Question: data second part to respond to your boss request that you write up yoursement of the financial condition Specifically, write up Analyzing common sire financial

 data second part to respond to your boss request that you
write up yoursement of the financial condition Specifically, write up Analyzing common
data second part
sire financial statements Use the common-stre financial statements found here a brief

to respond to your boss request that you write up yoursement of the financial condition Specifically, write up Analyzing common sire financial statements Use the common-stre financial statements found here a brief narrative that responds to the following questions a. How much cash does Paterson have on and relative to its total assets? 1. What proportion of Patterson's assets has the firm inanced using short-term debt? Long-term debt? What percent of Patterson's revenues does the firm have over the paying all of its compenses including taxes? d. Describe the relative importance of P erson's major expense categories including cost of goods sold operating expenses, and interest expenses How much does Patterson have on hand relative to its totales The cash Patterson has on hand relative to its totales (Round to one decimal place) i Data Table sessr 2016 Common-Size Balance Sheet Cash and marketable securities Accounts receivable 500 1.5 % 18.2 5,990 9,480 28.8 Inventory Total current assets Net property, plant, and equipment 15,970 48.5 % 16,980 51.5 32,950 100.0 % 21.8 % 20.5 Total assets Accounts payable Short-term notes Total current liabilities Long-term liabilities Total liabilities . 7,170 6,750 13,920 7,030 20,950 42.2 % 21.3 63.6 % Print Done Data Table sessment Total common shareholders' equity Total liabilities and shareholders' equity 12,000 32,950 36.4 100.0 % Common-Size Income Statement Revenues Cost of goods sold Gross profit Operating expenses Net operating income Interest expense Earnings before taxes 2016 29,960 (19,950) 10,010 (7,970) 2,040 100.0 % 66.6 33.4 % 26.6 6.8 % (850) 2.8 4.0 % Income taxes 1,190 (433) 757 1.4 Net income 2.59 Print Done

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!