Question: i need help with 1 through 9 please please can anyone help me with these asap. thanks INDUSTRY FINANCIAL DATA AND RATIOS Average by Year


INDUSTRY FINANCIAL DATA AND RATIOS Average by Year (Number of Financial Statements) You have graduated from Washburn with your B.B. A in Entrepreneurship and Innovation. You are working on your first deal, evaluating the purchave of Vintage Games and Electronics (VGQE). VG\&E is headquartered in Topelca, KS has six retail stores in NE Kansas and sells used video games, video games systems, vintage turntables and stereo systems. It recently bepan selling albums, a growing market. VGWE's industry is NAICS =453310. Selected income statement account balances for the most recent year are as follows: Selected balance sheet balances as of last year-end are as follown: As part of your due diligence and in order to assess the opportunity, you decide to complete a scorecard on VG\&E Use the attached Sageworks Industry Data for the last 12 months. Malce sure to show your work. 1. (2 Pts) Calculate the Current Ratio. Is VG\&E performing better or worse than the industry average? 2. (2 Pts) Calculate the Quick Ratio. Is VG\&E performing better or worse than the industry average? 3. (2 Pts) Calculate the Debt-to-Worth Ratio. Is VG\&E performing better or worse than the industry average? 4. (2 Pts) Calculate the Gross Profit Margin. 1s VG\&E performing better or worse than the industry average? 5. (2 Pts) Calculate the Net Profit Margin. Is VG\&E performing better or worse than the industry average? 6. (2 Pts) Calculate the Inventory Turnover in Days. Is VG\&E performing better or worse than the industry average? 7. (2 Pts) Calculate the Fixed Asset Turnover (Sales to Fixed Assets). Is VG\&E performing better or worse than the industry average? 8. (2 Pts) Which of the following is a true statement? a. VG\&E is able to pay its bills. b. VG\&E owns this business. c. VG\&E should review the pricing of all merchandise. d. VG\&E should be carrying more inventory. 9. (2 Pts) To achieve industry inventory turns, which of the following is a true statement? a. VG\&E should reduce inventory levels $40,000. b. VG\&E: shouid reduce inventory levels $30,000. c. VGi\&E should reduce inventory levels $20,000. d. VG\&E should decrease inventory levels $10,000. INDUSTRY FINANCIAL DATA AND RATIOS Average by Year (Number of Financial Statements) You have graduated from Washburn with your B.B. A in Entrepreneurship and Innovation. You are working on your first deal, evaluating the purchave of Vintage Games and Electronics (VGQE). VG\&E is headquartered in Topelca, KS has six retail stores in NE Kansas and sells used video games, video games systems, vintage turntables and stereo systems. It recently bepan selling albums, a growing market. VGWE's industry is NAICS =453310. Selected income statement account balances for the most recent year are as follows: Selected balance sheet balances as of last year-end are as follown: As part of your due diligence and in order to assess the opportunity, you decide to complete a scorecard on VG\&E Use the attached Sageworks Industry Data for the last 12 months. Malce sure to show your work. 1. (2 Pts) Calculate the Current Ratio. Is VG\&E performing better or worse than the industry average? 2. (2 Pts) Calculate the Quick Ratio. Is VG\&E performing better or worse than the industry average? 3. (2 Pts) Calculate the Debt-to-Worth Ratio. Is VG\&E performing better or worse than the industry average? 4. (2 Pts) Calculate the Gross Profit Margin. 1s VG\&E performing better or worse than the industry average? 5. (2 Pts) Calculate the Net Profit Margin. Is VG\&E performing better or worse than the industry average? 6. (2 Pts) Calculate the Inventory Turnover in Days. Is VG\&E performing better or worse than the industry average? 7. (2 Pts) Calculate the Fixed Asset Turnover (Sales to Fixed Assets). Is VG\&E performing better or worse than the industry average? 8. (2 Pts) Which of the following is a true statement? a. VG\&E is able to pay its bills. b. VG\&E owns this business. c. VG\&E should review the pricing of all merchandise. d. VG\&E should be carrying more inventory. 9. (2 Pts) To achieve industry inventory turns, which of the following is a true statement? a. VG\&E should reduce inventory levels $40,000. b. VG\&E: shouid reduce inventory levels $30,000. c. VGi\&E should reduce inventory levels $20,000. d. VG\&E should decrease inventory levels $10,000
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