Case $1$

Total Assets

$2011$

$2012$

$1\mathrm{.}200\mathrm{.}000$

$1\mathrm{.}400\mathrm{.}000$

Fixed Assets

$700\mathrm{.}000$

$650\mathrm{.}000$

Long Term Liabilities

$300\mathrm{.}000$

$350\mathrm{.}000$

Shareholders' Equity

$600\mathrm{.}000$

$500\mathrm{.}000$

Accounts Receivable

$75\mathrm{.}000$

$105\mathrm{.}000$

Inventory

$100\mathrm{.}000$

$140\mathrm{.}000$

Net Sales

$4\mathrm{.}200\mathrm{.}000$

$3\mathrm{.}600\mathrm{.}000$

Gross Margin

$16\%$

$24\%$

Operation Expenses

$320\mathrm{.}000$

$410\mathrm{.}000$

Net Profit for the Period

$120\mathrm{.}000$

$210\mathrm{.}000$

Requirement:

Calculate the ratios below and comment comparing sector standarts

$2012$ sector standarts :

Acid Test Ratio

$0,98$

Collection Period

Days to sell inventory

$18$ days

$14$ days

Current assets turnover

$3$

Operating Profit ratio

$28\%$

Net profit ratio

$4\%$

Total Assets profitability ratio

$5\%$

Case $2$

Company ABC

Assets turnover

Gross Sales

Sales Discounts

Gross Profit

Operating Profit

Permanent Capital

Financial Leverage

Acid Test ratio

Fixed assets turnover

Liquid assets

Tangible fixed assets$/$ Shareholders Equity

$2\%$

$1\mathrm{.}050\mathrm{.}000$

$35000$

$18\%$

$9\%$

$345\mathrm{.}000\mathrm{.}00$

$35\%$

$1,5\%$

$4$

$10\%$

$30\%$

Requirement:

Prepare the Balance Sheet and Income Statement of Company ABC