Green Toys It is a multinational retailer of environmentally friendly toys. They have developed a technique...

   

 

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Green Toys It is a multinational retailer of environmentally friendly toys. They have developed a technique for recycling materials and produce their own toys, which they sell in countries on every continent. It is a medium to large family business. The owner and CEO of the company is thinking of retiring and leaving the business to his children. He has asked the CFO (i.e. you) for a report. Green Toys Balance Sheet Fiscal Year Ended Current assets: Cash and cash equivalents Accounts receivable, net Inventories Prepaid expenses and other current assets Deferred income taxes, net Total current assets Property, plant and equipment, net Other assets TOTAL ASSETS Current liabilities: (in thousands except share data) Accounts payable Accrued compensation and related costs Long-term debt Accrued taxes Current portion of long-term debt Total current liabilities ASSETS Dec. 31, 2021 Total liabilities Shareholders' equity: Common stock (S0.1 par value) - authorized, 4,000,000 shares; issued and outstanding, 3,500,000. Paid-in capital in excess of par Retained earnings Total shareholders' equity TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY S S LIABILITIES AND SHAREHOLDERS' EQUITY S 1.369 1.008 1.489 S 157 44 4.066 3.137 168 7.371 429 104 132 89 754 2.630 3.384 350 2.415 1.222 3.987 7.371 Dec. 31, 2020 S S S S 1.427 876 481 126 40 2.950 2.287 161 5.398 242 98 141 82 563 1.830 2.392 350 2.415 241 3.006 5.398 Green Toys Corporation Consolidated Statement of Earnings (in thousands, except earning per share) Dec. 31, 2021 Fiscal year ended: Net revenues Cash Sales Credit Sales Total Net Revenues Cost of Sales Gross Profit Salaries Insurance Depreciation General and administrative expenses Subtotal operating expenses Operating income Interest expense Earnings before income taxes Income taxes Net Earnings Per Common Share Net Earnings Basic Net Earnings Diluted Weighted average shares outstanding: Basic Diluted GA $ $ GA GA $ 2.888 6.046 8.935 5.361 3.574 1.258 155 150 489 2.052 1.522 10 1.512 529 983 Dec. 31, 2020 3.500 4.000 $ $ 0,28 $ 0,25 2.751 5.258 8.009 4.405 3.604 1.183 116 135 479 1.913 1.691 11 1.680 588 1.092 0,31 0,27 3.500 4.000 Write a report that analyses: 1. The liquidity of the company 2. The efficiency of the company 3. The leverage of the company 4. The profitability of the company Green Toys It is a multinational retailer of environmentally friendly toys. They have developed a technique for recycling materials and produce their own toys, which they sell in countries on every continent. It is a medium to large family business. The owner and CEO of the company is thinking of retiring and leaving the business to his children. He has asked the CFO (i.e. you) for a report. Green Toys Balance Sheet Fiscal Year Ended Current assets: Cash and cash equivalents Accounts receivable, net Inventories Prepaid expenses and other current assets Deferred income taxes, net Total current assets Property, plant and equipment, net Other assets TOTAL ASSETS Current liabilities: (in thousands except share data) Accounts payable Accrued compensation and related costs Long-term debt Accrued taxes Current portion of long-term debt Total current liabilities ASSETS Dec. 31, 2021 Total liabilities Shareholders' equity: Common stock (S0.1 par value) - authorized, 4,000,000 shares; issued and outstanding, 3,500,000. Paid-in capital in excess of par Retained earnings Total shareholders' equity TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY S S LIABILITIES AND SHAREHOLDERS' EQUITY S 1.369 1.008 1.489 S 157 44 4.066 3.137 168 7.371 429 104 132 89 754 2.630 3.384 350 2.415 1.222 3.987 7.371 Dec. 31, 2020 S S S S 1.427 876 481 126 40 2.950 2.287 161 5.398 242 98 141 82 563 1.830 2.392 350 2.415 241 3.006 5.398 Green Toys Corporation Consolidated Statement of Earnings (in thousands, except earning per share) Dec. 31, 2021 Fiscal year ended: Net revenues Cash Sales Credit Sales Total Net Revenues Cost of Sales Gross Profit Salaries Insurance Depreciation General and administrative expenses Subtotal operating expenses Operating income Interest expense Earnings before income taxes Income taxes Net Earnings Per Common Share Net Earnings Basic Net Earnings Diluted Weighted average shares outstanding: Basic Diluted GA $ $ GA GA $ 2.888 6.046 8.935 5.361 3.574 1.258 155 150 489 2.052 1.522 10 1.512 529 983 Dec. 31, 2020 3.500 4.000 $ $ 0,28 $ 0,25 2.751 5.258 8.009 4.405 3.604 1.183 116 135 479 1.913 1.691 11 1.680 588 1.092 0,31 0,27 3.500 4.000 Write a report that analyses: 1. The liquidity of the company 2. The efficiency of the company 3. The leverage of the company 4. The profitability of the company

Answer rating: 100% (QA)

Dear CEOs Name I am writing this report to provide an analysis of Green Toys Corporations financial position as of December 31 2021 based on the provided balance sheet and consolidated statement of ea... View the full answer