Calculate the following ratios. Do not round intermediate calculations. Round your answers to two decimal places....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Calculate the following ratios. Do not round intermediate calculations. Round your answers to two decimal places. Firm Industry Average Current ratio Debt to total capital Times interest earned EBITDA coverage Inventory turnover Days sales outstanding Fixed assets turnover Total assets turnover Profit margin Return on total assets Profit margin Total assets turnover X Equity multiplier x days X X 4 x % 5.50% % 22.00% Return on common equity % 22.70% Return on invested capital % 21.30% Construct a DuPont equation, and the industry. Do not round intermediate calculations. Round your answers to two decimal places. Firm % 2x X 18% 7x 9x 9x 20 days 7x Industry 5.50% 4x X Balance Sheet as of December 31, 2021 (millions of dollars) $ 50 Accounts payable 53 Other current liabilities 122 Notes payable $225 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and equity Cash and equivalents Accounts receivables Inventories Total current assets Gross fixed assets Less depreciation Net fixed assets Total assets 182 77 $105 $330 $ 30 10 36 $76 17 $93 73 164 $237 $330 Income Statement for Year Ended December 31, 2021 (millions of dollars) $ 705.00 540.00 $ 165.00 87.50 77.50 16.00 61.50 6.50 55.00 13.75 41.25 Net sales Cost of goods sold Gross profit Selling expenses EBITDA Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Taxes (25%) Net income $ $ $ $ Calculate the following ratios. Do not round intermediate calculations. Round your answers to two decimal places. Firm Industry Average Current ratio Debt to total capital Times interest earned EBITDA coverage Inventory turnover Days sales outstanding Fixed assets turnover Total assets turnover Profit margin Return on total assets Profit margin Total assets turnover X Equity multiplier x days X X 4 x % 5.50% % 22.00% Return on common equity % 22.70% Return on invested capital % 21.30% Construct a DuPont equation, and the industry. Do not round intermediate calculations. Round your answers to two decimal places. Firm % 2x X 18% 7x 9x 9x 20 days 7x Industry 5.50% 4x X Balance Sheet as of December 31, 2021 (millions of dollars) $ 50 Accounts payable 53 Other current liabilities 122 Notes payable $225 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and equity Cash and equivalents Accounts receivables Inventories Total current assets Gross fixed assets Less depreciation Net fixed assets Total assets 182 77 $105 $330 $ 30 10 36 $76 17 $93 73 164 $237 $330 Income Statement for Year Ended December 31, 2021 (millions of dollars) $ 705.00 540.00 $ 165.00 87.50 77.50 16.00 61.50 6.50 55.00 13.75 41.25 Net sales Cost of goods sold Gross profit Selling expenses EBITDA Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Taxes (25%) Net income $ $ $ $
Expert Answer:
Answer rating: 100% (QA)
Current ratio can be calculated as Current Assets Current Liabilities Substituting the values Current Ratio 225 76 296 Debt to Capital ratio can be ca... View the full answer
Related Book For
Accounting What the Numbers Mean
ISBN: 978-0073527062
9th Edition
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
Posted Date:
Students also viewed these finance questions
-
A small community hospital is considering the purchase of a new ultrasound machine, which costs $120,000 and is expected to generate $30,000 in annual net cash inflows. Using the payback period...
-
A firm has been experiencing low profitability in recent years. Perform an analysis of the firms financial position using the DuPont equation. The firm has no lease payments but has a $2 million...
-
33. Monker Dining Room Furniture manufactures two models of dining table sets: Traditional brand Contemporary. Manufacturing requirements are as follows: um boxi mod sq to get YTO TRADITIONAL...
-
Fox News broadcast a graph similar to the one shown here. The graph is intended to compare the number of people actually enrolled in a government health plan (left bar) and the goal for the number of...
-
Draw a state machine that can detect when it has received the serial input sequence 01010.
-
Discuss the hierarchical or sequential approach to financial analysis offered in this chapter.
-
Jurvin Enterprises recorded the following transactions for the just completed month. The company had no beginning inventories. a. $94,000 in raw materials were purchased for cash. b. $89,000 in raw...
-
Select a product described as one of the "Biggest Product Flops" of 2019 that you will bring back to the market. To, you will need to engage in some research to understand why the product failed to...
-
Becket Corporations accountant has prepared the following balance sheet as of November 10, 2020, the date on which the company is to release a plan for reorganizing operations under Chapter 11 of the...
-
Write a short (a paragraph) on any four of the following modern management techniques with suitable Indian Company examples preferably construction company examples. I. Total Quality Management II....
-
As is noted in this chapter, agency has been favored over context in entrepreneurship education. Arguably, this is no less true for entrepreneurship research. In your opinion, what is the proper...
-
A recent study by the Global Entrepreneurship Monitor (GEM) project found that a major impediment to more people launching their own businesses is self-effcacy. Do you think this is also true for...
-
Compare the front and back of checks and the deposit slips to the cash receipts and cash disbursement journals and identify: a. Checks where payees do not match b. Irregular disbursements c....
-
Why are \(\mathrm{x}\) rays rather than visible light used to determine structure in crystals?
-
What is the order of magnitude of the de Broglie wavelength of a person walking down the street?
-
Using MATLAB , Write a function posnum that prompts the user to enter a positive number and loops to error-check. It returns the square root of the positive number entered by the user. It calls a...
-
Suppose that a company has 10.000 outstanding shares in the beginning of the year. On April 1st, the company increases its shares by 6.000. On July 1st, the company increases its shares again, but...
-
Knight, Inc., expects to incur a loss for the current year. The chairperson of the board of directors wants to have a cash dividend so that the companys record of having paid a dividend during every...
-
On May 4, 2010, Docker, Inc., purchased 800 shares of its own common stock in the market at a price of $18.25 per share. On September 19, 2010, 600 of these shares were sold in the open market at a...
-
This problem is based on the 2008 annual report of Intel Corporation in the appendix. Required: a. Compute the following profitability measures for the year ended December 27, 2008: 1. Return on...
-
What basic set of factors must a firm consider when selecting a location for a production facility?
-
What basic factors must be addressed when managing international service operations?
-
Why is it important for organizations to control productivity?
Study smarter with the SolutionInn App