The financial information below was taken from the annual financial statements of Cullumber Videos: Current assets...

 

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The financial information below was taken from the annual financial statements of Cullumber Videos: Current assets Current liabilities Total liabilities Total assets Net sales Net credit sales Cost of goods sold Inventory Receivables (net) Dividends Capital expenditures Net income Net cash provided by operating activities 2014 $126,200 45,600 199,800 556,500 598,100 587,000 330,200 57,000 33,400 9,800 16,700 56,200 36,300 2013 $121,900 62,000 203,000 575,000 620,000 599,000 318,000 53,800 30,200 12,200 22,800 44,000 42,400 Calculate the following ratios for Cullumber Videos for 2014. (Round Free cash flow to 0 decimal place, e.g. 12. Othe to 2 decimal places, e.g. 12.21.) 1. Average collection period 2. Current ratio 3. Debt to assets ratio 4. Return on assets 5. Profit margin 6. Asset turnover 7. Inventory turnover 8. Free cash flow SA 1.03 2.98 9800 days :1 de % % % times times The financial information below was taken from the annual financial statements of Cullumber Videos: Current assets Current liabilities Total liabilities Total assets Net sales Net credit sales Cost of goods sold Inventory Receivables (net) Dividends Capital expenditures Net income Net cash provided by operating activities 2014 $126,200 45,600 199,800 556,500 598,100 587,000 330,200 57,000 33,400 9,800 16,700 56,200 36,300 2013 $121,900 62,000 203,000 575,000 620,000 599,000 318,000 53,800 30,200 12,200 22,800 44,000 42,400 Calculate the following ratios for Cullumber Videos for 2014. (Round Free cash flow to 0 decimal place, e.g. 12. Othe to 2 decimal places, e.g. 12.21.) 1. Average collection period 2. Current ratio 3. Debt to assets ratio 4. Return on assets 5. Profit margin 6. Asset turnover 7. Inventory turnover 8. Free cash flow SA 1.03 2.98 9800 days :1 de % % % times times

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Calculate the requested ratios for Cullumber Videos for 2014 Average Collection Period Average Colle... View the full answer