Question: Comparative financial statement data for Cool Brewery Ltd. and Northern Beer Ltd., two competitors, follow (amounts in thousands): Cool Brewery Ltd Northern Beer Ltd. 2020




Comparative financial statement data for Cool Brewery Ltd. and Northern Beer Ltd., two competitors, follow (amounts in thousands): Cool Brewery Ltd Northern Beer Ltd. 2020 2019 2020 2019 $211.430 $37,690 Net sales Cost of goods sold 91,850 16,030 93,420 16,330 Operating expenses Interest expense 8,270 390 Income tax expense 5,020 1,090 Cash 12,550 $10.540 4,650 $2,260 92,030 85,010 9,000 7,660 Other current assets Long-term assets (net) 198,250 189,190 26,700 30,410 Current liabilities 70,120 56,050 3,950 3,690 ADA ARA DAV 10 Other current assets 92,030 85,010 9,000 7,660 Long-term assets (net) 198,250 189,190 26,700 30,410 Current liabilities 70,120 56,050 3,950 3,690 Long-term liabilities 102,640 125,050 7,830 8,040 Share capital 46,500 45,700 19,600 17,600 Retained earnings 83,570 57,940 8,970 11,000 Question 1 of 7 13.13/35 E Question List Calculate the return on assets and the return on shareholders equity for both companies. (Round answers to 1 decimal place, .g. 15.1%) Viewing Question 1 13.13/ Pl.com Cool Brewery Northem Beer Question 2 Actor Mubart tist 43 % 95 Return on assets Return on shareholders equity 26 9.5 Question 3 pleie 1 Cor Textbook and Media Question 4 Muto 1 cor Question 5 Muc 1 - x Your answer is incorrect Question Multiple Choice Calculate the debt to equity ratio for both companies at the end of 2020. (Round answers to 2 decimal places, es 0.84) Question 7 ng Calculate the debt to equity ratio for both companies at the end of 2020. (Round answers to 2 decimal places, eg. 0.84.) Cool Brewery Northern Beer Debt to equity ratio Calculate the net debt as a percentage of total capitalization for both companies. (Round answers to 1 decimal place, eg. 15.1%) Cool Brewery Northern Beer % 96 Net debt as a percentage of total capitalization
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