 $1,526 $1,486 From Balance Sheet 2021 2020 2019 2018 2017 2016 Cash $2,098 $2,176 $2,297 $1,109 52.246 $2,273 Receivables 517 504 522 558 424 Inventory 5,991 6,017 5.807 5,985 5,910 5,977 Total Current Assets 59,657 $10,016 $9,626 $7,652 58,580 $8,688 Total Assets $21.444 $22,241 $21,851 $20,576 $21,330 $21,620 Total Current Liabilities 56,732 $6,892 S6,647 $5,728 $5,726 Total Liabilities $19,726 516,100 $15,528 $16,326 $15.952 SI5,371 Total Equity $5,718 56,141 $6,323 $4,250 $5,378 $6,249 438 $5,075 1. What is the Compound Annual Growth Rate of Revenue over the entire reporting period? point) % (rounded to Ind decimal % (rounded to 2nd decimal 1. What is the Compound Annual Growth Rate of Revenue over the entire reporting period? point) 2. By what percent did revenue change in 2021? % (rounded to 2nd decimal point) 3. What is the 2021 Gross Margin? % (rounded to 2nd decimal point) 4. What is the 2021 Operating Margin? % (rounded to Ind decimal point) 5. What is the 2021 Net Margin? % (rounded to 2nd decimal point) 6. What is the 2021 Return on Assets? % (rounded to 2nd decimal point 7. What is the 2021 Return on Equity? % (rounded to 2nd decimal point) 8. What is the 2021 Current Ratio? (rounded to and decimal point) 9. What is the 2021 Quick Ratio? (rounded to 2nd decimal point) 10. What is the 2021 Inventory Turnover Rate? * (rounded to 2nd decimal polat) 11. What is the 2021 Days in Inventory? days (whole nummer) 12. What is the 2021 Debt-to-Asset Ratio? % (rounded to 2nd decimal point) 13. What is the 2021 Debt-to-Equity Ratio? (rounded to 2nd decimal point) 14. What is the 2021 Times Interest-Earned? x (rounded to 2nd decimal point)