Question: please I need the correct numbers. thank you Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from Five Below

 please I need the correct numbers. thank you Formulating Financial Statementsfrom Raw Data and Calculating Ratios Following is selected financial information from

please I need the correct numbers. thank you

Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from Five Below for its fiscal year ended February 2, 2019 (5 thousands). Noncash assets, end of year $742,547 Stockholders' equity, end of year $652,000 Cash from investing activities (41,840) Cash from financing activities (5.917) Cash, end of year 266,853 Total assets, beginning of year 737,450 Total liabilities, end of year 357,400 Cost of goods sold (COGS) Revenue 1,653,137 Cash, beginning of year 119,429 Stockholders' equity, beginning of year 486,071 Total expenses, other than COGS and income tax 395,675 Cash from operating activities 195,181 Income tax expense 44,692 1,054, 147 Required a. Prepare the income statement for the year ended February 2, 2019. Note: Do not use negative signs with any of your answers. Five Below Income Statement ($thousands) For the year ended February 2, 2019 $ $ b. Prepare the balance sheet as of February 2, 2019. Five Below Balance Sheet($thousands) February 2, 2019 S S S c. Prepare the statement of cash flows for the year ended February 2, 2019. Note: Use a negative sign with your answer to indicate cash was used by activities and/or a decrease in cash. Five Below Statement of Cash Flow (s thousands) For the year ended February 2, 2019 S Cash from investing activities Cash from financing activities S d. Compute ROA e. Compute profit margin (PM). f. Compute asset turnover (AT). g. Compute ROE Notes: Round ROA, PM, & ROE to one decimal place (ex: 10.596) Round Asset turnover to two decimal places (0.33) ROA PM AT 90 90 ROE 96

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 Accounting Questions!